ECOM Agroindustrial Corp Ltd is a Swiss-based company that operates in the coffee sector. The company has a presence in over 40 countries and is one of the largest coffee traders in the world. ECOM is committed to sustainability and has implemented various initiatives to reduce its carbon footprint and promote renewable energy.
Decarbonisation is a key focus for ECOM, and the company has set ambitious targets to reduce its greenhouse gas emissions. ECOM has committed to reducing its Scope 1 and 2 emissions by 50% by 2030, compared to a 2019 baseline. The company is also working to reduce its Scope 3 emissions, which include emissions from its supply chain. To achieve these targets, ECOM is implementing a range of measures, including improving energy efficiency, switching to renewable energy sources, and investing in low-carbon technologies.
Corporate energy is another area of focus for ECOM. The company is committed to reducing its energy consumption and promoting energy efficiency across its operations. ECOM has implemented various initiatives to achieve this, including installing energy-efficient lighting and HVAC systems, optimizing production processes, and implementing energy management systems. The company also conducts regular energy audits to identify areas for improvement and track progress towards its energy efficiency targets.
Corporate power purchase agreements (PPAs) are an important tool for ECOM in its efforts to promote renewable energy. PPAs allow companies to purchase renewable energy directly from generators, providing a stable and predictable source of renewable energy. ECOM has signed several corporate PPAs to support its renewable energy goals. For example, in 2020, the company signed a 10-year PPA with a wind farm in Texas, which will provide renewable energy to ECOM's US operations.
Renewable energy is a key focus for ECOM, and the company is committed to sourcing 100% of its electricity from renewable sources by 2025. To achieve this, ECOM is investing in renewable energy projects and signing corporate PPAs with renewable energy generators. The company has also implemented various initiatives to promote renewable energy across its operations, including installing solar panels at its facilities and promoting the use of electric vehicles.
In addition to its sustainability initiatives, ECOM is also committed to social responsibility and ethical sourcing. The company works closely with coffee farmers to promote sustainable farming practices and improve the livelihoods of coffee communities. ECOM also has a strict code of conduct for its suppliers, which includes requirements for fair labor practices, environmental sustainability, and ethical sourcing.
Overall, ECOM Agroindustrial Corp Ltd is a leading player in the coffee sector, with a strong commitment to sustainability and renewable energy. The company's focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy is helping to reduce its carbon footprint and promote a more sustainable future for the coffee industry. ECOM's commitment to social responsibility and ethical sourcing also demonstrates its dedication to promoting sustainable and equitable practices across its operations.