03
October
2018
|
15:00
Europe/London

Britvic moves to 100% renewable electricity in new deal with E.ON

Iain Walker, Director of B2B Sales, E.ON UK
We are proud our bespoke solutions are contributing to the ongoing energy security of Britvic’s site and in reducing the environmental impact - by providing our expertise and services when it comes to energy solutions we can allow the business to get on with what they do best – providing quality drinks for consumers.
Iain Walker, Director of B2B Sales, E.ON UK

Britvic is pleased to announce that from October 2018, every Britvic site in GB, from its offices to warehouses and factories, will be powered by 100% renewable electricity.

The move forms part of a new four-year deal with energy provider E.ON, which will provide power needs for the whole of Britvic’s business operations in Great Britain, including 100% wind generated electricity, sourced from the UK.

Britvic’s decision to move to 100% renewable electricity is driven by its ambition to minimise the environmental impact of its operations. The switch to renewable electricity will save over 17,000 tonnes CO2e per year[1] - equivalent to taking more than 3,300 cars off the road for a year. It forms a key part of Britvic’s sustainable business strategy, ‘A Healthier Everyday’ which puts healthier people, healthier communities and a healthier planet at the heart of its business.

The ‘A Healthier Everyday’ strategy is already making a difference in Ireland and Brazil, where Britvic’s operations are powered purely by renewable electricity, and in France where Britvic uses low carbon energy sources across all sites.

Alison Rothnie, Senior Sustainability Manager at Britvic commented: “We believe that businesses have a role to play in tackling the global climate change challenge, and energy efficiency and emissions reductions have been a priority area for our supply chain operations for a number of years in all the countries where we operate.

“The move to renewable electricity in GB through our partnership with E.ON is a significant step, not only in helping us to minimise the environmental impact of our operations and reduce our carbon emissions, but also supporting the development of a low carbon future for the UK.”

Iain Walker, Director of Business Energy Sales at E.ON commented: “An increasing number of businesses are looking at ways to reduce their carbon footprint and a Renewable Energy Guarantees of Origin (REGO)-backed supply provides a guarantee that consumption is offset by energy produced from renewable sources.

“We are proud our bespoke solutions are contributing to the ongoing energy security of Britvic’s site and in reducing the environmental impact - by providing our expertise and services when it comes to energy solutions we can allow the business to get on with what they do best – providing quality drinks for consumers.”

As part of the new agreement, Britvic will also benefit from E.ON’s Portfolio Solution (EPS), it’s in-house risk management service specialising in helping customers navigate the wholesale energy market and manage exposure to the often volatile markets. The EPS team have been instrumental in assisting Britvic in implementing a hedging strategy, enabling budget certainty while being able to take advantage of opportunities from the market.

As well as focusing on renewable electricity, Britvic is championing other low carbon fuels to reduce emissions across its global operations. For example, in Brazil where Britvic produces and sells Cashew Juice under the Maguary and DaFruta brands, the company uses the waste cashew shells to generate

power in its Brazil factories. Britvic has also increased the number of electric and alternative fuel vehicles across its company car fleet in GB to more than 20%.

Britvic’s sustainable business strategy, ‘A Healthier Everyday’ is designed to ensure its sustainability programme is focused on the issues that matter most to its stakeholders, delivering solutions that can make a real difference. The programme is fully embedded in Britvic’s broader business strategy, and is helping to deliver the company’s overarching purpose to ‘Make Life’s Everyday Moment’s More Enjoyable’.

For more information, please visit our website: https://www.britvic.com/sustainable-business/healthier-planet

END

Notes to editors:

For more information about Britvic, please contact Rebecca.cagney@britvic.com

About Britvic

Britvic is one of the leading branded soft drinks businesses in Europe and South America. Britvic currently operates in and exports to over 50 countries and is the largest supplier of branded still soft drinks in Great Britain (“GB”) and the number two supplier of branded carbonated soft drinks in GB. Britvic is an industry leader in the island of Ireland with brands such as MiWadi and Ballygowan, in France with brands such as Teisseire and Pressade and in Brazil with Maguary, Dafruta and Bela Ischia.

The company combines its own leading brand portfolio including Robinsons, Purdey’s, drench, Tango, J2O, Fruit Shoot, Teisseire, Maguary, Dafruta, Bela Ischia, Ballygowan and MiWadi with PepsiCo brands such as Pepsi, 7UP and Lipton Ice Tea which Britvic produces and sells in GB and Ireland under exclusive PepsiCo agreements.

Britvic's management team has successfully developed the business through a clear strategy of generating profitable growth in our core markets and international expansion, driven by innovation, investment in our business capability, and building trust and respect in the communities we serve and operate in. The strategy is based on creating and building a portfolio of scalable brands that offers drinks for kids, families, and adults, anywhere, at any time – helping to make everyone’s every day moments more enjoyable.

Britvic is listed on the London Stock Exchange under the code BVIC and is a constituent of the FTSE 250 index. Britvic is also listed on The FTSE4Good Index which identifies companies demonstrating strong Environmental, Social and Governance (ESG) practices. The company has also been awarded an A-rating for its sustainability programme ‘A Healthier Everyday’ by investor analysts MSCI.

[1] Based on Britvic’s 2017 electricity consumption and as compared to carbon intensity of standard UK grid electricity, using DEFRA 2018 Greenhouse Gas Conversion Factors

For more information contact:

Andrew Barrow, 07515 752 759, Andrew.barrow@eon-uk.com

 

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