Cargill reported on Friday investment in wind energy to supply its plants in Ilhéus and Barreiras, in Bahia, and the port terminals in Miritituba and Santarém, in Pará, according to a company statement. The energy purchase agreement (PPA, acronym in English), ten years of supply, was signed with the company Omega Energia, which invests in 100% renewable energy. “The PPA celebrated between the companies is a project to be implemented in the Northeast region, where Omega operates a broad portfolio of wind assets”, said Cargill. With this investment, the agribusiness multinational stated that it will have an estimated savings of US $ 11 million in the period and emissions of 10,547 metric tons of CO2 will be avoided annually. In a note, Cargill’s president in Brazil, Paulo Sousa, said that “external renewable energy projects, like this PPA project with Omega, represent a vital component of Cargill’s expanding energy portfolio and our efforts to reduce our emissions greenhouse gas emissions”. “To meet our climate goals, we are focused on operating more efficiently, advancing local renewable energy and reducing the environmental impact in the locations where we operate,” he added. The initiative is structured within the goal set by Cargill to reduce absolute greenhouse gas emissions in all its operations by 10% by 2025, as measured against the 2017 baseline, and in line with the Paris Agreement and the UN Sustainable Development Goals. Cargill also aims to reduce the impact of its supply chain by eliminating 30% of emissions per ton of product by 2030, according to a statement.
Source: Reuters