Strauss Group Ltd. is an Israeli food and beverage company that was established in 1933. The company is headquartered in Petah Tikva, Israel, and operates in various countries, including Israel, North America, Europe, and Asia. Strauss Group is a publicly traded company that is listed on the Tel Aviv Stock Exchange and is a constituent of the TA-35 Index.

The company's vision is to become a leading global player in the food and beverage industry, with a focus on sustainable growth and social responsibility. One of the key areas of focus for Strauss Group is decarbonisation, which involves reducing the company's carbon footprint and transitioning to renewable energy sources.

To achieve its decarbonisation goals, Strauss Group has implemented various initiatives, including the use of renewable energy, energy efficiency measures, and the adoption of corporate power purchase agreements (PPAs). The company has set a target to reduce its greenhouse gas emissions by 30% by 2025, compared to its 2015 baseline.

One of the key initiatives that Strauss Group has undertaken to achieve its decarbonisation goals is the use of renewable energy. The company has installed solar panels on the roofs of its factories in Israel, which generate clean energy and reduce the company's reliance on fossil fuels. In addition, Strauss Group has invested in wind energy projects in Europe, which provide the company with renewable energy certificates (RECs) that can be used to offset its carbon emissions.

Another important initiative that Strauss Group has undertaken is the implementation of energy efficiency measures. The company has conducted energy audits at its factories and offices to identify areas where energy consumption can be reduced. As a result of these audits, Strauss Group has implemented various measures, such as the installation of LED lighting and the optimization of production processes, which have led to significant energy savings.

Corporate power purchase agreements (PPAs) are another important tool that Strauss Group has used to achieve its decarbonisation goals. A corporate PPA is a long-term contract between a company and a renewable energy supplier, which guarantees the supply of renewable energy at a fixed price. By entering into a corporate PPA, Strauss Group is able to secure a reliable and cost-effective source of renewable energy, while also reducing its carbon footprint.

In 2020, Strauss Group signed a corporate PPA with a solar energy supplier in Israel, which will provide the company with 22 GWh of renewable energy per year. This represents approximately 20% of the company's total electricity consumption in Israel and is expected to reduce its carbon emissions by 8,000 tons per year.

In addition to its decarbonisation initiatives, Strauss Group is also committed to promoting sustainable practices throughout its supply chain. The company works closely with its suppliers to ensure that they meet high environmental and social standards, and has implemented various programs to promote sustainable agriculture and reduce food waste.

Overall, Strauss Group is a leading player in the Israeli food and beverage industry that is committed to sustainable growth and social responsibility. The company's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy is a testament to its commitment to reducing its environmental impact and promoting a more sustainable future. Through its various initiatives and partnerships, Strauss Group is well-positioned to achieve its decarbonisation goals and become a leader in the global food and beverage industry.