- 2023 was a challenging year for the Ag & Food industry due to high production costs, drop in commodity prices, and intense El Niño.
- Harsh agricultural conditions negatively impacted some companies' financial performance.
Aqua Capital Fund II and Fund III
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
Renewable Energy
74%
of total energy
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 28.9K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced greenhouse gas (GHG) emissions by 10% year-on-year (y/y) in absolute terms.
- Almost three quarters (74%) of the electricity consumed in the portfolio is generated by 100% renewable sources.
- AgroGalaxy avoided 5.9k tCO2e of GHG emissions in 2023 through productivity initiatives.
- Ultracheese avoided 37.8k tCO2e in GHG emissions through its milk producer support program.
- Biotrop avoided 30.6m tCO2e of GHG emissions by replacing nitrogen-based fertilizers.
🌱 ESG Focus Areas
Climate change mitigationFood securityHealth and wellnessDiversity, equity, and inclusion (DEI)Corporate governance