One of India’s topper FMCG companies, Hindustan Coca-Cola Beverages (HCCB), on Friday said it has ramped up its renewable and clean energy capacity to meet 50 percent of its total energy requirements through these sources.

Stating that the consolidated impact of the step is equivalent to a reduction in global warming achieved by 35 lakh trees per year, HCCB said, ''The milestone is in sync with the company's plan to reduce its carbon emissions 25 percent by 2030 from a 2015 base year.'' With this, the company has been able to offset 46,500 tonnes of carbon emission per annum with solar and wind energy and 30,000 tonnes of carbon emission per annum using biomass fuel in its boilers.

HCCB Executive Director, Supply-Chain Alok Sharma said, ''This is a significant milestone in our journey towards a sustainable future. At HCCB, we believe that investing in renewable energy is not just good for the planet, it's a business imperative as well.'' He further said, ''We are aware of our responsibility and excited about the potential that exists in our system to drive renewable energy into the manufacturing supply chain.''

Hindustan Coca-Cola Beverages said it uses nearly 50 percent of energy from renewable and clean sources in eight out of its 15 factories. It has taken up key initiatives, including conversion of furnace oil boilers to PNG (piped natural gas), use of briquettes - made out of agricultural waste like groundnuts and coconut shells - to power boilers, and installation of solar rooftops for on-site power generation.

HCCB said it has also entered into Purchase Power Agreement (PPA) for sourcing wind and solar power through various state grids, adoption of energy-efficient technology and progressively replacing traditional bulbs and light sources in our factories with LED lights.

Sensex, Nifty fall, Top stocks to watch today

Past month, price of gold has fallen by 10000, know price of silver

LIC Housing Finance disburses Rs 1,331-Cr of loans via mobile app