Unilever achieves 100% renewable electricity use target across five continents1 min read . Updated: 16 Sep 2019, 04:40 PM IST
- Unilever said it has achieved 100% renewable electricity usage at its offices, factories across 5 continents in line with its target to become a carbon neutral firm by 2030
- The firm said 38% of grid electricity was supplied through corporate Power Purchase Agreements and green electricity tariffs
Mumbai: Global consumer goods firm Unilever on Monday said it has achieved 100% renewable electricity usage at its offices, factories and other facilities across five continents in line with its target to become a carbon neutral company by 2030.
The company said 38% of grid electricity was supplied through corporate Power Purchase Agreements (PPAs) and green electricity tariffs. “Where it has not been feasible to do this, Unilever has purchased Renewable Energy Certificates (RECs) – openly-traded certificates linked to renewable electricity generation," Unilever said in a statement.
The British-Dutch firm, which makes items ranging from soaps to other home care products, said the achievement was a significant step towards its target to become a carbon neutral company before 2030. “Unilever has worked with partners around the world to generate renewable electricity at its own sites, with solar power in use at Unilever facilities in 18 countries," it added.
According to Marc Engel, chief supply chain officer, Unilever, climate emergency is one of the most urgent challenges and the company has worked hard to accelerate the delivery of 100% renewable energy targets. “There is more work to do, but we hope that today’s announcement will inspire further action elsewhere and help to prove that it is possible to combat the climate crisis and hold global warming at 1.5 Degrees Celsius. Renewable is doable," Engel said in the statement.