Bacardi Limited is a leading producer and marketer of premium spirits, with a portfolio of more than 200 brands and labels, including the world-famous Bacardi rum. The company was founded in 1862 by Don Facundo Bacardi Masso in Santiago de Cuba, and today it is headquartered in Hamilton, Bermuda, with operations in more than 170 countries around the world. Bacardi is committed to sustainability and social responsibility, and has set ambitious goals to reduce its environmental footprint and promote positive change in the communities where it operates.

One of Bacardi's key sustainability initiatives is decarbonisation, which refers to the reduction of greenhouse gas emissions that contribute to climate change. Bacardi has set a target to achieve net-zero emissions across its entire value chain by 2040, which is aligned with the goals of the Paris Agreement on climate change. To achieve this target, Bacardi is implementing a range of measures to reduce its energy consumption, switch to renewable energy sources, and offset any remaining emissions through nature-based solutions.

One of the ways Bacardi is reducing its energy consumption is through corporate energy efficiency programs, which aim to optimize the use of energy in its production facilities and offices. Bacardi has implemented a range of energy-saving measures, such as upgrading lighting systems, installing energy-efficient equipment, and improving building insulation. These measures have helped Bacardi to reduce its energy consumption by 25% since 2010, and the company is committed to achieving further reductions in the future.

Another key initiative for Bacardi is the use of corporate power purchase agreements (PPAs) to source renewable energy. A PPA is a contract between a renewable energy generator and a corporate buyer, in which the buyer agrees to purchase a certain amount of renewable energy at a fixed price over a specified period of time. Bacardi has signed several PPAs with wind and solar power producers in the United States, Mexico, and Europe, which will provide the company with a reliable and cost-effective source of renewable energy. By 2022, Bacardi aims to source 100% of its electricity from renewable sources, which will help to reduce its carbon footprint and support the transition to a low-carbon economy.

In addition to reducing its own environmental impact, Bacardi is also committed to promoting positive change in the communities where it operates. The company has established a range of community programs and partnerships that focus on environmental sustainability, responsible drinking, and social welfare. For example, Bacardi has launched a program called "Good Spirited" that aims to reduce the company's environmental impact by improving water and energy efficiency, reducing waste, and promoting sustainable agriculture. Bacardi has also partnered with several non-profit organizations to support responsible drinking initiatives and promote social welfare in local communities.

Overall, Bacardi Limited is a leading producer and marketer of premium spirits that is committed to sustainability and social responsibility. The company has set ambitious goals to reduce its environmental footprint and promote positive change in the communities where it operates. Through initiatives such as decarbonisation, corporate energy efficiency programs, corporate PPAs, and community partnerships, Bacardi is working to create a more sustainable and equitable future for all.