Potential offtaker

Paulig Group

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Paulig Group is a Finnish company that has been in operation for over 140 years. The company was founded in 1876 by Gustav Paulig and has since grown to become a leading player in the food and beverage industry. The company's products are sold in over 30 countries around the world, and it employs over 2,000 people.

One of the key priorities for Paulig Group is decarbonisation. The company is committed to reducing its carbon footprint and has set ambitious targets to achieve this goal. In 2020, Paulig Group announced that it would become carbon neutral by 2023. This means that the company will reduce its greenhouse gas emissions to zero and offset any remaining emissions through carbon credits or other means.

To achieve this goal, Paulig Group is implementing a range of measures to reduce its carbon footprint. These include investing in renewable energy, improving energy efficiency, and reducing waste. The company is also working to promote sustainable agriculture and reduce the environmental impact of its supply chain.

One of the key ways that Paulig Group is reducing its carbon footprint is through the use of renewable energy. The company has invested in a range of renewable energy projects, including wind and solar power. In 2019, Paulig Group signed a corporate power purchase agreement (PPA) with a wind farm in Finland. Under the agreement, the company will purchase the entire output of the wind farm, which will provide around 50% of the electricity needed to power its production facilities in Finland.

The use of corporate PPAs is becoming increasingly popular among companies looking to reduce their carbon footprint. A corporate PPA is an agreement between a company and a renewable energy provider, whereby the company agrees to purchase a certain amount of renewable energy at a fixed price over a set period of time. This provides a stable and predictable source of renewable energy for the company, while also supporting the development of new renewable energy projects.

In addition to its use of renewable energy, Paulig Group is also focusing on improving energy efficiency. The company has implemented a range of measures to reduce energy consumption in its production facilities, including the use of energy-efficient lighting, heating, and cooling systems. The company is also working to reduce waste and improve the recycling of materials.

Paulig Group's commitment to decarbonisation is not only good for the environment, but it also makes good business sense. Consumers are increasingly demanding sustainable products, and companies that fail to address their environmental impact risk losing market share. By reducing its carbon footprint, Paulig Group is not only doing the right thing for the planet, but it is also positioning itself as a leader in the sustainable food and beverage industry.

In conclusion, Paulig Group is a Finnish company that is committed to decarbonisation and reducing its carbon footprint. The company is investing in renewable energy, improving energy efficiency, and reducing waste to achieve its goal of becoming carbon neutral by 2023. The use of corporate PPAs is one of the key ways that Paulig Group is reducing its carbon footprint, while also supporting the development of new renewable energy projects. By prioritising sustainability, Paulig Group is positioning itself as a leader in the sustainable food and beverage industry and is well-positioned to meet the growing demand for sustainable products.