Potential offtaker

Glanbia PLC

www.glanbia.com

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Which other companies from Ireland are actively involved in decarbonization initiatives?
  • Kingspan
  • ABP Food Group
  • Primark Limited
  • Experian
  • KPMG Ireland
  • Glanbia PLC is an Irish multinational company that operates in the dairy products sector. The company was founded in 1997 and is headquartered in Kilkenny, Ireland. Glanbia PLC is a leading global nutrition company that produces a wide range of dairy products, nutritional ingredients, and branded consumer products.

    Glanbia PLC has a strong commitment to sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and become a more sustainable business. In 2019, Glanbia PLC announced its commitment to reduce its carbon footprint by 30% by 2030. The company is also committed to sourcing 100% of its electricity from renewable sources by 2025.

    To achieve its decarbonisation goals, Glanbia PLC has implemented a range of initiatives, including investing in renewable energy, improving energy efficiency, and reducing waste. The company has also implemented a corporate energy management program to monitor and reduce its energy consumption.

    One of Glanbia PLC's key initiatives to reduce its carbon footprint is the use of corporate power purchase agreements (PPAs) for renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees the purchase of a certain amount of renewable energy at a fixed price. Glanbia PLC has signed several corporate PPAs for wind and solar energy, which has helped the company to reduce its carbon footprint and achieve its renewable energy targets.

    In 2020, Glanbia PLC signed a 15-year corporate PPA with renewable energy provider Energia for the purchase of 50 MW of wind power. The wind power will be generated by a new wind farm in County Meath, Ireland, and will provide enough renewable energy to power all of Glanbia PLC's operations in Ireland. The corporate PPA will also help Glanbia PLC to reduce its carbon footprint by 55,000 tonnes of CO2 per year.

    Glanbia PLC has also invested in renewable energy projects, including the construction of a 2.8 MW solar farm at its cheese manufacturing facility in Belview, County Kilkenny. The solar farm is one of the largest in Ireland and will generate enough renewable energy to power the equivalent of 700 homes.

    In addition to its renewable energy initiatives, Glanbia PLC has implemented a range of energy efficiency measures to reduce its energy consumption and carbon footprint. The company has invested in energy-efficient lighting, heating, and cooling systems, and has implemented a range of energy-saving measures across its operations.

    Glanbia PLC has also implemented a waste reduction program to reduce the amount of waste generated by its operations. The company has implemented a range of measures to reduce packaging waste, including the use of reusable packaging and the implementation of a closed-loop recycling system.

    In conclusion, Glanbia PLC is a leading global nutrition company that is committed to sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and become a more sustainable business. Glanbia PLC has implemented a range of initiatives, including investing in renewable energy, improving energy efficiency, and reducing waste. The company has also signed several corporate PPAs for renewable energy, which has helped it to achieve its decarbonisation goals. Glanbia PLC is a great example of a company that is committed to sustainability and is taking action to reduce its impact on the environment.

    ✓ Science Based Targets member
    ✓ Declared Net Zero commitment