Unilever Pakistan cuts costs with solar installations

News Image

MG News | May 18, 2023 at 04:32 PM GMT+05:00

0:00

May 18, 2023 (MLN): Unilever Pakistan has partnered with K-Solar, a subsidiary of KE, to transition its operations to solar energy in Rahim Yar Khan and Karachi.

This initiative represents a significant step towards achieving Unilever's ambitious sustainability goals, including net zero emissions in its operations by 2039.

Simultaneously, the firm will shed close to Rs84m a year in energy costs, facilitating the local economy by considerably reducing the strain on the national grid collectively generating approximately 2.3m Kwh through renewable sources.

Unilever Pakistan's Solar Captive Power Plant Phase 2 installation demonstrates their dedication to renewable energy solutions, leading to significant savings and CO2 reductions.

At Futehally Chemicals Limited (FCL), the factory that manufactures Surf Excel for Unilever, the 362 kW system will save 496,035 kWh annually, reducing costs by approximately Rs18m and CO2 emissions by 233 metric tons.

The 1000 kW installation at Rahim Yar Khan Factory will save 1,430,886 kWh, saving approximately 53m PKR and a CO2 reduction of 662 metric tons per year.

The 250 kW system at Rahim Yar Khan Estate will save 357,721 kWh, resulting in cost savings of Rs13m and a CO2 reduction of 165 metric tons annually.

Unilever Pakistan's investment in these projects reinforces their commitment to sustainability.

While Unilever's own factories, offices, research labs, data centers, warehouses, and distribution centers account for only 2% of its total greenhouse gas footprint, the company acknowledges the significance of these emissions and is committed to eliminating them entirely.

Abdul Hannan Ahmed Khan, Head of Supply Chain at Unilever Pakistan, expressed his enthusiasm for this collaboration, stating, "Unilever Pakistan is deeply committed to sustainable practices and minimizing our impact on the environment.

This solar project is a testament to our dedication to combat climate change and create a brighter, cleaner future.

By investing in renewable energy, we are not only reducing our carbon emissions but also driving positive change in the communities we operate in."

Hashim Raza, CEO of K-Solar, emphasized the significance of joint efforts in realizing a sustainable energy future.

He stated, "We are thrilled to partner with Unilever Pakistan on this journey. By combining Unilever's leadership in sustainability and K-Solar's expertise in renewable energy solutions, we are confident that we can make a substantial impact in reducing carbon emissions and promoting the use of clean energy sources."

Unilever has been at the forefront of climate action for decades, consistently working towards reducing its carbon footprint.

Recognizing the urgent need to eliminate fossil fuels entirely and transition to renewable energy sources, Unilever Pakistan has been well on its way with its proactive approach to address its greenhouse gas emissions.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 167,085.58
225.68M
0.48%
802.03
ALLSHR 101,220.72
685.91M
0.47%
477.65
KSE30 50,772.02
134.57M
0.57%
290.16
KMI30 239,923.35
145.03M
0.77%
1831.31
KMIALLSHR 66,042.80
345.76M
0.65%
425.34
BKTi 45,106.39
29.18M
0.06%
24.91
OGTi 33,583.05
26.44M
1.52%
502.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,420.00 92,995.00
88,405.00
-3420.00
-3.68%
BRENT CRUDE 63.78 64.09
63.06
0.52
0.82%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
0.10
0.11%
ROTTERDAM COAL MONTHLY 97.25 97.25
97.25
0.05
0.05%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 60.14 60.50
59.42
0.47
0.79%
SUGAR #11 WORLD 14.82 15.02
14.73
-0.06
-0.40%

Chart of the Day


Latest News
December 05, 2025 at 04:59 PM GMT+05:00

PSX Closing Bell: Gradual Gains


December 05, 2025 at 04:18 PM GMT+05:00

PABC outlook weakens amid Afghan border shutdown


December 05, 2025 at 03:39 PM GMT+05:00

PKR rises by 3 paisa against USD


December 05, 2025 at 03:11 PM GMT+05:00

Weekly SPI decreases by 0.64%



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg