Saturday Nov 23, 2024
Saturday Nov 23, 2024
Tuesday, 11 June 2024 00:04 - - {{hitsCtrl.values.hits}}
Unilever Sri Lanka recently inaugurated a new 2.33 MW solar power project at its Horana factory, partnering with Abans Electricals PLC for project execution.
This significant step forward in Unilever’s commitment to sustainability and renewable energy represents a total investment of 1.3 million Euros. The project aligns with Unilever’s Global Climate Transition Action Plan (CTAP) and contributes to the ambitious goals set by the Sri Lanka Power and Energy Ministry for transitioning the country’s electricity supply to renewable sources by 2030.
Unilever Sri Lanka Chairman and CEO Ali Tariq said: “We are proud to inaugurate this solar power project, yet another investment to protecting our environment through sustainable practices. It is not just about manufacturing quality products and brands. We also ensure that we act as responsible corporate citizens in everything we do, aligning with our global vision of making sustainable living commonplace. The investment will produce 30%-35% of our Horana factory’s energy requirement.”
The project is expected to reduce Unilever’s carbon footprint by curbing carbon emissions by a remarkable 2,090 metric tons per annum, which is equivalent to the environmental impact of planting over 48,000 trees.
Power and Energy Minister Kanchana Wijesekera said: “I would like to congratulate the Unilever Sri Lanka team for initiating this rooftop solar mechanism in the Horana manufacturing facility. It helps with the factory’s power generation as well as contributes towards national targets of renewable energy. With the targets that we’ve set for 70% renewable energy carbon neutrality by 2050, there needs to be more private participation in the industry. I’m glad that 2.33 Mw rooftop solar will contribute to about 1.5% of our own target for this year on rooftop solar facilities. Climate change is a real challenge, and it has been witnessed in Sri Lanka more than ever, so we need to move away from traditional hydropower generation to solar, wind, biomass, new initiatives with battery storage facilities so that we can sustain energy requirements.”
Unilever Sri Lanka is a leading manufacturer and distributor of Fast-Moving Consumer Goods (FMCG) with a portfolio of 30 popular brands serving millions of Sri Lankans every day. The company is committed to doing good while doing business, focusing on sustainability through its Unilever Sustainable Living Plan (USLP).
As part of this commitment, Unilever actively contributes to the Climate Transition Action Plan (CTAP), which outlines a comprehensive strategy to reduce greenhouse gas (GHG) emissions across the entire business and value chain.
Unilever Sri Lanka will increase total solar generation in its network to 4MWs in 2024.
Recognising the urgency of climate action, Unilever aims to achieve net zero emissions by 2039. From 2024 onwards, climate change, nature conservation, plastic reduction, and supporting livelihoods have been identified as the cornerstones of Unilever’s sustainability agenda, underpinning its commitment to responsible business practices.
