€50 million investment made by Irish Distillers for Midleton Distillery’s carbon neutral plan

€50 million investment made by Irish Distillers for Midleton Distillery’s carbon neutral plan

The ambitious 4-year strategy will eliminate scope 1 and scope 2 carbon emissions

News | 16 Jun 2022

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Irish Distillers has announced today that it will invest €50million toward Midleton Distillery to deliver its carbon neutral plan by the end of 2026.

The ambitious 4-year strategy will eliminate scope 1 and scope 2 carbon emissions by the end of 2026, with the execution of a roadmap comprising of several different projects integral to its success, as well as entirely phasing out fossil fuels which have been used previously to power its operation.

The first steps that Irish Distillers will be taking is the investment in highly efficient boilers, which will require less fuel to operate.

Extensive research has been carried about by Irish Distillers in partnership with MaREI, the SFI Research Centre for Energy, Climate and Marine, hosted by University College Cork, to determine to biomethane potential of the products of distillation and design required. They have also completed a mapping exercise of its entire carbon footprint.

Irish Distillers chairman Conor McQuaid: “Today is a hugely significant day for Irish Distillers as we announce our ambition for Midleton Distillery to become the first and largest carbon neutral distillery in Ireland by 2026. This announcement is reflective of our commitment and ambition to reduce our environmental impact. We understand that our long-term future depends on reducing our reliance on fossil fuels. This plan was many years in the making, and we understand that there are many more years ahead to reach our goal. However, we are confident that by making this bold and brave move into the future, we will leave fossil fuels behind for good. Through the delivery of this plan, we hope to play our part in supporting Ireland’s decarbonising strategy while also aligning with Pernod Ricard’s commitment to follow a Net Zero trajectory by 2050.”

Ireland's Deputy Prime Minister Leo Varadkar continued: “Congratulations to the entire Irish Distillers team for blazing a trail, investing an incredible €50m to become Ireland’s first carbon neutral distillery by 2026. We need to take better care of our planet. Enterprise has a role to play, not just in reducing emissions that come directly from their operations, but by innovating and creating new products and ways of doing things that will help us make the changes that are needed. Companies, like Irish Distillers, who are committing to such bold and transformational change, will lead the way for many other similar businesses and I commend the team for their ambition and commitment.”
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