Earlier this week, it announced its intention to using 100% renewable electricity throughout its global operations by 2025.
The Mexican multinational is also the first Latin American business to join the RE100, a global initiative made up of some of the world’s biggest companies committed to using renewables.
RE100 is led by non-profit The Climate Group in partnership with the CDP, formerly known as the Carbon Disclosure Project.
Members include Facebook, Goldman Sachs, the Carlsberg Group and eBay.
According to The Climate Group, Grupo Bimbo will save 440,000 tons of CO2 emissions per year by 2019 through its use of renewable energy.
In Mexico, 70% of electricity used by the firm comes from wind energy, while it also uses rooftop solar power to provide it with clean energy.
The Piedra Larga wind farm project was launched in 2012 to generate power equivalent to all the electricity Bimbo uses at its plants in Mexico.
More recently, the company inaugurated a new solar facility at its headquarters in Mexico City, which it said will reduce annual CO2 emissions by 2,500 tons.
In addition, in April, it announced that by 2020 it will obtain all its electricity in the US from renewable sources through its partnership with energy company Invenergy.
“Our commitment to convert our operation to 100% renewable energy is a major step toward our purpose of building a sustainable, highly productive, and deeply humane company,” said Daniel Servitje, president and CEO of Bimbo
“Having operations in 32 countries, this is a challenge we assume with the clear conviction and responsibility to contribute to a better planet for present and future generations.”
A first for RE100
“This is an exciting first for RE100 as we expand our membership into new geographies like Mexico and Latin America,” added Mike Peirce of The Climate Group.
“We congratulate Grupo Bimbo on its leadership in finding renewable energy solutions for each of its locations and hope to influence many more companies to come on board.”
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