Potential offtaker

McCormick & Co Inc/MD

www.mccormick.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

McCormick & Co Inc/MD is a global leader in the production and distribution of spices, extracts, and flavorings. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland, United States. McCormick & Co Inc/MD operates in over 160 countries and has a workforce of over 13,000 employees worldwide. The company is committed to sustainability and has taken several initiatives to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus area for McCormick & Co Inc/MD. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented several measures to achieve these targets. McCormick & Co Inc/MD has invested in energy-efficient technologies and has implemented energy-saving measures in its manufacturing facilities. The company has also optimized its supply chain to reduce emissions from transportation and logistics.

Corporate energy is another area of focus for McCormick & Co Inc/MD. The company has implemented several initiatives to reduce its energy consumption and promote renewable energy. McCormick & Co Inc/MD has invested in solar and wind energy projects and has signed power purchase agreements (PPAs) with renewable energy providers. These PPAs enable the company to purchase renewable energy at a fixed price, thereby reducing its exposure to volatile energy prices.

Corporate PPAs are an important tool for companies like McCormick & Co Inc/MD to promote renewable energy. These agreements enable companies to purchase renewable energy directly from renewable energy providers, thereby supporting the growth of the renewable energy sector. McCormick & Co Inc/MD has signed several PPAs with renewable energy providers in the United States and Europe. These agreements have enabled the company to purchase renewable energy at a competitive price, thereby reducing its carbon footprint and promoting sustainability.

Renewable energy is a key focus area for McCormick & Co Inc/MD. The company has set a target to source 100% of its electricity from renewable sources by 2025. To achieve this target, McCormick & Co Inc/MD has invested in several renewable energy projects and has signed several PPAs with renewable energy providers. The company has also implemented energy-saving measures in its manufacturing facilities and has optimized its supply chain to reduce emissions from transportation and logistics.

McCormick & Co Inc/MD has also taken several initiatives to promote sustainability in its supply chain. The company has implemented a sustainable sourcing program that ensures that its suppliers adhere to strict environmental and social standards. McCormick & Co Inc/MD works closely with its suppliers to promote sustainable practices and reduce the environmental impact of its supply chain.

In addition to its sustainability initiatives, McCormick & Co Inc/MD is also committed to promoting diversity and inclusion. The company has implemented several initiatives to promote diversity and inclusion in its workforce and has set a target to achieve gender parity in leadership positions by 2025. McCormick & Co Inc/MD has also implemented several initiatives to promote employee well-being and has been recognized as a great place to work by several organizations.

In conclusion, McCormick & Co Inc/MD is a global leader in the production and distribution of spices, extracts, and flavorings. The company is committed to sustainability and has taken several initiatives to reduce its carbon footprint and promote renewable energy. McCormick & Co Inc/MD has invested in energy-efficient technologies, has implemented energy-saving measures in its manufacturing facilities, and has signed several PPAs with renewable energy providers. The company has also implemented a sustainable sourcing program and is committed to promoting diversity and inclusion in its workforce. McCormick & Co Inc/MD is a great example of a company that is committed to sustainability and is taking concrete steps to reduce its environmental impact.

✓ Current offtaker under Corporate PPA's
✓ Science Based Targets member