Potential offtaker

Grupo Bimbo SAB de CV

www.grupobimbo.com

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Grupo Bimbo SAB de CV is a Mexican multinational bakery company that operates in the Bakery Products sector. The company was founded in 1945 by Lorenzo Servitje, and it has since grown to become one of the largest bakery companies in the world. Grupo Bimbo operates in more than 30 countries and has over 100 brands under its umbrella. The company is committed to sustainability and has taken several measures to reduce its carbon footprint, including decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation is a process of reducing carbon dioxide emissions. Grupo Bimbo has taken several steps to reduce its carbon footprint and become a more sustainable company. In 2019, the company committed to reducing its carbon footprint by 10% by 2025. To achieve this goal, Grupo Bimbo has implemented several measures, including the use of renewable energy, the optimization of its supply chain, and the reduction of waste.

Corporate energy is the energy used by a company to power its operations. Grupo Bimbo has implemented several measures to reduce its energy consumption and become more sustainable. The company has invested in energy-efficient equipment and has implemented energy-saving measures in its facilities. Grupo Bimbo has also implemented a program to encourage its employees to conserve energy and reduce waste.

Corporate PPA (Power Purchase Agreement) is a contract between a company and a renewable energy provider. The company agrees to purchase a certain amount of renewable energy from the provider, which helps to reduce its carbon footprint. Grupo Bimbo has signed several corporate PPAs with renewable energy providers to help reduce its carbon footprint. In 2020, the company signed a PPA with Enel Green Power to purchase renewable energy from a wind farm in Mexico. This PPA will help Grupo Bimbo reduce its carbon footprint by 28,000 tons of CO2 per year.

Renewable energy is energy that comes from renewable sources, such as wind, solar, and hydro power. Grupo Bimbo has invested in renewable energy to reduce its carbon footprint and become more sustainable. The company has installed solar panels in several of its facilities to generate renewable energy. Grupo Bimbo has also signed several PPAs with renewable energy providers to purchase renewable energy.

Grupo Bimbo is committed to sustainability and has taken several measures to reduce its carbon footprint. The company has implemented measures such as decarbonisation, corporate energy, corporate PPA, and renewable energy to become more sustainable. Grupo Bimbo's commitment to sustainability has earned it several awards and recognitions, including being named one of the world's most ethical companies by the Ethisphere Institute for the 10th consecutive year.

In addition to its commitment to sustainability, Grupo Bimbo is also committed to social responsibility. The company has implemented several programs to support the communities in which it operates. Grupo Bimbo has a program called "Bimbo Global Energy Race," which is a global race that promotes healthy living and raises funds for food banks. The company also has a program called "Bimbo Little School," which provides education and nutrition to children in underprivileged communities.

In conclusion, Grupo Bimbo SAB de CV is a Mexican multinational bakery company that operates in the Bakery Products sector. The company is committed to sustainability and has taken several measures to reduce its carbon footprint, including decarbonisation, corporate energy, corporate PPA, and renewable energy. Grupo Bimbo's commitment to sustainability has earned it several awards and recognitions, and the company is also committed to social responsibility through programs such as the Bimbo Global Energy Race and Bimbo Little School.

✓ Current offtaker under Corporate PPA's
✓ Re100 Gold member
✓ Science Based Targets member
✓ Declared Net Zero commitment
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