Several large companies are making the switch to use green energy in 2021. In the contemporary age, going green is the objective of almost every leading tech-savvy business on the planet. These mainstream tech businesses have realized that going green raises social & corporate responsibility, acquiring more business prospects and smoothing operations, and reducing total energy costs.
The companies have also recognized that it assists in reducing the negative impacts they pose to the environment. One of the main target areas by these tech firms is the initiative of using green energy.
PepsiCo Pledges Net-Zero Emissions by 2040
PepsiCo, Inc. declared plans to double its science-based climate target, targeting a decrease of greenhouse gas (GHG) emissions across its value chain by over 40 percent by 2030. Moreover, the business has pledged to attain net-zero emissions by 2040, one decade earlier than called for in the Paris Agreement.
Especially, PepsiCo intends to decrease absolute GHG emissions over its direct actions (Scope 1 and 2) by 75% and its secondary value chain (Scope 3) by 40% by 2030 (2015 baseline). This activity is expected to reduce over 26 million metric tons of GHG emissions or the equivalent of taking more than five million vehicles off the road for an entire year.
“The serious impacts from climate change are worsening, and we have to accelerate the systemic changes required to tackle it,” said PepsiCo Chairman and CEO Ramon Laguarta. “Climate activity is core to our company as a global food and beverage leader and propels our PepsiCo Favorable travel to provide positive outcomes for the entire world and people. Our driving climate target will guide us on the steep but risky path ahead — there’s simply no other alternative but aggressive and immediate action.”
PepsiCo’s Sustainability plan, informed by significant science-based steps and cost-benefit analysis, targets the areas in which it can have the maximum effect while creating scalable models and partnerships for accelerated progress across the entire value chain. The business’s emissions goal aligns to the Company Ambition for 1.5°C Pledge and has been approved by the Science Based Targets initiative as the toughest designation available through their procedure.
“We congratulate PepsiCo on placing an emissions reduction goal consistent with limiting warming to 1.5°C, the toughest objective of the Paris Agreement,” stated Nate Aden, Senior Associate in World Resources Institute, one of the Science-Based Targets initiative partners. “Companies have an essential part to play in driving worldwide emissions, and it’s encouraging to see important players, such as PepsiCo, taking ambitious action.”
The action plan of PepsiCo is centered around reduction, decreasing GHG emissions to decarbonize its supply chain and operations, and resilience, conquering vulnerabilities into the consequences of climate change by continuing to integrate climate risk into business continuity plans. With operations in more than 200 countries and territories worldwide and approximately 260,000 employees, its emissions reduction program will be comprehensive across priority areas like agriculture, packaging, distribution, and operations.
With agriculture accounting for approximately one-third of PepsiCo’s emissions and 1 quarter of global GHG emissions, PepsiCo will further scale sustainable farming and regenerative practices, leading to emissions reduction and sequestration in addition to improving soil health and biodiversity, decreased deforestation, and enhanced productivity for farmers. This includes expanding the corporation’s global network of Demonstration Farms, which offer localized training and resources to implement sustainable practices and enhance livelihoods.
PepsiCo will reduce GHG emissions impact with a continuing drive to reduce virgin plastic usage and increase recycled content in its own packaging.
Through the implementation and upgrading of eco-sustainable production, warehousing, distribution, and transportation sites, much like the Frito-Lay North America facility in Modesto, Calif., the company intends to optimize efficiency in its supply chain while also embracing zero- and – near-zero-emission techs.
PepsiCo implements advanced business processes that enable GHG emissions reduction, such as its “Sustainable from the Start” program, which places environmental impact decision-making in the center of product design. Additionally, two inner carbon pricing applications, one aimed at removing the carbon impact of employee business aviation and another at building carbon influence into carrier choice for third party logistics in North America, will help further fortify climate factors in PepsiCo’s business decisions.
From Lay’s to Pepsi And Quaker to Tropicana, more and more PepsiCo brands are being made using power from a mix of renewable energy resources.
In 2020, PepsiCo Met its target to supply 100% renewable energy in the U.S. and set a new goal to supply 100% renewable energy across all its firm owned and managed operations globally by 2030 and throughout its franchise and third party operations by 2040.
