Hindustan Coca-Cola offsets 76,500 T carbon emission using renewable energy

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Hindustan Coca-Cola offsets 76,500 T carbon emission using renewable energy

Hindustan Coca-Cola offsets 76,500 T carbon emission using renewable energy

Industry News
Feb 19,21

The milestone is in sync with the companyÃ¢â‚¬â„¢s plan to reduce its carbon emissions 25 per cent by 2030 from a 2015 base year (science-based target).

Hindustan Coca-Cola offsets 76,500 T carbon emission using renewable energy

Bengaluru

Hindustan Coca-Cola Beverages (HCCB), one of India's top beverage companies, has ramped up its renewable & clean energy capacity to meet 50 per cent of its energy requirements through these sources. With this feat, the maker of brands like Thums Up, Minute Maid, Maaza, Kinley, Limca, Fanta, etc has been able to offset 46,500 tonnes of carbon emission per annum with solar and wind energy and 30,000 tonnes of carbon emission per annum using bio-mass fuel in its boilers.

The consolidated impact of using 50 per cent renewable & clean energy by HCCB on the climate is thus equivalent to a reduction in global warming achieved by 35 lakh trees per year. The milestone is in sync with the companyÃ¢â‚¬â„¢s plan to reduce its carbon emissions 25 per cent by 2030 from a 2015 base year (science-based target).

HCCBÃ¢â‚¬â„¢s total installed annual power generation from renewable sources in HCCB has now increased from around 70 million units in 2019 to the current level of around 95 million units. Currently, around 8 out of 15 factories of HCCB uses nearly 50 per cent of energy from renewable and clean sources.

HCCB has employed a variety of solutions to embrace renewable energy across its factories. Some of the key initiatives include conversion of furnace oil boiler to PNG (piped natural gas), use of briquettes - made out of agricultural waste like groundnuts and coconut shells - to power boilers, installation of solar rooftops for on-site power generation, entering into Purchase Power Agreement (PPA) for sourcing wind and solar power through various state grids, adoption of energy efficient technology and progressively replacing traditional bulbs and light sources in its factories with LED lights. Additional initiatives include adoption of Vapour Absorption Machine (VAM) for chilling operations operating on Briquette Steam and so on.

Reflecting on the achievement, Alok Sharma, Executive Director, Supply-Chain, Hindustan Coca-Cola Beverages, said, Ã¢â‚¬Å“This is a significant milestone in our journey towards a sustainable future. At HCCB, we believe that investing in renewable energy is not just good for the planet, itÃ¢â‚¬â„¢s a busines imperative as well. We are aware of our responsibility and excited about the potential that exists in our system to drive renewable energy into the manufacturing supply chain.Ã¢â‚¬Â

The company in 2020 pressed 7 additional renewable energy projects into service during the pandemic. Installed in different factories of the company, these projects are designed to source 23.5 million units of power by way of Purchase Power Agreement (PPA) through various state grids.

Hindustan Coca-Cola Beverages manufactures, packages and sells, some of IndiaÃ¢â‚¬â„¢s most loved beverages Ã¢â‚¬â€œ Minute Maid, Maaza, SmartWater, Kinley, Thums Up, Sprite, Coca-Cola, Limca, Fanta, Georgia and several others. A network of around 3,600 distributors, 250,000 farmers, 4,300 suppliers and over 2.4 million retail outlets, makes HCCB, an ecosystem of significant scale. It operates in 22 states and 3 union territories in around 376 districts. Through its 15 factories, Hindustan Coca-Cola Beverages manufactures and sells more than 60 different products in 9 different categories.