What you need to know:
- Suntory, owner of popular whiskey brands such as Yamazaki, Hakushu and Hibiki, is investing US$900 million to move its operations fully onto renewable electricity by 2022.
- This is expected to reduce a million ton of greenhouse gases by 2030.
- By 2050, the company hopes to achieve net zero greenhouse gas emissions across its entire value chain.
(Image Source: Yamazaki Distillery)
“As a company with a mission ‘to create harmony with people and nature’, we are committed to doing everything possible to decarbonise our business,…
… We will further accelerate our work by taking immediate actions in places where we can shift to 100% renewable electricity, which is a critical step in achieving our climate goals.”
- Tak Niinami,
CEO of Suntory Holdings
Suntory, owner of popular whiskey brands such as Yamazaki, Hakushu and Hibiki, will invest US$900 million to transition its operations in 63 manufacturing sites across Japan, US, South America and Europe to run fully on renewable electricity in 2022.
That’s just next year!
That’s a lot of money but it is estimated that it will have a significant impact – a reduction of a million-ton of greenhouse gas emissions by 2030.
Suntory is home to some of the most recognisable spirits in the world. (Image Source: Suntory)
The company will also incorporate an internal carbon pricing model into their operations whereby a value is put on greenhouse emissions in a bid to encourage low-carbon innovation.
Suntory hopes to be fully net zero on greenhouse gas emissions across its entire value chain by 2050.
Sounds great to us!
Greener earth, better whiskey!