Potential offtaker

Elders Limited

www.elders.com.au

Estimated electricity consumption

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Countries of production presence

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Elders Ltd is one of the leading agricultural products wholesalers in Australia. The company has a rich history dating back to 1839 when it was established as a wool trading business. Today, Elders Ltd has diversified its operations to include a wide range of agricultural products and services, including livestock, wool, grain, and horticulture.

As a company that operates in the agricultural sector, Elders Ltd is keenly aware of the impact of climate change on the industry. The company has taken a proactive approach to decarbonisation by implementing a range of initiatives aimed at reducing its carbon footprint. These initiatives include the adoption of renewable energy sources and the implementation of energy-efficient technologies.

Corporate energy is a key focus area for Elders Ltd. The company has set ambitious targets to reduce its energy consumption and increase its use of renewable energy sources. To achieve these targets, Elders Ltd has invested in a range of renewable energy projects, including solar, wind, and hydroelectric power. The company has also implemented energy-efficient technologies such as LED lighting and smart building management systems.

One of the most significant renewable energy projects undertaken by Elders Ltd is the installation of solar panels on the roofs of its offices and warehouses. The company has installed over 1,000 solar panels across its sites, generating over 500,000 kilowatt-hours of electricity per year. This has helped to reduce the company's reliance on grid electricity and has significantly reduced its carbon footprint.

Corporate power purchase agreements (PPAs) are another important aspect of Elders Ltd's renewable energy strategy. The company has entered into several long-term PPAs with renewable energy providers, which enable it to purchase renewable energy at a fixed price over a period of several years. This provides Elders Ltd with a reliable and cost-effective source of renewable energy and helps to support the growth of the renewable energy industry in Australia.

In addition to its renewable energy initiatives, Elders Ltd is also committed to reducing its greenhouse gas emissions through other decarbonisation strategies. The company has implemented a range of energy efficiency measures, such as upgrading its lighting and HVAC systems, and has also invested in electric and hybrid vehicles for its fleet.

Elders Ltd's commitment to decarbonisation and renewable energy has been recognised by the industry and the wider community. The company has received several awards for its sustainability initiatives, including the 2020 National Energy Efficiency Award for Best Energy Efficiency Project in the Commercial Building Sector.

In conclusion, Elders Ltd is a leading agricultural products wholesaler in Australia that is committed to decarbonisation and renewable energy. The company has implemented a range of initiatives aimed at reducing its carbon footprint, including the adoption of renewable energy sources, the implementation of energy-efficient technologies, and the use of corporate PPAs. Elders Ltd's commitment to sustainability has been recognised by the industry and the wider community, and the company is well-positioned to continue leading the way in the transition to a low-carbon economy.

✓ Declared Net Zero commitment