Anheuser-Busch InBev Pledges $100 Million for U.S. Sustainability Projects

By Dieter Holger

Anheuser-Busch InBev SA pledged to spend nearly $100 million on sustainability projects in the U.S. over two years, including solar panels and water treatment.

The Leuven, Belgium-based beverage giant said Wednesday that those funds are part of a broader $1 billion two-year plan across 26 U.S. states to expand its business by supporting industry job creation and retention, stimulating economies in communities across the country and enabling sustainable innovations. It said it has invested almost $6 billion over the last decade in similar measures.

By 2025, Anheuser-Busch said it aims for 100% of purchased electricity to come from renewable sources and to cut 25% of carbon-dioxide emissions across its chain. The company also said all of its packaging will be made from majority recycled content or returnable.

Write to Dieter Holger at dieter.holger@wsj.com; @dieterholger

(END) Dow Jones Newswires

February 03, 2021 09:56 ET (14:56 GMT)

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