The Wonderful Company has made a commitment to use 100% renewable energy for all its operations in the US by 2025.
As part of this effort, the company has expressed its intent to join the RE100 Initiative.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataRE100 is a collaborative initiative led by the London-based non-profit organisation The Climate Group. The group unites over 160 influential businesses that are committed to 100% renewable electricity.
The Wonderful Company chairman Stewart Resnick said: “As a responsible steward of the environment, we’ve invested more than $300m in sustainability research and innovations, clean energy and prudent use of natural resources.
“This is the natural progression of our sustainability efforts and the right thing for us to do as leaders in the agriculture industry.”
In January this year, the agricultural company signed a power purchase agreement (PPA) with NextEra Energy to build a 23MW solar project in California’s Central Valley.
The project is expected to generate enough clean energy annually to grow nearly half of the company’s pistachio, almond as well as pomegranate crops. It will also take the company’s global renewable electricity use to approximately 25%.
Going forward, the company plans to source the remaining 75% of renewable energy from projects located on company land in the Central Valley.
The Wonderful Company aims to reach 100% renewable electricity globally by 2040.
The Climate Group North America executive director Amy Davidsen said: “The agricultural sector is one of the global industries most immediately impacted by the effects of climate change.
“As the largest agriculture business to join RE100 to date, we’re delighted to see The Wonderful Company tackle greenhouse gas emissions from the sector by committing to 100% renewable electricity, and we encourage all of their peers to join them.”
