Conagra Brands, Inc. is a leading American food company that operates in the Perishable Prepared Food sector. The company is headquartered in Chicago, Illinois and has a global presence with operations in North America, South America, and Asia-Pacific. Conagra Brands, Inc. is committed to sustainability and has taken significant steps towards decarbonisation and the use of renewable energy sources.

Corporate Energy

Conagra Brands, Inc. has made significant investments in corporate energy management to reduce its carbon footprint and promote sustainability. The company has implemented energy-efficient technologies, such as LED lighting and high-efficiency equipment, in its facilities to reduce energy consumption. Additionally, Conagra Brands, Inc. has implemented energy management systems to monitor and control energy usage in its facilities.

The company has also established energy reduction goals to reduce its greenhouse gas emissions. Conagra Brands, Inc. has set a target to reduce its greenhouse gas emissions by 30% by 2030, compared to its 2015 baseline. The company has also committed to reducing its energy intensity by 20% by 2025, compared to its 2016 baseline.

Corporate PPA

Conagra Brands, Inc. has also taken significant steps towards decarbonisation through the use of corporate power purchase agreements (PPAs). The company has signed a 15-year virtual power purchase agreement (VPPA) with a wind farm in Nebraska. The agreement will provide Conagra Brands, Inc. with 100 megawatts of wind power annually, which is equivalent to approximately 50% of the electricity used in the company's North American operations.

The VPPA will enable Conagra Brands, Inc. to reduce its greenhouse gas emissions by approximately 270,000 metric tons of carbon dioxide equivalent (CO2e) annually. This is equivalent to removing approximately 58,000 cars from the road each year. The VPPA will also provide Conagra Brands, Inc. with price stability and long-term energy cost savings.

Renewable Energy

Conagra Brands, Inc. has also invested in renewable energy to reduce its carbon footprint and promote sustainability. The company has installed solar panels at its facilities in California and Wisconsin, which generate approximately 2,000 megawatt-hours of electricity annually. This is equivalent to the electricity used by approximately 200 homes each year.

Conagra Brands, Inc. has also implemented a renewable energy credit (REC) program to support the development of renewable energy projects. The company purchases RECs from wind and solar projects to offset its greenhouse gas emissions. In 2019, Conagra Brands, Inc. purchased approximately 1.2 million RECs, which is equivalent to the electricity used by approximately 120,000 homes each year.

Conclusion

Conagra Brands, Inc. is a leading American food company that operates in the Perishable Prepared Food sector. The company is committed to sustainability and has taken significant steps towards decarbonisation and the use of renewable energy sources. Conagra Brands, Inc. has implemented energy-efficient technologies, established energy reduction goals, and signed a virtual power purchase agreement to reduce its greenhouse gas emissions. The company has also invested in renewable energy, including the installation of solar panels and the implementation of a renewable energy credit program. Conagra Brands, Inc. is a leader in corporate sustainability and is committed to promoting a more sustainable future for all.