Wide Open Agriculture Ltd (WOA) is a company focused on commercialising lupin kernel fibre, with an indicative pathway for its commercialisation. The Company’s near-term focus is to advance its ingredient in step with its capital-light manufacturing strategy, so that the ingredient is commercial ready at the point WOA secures a contract manufacturing partner.
The Core ESG Action
WOA has made several commitments to reduce its environmental impact and promote sustainability. The Company aims to reduce Scope 1 emissions by 12% in 2026, maintain zero Low Toxicity Impacts (LTIs) over 12 months, and establish a board sustainability compliance committee.
ESG Themes and Impacts
The development of lupin kernel fibre is being driven by several key themes. Firstly, there is a widening fibre gap in Australia, with fewer than one in five adults consuming enough dietary fibre. This has led to an increase in the demand for fibre-forward products, which are expected to become more diverse and better-tolerated.
Secondly, research into fibre science is becoming more sophisticated, moving beyond traditional classifications towards a more nuanced understanding of fibre functionality, including fermentability, diversity, and impact on beneficial nutrition outcomes.
Governance and Regulatory Alignment
The Company’s governance framework is being aligned with regulatory requirements. WOA has authorised and approved this announcement per the Company’s published continuous disclosure policy.
Forward Commitments
WOA is committed to securing a suitable contract manufacturing partner as outlined in its ASX announcement 2 July 2026. The sequencing of work allows the Company to convert validation into commercial readiness without committing capital ahead of demand, positioning WOA to move quickly to first sales once manufacturing capacity is secured.