Grupo Bimbo joins RE100 and commits to being 100 percent renewable by 2025
Grupo Bimbo, the largest baking company in the world, announced today, its commitment touse 100 percent renewable energy for its electricity throughout the world by 2025. The company is thefirst company in Mexico and Latin Americato joinRE100, a global, collaborative initiative of The Climate Group, together with CDP. RE100 brings together the most influential companies in the world who commit to the use of electric energy from 100 percent renewable sources.
The announcement was made duringNew York Climate Week, where Grupo Bimbo committed tosupplying clean energy in the 32 countrieswhere it operates, through one or more of the different schemes for energy solutions such as Power Purchase Agreements (PPA), the purchasing of Renewable Energy Certificates (REC or GO), investing in distributed generation (on site), and buying clean energy directly, among others.
Daniel Servitje, President and CEO of Grupo Bimbo said, “Our commitment to convert our operation to 100 percent renewable energy is a major step toward our purpose of building asustainable, 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.”
Adding to Servitje’s position,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 ourstrategy for renewable energy, which began in 2012 with the opening of thePiedra Larga wind farmand is consolidated with this important commitment.”
“Today, we are the first Mexican and Latin American Company to join RE100 and we are confident that many other companies in the region will join this important initiative,” Zárate added.
ThePiedra Larga Wind Farmsupplies clean energy to company’s plants and certain work centers throughout Mexico. This year, “Bimbo Solar” was launched in Mexico, with several systems using solar panels on rooftops. In April of this year, the company announced thatby 2019 it would be 75 percent renewable worldwideafter signing an agreement for a 100 megawatt windfarm, to make its United States operations 100 percent renewable electricity, achieving a total global reduction of 440,000 tons of CO2 per year. These initiatives are added to others already in effect in countries such as Colombia and Spain.
By joiningRE100, Grupo Bimbo once again reinforces itscommitment to the environment and to society, understanding its role as anagent for changeto create long-term value with actions and policies aimed at protecting the planet and the wellbeing of all its inhabitants.
Mike Peirce, Corporate Partnerships Director,The Climate Group, welcomed the commitment, saying, “This is an exciting first for RE100 as we expand our membership into new geographies like Mexico and Latin America. We congratulate Grupo Bimbo on itsleadership in finding renewable energy solutionsfor each of its locations and hope to influence many more companies to come onboard.”
Grupo Bimbo’ssustainability strategyconcentrates its efforts along four lines of action related to environmental protection:reducing its carbon footprint; managing wastes; and natural capital.
