NWF GROUP PLC
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NWF Group PLC is a leading agricultural and distribution business headquartered in the United Kingdom. The company operates in three segments: feeds, food, and fuels. NWF Group PLC is a publicly traded company listed on the London Stock Exchange and has a market capitalization of over £200 million. The company has a strong presence in the petroleum marketing sector and is committed to decarbonisation and the transition to renewable energy.
NWF Fuels is the petroleum marketing division of NWF Group PLC. The company supplies fuel to commercial, agricultural, and domestic customers across the UK. NWF Fuels operates a fleet of over 100 tankers and has a network of depots strategically located throughout the country. The company is committed to reducing its carbon footprint and is actively exploring ways to decarbonise its operations.
One of the ways NWF Fuels is working towards decarbonisation is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a renewable energy generator and a corporate buyer. The buyer agrees to purchase a certain amount of renewable energy from the generator at a fixed price over a specified period. Corporate PPAs are an effective way for companies to reduce their carbon footprint and support the transition to renewable energy.
NWF Group PLC has entered into a number of corporate PPAs with renewable energy generators. In 2020, the company signed a 15-year PPA with a wind farm in Scotland. Under the agreement, NWF Group PLC will purchase 100% of the electricity generated by the wind farm. The PPA will help the company reduce its carbon footprint and support the development of renewable energy in the UK.
In addition to corporate PPAs, NWF Group PLC is also investing in renewable energy projects. The company has installed solar panels at its feed mill in Cheshire, which will generate over 200,000 kWh of electricity per year. The solar panels will help the company reduce its reliance on grid electricity and support the transition to renewable energy.
NWF Group PLC is also committed to reducing its energy consumption through corporate energy management. The company has implemented a number of energy-saving measures across its operations, including the installation of LED lighting and the use of energy-efficient equipment. These measures have helped the company reduce its energy consumption and carbon footprint.
NWF Group PLC is also working with its suppliers and customers to promote sustainability and reduce the environmental impact of its operations. The company has implemented a supplier code of conduct that includes environmental criteria, and it works with its customers to promote sustainable practices.
In conclusion, NWF Group PLC is a leading agricultural and distribution business in the UK that is committed to decarbonisation and the transition to renewable energy. The company's petroleum marketing division, NWF Fuels, is exploring ways to reduce its carbon footprint, including through the use of corporate PPAs and renewable energy projects. The company is also implementing energy-saving measures and working with its suppliers and customers to promote sustainability. NWF Group PLC is a leader in the transition to a low-carbon economy and is committed to creating a sustainable future for all.