Key Highlights:
- Mars recently partnered with Italian energy company Enel to secure clean energy contracts in the U.S., aiming to decarbonize its supply chain and meet electricity needs.
- These power purchase agreements with Enel North America mark the largest transaction for both companies, with an estimated generation of 1.8 terawatt-hours of clean energy annually.
- The agreement allows Mars and its suppliers to benefit from Enel’s solar plants in Texas, managed sustainably through sheep grazing practices.
Insightful Collaboration:
The partnership between Mars and Enel signifies a commitment to renewable energy utilization, exemplified by the innovative approach of combining energy production with agriculture through sheep grazing.
Mars’ “Renewable Acceleration” program emphasizes the transition to clean energy across its supply chain, aiming to reduce carbon emissions by 3 million tonnes by 2030.
This sustainability initiative not only impacts Mars’ operations but extends to supporting ingredient farms, product transportation, and even consumer energy consumption.