PepsiCo is also expected to reach 100% renewable energy in Mexico and Australia in 2021, which will bring the entire number of nations fully sourcing renewable energy in PepsiCo’s direct operations to 15 and tackle approximately 60 percent of its direct worldwide electricity needs through renewable resources. Twelve nations in PepsiCo’s European industry already supply 100% renewable energy.
PepsiCo continues to support the development of new renewable energy production capacity through power purchase arrangements. The business has finalized contracts with renewable energy firm Ørsted for two new wind projects in Nebraska and Texas, which will address almost a quarter of PepsiCo’s total U.S. power requirements.
“Our climate goal is at the very heart of accelerating our international sustainability progress, and we’re using our scale and reach to construct a sustainable and regenerative global food system,” said Jim Andrew, Chief Sustainability Officer, PepsiCo. “It is long overdue that firms move beyond simply minimizing their environmental impact. They need to actively work to enhance and regenerate the planet.”
PepsiCo was recently called to CDP’s Climate A-List and is also engaged in many partnerships, and coalitions aimed at forcing action on climate change, such as the One Trillion Trees initiative Renewable Energy Buyers Alliance, The Climate Group’s RE100, We Are Still In, and the U.S. Climate Leadership Council.
Lowe’s Investment in Solar Power Initiative
The sun will now help electricity Lowe’s sustainability efforts in a significant way. Lowe’s is collaborating with Swift Current Energy, a major North American renewable energy firm, to buy 250 megawatts of clean electricity annually in the Black Diamond Solar Project in Illinois.
The commitment will last 12 years. The campaign marks another breakthrough in Lowe’s journey to attain the provider’s 2030 goal of reducing its carbon emissions footprint by 40 percent.
Lowe’s first year of energy purchases from the Black Diamond Solar Project will create 535,000 megawatt-hours of power. That’s the equivalent of preventing carbon dioxide emissions for over 43,000 homes in 1 year.
More than one million solar panels will be installed together with approximately 100 inverters on the 2,000-acre site in Christian County, Illinois. Clean electricity will be transmitted to the electricity grid for residential use by the summer of 2023.
Lowe’s first acquisition of renewable energy from a solar project shows its continued pursuit of reducing carbon emissions. This past year, Lowe’s declared adding a 100 MW wind farm project in Fisher County, Texas, to its renewable energy portfolio.
The Top 15 Tech Firms Using Green Energy
Adobe is a high tech multinational firm dealing with software support supply. Adobe believes it to make the world greener, and sustainable technologies need to be used.
For this reason, Adobe is dedicated to powering its digital delivery and operations on green energy from using sources, namely solar and wind power. Adobe’s long-term commitment is to deliver its goods fully supported by renewable energy by 2035.
This is a goal the firm is determined to pursue to reduce its carbon footprint and build a sustainable future. Adobe admits that business success in the modern world is much higher with green energy as it boosts energy efficiency, thereby cutting operation costs.
Apple may not be the biggest consumer of green energy but is one of the top tech companies using this energy option economically. Apple’s use of green energy is put at roughly 635,000,000 kWh annually.
Like Intel, Apple uses green energy to power its electrical operation requirements to produce and process its technology products such as notebooks, smartphones, smartwatches, and monitors.
Apple’s utilization of Green energy is stimulated by the fact that it aims to have a neutral carbon footprint. It has procured numerous solar farms to make sure its data centers are renewable. Apple also works towards producing its whole stores 100% energy efficient by using green energy.
3. Cisco Systems
Cisco Systems is increasingly investigating green energy use to ramp up its operations and encourage its power requirements. It works towards doubling its green energy usage by the end of this 2021 fiscal year.
Cisco Systems’ motive would prove to the world that green energy plays a vital role in developing a sustainable energy use strategy across the whole IT industry. Its main target is to reduce greenhouse gas emissions and adopt a greener business standpoint.
Among the Leading companies in track and notebook manufacturing, Dell also falls in this listing. It works towards making the world a better place with energy from renewable sources to power its electric operation requirements. The business has massively invested in wind and solar power to make itself energy sufficient.
Besides that, Dell guarantees the manufacture of products that are energy sufficient by environmental standards. Nearly half of the energy used by Dell is from green sources, about 225,000,000 kWh per annum.
5. EMC Corporation
EMC Corporation is a telecom firm working to make the world a better place by investing in energy-efficient solutions. The organization believes using green energy a part of corporate social responsibility and generates more business leads.
