Reckitt Benckiser Group PLC
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Reckitt Benckiser Group PLC is a leading consumer goods company based in the United Kingdom. The company operates in the Home Products sector and is known for its innovative and sustainable products that cater to the needs of consumers across the world. Reckitt Benckiser Group PLC is committed to decarbonisation and has taken several initiatives to reduce its carbon footprint and promote renewable energy.
Corporate Energy and Decarbonisation
Reckitt Benckiser Group PLC has made significant progress in reducing its carbon emissions over the years. The company has set ambitious targets to reduce its carbon footprint and has implemented several initiatives to achieve them. In 2020, the company announced its commitment to achieve net-zero carbon emissions by 2040. This commitment includes a 50% reduction in the company's carbon footprint by 2030 and a 90% reduction by 2040.
To achieve these targets, Reckitt Benckiser Group PLC has implemented several measures to reduce its energy consumption and promote renewable energy. The company has invested in energy-efficient technologies and has implemented energy-saving measures across its operations. Reckitt Benckiser Group PLC has also implemented a corporate energy management program that focuses on reducing energy consumption and improving energy efficiency.
Corporate PPA and Renewable Energy
Reckitt Benckiser Group PLC has also taken significant steps to promote renewable energy. The company has signed several corporate power purchase agreements (PPAs) to support the development of renewable energy projects. These agreements enable the company to purchase renewable energy directly from the project developers, thereby supporting the growth of renewable energy.
In 2020, Reckitt Benckiser Group PLC signed a 15-year corporate PPA with Enel Green Power for the development of a 45 MW wind farm in Spain. The wind farm is expected to generate over 150 GWh of renewable energy per year, which is equivalent to the energy consumption of over 40,000 households. This agreement will enable Reckitt Benckiser Group PLC to reduce its carbon emissions by over 40,000 tonnes per year.
In addition to corporate PPAs, Reckitt Benckiser Group PLC has also invested in renewable energy projects. The company has installed solar panels at its manufacturing facilities and has implemented several renewable energy projects across its operations. These initiatives have enabled the company to reduce its carbon emissions and promote renewable energy.
Conclusion
Reckitt Benckiser Group PLC is a leading consumer goods company that is committed to decarbonisation and promoting renewable energy. The company has set ambitious targets to reduce its carbon footprint and has implemented several initiatives to achieve them. Reckitt Benckiser Group PLC has implemented energy-efficient technologies and has implemented energy-saving measures across its operations. The company has also signed several corporate PPAs to support the development of renewable energy projects and has invested in renewable energy projects across its operations. These initiatives have enabled the company to reduce its carbon emissions and promote renewable energy, thereby contributing to a more sustainable future.