Potential offtaker

AGRANA Beteiligungs-AG

www.agrana.com

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Countries of production presence

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AGRANA Beteiligungs-AG is a leading food ingredients company headquartered in Vienna, Austria. The company operates in the food and beverage industry, providing high-quality ingredients to customers across the globe. AGRANA is committed to sustainability and has taken several measures to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus area for AGRANA, and the company has set ambitious targets to reduce its greenhouse gas emissions. In 2020, AGRANA joined the Science Based Targets initiative, which aims to help companies set science-based targets to limit global warming to below 2 degrees Celsius. AGRANA has committed to reducing its Scope 1 and 2 emissions by 50% by 2030, compared to 2019 levels. The company has also set a target to achieve net-zero emissions by 2050.

To achieve these targets, AGRANA has implemented several measures to reduce its carbon footprint. The company has invested in energy-efficient technologies, such as cogeneration plants, which produce both heat and electricity from a single fuel source. AGRANA has also optimized its production processes to reduce energy consumption, and the company has implemented a program to reduce food waste.

Corporate energy is another area of focus for AGRANA. The company has implemented a comprehensive energy management system to optimize its energy use and reduce costs. AGRANA has also invested in renewable energy, such as solar and wind power, to reduce its reliance on fossil fuels. In 2020, AGRANA signed a corporate power purchase agreement (PPA) with a wind farm in Austria, which will supply the company with renewable energy for the next 10 years. The PPA will help AGRANA reduce its carbon footprint and support the development of renewable energy in Austria.

Renewable energy is a key part of AGRANA's sustainability strategy. The company has set a target to source 50% of its electricity from renewable sources by 2025. AGRANA has invested in several renewable energy projects, such as solar power plants and biogas facilities, to help achieve this target. The company has also implemented a program to increase the use of renewable energy in its production processes.

In addition to its sustainability efforts, AGRANA is committed to providing high-quality food ingredients to its customers. The company operates in three business segments: Sugar, Starch, and Fruit. AGRANA is a leading producer of sugar and starch products, which are used in a wide range of food and beverage applications. The company also produces fruit preparations, which are used in dairy, bakery, and confectionery products.

AGRANA's Sugar segment produces a range of sugar products, including granulated sugar, icing sugar, and liquid sugar. The company's Starch segment produces a range of starch products, such as corn starch, potato starch, and wheat starch. AGRANA's Fruit segment produces fruit preparations, such as fruit purees, fruit fillings, and fruit sauces.

AGRANA operates in over 50 countries and has a global network of production facilities and sales offices. The company has a strong focus on innovation and invests heavily in research and development to develop new products and applications. AGRANA's products are used in a wide range of food and beverage applications, including dairy, bakery, confectionery, and beverages.

In conclusion, AGRANA Beteiligungs-AG is a leading food ingredients company that is committed to sustainability and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and increase its use of renewable energy. AGRANA has implemented several measures to achieve these targets, including investing in energy-efficient technologies, optimizing production processes, and investing in renewable energy projects. The company operates in three business segments: Sugar, Starch, and Fruit, and provides high-quality ingredients to customers across the globe. AGRANA's strong focus on innovation and commitment to sustainability make it a leader in the food and beverage industry.

✓ Science Based Targets member
✓ Declared Net Zero commitment