Potential offtaker

Hero Group

www.herogroup.com

Estimated electricity consumption

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Countries of production presence

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Hero Group is a Swiss-based company that operates in the packaged food sector, with a focus on producing high-quality products that are both healthy and delicious. The company has a long history of innovation and sustainability, and is committed to reducing its carbon footprint and promoting renewable energy.

One of the key areas of focus for Hero Group is decarbonisation. The company recognizes the urgent need to reduce greenhouse gas emissions and combat climate change, and has implemented a number of initiatives to reduce its own carbon footprint. These include investing in renewable energy, improving energy efficiency in its operations, and reducing waste and emissions throughout its supply chain.

One of the ways that Hero Group is promoting renewable energy is through the use of corporate power purchase agreements (PPAs). PPAs are contracts between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy over a set period of time. This helps to support the development of new renewable energy projects, and can also provide cost savings for the company.

Hero Group has signed several corporate PPAs in recent years, including agreements to purchase wind power from a project in Spain and solar power from a project in Italy. These agreements have helped to increase the company's use of renewable energy and reduce its carbon footprint.

In addition to using corporate PPAs, Hero Group has also invested in its own renewable energy projects. The company has installed solar panels on the roofs of several of its facilities, which generate clean energy that can be used to power the company's operations. This not only reduces the company's reliance on fossil fuels, but also helps to reduce its energy costs over the long term.

Another important aspect of Hero Group's sustainability strategy is corporate energy management. The company has implemented a number of measures to improve energy efficiency in its operations, such as upgrading lighting systems, optimizing production processes, and using energy-efficient equipment. These measures not only reduce the company's carbon footprint, but also help to reduce its energy costs and improve its bottom line.

Hero Group is also committed to reducing waste and emissions throughout its supply chain. The company works closely with its suppliers to promote sustainable practices, such as reducing packaging waste and using more sustainable materials. In addition, Hero Group has implemented a number of initiatives to reduce food waste, such as optimizing production processes and donating excess food to charities.

Overall, Hero Group is a company that is committed to sustainability and innovation. Through its focus on decarbonisation, corporate energy management, corporate PPAs, and renewable energy, the company is working to reduce its carbon footprint and promote a more sustainable future. With its long history of innovation and commitment to sustainability, Hero Group is a leader in the packaged food sector and a model for other companies to follow.

✓ Science Based Targets member
✓ Declared Net Zero commitment