As the food and beverage (F&B) industry grows, so too does its energy demands. And with all eyes now firmly fixed on ESG, F&B manufacturers need to take proactive steps to minimise their impact on the planet. Fortunately, there are a number of areas where F&B manufacturers can focus to save money, reduce their carbon emissions and be seen as businesses that take their ESG obligations seriously.
Food production and energy consumption are intrinsically linked, both in traditional agriculture and agritech. The entire supply chain depends on having access to reliable and low-carbon sources of energy.
F&B businesses are working to make the food supply chain more sustainable by embracing technology in areas such as precision agriculture, vertical farming, cultured/plant-based meat, automation and many other innovations, but are they missing the mark on whether the goals they set are significantly reducing global emissions?
A new whitepaper published by Enel X, energy transformation leader, titled; “Sustainable energy strategies for food and beverage manufacturers” highlights that only half of the top 100 global F&B companies have measured, disclosed and set goals for their scope 3 emissions (which on average account for 88% of a company’s emissions across the entire value chain).
The white paper analyses the complex task of accurately measuring and reporting emissions in F&B businesses that operate globally within extensive supply chains and discusses the cultural resistance to sharing energy data that organisations have to overcome.
It explains how DSR (Demand Side Response) schemes can create new revenue streams, with participating F&B businesses being paid to free up grid capacity when it is needed most (for instance by switching to their own backup generation and storage, or by curtailing equipment to reduce external load at peak periods).
Underpinned with business snapshots (case studies) outlining some of the benefits F&B manufacturers are affording right now, the white paper explains why an effective strategy must include optimising energy use, planning and implementing a procurement strategy, and exploring ways to co-operate with energy companies and grid operators, to be successful.
Discover:
- If DSR is an unknown revenue stream that you could benefit from
- The host of equipment that F&B businesses have right across the value chain, which can be utilised in a Virtual Power Plant
- The value of energy asset flexibility
- Why Battery Energy Storage Systems are becoming pivotal in F&B
From emissions reporting to virtual power plants, this white paper considers key energy-related business drivers and highlights the initiatives that F&B businesses are taking to address them.
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