Potential offtaker

The JM Smucker Company

www.smuckers.com

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The JM Smucker Company is a leading American company that operates in the packaged food sector. The company is known for its high-quality food products, including coffee, peanut butter, jams, jellies, and pet food. Founded in 1897, the company has a long history of providing customers with delicious and nutritious food products.

In recent years, The JM Smucker Company has been focusing on decarbonisation and reducing its carbon footprint. The company is committed to sustainability and has set ambitious goals to reduce its greenhouse gas emissions. One of the ways the company is achieving this goal is by investing in renewable energy.

The company has been actively pursuing corporate energy solutions to reduce its carbon footprint. One of the ways the company is achieving this is by investing in corporate power purchase agreements (PPAs). Corporate PPAs are agreements between a company and a renewable energy provider to purchase a set amount of energy from a renewable energy source. By investing in corporate PPAs, The JM Smucker Company is able to reduce its reliance on fossil fuels and support the growth of renewable energy.

In 2019, The JM Smucker Company signed a 60 MW corporate PPA with Lincoln Clean Energy, a subsidiary of Ørsted, for the Plum Creek Wind Project in Wayne County, Nebraska. The project is expected to generate enough energy to power approximately 20,000 homes annually and will help The JM Smucker Company achieve its goal of sourcing 50% of its electricity from renewable sources by 2020.

The JM Smucker Company has also invested in on-site renewable energy solutions. In 2019, the company installed a 1.5 MW solar array at its coffee production facility in Suffolk, Virginia. The solar array is expected to generate approximately 30% of the facility's electricity needs and reduce the facility's carbon footprint by approximately 1,000 metric tons of CO2 annually.

The company has also invested in energy-efficient technologies to reduce its energy consumption. In 2018, The JM Smucker Company completed a lighting retrofit project at its coffee production facility in New Orleans, Louisiana. The project replaced the facility's existing lighting with energy-efficient LED lighting, resulting in a 60% reduction in energy consumption.

In addition to its efforts to reduce its carbon footprint, The JM Smucker Company is committed to reducing its waste and water usage. The company has set a goal to achieve zero waste to landfill by 2020 and has implemented a number of initiatives to reduce waste, including recycling programs and composting.

The company has also implemented water conservation measures at its facilities. In 2019, The JM Smucker Company's pet food production facility in Topeka, Kansas, implemented a water conservation program that reduced the facility's water usage by 20%. The program included the installation of water-efficient equipment and the implementation of best practices for water management.

In conclusion, The JM Smucker Company is a leading American company in the packaged food sector that is committed to sustainability and reducing its carbon footprint. The company has set ambitious goals to reduce its greenhouse gas emissions and has invested in renewable energy solutions, including corporate PPAs and on-site renewable energy. The company has also implemented energy-efficient technologies, waste reduction initiatives, and water conservation measures to achieve its sustainability goals. The JM Smucker Company is a model for other companies in the food sector to follow in their efforts to reduce their environmental impact and support the growth of renewable energy.

✓ Current offtaker under Corporate PPA's
✓ Science Based Targets member