Potential offtaker

Bimbo Bakeries

www.bimbobakeriesusa.com

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Which other companies from United States of America are actively involved in decarbonization initiatives?
  • Viatris Inc.
  • Farmer Bros. Co
  • Aramark
  • Jamestown
  • Bozzuto Group
  • Firebaugh-Las Deltas Unified School District
  • Bimbo Bakeries is a leading baked goods company based in the United States of America. With a strong focus on sustainability and decarbonisation, the company has made significant strides in reducing its carbon footprint and promoting renewable energy.

    Bimbo Bakeries operates in the baked goods sector, producing a wide range of products including bread, buns, bagels, muffins, and cakes. The company has a strong presence in the United States, with over 60 bakeries and more than 20,000 employees across the country.

    One of the key areas of focus for Bimbo Bakeries is decarbonisation. The company has set ambitious targets to reduce its greenhouse gas emissions and promote sustainable practices across its operations. In 2019, Bimbo Bakeries announced its commitment to reduce its greenhouse gas emissions by 30% by 2025, compared to its 2015 baseline.

    To achieve this goal, the company has implemented a range of initiatives to reduce its energy consumption and promote renewable energy. One of the key strategies has been to invest in corporate energy purchasing agreements (PPAs) for renewable energy. These agreements allow Bimbo Bakeries to purchase renewable energy directly from wind and solar farms, reducing its reliance on fossil fuels and promoting the growth of renewable energy.

    In 2020, Bimbo Bakeries signed a 12-year PPA with a wind farm in Texas, which will provide the company with 100 MW of renewable energy. This agreement is expected to reduce the company's greenhouse gas emissions by approximately 260,000 metric tons per year, equivalent to taking 55,000 cars off the road.

    In addition to corporate PPAs, Bimbo Bakeries has also invested in on-site renewable energy generation. The company has installed solar panels at several of its facilities, including its bakery in Escondido, California, which has a 1.1 MW solar array. These solar panels generate approximately 25% of the bakery's energy needs, reducing its reliance on grid electricity and promoting renewable energy.

    Bimbo Bakeries has also implemented a range of energy efficiency measures across its operations. The company has invested in energy-efficient lighting, HVAC systems, and equipment, reducing its energy consumption and promoting sustainable practices. In 2020, Bimbo Bakeries completed a lighting retrofit project at its bakery in Dubuque, Iowa, which is expected to reduce the facility's energy consumption by 15%.

    In addition to its sustainability initiatives, Bimbo Bakeries has also been recognised for its corporate responsibility and ethical practices. The company has been named to the Dow Jones Sustainability Index for North America for five consecutive years, and has been recognised by the Ethisphere Institute as one of the world's most ethical companies.

    Bimbo Bakeries has also implemented a range of social responsibility initiatives, including its partnership with Feeding America, a non-profit organisation that works to combat hunger in the United States. Through this partnership, Bimbo Bakeries has donated millions of pounds of bread and baked goods to food banks across the country, helping to feed families in need.

    In conclusion, Bimbo Bakeries is a leading baked goods company in the United States that is committed to sustainability and decarbonisation. The company has set ambitious targets to reduce its greenhouse gas emissions and promote renewable energy, and has implemented a range of initiatives to achieve these goals. Through its corporate PPAs, on-site renewable energy generation, and energy efficiency measures, Bimbo Bakeries is promoting sustainable practices and reducing its carbon footprint. Additionally, the company's social responsibility initiatives demonstrate its commitment to making a positive impact on the communities it serves.

    ✓ Current offtaker under Corporate PPA's