Potential offtaker

Stonyfield

www.stonyfield.com

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Stonyfield is a dairy products company based in the United States of America that is dedicated to producing high-quality organic yogurts, smoothies, and other dairy products. The company was founded in 1983 by Gary Hirshberg, who was passionate about the environment and wanted to create a business that would have a positive impact on the planet. Today, Stonyfield is one of the leading organic dairy brands in the United States, with a commitment to sustainability and decarbonisation.

Decarbonisation is a key focus for Stonyfield, as the company recognizes the urgent need to reduce greenhouse gas emissions and mitigate the effects of climate change. The company has set ambitious goals to reduce its carbon footprint, including a commitment to become carbon neutral by 2025. To achieve this goal, Stonyfield is implementing a range of strategies to reduce its energy consumption and transition to renewable energy sources.

One of the key strategies that Stonyfield is using to reduce its carbon footprint is corporate energy management. The company has implemented a comprehensive energy management program that includes energy audits, energy efficiency upgrades, and employee engagement initiatives. By optimizing its energy use, Stonyfield is able to reduce its greenhouse gas emissions and lower its energy costs.

Another important strategy that Stonyfield is using to decarbonize its operations is the use of corporate power purchase agreements (PPAs). PPAs are contracts between a company and a renewable energy provider that guarantee a fixed price for renewable energy over a set period of time. By entering into PPAs, Stonyfield is able to purchase renewable energy at a lower cost than traditional fossil fuels, while also supporting the growth of the renewable energy industry.

Stonyfield has also made significant investments in renewable energy infrastructure, including the installation of solar panels at its manufacturing facilities. The company has installed over 3,000 solar panels at its Londonderry, New Hampshire facility, which generates enough electricity to power over 100 homes. In addition to solar, Stonyfield is exploring other renewable energy sources, such as wind and geothermal, to further reduce its carbon footprint.

Stonyfield's commitment to sustainability and decarbonisation extends beyond its own operations. The company is also working with its suppliers and partners to reduce their environmental impact. For example, Stonyfield has implemented a Sustainable Dairy Farming Initiative that provides training and resources to its dairy farmers to help them reduce their greenhouse gas emissions and improve their sustainability practices.

Overall, Stonyfield is a leader in the dairy products industry when it comes to sustainability and decarbonisation. The company's commitment to reducing its carbon footprint through energy management, corporate PPAs, and renewable energy investments is setting a positive example for other companies in the industry. By prioritizing sustainability, Stonyfield is not only reducing its environmental impact, but also creating a more resilient and profitable business for the future.