Friday 26 August 2022

DSM aims for 100% renewable energy globally by 2030

Royal DSM, a science-based company active in nutrition, health and sustainable living, has pledged to purchase 100% of its electricity worldwide from renewable sources by 2030.

The new ambition is an upward revision from the 75% renewable energy goal previously set, with the company already achieving 77% of green power globally by the end of June 2022 – eight years ahead of the target.

That includes 100% renewable energy across all its Netherlands and North American operations.

It has also revised its Scope 1 and 2 emissions goal, aiming to achieve a 59% reduction in emissions by 2030.

Geraldine Matchett and Dimitri de Vreeze, Co-CEOs, Royal DSM said: “The ramifications of climate inaction have been inescapable again in recent weeks. People around the world are suffering already, reaffirming what we have said for many years now: Action cannot wait as no company can be successful in a world that fails. As a purpose-led company, we aim to drive sustainable growth and so routinely evaluate what we can do to go further and faster on our route to net zero.

“Today's significant step-up in our targets is another proof-point of our progress and commitment, as well as a rallying cry to everyone to continue striving to deliver on the Paris Agreement.”