Grupo Bimbo Announces That 97% of the Electricity it Uses Globally Comes From Renewable Sources

Core Insights - Grupo Bimbo presented its 2024 Annual Report titled "Actions that Transform," highlighting its progress towards sustainability goals for 2030 and 2050 [1][9] Sustainability Strategy - The company has established a comprehensive sustainability strategy called "Nourishing a Better World," focusing on three pillars: net zero carbon emissions, zero waste, and regenerative agriculture [2] Net Zero Carbon Emissions - Grupo Bimbo is implementing a strategy to achieve net zero carbon emissions by 2050, with 97% of its global electricity sourced from renewable energy and 100% in 28 out of 35 countries where it operates [3][4] Zero Waste - Currently, 94% of Grupo Bimbo's packaging is recyclable, with a goal to reach 100% recyclable, biodegradable, or compostable packaging by 2025 [5] Regenerative Agriculture - The company has nearly 300,000 hectares under regenerative agriculture practices, aiming for all key ingredients to be sourced from such land by 2050 [5] Product and Community Initiatives - Under the "Baked For You" priority, 99% of Grupo Bimbo's daily consumption products are free from artificial colors and flavors [6] - The "Baked For Life" initiative has led to the completion of 267 community projects in 28 countries, benefiting over 530,000 people [7] Leadership and Achievements - Alejandra Vázquez, VP Global Sustainability, emphasized the company's significant progress in generating a positive impact on the planet and communities [8]