Anheuser Busch Inbev India (AB InBev) Unlisted Shares
AB InBev taps South Pole for supply chain decarbonization
Consultancy.eu
2 min read
AB InBev Partners with South Pole for Innovative Decarbonization Project, Targeting Scope 2 and 3 Emissions in European Supply Chain
Expert Analysis:
Strategic Sustainability Move:
AB InBev partners with the South Pole to decarbonize the European supply chain.
Targets scope 2 and 3 emissions, emphasizing sustainability.
Innovative Group Buying Initiative:
The South Pole facilitates a group buying program for renewable electricity.
Enables AB InBev, suppliers, and European customers to access renewables at a lower cost.
Scope 3 Emissions Significance:
In 2022, 85% of AB InBev's total emissions stemmed from scope 3 in the global supply chain.
Focus on notoriously challenging scope 3 emissions, extending beyond direct control.
Renewable Energy Leadership:
AB InBev has powered operations with 100% renewable energy in Europe since 2022.
Utilizes wind and solar, supported by a decade-long effort and a large solar plant in Spain.
Strategic PPA Sourcing:
The group buying program aims at sourcing power purchase agreements (PPAs) for renewable energy.
Long-term arrangements to secure renewably generated electricity at specific prices.
Sustainability Leadership:
AB InBev's collaboration with the South Pole exemplifies a commitment to sustainability.
Group buying initiatives reduce operational costs and support stakeholders in transitioning to cleaner energy.
Positions AB InBev as a global leader in driving value-chain decarbonization.
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