In a recent announcement, the renowned brewing company Anheuser-Busch InBev said that it will purchase electricity entirely from renewable energy sources by 2025.
The company stated that this commitment would help them shift six terawatt-hours of electricity per year to renewable sources in markets where they are operating. This would reduce their operational carbon footprint by 30%.
Specifically, AB InBev expects to buy 75% to 85% of power through direct power purchasing agreements, with the rest sourced from onsite clean energy technologies, such as solar panels. The company’s CEO Carlos Brito said:
“Climate change has profound implications for our company and for the communities where we live and work. Cutting back on fossil fuels is good for the environment and good for business, and we are committed to helping drive positive change. We have the opportunity to play a leading role in the battle against climate change by purchasing energy in a more sustainable way.”
Moreover, the company announced that it had joined RE100, an initiative of the world’s biggest businesses that are committed to renewable energy. RE100 head Sam Kimmins said: