Unilever has announced today (17 September) that it has achieved 100% renewable electricity across five continents.
The consumer goods company said that as far as possible, Unilever’s transition to renewable electricity has been delivered through supporting the development of local renewable energy markets, with 38% of its grid electricity 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.
Chief supply chain officer at Unilever, Marc Engel noted that the climate emergency is one of the most urgent challenges we’re all facing.
"Our team have worked hard to secure renewable energy contracts for our sites across five continents, accelerating the delivery of our 100% renewable energy targets," Engel said.
“Of course, 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.” he added.
Head-quartered in London, referring to the announcement the company said that Unilever’s achievement is a significant step towards its target to become a carbon neutral company before 2030.
© 2019 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click subscribe to sign up for the Checkout print edition.