Unilever achieves 100% renewable electricity across five continents

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.

This announcement coincides with Unilever taking to the stage at the opening ceremony of Climate Week NYC and participating in the United Nations Secretary General's Climate Action Summit, where it joins leaders from government and business in advocating for the importance of limiting global average temperature rise to 1.5°C – in line with the Paris Agreement.

Unilever's achievement is a significant step towards its target to become a carbon neutral company before 2030.

Marc Engel, Chief Supply Chain Officer at Unilever, said, "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.

"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°C. Renewable is doable."

Read the article online at: https://www.energyglobal.com/special-reports/20092019/unilever-achieves-100-renewable-electricity-across-five-continents/