Potential offtaker

Amaggi & LD Commodities S.A.

Estimated electricity consumption

N/A

Countries of production presence

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AMAGGI is a leading Brazilian company that operates in the Agricultural Products Wholesalers sector. Founded in 1977, the company has grown to become one of the largest producers and exporters of soybeans, corn, cotton, and other agricultural products in Brazil. With a strong commitment to sustainability and decarbonisation, AMAGGI has become a leader in the adoption of renewable energy and corporate energy initiatives.

AMAGGI's commitment to decarbonisation is evident in its efforts to reduce its carbon footprint and promote sustainable practices throughout its operations. The company has implemented a number of initiatives to reduce its greenhouse gas emissions, including the adoption of renewable energy sources such as wind and solar power. In addition, AMAGGI has invested in energy-efficient technologies and practices to reduce its energy consumption and improve its overall sustainability.

One of AMAGGI's key initiatives in the area of renewable energy is its Corporate Power Purchase Agreement (PPA) program. Under this program, the company has signed long-term contracts with renewable energy providers to purchase a portion of its energy needs from renewable sources. This has allowed AMAGGI to reduce its reliance on fossil fuels and promote the development of renewable energy projects in Brazil.

AMAGGI has also invested in its own renewable energy projects, including the construction of a 100 MW wind farm in the state of Bahia. The wind farm, which began operations in 2018, is expected to generate enough electricity to power more than 200,000 homes and reduce CO2 emissions by more than 200,000 tons per year.

In addition to its renewable energy initiatives, AMAGGI has also implemented a number of corporate energy programs to improve its overall energy efficiency. These programs include the adoption of energy-efficient technologies and practices, as well as the implementation of energy management systems to monitor and control energy consumption across its operations.

AMAGGI's commitment to sustainability and decarbonisation has been recognized by a number of organizations and industry groups. In 2020, the company was named to the Dow Jones Sustainability Index for the fifth consecutive year, and was also recognized by the Carbon Disclosure Project for its efforts to reduce greenhouse gas emissions.

Overall, AMAGGI is a leader in the adoption of renewable energy and corporate energy initiatives in Brazil. With a strong commitment to sustainability and decarbonisation, the company is well-positioned to continue its growth and success in the years ahead.

✓ Science Based Targets member
✓ Declared Net Zero commitment