GHG Emissions, Commercial, Sourcing Renewables - October 31, 2024
Bacardi, Carlsberg Join Group to Boost RE Adoption
Bacardi, Carlsberg and eight other beverage companies joined a new industry-wide consortium called REfresh Alliance, which is designed to help accelerate renewable energy adoption.
The companies welcome others in the beverage industry to pool and scale their resources to remove barriers to renewable energy adoption in the supply chain and support the industry’s transition to net zero, according to a statement.
The companies that are currently part of the REfresh Alliance include:
• Bacardi
• Carlsberg
• Constellation Brands
• Diageo
• Heineken
• Molson Coors Beverage Company
• Pernod Ricard
• The Coca-Cola Company
• Whyte & Mackay
The program is managed by energy solution provider Enel X. Through its advisory services division, Enel X connects the participants with renewable energy providers and supports renewable energy transactions, seeking to accelerate renewable energy adoption.
Scope 3 emissions, which are not directly produced by a company but from its supply chain, often account for approximately 90% of a beverage company’s carbon footprint. Suppliers continue to face a number of barriers to decarbonization such as availability of economically viable projects.
REfresh has already engaged with more than 300 suppliers to discuss their involvement in the program as it aims to support their adoption of renewable energy solutions.
The consortium will look to expand to other markets and welcome businesses from across the beverage industry to join it in supporting suppliers in their decarbonization journeys.
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