Potential offtaker

Kernel Holding SA

www.kernel.ua

Estimated electricity consumption

N/A

Countries of production presence

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KERNEL is a leading Ukrainian agribusiness company that operates in the Grain & Field Bean Wholesalers sector. The company was founded in 1994 and has since grown to become one of the largest grain producers and exporters in Ukraine. KERNEL has a strong focus on sustainability and has made significant efforts to reduce its carbon footprint through decarbonisation and the use of renewable energy sources.

Decarbonisation is a key priority for KERNEL, and the company has set ambitious targets to reduce its greenhouse gas emissions. In 2019, KERNEL became a signatory to the United Nations Global Compact, committing to reducing its carbon emissions by 30% by 2030. To achieve this goal, the company has implemented a range of initiatives, including the use of renewable energy sources, energy efficiency measures, and the adoption of sustainable farming practices.

One of the ways KERNEL is reducing its carbon footprint is through the use of corporate power purchase agreements (PPAs) for renewable energy. In 2020, the company signed a PPA with a local wind farm, which will provide KERNEL with 100% renewable energy for its operations. The PPA will also help the wind farm to secure financing for the construction of new wind turbines, further contributing to the decarbonisation of Ukraine's energy sector.

In addition to its use of renewable energy, KERNEL is also focused on improving the efficiency of its energy use through corporate energy management. The company has implemented a range of energy-saving measures, including the installation of energy-efficient lighting and heating systems, as well as the use of energy-efficient equipment in its production facilities. These measures have helped KERNEL to reduce its energy consumption and costs, while also contributing to its decarbonisation goals.

KERNEL's commitment to sustainability extends beyond its own operations, and the company is actively working to promote sustainable farming practices among its suppliers and partners. The company has implemented a range of initiatives to support sustainable agriculture, including the use of precision farming techniques, the promotion of crop rotation and soil conservation practices, and the adoption of sustainable land management practices. These initiatives not only help to reduce the environmental impact of KERNEL's supply chain but also contribute to the long-term sustainability of Ukraine's agricultural sector.

In conclusion, KERNEL is a leading Ukrainian agribusiness company that is committed to sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and is implementing a range of initiatives, including the use of renewable energy, energy efficiency measures, and sustainable farming practices. KERNEL's focus on sustainability extends beyond its own operations and the company is actively working to promote sustainable agriculture among its suppliers and partners. As Ukraine's agricultural sector continues to grow, KERNEL's commitment to sustainability will be an important factor in ensuring the long-term viability and success of the sector.

✓ Declared Net Zero commitment