Potential offtaker

Cranswick plc

cranswick.plc.uk

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Cranswick plc is a leading producer of premium, high-quality meat products in the United Kingdom. The company has a rich history dating back to 1975, when it was established as a small family business in East Yorkshire. Today, Cranswick is a publicly traded company with a market capitalization of over £3 billion and employs over 10,000 people across its operations.

Cranswick operates in the meat products sector, which is a highly competitive and regulated industry. The company's product range includes fresh pork, bacon, sausages, cooked meats, and pastry products, which are sold to retail, foodservice, and manufacturing customers. Cranswick has a strong reputation for quality, innovation, and sustainability, which has helped it to build long-term relationships with its customers.

One of the key challenges facing the meat products industry is decarbonisation. The production and consumption of meat products are major contributors to greenhouse gas emissions, which are a leading cause of climate change. In response to this challenge, Cranswick has developed a comprehensive sustainability strategy to reduce its environmental impact and contribute to a more sustainable future.

One of the key elements of Cranswick's sustainability strategy is corporate energy management. The company has invested in energy-efficient technologies and processes to reduce its energy consumption and carbon footprint. For example, Cranswick has installed energy-efficient lighting, heating, and cooling systems in its facilities, which has helped to reduce its energy consumption by over 10% in the last five years.

Another important aspect of Cranswick's sustainability strategy is the use of renewable energy. The company has invested in renewable energy technologies such as solar panels and wind turbines to generate clean energy for its operations. Cranswick has also signed corporate power purchase agreements (PPAs) with renewable energy providers to ensure a reliable and sustainable source of energy for its operations.

Corporate PPAs are long-term contracts between energy buyers and renewable energy providers, which allow companies to purchase renewable energy directly from the source. By signing corporate PPAs, Cranswick has been able to secure a reliable and cost-effective source of renewable energy for its operations, while also supporting the growth of the renewable energy sector.

Cranswick's commitment to sustainability has been recognized by a number of industry awards and certifications. The company has been awarded the Carbon Trust Standard for Supply Chain certification, which recognizes its efforts to reduce carbon emissions across its supply chain. Cranswick has also been recognized by the Business in the Community's Corporate Responsibility Index, which assesses companies' sustainability performance across a range of areas.

In conclusion, Cranswick plc is a leading producer of premium meat products in the United Kingdom, with a strong reputation for quality, innovation, and sustainability. The company has developed a comprehensive sustainability strategy to reduce its environmental impact and contribute to a more sustainable future. Key elements of this strategy include corporate energy management, the use of renewable energy, and the signing of corporate PPAs. Cranswick's commitment to sustainability has been recognized by a number of industry awards and certifications, which demonstrate its leadership in this area.

✓ Science Based Targets member
✓ Declared Net Zero commitment