Mahou San Miguel joins The Climate Pledge and strengthens its commitment to being carbon neutral by 2040

Madrid, 20 September 2021.- Mahou San Miguel, a 100% Spanish-owned company and leader in that country’s brewing sector, has reaffirmed its commitment to being carbon neutral by 2040 by joining The Climate Pledge, the initiative of Amazon and Global Optimism to meet the Paris Agreement target ten years ahead of schedule. Specifically, it has set the goal of achieving this in its industrial network by 2030 and across the entire value chain by 2040.

The brewer is thus committing to measuring and reporting its greenhouse gas emissions periodically and implementing decarbonization strategies through business changes and innovations. These include efficiency improvements, promotion of renewable energies, reductions of materials and other strategies to eliminate carbon emissions. Likewise, it will neutralize the remaining emissions with additional offsets of a quantifiable, real, permanent and socially beneficial nature to meet the target.

“Joining The Climate Pledge is one more example of our long-term commitment to sustainability. As leaders in the brewing sector, we have the responsibility to strengthen our role as agents of social transformation to improve the lives of people and the planet”, said Patricia Leiva, Director of Corporate Communication and Institutions Relations and Sustainability at Mahou San Miguel. “Moreover, we want to involve our entire value chain in this commitment and extend it to all social agents so that, together, we can confront the important challenges we are facing in this area”, she added.

Investment of over €220 million in sustainability in the coming decade

At the start of the year, Mahou San Miguel presented its new strategic plan for sustainability for the coming decade, “Go 2030”, in which it will invest over €220 million. This is a roadmap focused on driving social and economic progress, which expands the vision of sustainability beyond environment targets and is based on three main lines of action: contributing to socioeconomic progress, protecting natural habitats, and promoting the health and well-being of people.

Specifically, the second line covers the company’s commitments to protecting natural resources and biodiversity, helping to slow down climate change, promoting circularity in its business model and making responsible use of resources. Besides becoming carbon neutral by 2040, the brewer has set a target of achieving a double-digit reduction in its water consumption and carbon footprint by 2030, continuing to use 100% green energy in all its activities and promoting energy generation projects based on renewable sources, all of which are fundamental for reducing C02 emissions. Additionally, it aims to boost the circularity of all its containers and materials by guaranteeing that all of them are 100% recyclable, reusable and free of virgin plastic.

The Climate Pledge, a commitment to the future

In 2019, Amazon and Global Optimism joined forced in The Climate Pledge under the commitment of achieving the Paris Agreement targets ten years ahead of schedule and reaching net-zero carbon emissions by 2040. By joining, the 200 companies that have already signed the pledge are highlighting the importance of working together to solve the climate crisis and advance more rapidly towards decarbonization of our economy.