Potential offtaker

Carlton & United Breweries Pty. Ltd.

www.cub.com.au

Estimated electricity consumption

N/A

Countries of production presence

N/A

Carlton & United Breweries Pty. Ltd. (CUB) is one of the leading beer manufacturers in Australia, with a rich history spanning over 180 years. The company was founded in 1832 by John and James Caffin in Melbourne, and since then, it has grown to become a household name in the country's beer industry. CUB is a subsidiary of the global brewing giant, Anheuser-Busch InBev, which is headquartered in Belgium.

CUB has a diverse portfolio of beer brands, including Victoria Bitter, Carlton Draught, Pure Blonde, and Cascade. The company's commitment to quality and innovation has earned it numerous accolades over the years, including the prestigious World Beer Cup and Australian International Beer Awards.

In recent years, CUB has been actively pursuing decarbonisation initiatives to reduce its carbon footprint and contribute to global efforts to combat climate change. The company has set ambitious targets to reduce its greenhouse gas emissions by 50% by 2025 and achieve net-zero emissions by 2050.

One of the key strategies that CUB is using to achieve its decarbonisation goals is corporate energy procurement. The company has entered into several corporate power purchase agreements (PPAs) with renewable energy providers to source clean energy for its operations. In 2019, CUB signed a 12-year PPA with Victoria's largest wind farm, the Murra Warra II Wind Farm, to supply 74,000 MWh of renewable energy annually. This agreement is expected to reduce CUB's carbon emissions by 25,000 tonnes per year, which is equivalent to taking 6,000 cars off the road.

CUB has also invested in on-site renewable energy generation at its breweries. In 2018, the company installed a 100 kW solar system at its Abbotsford brewery in Melbourne, which is expected to generate 160 MWh of clean energy annually. This system will help CUB reduce its reliance on grid electricity and lower its carbon emissions.

In addition to its renewable energy initiatives, CUB is also implementing energy efficiency measures across its operations. The company has conducted energy audits at its breweries to identify areas where energy consumption can be reduced. As a result, CUB has implemented several energy-saving measures, such as upgrading its lighting systems, installing variable speed drives on motors, and optimising its refrigeration systems.

CUB's commitment to decarbonisation and renewable energy has earned it recognition from various organisations. In 2020, the company was awarded the Renewable Energy Target Achievement Award at the Clean Energy Council Awards for its efforts in sourcing renewable energy through PPAs. CUB was also named the 2020 Manufacturer of the Year at the Australian Energy Efficiency Awards for its energy efficiency initiatives.

Overall, CUB's decarbonisation initiatives demonstrate the company's commitment to sustainability and its role in addressing the global climate crisis. By investing in renewable energy and energy efficiency measures, CUB is not only reducing its carbon footprint but also contributing to the transition to a low-carbon economy. As a leading beer manufacturer in Australia, CUB's efforts are setting an example for other companies in the industry to follow.

✓ Current offtaker under Corporate PPA's