_________________________________________________________________________________________________________________________
With around 85 percent of its energy being renewable , Magdalena is dedicated to minimizing its impact on the environment . Still , the company acknowledges the irreplaceable benefits offered by traditional energy generation sources like coal . “ Since we need to be available for the grid all year long , we use coal to complement bagasse in energy generation , as our bagasse boilers can burn coal , and it would be difficult to find an alternative material that can be used in the boilers . While we still rely on coal , we also focus on better agriculture practices , such as carbon sequestering , reclaiming mangroves , and planting trees in other regions , in line with our commitment to being carbon negative by 2030 . For the last four years , we have been increasing the levels of fungi and bacteria in our soils and taking measurements to collect useful data . Typically , when the World Bank calculates our carbon balance , it measures the cane from the soil up . However , we are proving that a significant amount of carbon is also being sequestered in the soil itself , as sugars produced by sugarcane are transferred as exudates to the roots , feeding fungi and bacteria .
96