Orkla ASA is a Norwegian conglomerate that operates in the packaged food sector. The company is one of the largest consumer goods companies in the Nordic region, with a portfolio of well-known brands such as Grandiosa, Toro, Stabburet, and Jordan. Orkla is committed to sustainability and has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy.

Decarbonisation is a key focus for Orkla, and the company has set a target to reduce its greenhouse gas emissions by 50% by 2025, compared to 2014 levels. To achieve this goal, Orkla is implementing a range of measures across its operations, from energy efficiency improvements to the use of renewable energy sources.

Corporate energy is another area of focus for Orkla. The company is committed to reducing its energy consumption and increasing its use of renewable energy sources. Orkla has set a target to source 100% of its electricity from renewable sources by 2025, and is working to achieve this through a range of initiatives, including the installation of solar panels and the use of corporate power purchase agreements (PPAs).

Corporate PPAs are an important tool for Orkla in its efforts to increase its use of renewable energy. These agreements allow the company to purchase renewable energy directly from a generator, often at a fixed price over a long-term contract. This provides a stable and predictable source of renewable energy for Orkla, while also supporting the growth of renewable energy projects.

Orkla has already signed several corporate PPAs for wind and solar energy, including agreements with Norwegian wind farms and solar projects in Spain. These agreements have helped Orkla to increase its use of renewable energy and reduce its carbon footprint, while also supporting the growth of renewable energy projects.

Renewable energy is a key part of Orkla's sustainability strategy, and the company is investing in a range of renewable energy projects to increase its use of clean energy. Orkla has invested in wind farms and solar projects in Norway and Sweden, and is also exploring the use of other renewable energy sources, such as biogas and geothermal energy.

In addition to its focus on decarbonisation and renewable energy, Orkla is also committed to reducing waste and improving the sustainability of its packaging. The company has set a target to make all its packaging recyclable or reusable by 2025, and is working to achieve this through a range of initiatives, including the use of recycled materials and the development of new, more sustainable packaging solutions.

Orkla is also committed to promoting sustainable agriculture and responsible sourcing practices. The company works closely with its suppliers to ensure that its raw materials are sourced in a sustainable and responsible way, and is a member of several industry initiatives focused on promoting sustainable agriculture, such as the Roundtable on Sustainable Palm Oil (RSPO) and the Sustainable Agriculture Initiative Platform (SAI).

Overall, Orkla is a leading player in the packaged food sector, with a strong commitment to sustainability and a focus on decarbonisation, renewable energy, and responsible sourcing. The company's ambitious targets and initiatives demonstrate its commitment to reducing its environmental impact and promoting a more sustainable future.