Agreement with Alabama Power means 100% of sucralose facility’s purchased electricity in McIntosh, US, will come from renewable sources and the carbon footprint of its sucralose ingredient will be reduced by more than 20%
LONDON, UNITED KINGDOM, 9 September 2024: Tate & Lyle PLC (Tate & Lyle), a world leader in ingredient solutions for healthier food and beverages, announces that it has signed an agreement with Alabama Power for the provision of renewable electricity, representing the next step towards meeting Tate & Lyle’s target of 100% of the electricity purchased for its operations coming from renewable sources by 2030.
Under the agreement, through its Renewable Energy Certificates (REC) programme, Alabama Power will provide Tate & Lyle with RECs and electricity each year to provide all the power needed for its sucralose production facility in McIntosh, Alabama. The RECs will be sourced through Alabama Power from wind farms operating in Kansas and Oklahoma, and will reduce the McIntosh facility’s Scope 2 greenhouse gas emissions to zero. It will also increase Tate & Lyle’s total purchased electricity from renewable sources globally to more than 30%, and reduce the carbon footprint of its sucralose ingredient by more than 20%.
Nick Hampton, Chief Executive, Tate & Lyle said: “Climate change is the biggest threat to the world’s long-term future and so it’s vital that companies accelerate the transition to renewable energy. We have set ourselves ambitious science-based targets to significantly reduce our carbon footprint by 2028 and this agreement with Alabama Power is another clear demonstration of our commitment to meet our targets.”
George Parten, Sucralose Plant Manager, McIntosh, Alabama, US said: “We are delighted to enhance our partnership with Alabama Power by purchasing renewable electricity. We will work together with them to help reduce the carbon footprint of our ingredient sucralose and our site, and to support the transition to cleaner energy. We are committed to minimizing our environmental impact and to helping build a more sustainable future for our business, our customers and our local community.”
This agreement is part of Tate & Lyle’s broader sustainability programme which includes initiatives to reduce energy consumption, increase the use of renewable electricity and support sustainable agriculture. Tate & Lyle’s climate targets are in line with a 1.5°C trajectory and have been approved by the Science Based Targets initiative. For more information on Tate & Lyle’s approach to climate action and its performance, visit https://www.tateandlyle.com/purpose.
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For more information, please contact:
Maxine Boersma
Snr. Manager, Corporate Global PR
Tel. +44 07502 919579
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About Tate & Lyle PLC:
Supported by our 160-year history of ingredient innovation, we partner with customers to provide consumers with healthier and tastier choices when they eat and drink. We are proud that millions of people around the world consume products containing our ingredients every day.
Through our expertise in sweetening, fortification, and texture, we develop ingredient solutions which reduce sugar, calories, and fat, add fibre and protein, and provide texture and stability in categories including beverages, dairy, bakery, snacks, soups, sauces, and dressings.
We have more than 3,300 employees working in around 58 locations in 39 countries, serving customers across 121 countries. Science, Solutions, Society is our brand promise and how we will achieve our purpose of Transforming Lives Through the Science of Food. By living our purpose, we believe we can successfully grow our business and have a positive impact on society. We live our purpose in three ways, by supporting healthy living, building thriving communities and caring for our planet.
Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. In the year to 31 March 2024, Tate & Lyle revenue from continuing operations totaled £1.65 billion. For more information, please visit www.tateandlyle.com or follow Tate & Lyle on LinkedIn, X (Twitter), Facebook or YouTube