McDonald's is placed at number five on the Top Ten U.S. Large Energy Buyers by Renewable Energy Buyers Alliance (REBA).
Commitment to renewable energy advancement
REBA is a community of energy buyers accelerating the zero-carbon energy future and greening the grid for all. REBA is resolute in creating a thriving, equitable, and globally competitive clean energy economy that combats the climate crisis and pursues environmental justice.
“Large energy buyers have led the market since the inception of renewable energy in 2008. It is remarkable that the business community announced nearly 100 new deals while managing the impacts of a global pandemic,” says Miranda Ballentine, CEO of REBA. “These leaders stepped up to prioritize renewables as a key component of broader organizational energy and climate strategies, and more importantly, recognize the role of the energy industry as the country looks to navigate economic recovery.”
"Renewable energy is a leading solution in building back better and combating the economic, societal and climate crises our country faces today. REBA’s members, who make up the world’s largest energy buyers, remain steadfast in their commitment to renewable energy advancement and advocating for complimentary policies that expand opportunities to decarbonize the power grid," she says.
Leadership in sourcing renewable energy
McDonald's is using renewable energy to take climate action.
Building on past progress sourcing renewable energy in several European markets, McDonald’s completed three new virtual power purchase agreements (VPPAs).
VPPAs are investments that increase renewable energy capacity by helping to build renewable energy projects, such as wind and solar farms, ultimately adding renewable energy to the nation’s power grid.
“The impacts of these U.S.-based VPPA deals for renewable energy represent significant milestones toward our science based target for 2030, and serve as meaningful examples of the solutions we are employing throughout our system to drive climate action and add more renewable energy to the grid," says Jenny McColloch, McDonald's Vice President of Sustainability.
“The addition of these VPPA transactions demonstrates McDonald’s continued leadership in the renewable energy space, as well as their commitment to supporting local communities where they serve,” adds Miranda.
“These projects will not only provide more U.S. communities greater access to clean energy, but they will also stimulate local economies through job creation. As one of the nation’s leading corporate buyers of renewable energy in 2020, McDonald’s level of investment in clean energy serves as an inspiration to the entire REBA community."
Work for a company with a strong sustainability commitment
In partnership with Franchisees, suppliers and producers, McDonald's finding new and innovative ways to reduce emissions, keep waste out of nature and preserve natural resources. From minimizing how much packaging it uses to investing in renewable energy and partnering to advance sustainable and regenerative agriculture practices – McDonald's works to help protect the planet for communities today and in the future.
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