Potential offtaker

Kerry Group PLC

www.kerrygroup.com

Estimated electricity consumption

N/A

Countries of production presence

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Kerry Group PLC-A is an Irish multinational food and ingredients company that operates in the food ingredients sector. The company was founded in 1972 and is headquartered in Tralee, County Kerry, Ireland. Kerry Group PLC-A is one of the leading players in the global food ingredients market, offering a wide range of products and services to customers in the food and beverage industry.

The company's products and services include flavors and extracts, sweeteners, functional ingredients, nutritional ingredients, and food coatings. Kerry Group PLC-A is committed to providing its customers with high-quality, innovative, and sustainable solutions that meet their needs and help them to grow their businesses.

Kerry Group PLC-A is also committed to sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and become a more sustainable business. Kerry Group PLC-A is working towards reducing its greenhouse gas emissions by 33% by 2030 and achieving net-zero emissions by 2050.

To achieve these targets, Kerry Group PLC-A is investing in renewable energy and energy efficiency measures. The company has implemented a corporate energy program that focuses on reducing energy consumption and increasing the use of renewable energy sources. Kerry Group PLC-A has also signed several corporate power purchase agreements (PPAs) to source renewable energy directly from wind and solar farms.

One of Kerry Group PLC-A's most significant renewable energy projects is its partnership with Bord Gáis Energy, a leading Irish energy supplier. The two companies have signed a 15-year corporate PPA that will see Kerry Group PLC-A source renewable energy from a new wind farm in County Cork. The wind farm will generate 100 MW of renewable energy, which will be used to power Kerry Group PLC-A's manufacturing facilities in Ireland.

Kerry Group PLC-A's commitment to renewable energy and decarbonisation is not only good for the environment but also for its business. The company's focus on sustainability and energy efficiency has helped it to reduce its operating costs and improve its bottom line. By investing in renewable energy and energy efficiency measures, Kerry Group PLC-A is future-proofing its business and ensuring its long-term success.

In addition to its focus on sustainability and decarbonisation, Kerry Group PLC-A is also committed to corporate social responsibility. The company has a strong ethical and social responsibility framework that guides its operations and decision-making. Kerry Group PLC-A is committed to conducting its business in an ethical and responsible manner, and it strives to make a positive impact on the communities in which it operates.

Kerry Group PLC-A's commitment to sustainability, decarbonisation, and corporate social responsibility has earned it several awards and recognitions. In 2020, the company was named one of the world's most ethical companies by the Ethisphere Institute. Kerry Group PLC-A was also named one of the world's most sustainable companies by Corporate Knights, a leading sustainability ranking organization.

In conclusion, Kerry Group PLC-A is a leading player in the global food ingredients market, offering a wide range of products and services to customers in the food and beverage industry. The company is committed to sustainability, decarbonisation, and corporate social responsibility, and it has set ambitious targets to reduce its carbon footprint and become a more sustainable business. Kerry Group PLC-A's focus on renewable energy and energy efficiency has helped it to reduce its operating costs and improve its bottom line, while also making a positive impact on the environment and the communities in which it operates.

✓ Declared Net Zero commitment