September 3, 2024—Molokia and ELEKS are excited to announce a new partnership formed under the auspices of the COVERE² project. This collaboration combines Molokia's commitment to sustainable agriculture with ELEKS' cutting-edge data management and energy tracing expertise. The two organisations will work together to advance key sustainability, data integrity, and energy management goals.
This partnership represents a bold step toward addressing some of the most pressing challenges of our time, with a focus on core topics central to the COVERE² project.
Focus areas of the partnership
Sustainability Strategy
Policies, action plans, and targets: Molokia and ELEKS will collaborate to define comprehensive sustainability strategies, including transparent policies, actionable plans, and achievable targets. This strategic approach aims to guide investments and operations, ensuring they are aligned with environmental standards and long-term sustainability goals.
Data Management
Ensuring quality and verification of accurate data are essential to tracking progress and driving credible sustainability initiatives. The partnership will focus on implementing robust data management systems to ensure the quality and integrity of the information used to make critical decisions.
Accurate Calculation of GHG Emissions
A key priority of this collaboration is the precise calculation of greenhouse gas (GHG) emissions, focusing on meeting the European Union's Corporate Sustainability Reporting Directive (EU CSRD). This will ensure transparency and accountability in Molokia's environmental impact reporting.
Energy Focus
Power flow tracing with ELEKS DAKAR leveraging ELEKS' innovative DAKAR technology, the partnership will track the power flow of energy consumption to pinpoint exact sources and calculate GHG emissions based on actual primary data. This approach provides a more transparent, more accurate picture of environmental impact, moving beyond average estimates.
Molokia and ELEKS are embarking on an exciting journey toward sustainability and innovation with this partnership. Together, we're dedicated to making a significant impact on reducing environmental footprints and driving meaningful change in agriculture.
Yuliia Kovalchuk
Head of Strategy at Molokia