Potential offtaker

Ingredion Incorporated

www.ingredion.com

Estimated electricity consumption

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Countries of production presence

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Ingredion Incorporated is a global ingredient solutions company that operates in the Wet Corn Milling sector. The company is headquartered in Westchester, Illinois, United States of America, and has operations in more than 60 countries worldwide. Ingredion specializes in providing innovative ingredient solutions to various industries such as food, beverage, brewing, pharmaceuticals, and personal care. The company's mission is to make life better by creating sustainable ingredient solutions that improve the quality of life for people around the world.

Decarbonisation is a key focus area for Ingredion, and the company is committed to reducing its carbon footprint and contributing to a more sustainable future. The company has set ambitious decarbonisation targets, including reducing its Scope 1 and 2 greenhouse gas emissions by 50% by 2030, and achieving net-zero emissions by 2050. Ingredion is also committed to reducing its Scope 3 emissions by working with its suppliers and customers to reduce their emissions.

Corporate energy is another area of focus for Ingredion, and the company is committed to reducing its energy consumption and increasing its use of renewable energy. Ingredion has set a target to reduce its energy intensity by 20% by 2030 and has implemented various energy efficiency measures across its operations. The company has also invested in renewable energy projects, including wind and solar, and has signed corporate power purchase agreements (PPAs) to support the development of new renewable energy projects.

Corporate PPAs are an important tool for Ingredion to support the development of new renewable energy projects and reduce its carbon footprint. The company has signed several corporate PPAs to support the development of wind and solar projects in the United States and Mexico. These projects will provide Ingredion with a reliable and cost-effective source of renewable energy and will help the company achieve its decarbonisation targets.

Renewable energy is a key focus area for Ingredion, and the company is committed to increasing its use of renewable energy across its operations. In addition to investing in renewable energy projects and signing corporate PPAs, Ingredion has implemented various renewable energy technologies across its operations. For example, the company has installed solar panels at several of its facilities, which provide a source of renewable energy and help reduce the company's reliance on grid electricity.

In conclusion, Ingredion Incorporated is a global ingredient solutions company that operates in the Wet Corn Milling sector. The company is committed to decarbonisation, corporate energy, corporate PPAs, and renewable energy, and has set ambitious targets to reduce its carbon footprint and contribute to a more sustainable future. Ingredion's focus on sustainability is not only good for the environment but also good for business, as it helps the company reduce its costs, increase its efficiency, and enhance its reputation. As the world continues to transition to a low-carbon economy, companies like Ingredion will play a critical role in driving the transition and creating a more sustainable future for all.