Anheuser-Busch InBev commits to 100% renewable energy (CNBC)
CNBC
Brewing powerhouse Anheuser-Busch InBev (AB InBev), producer of Mexico's Corona beer, has committed to secure all of its purchased electricity from renewable sources by 2025.
The business said that its commitment would help to "shift 6 terawatt-hours of electricity annually to renewable sources in the markets where AB InBev operates." It added that its decision to go big on renewable energy would cut its operational carbon footprint by 30 percent, equivalent to taking almost 500,000 cars off the road.
AB InBev said that it expected to get 75 to 85 percent of electricity from direct power purchasing agreements, with the rest coming from technologies, including solar panels, used on site. "Climate change has profound implications for our company and for the communities where we live and work," AB InBev Chief Executive Carlos Brito said in a statement.
