On Monday (March 27), the world’s largest brewer—with more than 500 brands across 50 countries—among them, Anheuser-Busch and Budweiser—InBev, announced that by 2025 it would get all of its power from renewable energy. That means the company will transition 6 terawatt-hours of electricity—enough to power 400 soccer fields—from dirty energy sources to clean ones, with 15 percent to 25 percent coming from onsite facilities and the rest through power purchase agreements.
With its transition to renewable energy AB InBev will become the largest direct purchaser of renewable electricity in the global consumer goods sector. The company said it will reduce the company’s operational carbon footprint by 30 percent.
“Climate change has profound implications for our company and for the communities where we live and work,” said AB InBev CEO Carlos Brito. “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.”
The company said its efforts can transform energy industries in countries where it operates like Argentina, Brazil and India, and in its African markets. It also will help with international efforts to achieve climate targets under the 2015 Paris Climate Conference (COP21). The company also announced that it joined the Sierra Club’s RE 100.
“Whether you’re brewing beer or making cars, embracing clean and renewable energy is the smart thing to do. That’s why Anheuser-Busch joins a growing coalition of nearly 90 companies and 25 US cities that have committed to go all-in on clean, renewable energy,” said Jodie Van Horn, director of the Sierra Club’s Ready for 100 campaign. “As the Trump Administration attempts to unravel protections designed to save billions of dollars and thousands of lives, businesses, cities, and states throughout the US and across the world will continue to step-up to lead the transition to clean, renewable energy,”
The company also announced its first agreement under the new directive, a power-purchase agreement it signed with Iberdrola for 490 gigawatt-hours per year in Mexico. The power will come from a 220 megawatt wind farm to power AB InBev’s largest brewery in Zacatecas, Mexico.Tweet