Dive Brief:
McDonald’s struck a 15-year virtual power purchase deal with EDF Renewables North America. EDF’s Apollo Solar project, which is based in Texas, is slated to deliver low-carbon electricity in June 2024.
The project is expected to meet the electricity consumption of over 1,200 McDonald’s restaurants, or the equivalent of 439,000 metric tons of carbon emissions annually.
This partnership builds on McDonald’s sustainability goals to buy clean energy and reduce the electricity carbon footprint of its restaurants.
Dive Insight:
McDonald’s is targeting net zero carbon emissions by 2050, and this partnership could help put a dent in its energy consumption. According to EDF, the amount of yearly carbon emissions that will be offset by Apollo Solar’s project represents emissions from more than 95,000…