Keurig Dr Pepper (KDP) is a leading beverage company in the United States of America that operates in the Non-Alcoholic Beverages sector. The company was formed in 2018 following the merger of Keurig Green Mountain and Dr Pepper Snapple Group. KDP has a diverse portfolio of more than 125 brands, including Keurig, Dr Pepper, Snapple, 7UP, Canada Dry, A&W, and Hawaiian Punch. The company is committed to sustainability and has set ambitious goals to reduce its carbon footprint and increase the use of renewable energy in its operations.

Decarbonisation is a key focus area for KDP. The company has set a goal to reduce its greenhouse gas emissions by 25% by 2025, compared to a 2017 baseline. To achieve this goal, KDP is implementing a range of initiatives, including energy efficiency improvements, renewable energy procurement, and fleet electrification. The company is also working to reduce the carbon footprint of its packaging and supply chain.

Corporate energy is another important area of focus for KDP. The company is committed to reducing its energy consumption and increasing the use of renewable energy in its operations. KDP has set a goal to source 100% of its electricity from renewable sources by 2025. To achieve this goal, the company is investing in renewable energy projects and exploring corporate power purchase agreements (PPAs) with renewable energy developers.

Corporate PPAs are an innovative way for companies to procure renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy developer, under which the company agrees to purchase a fixed amount of renewable energy at a fixed price over a specified period. Corporate PPAs provide a stable and predictable source of renewable energy for the company, while also supporting the development of new renewable energy projects.

KDP has already signed several corporate PPAs to support its renewable energy goals. In 2019, the company signed a 12-year PPA with a wind farm in Texas, which will supply 120 MW of renewable energy to KDP's operations. The wind farm is expected to begin operations in 2020 and will help KDP achieve its goal of sourcing 100% of its electricity from renewable sources by 2025.

Renewable energy is a key part of KDP's sustainability strategy. The company is committed to increasing the use of renewable energy in its operations and reducing its reliance on fossil fuels. In addition to corporate PPAs, KDP is also investing in renewable energy projects, such as solar panels and wind turbines, at its facilities. The company is also exploring new technologies, such as energy storage and electric vehicles, to further reduce its carbon footprint.

In conclusion, Keurig Dr Pepper is a leading beverage company in the United States of America that is committed to sustainability and reducing its carbon footprint. The company has set ambitious goals to reduce its greenhouse gas emissions and increase the use of renewable energy in its operations. KDP is implementing a range of initiatives, including energy efficiency improvements, renewable energy procurement, and fleet electrification, to achieve its sustainability goals. The company is also exploring innovative solutions, such as corporate PPAs and new technologies, to further reduce its carbon footprint and support the transition to a low-carbon economy.