Beer company signs 5 billion year contract with the sun
July 2019—In 2017, Anheuser-Busch set a goal of 100 percent renewable energy by 2025, after agonizing if it was even possible. They just met their goal in half the time.
Anheuser-Busch — parent company of Budweiser, Michelob, Stella Artois and Corona, among others — announced a 100 percent renewables commitment in 2017. At the time of the pledge, the company acquired about 7 percent of its electricity from renewable sources. Last year, the brewer debuted its 2025 sustainability goals for the United States, which included a 100 percent renewable energy target and a 25 percent reduction of carbon dioxide emissions across its operations.
Anheuser-Busch’s ability to achieve its renewable energy goal in just half the time anticipated reflects the lightning-fast maturation of the corporate renewables market.
To commemorate the accomplishment, they signed a symbolic contract with the sun for 5 billion years, its expected lifetime.