Potential offtaker

Inner Mongolia Yili Industrial Group Co.,Ltd.

www.yili.com

Estimated electricity consumption

N/A

Countries of production presence

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Inner Mongolia Yili Industrial Group Co., Ltd. is a leading dairy company in China, operating in the milk sector. The company was founded in 1993 and is headquartered in Hohhot, Inner Mongolia. Yili Group is committed to providing high-quality dairy products to consumers around the world, while also promoting sustainable development and decarbonisation.

Decarbonisation is a key focus for Yili Group. The company recognises the urgent need to reduce greenhouse gas emissions and mitigate the impacts of climate change. Yili Group has set a goal to achieve carbon neutrality by 2050, and has developed a comprehensive decarbonisation strategy to achieve this goal.

One of the key elements of Yili Group's decarbonisation strategy is the use of renewable energy. The company has invested heavily in renewable energy sources such as wind and solar power, and has built several renewable energy projects in Inner Mongolia and other regions of China. Yili Group's renewable energy projects have a total installed capacity of over 1.5 GW, and the company plans to continue expanding its renewable energy portfolio in the coming years.

In addition to investing in renewable energy, Yili Group is also focused on reducing its corporate energy consumption. The company has implemented a range of energy-saving measures across its operations, including the use of energy-efficient equipment and the optimisation of production processes. Yili Group has also implemented a corporate power purchase agreement (PPA) to source renewable energy directly from wind and solar power projects, further reducing its carbon footprint.

Yili Group's commitment to decarbonisation and renewable energy has been recognised by the international community. In 2020, the company was included in the Dow Jones Sustainability Indices (DJSI) for the third consecutive year, and was also named as one of the top 100 global sustainable companies by Corporate Knights.

Yili Group's focus on sustainability extends beyond its energy and carbon reduction efforts. The company is also committed to promoting sustainable agriculture and protecting biodiversity. Yili Group works closely with farmers and suppliers to promote sustainable farming practices, and has established several eco-friendly dairy farms in Inner Mongolia. The company also supports biodiversity conservation projects, and has established a nature reserve in the Hulunbuir grasslands to protect endangered species such as the Siberian tiger and the red-crowned crane.

Overall, Inner Mongolia Yili Industrial Group Co., Ltd. is a leading dairy company in China that is committed to promoting sustainable development and decarbonisation. The company's focus on renewable energy, corporate energy reduction, and sustainable agriculture has earned it recognition as a global leader in sustainability. Yili Group's commitment to sustainability is not only good for the environment, but also for its business, as consumers increasingly demand sustainable products and companies that are aligned with their values.

✓ Science Based Targets member
✓ Declared Net Zero commitment