Chivas Brothers has unveiled more than £60 million in a planned investment over the next three years to achieve carbon neutral distillation by the end of 2026.
It follows the company’s move to make its heat recovery technology learnings open source for the industry, after proving successful at Glentauchers distillery, with a 53% reduction in carbon emissions at this site alone.
The planned investment will be used to implement more heat recovery technologies and install electric boilers across viable distilleries.
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While driving down its carbon footprint, Chivas Brothers will also invest in strategic inventory management, ensuring a future-fit model that continues to meet the demand for its Scotch whiskies around the world.
The investment comes with after Chivas Brothers announced its strongest financial performance in a decade, with a 17% growth in net sales.
“Our highest growth of the last decade reinforces our position to shape the future of sustainable Scotch while continuing to meet demand,” said Chivas Brothers Chairman and CEO Jean-Etienne Gourgues.
“We have fast-tracked a number of sustainability initiatives to meet our own ambitious targets and remain committed to supporting the industry in ushering in this new era —as we demonstrated earlier this year by making our heat recovery findings open source,” he added.