Chr. Hansen A/S
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Chr. Hansen A/S is a Danish company that operates in the food additives sector. The company is a global leader in the development and production of natural ingredients for the food, beverage, dietary supplement, and agricultural industries. It is headquartered in Hørsholm, Denmark, and has operations in more than 30 countries around the world.
The company's mission is to enable sustainable food production by providing innovative natural solutions that enhance food quality, safety, and sustainability. Chr. Hansen A/S is committed to decarbonisation and reducing its carbon footprint through various initiatives, including the use of renewable energy sources and corporate power purchase agreements (PPAs).
Corporate Energy
Chr. Hansen A/S is committed to reducing its energy consumption and carbon emissions through various energy efficiency measures. The company has implemented a corporate energy management system that helps it monitor and reduce its energy consumption. The system includes energy audits, energy efficiency projects, and employee engagement programs.
The company has also invested in renewable energy sources, such as wind and solar power, to reduce its reliance on fossil fuels. In 2019, Chr. Hansen A/S signed a 10-year corporate PPA with Better Energy, a Danish renewable energy company, to purchase 10 MW of solar power annually. The agreement will enable the company to reduce its carbon emissions by approximately 9,500 tonnes per year.
Corporate PPA
Chr. Hansen A/S is committed to sourcing renewable energy through corporate PPAs. A corporate PPA is a long-term agreement between a company and a renewable energy provider to purchase a fixed amount of renewable energy at a predetermined price. The agreement enables the company to reduce its carbon footprint and hedge against future energy price volatility.
In 2018, Chr. Hansen A/S signed a 10-year corporate PPA with a wind farm in Texas, USA, to purchase 20 MW of wind power annually. The agreement will enable the company to reduce its carbon emissions by approximately 18,000 tonnes per year.
Renewable Energy
Chr. Hansen A/S is committed to sourcing renewable energy to reduce its carbon footprint and support the transition to a low-carbon economy. The company has set a target to source 100% of its electricity from renewable sources by 2025.
To achieve this target, the company has invested in renewable energy sources, such as wind and solar power, and signed corporate PPAs with renewable energy providers. The company has also implemented energy efficiency measures to reduce its energy consumption and carbon emissions.
In 2019, Chr. Hansen A/S was recognized as a global leader in corporate sustainability by the Dow Jones Sustainability Indices (DJSI). The company received a score of 82 out of 100, which is higher than the industry average. The DJSI is a global benchmark that assesses the sustainability performance of companies based on economic, environmental, and social criteria.
Conclusion
Chr. Hansen A/S is a Danish company that operates in the food additives sector. The company is committed to decarbonisation and reducing its carbon footprint through various initiatives, including the use of renewable energy sources and corporate PPAs. The company has set a target to source 100% of its electricity from renewable sources by 2025 and has invested in renewable energy sources, such as wind and solar power, to achieve this target. Chr. Hansen A/S is a global leader in corporate sustainability and has been recognized for its sustainability performance by the Dow Jones Sustainability Indices.