Page 5 - Viterra Vibe_March 2024 (Final)
P. 5

Sustainability spotlights

       BECANCOUR DECARBONIZATION INITIATIVE: REBOILER ECONOMIZER INSTALLATION
       In January 2024, we completed the     gas savings.
       installation of a reboiler economizer at   Becancour is already seeing a dramatic
       Becancour. The project was implemented   change in the temperature of wastewater
       in the extraction building where the   since implementation. Our estimated
       system captures condensation and      natural gas savings are over 200,000
       reuses the energy. The installation   cubic meters per year. This is equivalent
       also allows for better control over the   to over 800 tonnes of GHG emissions. The
       temperature with the increased efficiency   cost savings from the reduced natural gas
       from the economizer. As a result we were   use and utilization of provincial grants will
       able to reduce the temperature in the   allow Becancour to recover the cost of the  Boiler and reboiler economizer in the
       reboiler which will result in further natural   project in approximately two years.  extraction building at Becancour.

       REGINA OFFICE INITIATIVE: BOILER HYDRONIC SYSTEM ADDITIVES
       In 2023 we worked with Schneider      We were also able to receive a rebate   payback for this initiative is approximately
       Electric and WSP to conduct an energy   from SaskEnergy for the inclusion of   one year.
       audit of the Regina Office. Through this   the EndoTherm treatment. With the cost   The image below highlights how the
       assessment, a number of sustainability   savings from the reduced natural gas   EndoTherm treatment works.
       measures were identified. Operations   use and the rebate from SaskEnergy, the
       and Building Services are working on the
       implementation of the measures that will
       result in short payback periods through
       identified cost savings.
       In October 2023, one of the measures
       implemented was the addition of 20
       gallons of EndoTherm to the boiler system.
       EndoTherm reduces the surface tension
       of the boiler water which increases the
       rate of heat transfer. The treatment
       reduces the amount of energy required
       to achieve room temperature in the
       building. EndoTherm is non-corrosive and
       is composed of 100% organic material.

         Viterra x Bunge integration update

         As we continue our integration planning   Integration Team is finalizing organizational   Email Transition: All Viterra email domains
         to combine our two companies, below is   structures and operational modifications   will change to @bunge.com 45 days
         an update on what we’re working on to   to facilitate a smooth transition to the new   post-LD1, with access to the combined
         ensure a smooth transition on day one.  Bunge framework after closing.   company’s email directory and calendars
         Day 1 Readiness: Completion of Day 1   Regional Coordination: Regional Integration  provided on LD1.
         integration plans, including identifying   Leads have been appointed to align planning  Brand Identity: A refreshed brand identity
         interdependencies among global      efforts with global functions and local needs,  for Bunge, including core values, will be
         functions, is pivotal for operational   ensuring tailored strategies for each region.   introduced on LD1, laying the foundation
         success on Legal Day 1 (LD1). These plans   The table below lists these regional leads.  for our combined culture.
         are actively being refined by all integration  Key decisions             Operational Continuity: No changes to
         workstreams.                        Branding: Viterra will transition to the Bunge  systems, transactional processes, legal
         Organizational Design: A high-level   brand beginning on LD1, with a phased   entities, or employee conditions will occur
         operating model for the new organization   approach to rebranding our digital and   on LD1, ensuring stability for customers
         has been drafted. Our Commercial    physical presence.                   and colleagues.
           US & Mexico  Canada       Argentina    Brazil       Europe       MENA          SE Asia      ANZ

           Rayner       Kyle Jeworski  Vladimir   Rossano      Nick Williams  Reinier van   Joanna Lim  Phil Hughes
           Freyberg                  Barisic      Junior                    Hanswijck
                                                                                          Mohit Pubrey
                                                                            Farid
                                                                            Christensen


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