As industry is required to tackle decarbonization toward 2050, beverage giant Suntory Holdings will use renewable energy to supply electricity at 70% of its production bases by the end of next year. It has been revealed that it will make a yen-scale investment.
According to the announcement, Suntory Holdings will aim to achieve the goal of reducing greenhouse gas emissions for the entire group to virtually zero by 2050, at 63 locations including factories in Japan, Europe and the United States, which account for 70% of the total. By the end of next year, we will increase the usage rate of electricity from renewable energy from about 30% to 100%.
We plan to invest 100 billion yen by 2030, such as installing solar panels in our factories and switching from fossil fuels to plant-derived fuels for boiler fuel used for whiskey distillation.
Through these efforts, greenhouse gas emissions from production activities as of 2030 are expected to be reduced by 50% compared to adults.
At a press conference, Suntory Holdings' Sustainability Promotion Department Manager Mitsuru Kitamura said, "While the whole country is working on climate change countermeasures, companies will also set ambitious goals and work on them."