Nomad Foods Invests In Solar Energy Installation In Italian Factory
Nomad Foods, a frozen food firm, has announced its plan to implement photovoltaic panels at its manufacturing site in Cisterna di Latina, Italy.
This initiative aims to reduce the company’s CO2 emissions by approximately 1,180 tonnes annually.
The company has partnered with Grastim JV under a new power purchase agreement, which will provide 2.4MW of solar energy per year to the facility.
The Cisterna di Latina factory is responsible for producing over 80% of the local Findus product volumes.
With the installation of rooftop and ground-mounted solar panels, the site will become the first in the network to be powered by solar energy.
This project is part of the company’s broader decarbonization plans and will complement the use of existing renewable electricity at the facility.
Eduardo Bachiega, the chief supply officer at Nomad Foods, highlighted that this agreement aligns with their commitment to reduce the site’s carbon footprint in line with their SBTi commitments (Science-Based Targets initiative).
He also emphasized that the company is actively exploring additional renewable energy projects across their broader manufacturing portfolio.
In their recently published 2022 Impact Report, the company showcased their progress on key sustainability commitments in areas such as nutrition, sourcing, and operations.
Notably, the company achieved a 23.4% reduction in the absolute greenhouse gas (GHG) emissions of its legacy business in 2022, exceeding its SBTi target trajectory for absolute emissions.
Earlier in the year, Nomad Foods reported a ‘record’ annual revenue for the sixth consecutive year, with a 12.8% year-on-year growth, reaching €2.9 billion.
