McCain Foods is a Canadian multinational company that operates in the packaged food sector. The company was founded in 1957 by the McCain brothers, Harrison and Wallace, in Florenceville, New Brunswick, Canada. Today, McCain Foods is one of the largest manufacturers of frozen french fries and potato products in the world, with over 20,000 employees and operations in over 160 countries.

As a global food company, McCain Foods is committed to sustainability and reducing its environmental impact. The company has set ambitious targets to reduce its greenhouse gas emissions and improve its energy efficiency. One of the key strategies that McCain Foods is pursuing to achieve these targets is decarbonisation.

Decarbonisation is the process of reducing or eliminating carbon emissions from a company's operations. McCain Foods is working to reduce its carbon footprint by improving its energy efficiency, transitioning to renewable energy sources, and reducing its reliance on fossil fuels. The company has set a target to reduce its greenhouse gas emissions by 50% by 2030, compared to its 2018 baseline.

To achieve this target, McCain Foods is investing in a range of decarbonisation initiatives. One of the key initiatives is the adoption of renewable energy sources. The company has committed to sourcing 100% of its electricity from renewable sources by 2030. McCain Foods is also exploring opportunities to generate renewable energy on-site, such as through the installation of solar panels or wind turbines.

Another important initiative that McCain Foods is pursuing is corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, which allows the company to purchase renewable energy at a fixed price. By entering into a corporate PPA, McCain Foods can secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy industry.

McCain Foods has already signed several corporate PPAs, including a 20-year agreement with a wind farm in Alberta, Canada. The wind farm will supply McCain Foods with 25% of its electricity needs in Canada, reducing the company's greenhouse gas emissions by an estimated 27,000 tonnes per year.

In addition to renewable energy, McCain Foods is also investing in energy efficiency initiatives. The company has implemented a range of measures to improve the energy efficiency of its operations, such as upgrading its equipment and processes, and implementing energy management systems. These initiatives have helped McCain Foods to reduce its energy consumption and greenhouse gas emissions, while also improving its bottom line.

Corporate energy management is another important aspect of McCain Foods' sustainability strategy. The company has established a global energy management program, which includes energy audits, benchmarking, and reporting. By monitoring and managing its energy use, McCain Foods can identify opportunities to improve its energy efficiency and reduce its environmental impact.

Overall, McCain Foods is a leader in the packaged food sector when it comes to sustainability and decarbonisation. The company's commitment to renewable energy, corporate PPAs, energy efficiency, and corporate energy management is helping to reduce its environmental impact and create a more sustainable future. As a global company with operations in over 160 countries, McCain Foods has the potential to make a significant contribution to the transition to a low-carbon economy.