Industrial, Sourcing Renewables  -  September 25, 2018

Grupo Bimbo commits to 100% RE by 2025

Grupo Bimbo, the largest baking company in the world, announced on September 25 its commitment to using 100% renewable energy for its electricity needs throughout the world by 2025. The announcement was made during New York Climate Week, where Grupo Bimbo committed to supplying clean energy in the 32 countries where it operates.

In a statement, Daniel Servitje, President and CEO of Grupo Bimbo said, "Our commitment to convert our operation to 100% renewable energy is a major step toward our purpose of building a sustainable, highly productive, and deeply humane company. Having operations in 32 countries, this is a challenge we assume with the clear conviction and responsibility to contribute to a better planet for present and future generations."

The baking company is considering a variety of methods for providing clean energy include PPAs, RECS, investing in on-site distributed generation and buying clean energy directly. Grupo Bimbo also became the first company in Mexico and Latin America to join RE100,

Jorge Zárate, vice president of global operations at Grupo Bimbo and the leader of the environmental initiative of the company, stressed, "As a global company, we are firmly committed to working every day with a high sense of environmental responsibility. This initiative is part of our strategy for renewable energy, which began in 2012 with the opening of the Piedra Larga wind farm and is consolidated with this important commitment."

Among the most recent sustainability initiatives launch by the company is “Bimbo Solar," launched in Mexico and including several systems using rooftop solar panels. In April, the company announced that by 2019 it would be 75% renewable worldwide after signing an agreement for a 100 MW wind farm in the U.S.

Read These Related Articles:

• Grupo Bimbo Secures $850M Dollars in Sustainability-Linked Bonds
• Grupo Bimbo Sets 2050 Net-Zero Value Chain Target
• Grupo Bimbo signs VPPA for U.S. operations
• Grupo Bimbo goes solar

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