For this reason, the corporation utilizes green energy throughout its IT systems, and they take out a test after every 2 years to learn how it can make its operations more sustainable. The primary purpose is to become 100% renewable by 2020, including decreasing greenhouse gas emissions and using more renewable electricity.
Equinix is an international data and interconnection service provider that expects to source 50% renewable energy by 2021. The business already uses renewable electricity to power its international operations and services and is committed to using 100 percent green energy in the long run.
The business also prioritizes the need for ecological sustainability and carbon dioxide reduction as the foundation for making a better world and competitive market place.
Google can’t be left behind in the use of green energy on the accounts that they are among the biggest supporters of green energy. Since 2007, Google has been carbon neutral, and it broadcasts approximately 735,000,000 kWh of green energy each year. The majority of the energy is used to power its own data centers as it’s more reliable than the conventional power grid systems.
Google is also continuously researching new ways of tapping and using green energy in improving sustainability and operational efficiency for businesses, which are heavily determined by intensive power use.
HP (Hewlett Packard), as among the world’s top tech firms, is also not left behind when it comes to the exploitation of green energy. The enterprise powers around 20 percent of its services and technology to help clients worldwide become more IT efficient by using green energy.
Additionally, the company has come up with an objective of sourcing more than 40 percent of its cumulative energy intake from renewable energy sources by 2020 and 100% clean energy in the long term.
Intel is known as the world’s producer of computer chips. It leads to using green energy of around 3,100,000,000 kWh annually. Green energy is drawn from sources such as solar, wind, hydro, and biomass. What’s more, it’s 18 onsite solar panels that generate an electricity capacity of 7,000 kW.
Intel Company uses green energy to power its electrical operation requirements in producing and processing processors and other computer accessories. The business intends to keep on expanding and developing more renewable energy resources so that it can operate on 100% green energy.
Microsoft Qualifies as the renowned technology company in the world. This is an attribute given to Microsoft collaboration since it uses over 1.3 billion kWh of green energy every year. Microsoft works day in and out to determine its electrical power requirements are backed by green energy.
Microsoft is also satisfactorily carbon neutral as the green energy is sourced from solar and wind power with the most sustainable devices. Green energy is utilized to power Microsoft’s software development centers, data centers, and product manufacturing.
SAP is a global leader in the supply of software and its associated services. The business has a dedicated branch encouraging the use of renewable energy. It is dedicated to sustainable practices in its operations, designs, and production—the quantity of green energy used annually by the business totals approximately 86,000,000 kWh.
For example, the company created a wish to purchase over 350 gigawatt-hours of green energy throughout the world to power its own data centers. At precisely the exact same time, the organization claims to have a neutral carbon footprint.
12. Philips Lighting
Philips lighting is a world-leading organization in the production of lighting devices like LED products. Additionally, it engages in the supply of lighting systems and services. Therefore, the Philips lighting firm’s character forces it to behave in an effective way of encouraging green and sustainable future.
Accordingly, Philips lighting utilizes renewable electricity from wind and solar to produce and process its products. The business has promised to make sure it runs all of its operations with renewable energy by 2020. The business also urges its clients to buy their electricity from green energy.
Proximus is a Belgian telecommunications company that broadly depends upon green energy to power its telecommunication systems and services. With this account, Proximus is one of the few tech firms sourcing 100% of its power from green sources.
The company reached this decision to support a sustainable future and its own carbon footprint reduction plan. The business has managed to incorporate renewable energy usage throughout its entire operations in providing telecommunication services.
Sony uses green energy by predominantly buying its energy needs from renewable energy resources. The green energy it buys is around 88,000,000 kWh, which caters to about 37 percent of its annual energy consumption. This is very commendable considering the size of the corporation.
The business’s drive to using green energy is affected by its dedication to minimizing its greenhouse gas emissions and negative environmental impacts. Sony considers environmental sustainability is partially achievable by increasing the proportion of renewable energy powering an organization’s operations and services.
Sprint’s commitment to reduce greenhouse gas emissions by 20 percent is why it has adopted green power. The program has made Sprint indulge in using onsite clean energy to electricity and ease its own energy-hungry facilities’ operations.
Sprint has also partnered with new energy research companies to seek improved ways of investing in clean energy and backup power within the website. Sprint’s clean energy sources include solar and wind power, perfected by installing wind turbines and solar panels.