Unilever achieves 100% renewable electricity use target across five continents

Mumbai: Global consumer goods firm Unilever on Monday said it has achieved 100% renewable electricity usage at its offices, factories and other facilities across five continents in line with its target to become a carbon neutral company by 2030.

The company said 38% of grid electricity was supplied through corporate Power Purchase Agreements (PPAs) and green electricity tariffs. “Where it has not been feasible to do this, Unilever has purchased Renewable Energy Certificates (RECs) – openly-traded certificates linked to renewable electricity generation,” Unilever said in a statement.

The British-Dutch firm, which makes items ranging from soaps to other home care products, said the achievement was a significant step towards its target to become a carbon neutral company before 2030.