The Kraft Heinz Company has announced a virtual power purchase agreement (“vPPA”) with BHE Renewables, a Berkshire Hathaway Energy business, for its operations within the United States, which make up the largest part of the Company’s North America Zone. This agreement is designed to enable Kraft Heinz to achieve its aspiration of procuring the majority of its electricity from renewable sources by 2025, a key focus area of the Company’s net-zero emissions plans. “As one of the world’s largest food and beverage companies, we are committed to contributing to global…
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Kraft Heinz Announces Agreement with Repsol in Company’s First Wind Energy Investment
The Kraft Heinz Company have announced a 12-year virtual power purchase agreement (“vPPA”) with Repsol, a global multi-energy company operating across more than 20 countries and based in Madrid, Spain. This agreement is the Company’s first investment in wind energy and is designed to help Kraft Heinz achieve its aspiration of procuring the majority of its electricity from renewable sources by 2025. Kraft Heinz is expected to source over 90 gigawatt hours/year of renewable energy from Spanish producer Repsol’s largest wind project, Delta II (Aragon, Spain) – equivalent to powering…
Read MoreKraft Heinz Explores the Ketchup Bottle of Tomorrow
HEINZ, maker of the world’s favorite ketchup and beloved condiments, is teaming up with Pulpex to develop a paper-based, renewable and recyclable bottle made from 100 percent sustainably sourced wood pulp. Innovating its iconic ketchup bottle, HEINZ is the first sauce brand to test the potential of Pulpex’s sustainable paper bottle packaging for its range of world-famous condiments. For The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”), this collaboration is the latest step in its journey to reduce its environmental footprint. It progresses the Company’s sustainable packaging…
Read MoreKraft Heinz Cements Climate Ambition, Commits to Carbon Neutrality by 2050
The Kraft Heinz Company has announced a pledge to achieve net zero greenhouse gas (“GHG”) emissions across its operational footprint (Scope 1 and Scope 2) and entire global supply chain (Scope 3) by 2050, reaffirming the Company’s commitment to contribute to global efforts to reduce the ongoing threat of climate change. As a milestone on its path to achieving net zero emissions, it will target a near-term emissions reduction of 50% by 2030 across all three scopes. Key focus areas of Kraft Heinz’s net zero program include: Promoting regenerative and…
Read MoreKraft Heinz Shares 2021 Environmental Social Governance (ESG) Report and 2025 Diversity, Inclusion, and Belonging Aspirations
The Kraft Heinz Company has released its latest Environmental Social Governance (“ESG”) Report along with its 2025 Diversity, Inclusion, and Belonging (“DI&B”) Aspirations. The report highlights progress the Company has delivered against these Aspirations and across the Company’s three ESG pillars: Healthy Living & Community Support, Environmental Stewardship, and Responsible Sourcing. “Our 2021 ESG Report serves as a testament to our approximately 38,000 global employees who went above and beyond to support our communities and each other during 2020,” said Kraft Heinz CEO Miguel Patricio. “We are committed to holding…
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