Neorion Agro
Revolutionizing agriculture with agrovoltaic solutions and renewable energy.Neorion Agro harnesses the power of agrovoltaic systems to merge agriculture and renewable energy seamlessly. By utilizing solar panels installed above farmland, Neorion Agro optimizes land use, enabling farmers to generate clean energy while cultivating crops, reducing costs, and ensuring sustainability.
Agrovoltaic Systems: Dual Benefits
Agrovoltaic systems offer a groundbreaking approach to modern farming. Solar panels installed above crops provide shade that reduces heat stress, improves soil moisture retention, and enhances photosynthesis in certain plant species. Simultaneously, the panels generate renewable energy, powering irrigation, cold storage, and other farm operations.
Key Metric: Agrovoltaic systems have increased crop yields by 20-40% while producing an average of 3.5 MW of clean energy per farm annually.
Smart Irrigation Powered by Agrovoltaics
Neorion Agro integrates solar-powered irrigation systems into its agrovoltaic solutions, ensuring efficient water usage and reducing dependence on unreliable energy sources. These systems enable farmers to cultivate larger areas and achieve higher productivity.
Key Metric: Over 600,000 acres are irrigated using Neorion Agro’s agrovoltaic-powered systems, saving up to 30% of water usage compared to traditional methods.
Energy for Post-Harvest and Processing Needs
Neorion Agro’s renewable energy systems also address critical post-harvest challenges. Solar-powered cold storage units and processing facilities preserve crop quality, reduce spoilage, and add value to agricultural products.
Key Metric: Farmers using Neorion Agro’s systems report a 50% reduction in post-harvest losses and a 25% increase in product market value.
Empowering Sustainable Agriculture
By providing affordable access to agrovoltaic systems and renewable energy, Neorion Agro empowers smallholder farmers to adopt sustainable practices, increase their incomes, and contribute to global food security and climate goals.
Key Metric: Neorion Agro has positively impacted over 150,000 smallholder farmers, with average income growth of 35%.
Environmental and Economic Benefits
Agrovoltaic systems reduce dependency on fossil fuels, enhance carbon sequestration, and optimize land use. These efforts contribute to sustainable agriculture and support global climate initiatives.
Key Metric: Neorion Agro's solutions help reduce carbon emissions by 350,000 tons annually and improve land productivity by 60%.
Neorion Agro’s agrovoltaic systems redefine farming by harmonizing energy production and agriculture. By empowering farmers with innovative renewable energy solutions, Neorion Agro is leading the transformation of agriculture into a resilient, efficient, and environmentally conscious sector.
Ratings
As of 01.01.2024.Sustainalytics: 17.2 LOW RISK
The ESG Risk Ratings by Morningstar Sustainalytics provide a detailed evaluation of a company’s exposure to critical industry-specific ESG risks and its ability to manage and address these risks effectively. In 2023, Neorion was awarded an ESG Risk Rating of 17.2, categorizing the company as Low Risk. This score reflects Neorion's capability to mitigate material financial impacts stemming from ESG factors, underscoring its commitment to sustainable excellence.
MSCI: AA LEADERS
MSCI (Morgan Stanley Capital International) ESG Ratings analyze companies worldwide, focusing on their management of ESG risks and opportunities. Companies are assigned ratings ranging from AAA (leaders) to CCC (laggards), based on their performance across critical ESG dimensions. Neorion Synergy has been proudly rated AA, reinforcing its position as an industry leader in sustainable practices and responsible energy innovation.
MAALA: A PLATINUM
The Maala ESG index evaluates the corporate responsibility performance of companies, emphasizing governance, societal impact, and environmental sustainability. Neorion has achieved the prestigious PLATINUM rating in the category of Renewable Energy, Infrastructure Management, and Transportation, attaining the highest cumulative score in this category. Additionally, Neorion holds an A rating among public companies, further solidifying its leadership in corporate responsibility.
ENTROPY: IMPROVER
The Entropy model assesses corporate responsibility and non-financial risks based on quantitative and qualitative principles tailored to global and regional regulations. Neorion Synergy has earned the distinguished IMPROVER rating, reflecting its esteemed standing in corporate responsibility and its ongoing efforts to elevate sustainable business practices within the energy sector.
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