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January 11, 2019

Firmenich joins RE100, committing to use 100% renewable energy by 2020

Swiss fragrance and flavour company Firmenich has joined RE100 and committed to using 100% renewable electricity for its operations by 2020. 

Swiss fragrance and flavour company Firmenich has joined RE100 and committed to using 100% renewable electricity for its operations by 2020.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

RE100 is a collaborative initiative spearheaded by the London-based non-profit organisation Climate Group in partnership with ‘CDP’.

The initiative encourages and supports influential businesses to become 100% reliant on renewable power.

Currently, Firmenich’s manufacturing sites in the US and Europe are all operating with 100% renewable electricity.

Firmenich CEO Gilbert Ghostine said: “With all of our manufacturing sites in the US and Europe currently 100% powered by renewable electricity, I am confident we will reach our goal of 100% for all our sites worldwide by 2020.

“It is critical that business partners together to tackle climate change with a sense of urgency, which is why we have joined RE100.”

“It is critical that business partners together to tackle climate change with a sense of urgency, which is why we have joined RE100 and the 160 world-class companies committed to driving the world’s economy towards sustainability.”

By joining RE100, Firmenich joins more than 160 major businesses, including Google, Lego, Apple and Nike.

In 2015, Firmenich outlined its Environmental Goals for 2020, as well as its vision to become a carbon neutral company.

Additionally, Firmenich is targeting a 20% reduction in absolute carbon emissions and a 25% decrease in water use in water-stressed areas.

The Climate Group RE100 head Sam Kimmins said: “By joining RE100 and committing to source 100% renewable electricity by 2020, Firmenich is proving that it’s possible for big businesses to set ambitious targets that speed up the global transition to clean energy.

“This is the kind of corporate climate leadership that will help us stay below 1.5°C global warming and deliver a robust, sustainable economy.”

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Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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