Aleph Farms Unveils Roadmap For Achieving Net Zero Carbon By 2025

https://www.bloomberg.com/press-releases/2021-11-03/aleph-farms-unveils-roadmap-for-achieving-net-zero-carbon-by-2025

Aleph Farms Unveils Roadmap For Achieving Net Zero Carbon By 2025

   Key partnerships for the company, including with leading energy provider
           ENGIE, create a clear path for long term sustainability

Business Wire

REHOVOT, Israel -- November 3, 2021

Aleph Farms, the first cultivated meat company to grow steaks directly from
non-genetically engineered animal cells, today announced its detailed roadmap
for achieving net zero carbon. In April 2020, Aleph Farms first announced it
would reach net zero within its operations by 2025, and throughout its entire
supply chain by 2030. Today, Aleph Farms’ net zero carbon roadmap details its
scope for achievement, strategic partnerships and the investments necessary to
advance its environmental goals and business bottom line as the company
delivers its quality cultivated beef steaks.

“The production of food is one of the largest sources of greenhouse gas
emissions on the planet today, and a driving reason why Aleph Farms is making
long-term sustainability a top priority,” said Dr. Lee Recht, VP
sustainability at Aleph Farms. “Our roadmap represents significant research
that will enable us to fulfill our commitment to total net zero within this
decade and we strongly encourage other companies within the agrifood ecosystem
to work to eliminate their carbon footprint as soon as possible.”

Aleph Farms’ roadmap to net zero carbon was created in partnership with Aimee
Christensen, CEO of Christensen Global Strategies and a world-renowned expert
in climate change and sustainability strategies. The roadmap to reduce the
company’s carbon footprint includes optimized energy efficiency, transitioning
renewable energy, offsetting and/or insetting unavoidable remaining emissions
via reinvestment in decarbonizing Aleph Farms’ own production lines and supply
chains.

“By building a company with a net zero mindset from nearly day one, Aleph
Farms is pioneering the smart clean growth that all companies must take,”
Christensen said. “By investing in energy efficiency and direct renewable
energy supplies and similar strategies within its supply chain, Aleph Farms
will benefit their bottom line now and even more in the future as carbon is
priced around the world.”

As part of its roadmap, Aleph Farms has also signed a Memorandum of
Understanding (MoU) with ENGIE Impact, the sustainability consulting arm of
ENGIE. The two companies will work together to ensure Aleph Farms’ operations
are net-zero compatible from the get-go, integrating energy efficiency,
circularity in energy, as well as renewable energy and other strategic
investments across Aleph’s production line and supply chains.

“We are delighted to work with Aleph Farms to support their net-zero strategy
and vision to transform the meat industry,” said Nicolas Lefevre-Marton,
Managing Director, EMEAI at ENGIE Impact. “We are deeply committed to helping
bold organizations of all sizes around the world develop the right
decarbonization goals, roadmaps and execution strategies to successfully
achieve net-zero.”

In addition, Aleph Farms’ commitment to net zero carbon is being supported by
a partnership with CE Delft, to analyze the life cycle impacts of Aleph Farms’
production line and supply chain, identifying hotspots and working to optimize
the overall ecological footprint including carbon, water, waste and more. CE
Delft recently conducted a study that found cultivated meat has the potential
to reduce the carbon footprint of beef production by 92% when utilizing
renewable sources of energy.

Aleph Farms is co-hosting an event alongside Food Tank at this year’s COP26 in
Glasgow, Scotland on November 9, 2021. The panel, A New Approach to Meat, will
discuss what it takes to change the production of animal protein and improve
environmental impact while maintaining farmers' livelihoods and food security.
The company’s white paper, An Inclusive Transition to a Sustainable and
Resilient Meat Sector, highlights how transformational net zero carbon
production systems can complement sustainable agricultural practices,
supplying nutritional food to the growing population and strengthening global
food security. To learn more about Aleph Farms' path to sustainability, please
visit aleph-farms.com/sustainability.

About Aleph Farms

Aleph Farms grows beef steaks, from non-genetically engineered, non
immortalized cells isolated from a living cow, without slaughtering the animal
and with a significantly reduced impact to the environment. The company was
co-founded in 2017 by Didier Toubia, The Kitchen Hub of the Strauss Group, and
Professor Shulamit Levenberg from the Biomedical Engineering Faculty at the
Technion - Israel Institute of Technology. The company’s vision is to provide
unconditional nutrition for anyone, anytime, anywhere. For more information,
follow Aleph Farms on Instagram, Twitter, Facebook or LinkedIn or visit
www.aleph-farms.com. Access the Aleph Farms press kit here.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20211103005338/en/

Contact:

Lizi Sprague
alephfarms@songuepr.com

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