NRG Energy and Unilever Announce Formation of Strategic Partnership on Renewable Energy
May 07 2014 - 9:45AM
Business Wire
Alliance will move Unilever U.S. to 100 percent
renewable energy use with NRG’s assistance
NRG Energy, Inc. (NYSE:NRG), and Unilever United States, Inc.
today announced the formation of a strategic partnership that
revolutionizes the relationship between the energy and consumer
products sectors, and further demonstrates the importance of
collaboration to tackle global challenges. The partnership aligns
with the Unilever Sustainable Living Plan, which is the company’s
global blueprint for sustainable growth that aims to double the
size of Unilever’s business while reducing the company’s
environmental footprint and increasing its positive social
impact.
Unilever U.S. already purchases 100% of its electricity from
renewable sources for all of its sites through renewable energy
certificates (RECs), which are credits for using energy from
third-party renewable sources. Now, through this novel partnership,
NRG will help Unilever take the next step beyond RECs by providing
solutions for onsite and offsite renewable generation resulting in
100% clean energy for all energy use at Unilever U.S. sites by
2020.
Through the partnership, NRG will employ various alternative
energy technologies that will be scalable and transferable to other
industry sectors. This approach will further demonstrate NRG’s
commitment to creating a sustainable energy future for companies
and consumers. The innovative and cost-effective solutions
developed through this partnership will further position Unilever
as an industry leader in sustainable operations.
“Unilever, through its commitment to clean energy, is
demonstrating in a truly meaningful way that it cares about its
consumers and their well-being in a manner far beyond that of
conventional companies seeking to sell products. They also are
demonstrating through actions, rather than just words, what being a
leader in the clean energy economy means,” said David Crane,
President and CEO of NRG. “We, at NRG, are very proud to be
Unilever's partner in this journey to a future that we will be
proud to bequeath to our children.”
“We are making good progress on the Unilever Sustainable Living
Plan in the U.S., but we must do more to drive system change,” said
Kees Kruythoff, President, Unilever North America. “This
transformational partnership with NRG to move all of our U.S.
operations to 100 percent renewable energy will make our business
more resilient, sustainable, and profitable. It is our hope and
expectation that our collaboration with NRG will also inspire a
broader acceleration and uptake of renewable energy
technologies.”
NRG and Unilever will share periodic updates on the progress of
the collaboration.
About Unilever United States, Inc.
Unilever [NYSE: UL or UN] is one of the world’s leading
suppliers of Food, Home and Personal Care products with sales in
more than 190 countries. Working to create a better future every
day, we help people feel good, look good and get more out of life.
In the United States, the portfolio includes brand icons such as:
Axe, Ben & Jerry’s, Bertolli, Breyers, Caress, Clear Scalp
& Hair Therapy, Consort For Men, Country Crock, Degree, Dove
personal care products, Fruttare, Good Humor, Hellmann’s, I Can’t
Believe It’s Not Butter!, Just for Me!, Klondike, Knorr, Lever
2000, Lipton, Magnum, Motions, Nexxus, Noxzema, Pond’s, Popsicle,
Promise, Q-tips, Ragú, Simple, Slim-Fast, St. Ives, Suave, TIGI,
TONI&GUY Hair Meet Wardrobe, TRESemmé and Vaseline. All of the
preceding brand names are trademarks or registered trademarks of
the Unilever Group of Companies.
Our ambition is to double the size of our business, while
reducing our overall environmental footprint (including sourcing,
consumer use and disposal) and increasing our positive social
impact. We are committed to helping more than a billion people take
action to improve their health and well-being, sourcing all our
agricultural raw materials sustainably by 2020, and decoupling our
growth from our environmental impact. Supporting our three big
goals, we have defined seven pillars, underpinned by targets
encompassing social, environmental and economic areas. See more on
the Unilever Sustainable Living Plan at
http://www.unileverusa.com/sustainable-living/.
Unilever employs approximately 10,000 people in the United
States – generating nearly $9 billion in sales in 2013. For more
information, visit www.unileverusa.com, connect with us on Facebook
and follow @unileverusa on Twitter.
About NRG
NRG is leading a customer-driven change in the U.S. energy
industry by delivering cleaner and smarter energy choices, while
building on the strength of the nation’s largest and most diverse
competitive power portfolio. A Fortune 500 company, we create value
through reliable and efficient conventional generation while
driving innovation in solar and renewable power, electric vehicle
ecosystems, carbon capture technology and customer-centric energy
solutions. Our retail electricity providers serve almost 3 million
residential and commercial customers throughout the country. More
information is available at www.nrgenergy.com. Connect with NRG
Energy on Facebook and follow us on Twitter @nrgenergy.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20140507005270/en/
NRGMedia:Karen Cleeve, 609-524-4608orDavid Knox,
832-357-5730orInvestors:Chad Plotkin, 609-524-4526orDaniel Keyes,
609-524-4527orUnilever United StatesMedia:Jaime Stein,
201-894-7760
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