Potential offtaker

Cloetta AB

www.cloetta.com

Estimated electricity consumption

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Countries of production presence

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Cloetta AB is a leading Swedish company that operates in the snack food and confectionary sector. The company has a rich history, dating back to 1862, when it was founded in Gävle, Sweden. Since then, Cloetta has grown to become one of the largest confectionary companies in Europe, with operations in more than 50 countries.

As a company operating in the snack food and confectionary sector, Cloetta is acutely aware of the need to reduce its carbon footprint and contribute to decarbonisation efforts. To this end, the company has implemented a range of measures to reduce its environmental impact and promote sustainability.

One of the key ways in which Cloetta is working to reduce its carbon footprint is through the use of renewable energy. The company has set ambitious targets to increase its use of renewable energy, with a goal of sourcing 100% of its electricity from renewable sources by 2025. To achieve this, Cloetta is investing in a range of renewable energy technologies, including wind, solar, and hydropower.

In addition to investing in renewable energy, Cloetta is also working to reduce its energy consumption through a range of energy efficiency measures. This includes initiatives such as upgrading lighting systems, improving insulation, and investing in more energy-efficient equipment.

Another key area of focus for Cloetta is the use of corporate power purchase agreements (PPAs) to support the development of new renewable energy projects. Through these agreements, Cloetta is able to purchase renewable energy directly from developers, providing a stable revenue stream for these projects and helping to drive the growth of the renewable energy sector.

Cloetta is also working to reduce its carbon footprint through the use of sustainable materials and packaging. The company has set ambitious targets to reduce its use of plastic packaging, with a goal of achieving 100% recyclable or biodegradable packaging by 2025. To achieve this, Cloetta is investing in new packaging technologies and working closely with suppliers to develop more sustainable packaging solutions.

In addition to its environmental efforts, Cloetta is also committed to promoting social responsibility and ethical business practices. The company has a strong focus on human rights, and is committed to ensuring that all of its suppliers adhere to strict ethical standards. Cloetta also supports a range of charitable initiatives, including programs to promote education and community development in the countries where it operates.

Overall, Cloetta is a company that is committed to sustainability and environmental responsibility. Through its focus on renewable energy, energy efficiency, sustainable materials and packaging, and ethical business practices, the company is making a significant contribution to decarbonisation efforts in the snack food and confectionary sector. With its ambitious targets and ongoing commitment to sustainability, Cloetta is well positioned to continue driving positive change in the years to come.