One of India’s top FMCG companies, Hindustan Coca-Cola Beverages (HCCB) has ramped up its renewable & clean energy capacity to meet 50% of its energy requirements. The feat has enabled the company to offset 46,500 tonnes of carbon emission per annum with solar and wind energy and 30,000 tonnes of carbon emission per annum using bio-mass fuel in its boilers.
The consolidated impact of using 50% renewable & clean energy by HCCB on the climate is thus equivalent to a reduction in global warming achieved by 35-lac trees per year. The milestone is in sync with the company’s plan to reduce its carbon emissions 25% by 2030 from a 2015 base year. Currently, around 8 out of 15 factories of HCCB uses nearly 50% of energy from renewable & clean sources.
HCCB has employed a variety of solutions to embrace renewable energy across its factories. The company in 2020 pressed 7 additional renewable energy projects into service during the pandemic. Installed in different factories of the company, these projects are designed to source 23.5 million units of power by way of Purchase Power Agreement (PPA).