Mars Bars to Go Carbon Neutral in Australia After Renewable Energy Deal

By Ben Chapman
Jun 15, 2018 9:00 AM ET
Source: Mars, Inc.

Originally posted on The Independent

Mars bars are taking a step towards being carbon neutral after the company that makes them signed a 20-year deal in Australia to generate 100 per cent of its electricity from renewable energy by 2020.

Mars, which also makes Pedigree dog food and M&Ms, said its Australian subsidiary will sign a deal with energy company Total Eren to build a solar plant in Victoria by mid-2019.

The confectionery maker also plans to facilitate the build of a second renewable project by Total Eren in New South Wales. Contracts agreed under the deal will provide electricity to Mars will not take energy directly from the solar farm. Instead, it underwrites the expansion of the solar project, receiving energy certificates of equivalent value in return. These effectively offset the carbon emitted by electricity used at Mars' six Australian factories and two sales offices, the company said.

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