Heineken Pledges Carbon Neutrality by 2040

By Maitane Sardon

Heineken NV on Thursday said that it has set targets to decarbonize its production and value chain over the next two decades.

The world's second-largest brewer aims to have carbon neutral breweries and offices by 2030 by removing from the atmosphere the same amount of carbon dioxide it emits. To reach carbon neutrality, Heineken said it will make its sites more energy efficient and increase its renewable energy use.

The company also plans to achieve carbon neutrality across its whole value chain by 2040 by reducing the emissions associated with its products and suppliers.

"A large part of our overall carbon footprint beyond production comes from agriculture, packaging, distribution and cooling," Heineken's Chief Executive and Chairman Dolf van den Brink said in a statement. "This means we will work in close partnership with our suppliers and partners," he said.

Heineken said it has already started working toward achieving its goals. It said it has halved the carbon emissions it releases a hectoliter of beer produced from 2008 levels.

In addition, it said it has implemented over 130 renewable energy projects, including five breweries that are powered by on-site solar energy.

Write to Maitane Sardon at [e-mail]

(END) Dow Jones Newswires

April 15, 2021 04:55 ET (08:55 GMT)

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