Agronomics Limited Announces SuperMeat Update

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SuperMeat's LCA reveals a 47% decrease in carbon footprint compared to conventional chicken production. The analysis by CE Delft highlights significant reductions in environmental impact, showcasing SuperMeat's commitment to sustainability and efficiency in meat production.

SuperMeat's LCA Highlights a 47% Decrease in Carbon Footprint in Comparison to Conventional Chicken Production

DOUGLAS, ISLE OF MAN / ACCESSWIRE / March 21, 2024 / Agronomics Limited ("Agronomics" or the "Company") (OTC Pink:AGNMF)(LSE:ANIC), a leading listed company focused on the field of cellular agriculture, is pleased to announce that its portfolio company SuperMeat The Essence of Meat Ltd ("SuperMeat"), focused on the production of high-quality cultivated chicken, has announced the conclusions from a Life Cycle Assessment ("LCA"), projecting a carbon footprint 47% lower when compared to conventional chicken.

SuperMeat's LCA was conducted by CE Delft, an independent sustainability research and consultancy firm, to evaluate the anticipated environmental impact of large-scale production of SuperMeat's cultivated chicken, offering a glimpse into the future of sustainable meat production.

Assuming the integration of renewable energy sources and sustainable production processes for both cultivated and conventional methods, SuperMeat's cultivated chicken is projected to achieve a 47% lower carbon footprint, an 85% lessening in terrestrial acidification and a 90% cutback in land use compared to conventional chicken farming. The analysis also showed that even with reliance on standard grid electricity, SuperMeat's chicken could achieve a 27% reduction in the carbon footprint compared to conventional production.

Ido Savir, SuperMeat's CEO said:

"Efficiency in meat production is no longer a goal; it's a necessity. Our pilot plant is the proving ground for SuperMeat's vision of efficiency and sustainability. Through continuous production, we've showcased the potential to dramatically increase yields while reducing our environmental footprint, a testament to our dedication to advancing meat production."

Jim Mellon, Agronomics Executive Chairman commented:

"SuperMeat's Life Cycle Assessment sets an industry standard for the sustainable production of cultivated chicken. Chicken is already one of the most sustainable animal proteins which gives us confidence that the LCA metrics for pork and beef will be even more favourable. These results validate the place of cultivated meat as an imperative in the sustainable food production systems we seek to build."

For the full LCA findings, visit SuperMeat's website.

About SuperMeat

SuperMeat stands at the forefront of the cultivated meat sector, championing the move towards sustainable, nutritious, and animal-friendly meat production. The company has established a pivotal continuous process, setting a new standard in the production of cultivated meat. SuperMeat has formed strategic partnerships with leading food companies, underscoring its commitment to working together to create a better food system.

About Agronomics

Agronomics is a leading listed company focussing on investment opportunities within the field of cellular agriculture. The Company has established a portfolio of over 20 companies in this rapidly advancing sector. It seeks to invest in companies owning technologies with defensible intellectual property that offer new ways of producing food and ingredients with a focus on products historically derived from animals. These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability and address human health, food security, and animal welfare. A full list of Agronomics' portfolio companies is available at https://agronomics.im/.

For further information, please contact :-

Agronomics Limited	Beaumont Cornish Limited	Canaccord Genuity Limited	Cavendish Capital Markets Limited	Peterhouse Capital Limited	SEC Newgate
The Company	Nomad	Joint Broker	Joint Broker	Joint Broker	Public Relations
Jim Mellon Denham Eke	Roland Cornish James Biddle	Andrew Potts Harry Pardoe Alex Aylen	Giles Balleny Michael Johnson Charlie Combe	Lucy Williams Charles Goodfellow	Bob Huxford Anthony Hughes
+44 (0) 1624 639396 info@agronomics.im	+44 (0) 207 628 3396	+44 (0) 207 523 8000	+44 (0) 207 397 8900	+44 (0) 207 469 0936	agronomics@secnewgate.co.uk

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SOURCE: Agronomics Limited

View the original press release on accesswire.com

FAQ

What is the key highlight of SuperMeat's Life Cycle Assessment?

SuperMeat's LCA shows a 47% lower carbon footprint compared to conventional chicken production.

Who conducted the Life Cycle Assessment for SuperMeat?

The LCA was conducted by CE Delft, an independent sustainability research and consultancy firm.

What are the projected reductions in environmental impact for SuperMeat's cultivated chicken?

The analysis projects an 85% reduction in terrestrial acidification and a 90% decrease in land use compared to conventional chicken farming.

What percentage reduction in carbon footprint can SuperMeat achieve with reliance on standard grid electricity?

SuperMeat's chicken could achieve a 27% reduction in carbon footprint compared to conventional production even with standard grid electricity.

Who is the CEO of SuperMeat and what is their statement regarding the LCA results?

Ido Savir is the CEO of SuperMeat. He emphasized the importance of efficiency and sustainability in meat production, showcasing the potential for increased yields and reduced environmental footprint.

What is Jim Mellon's role at Agronomics and what is his comment on SuperMeat's LCA?

Jim Mellon is the Executive Chairman of Agronomics. He praised SuperMeat's LCA as setting an industry standard for sustainable cultivated chicken production, highlighting the importance of cultivated meat in building sustainable food production systems.