Bertelsmann to Become Climate Neutral
Bertelsmann, the parent company of Penguin Random House, has pledged to become climate neutral by 2030. They plan to reduce greenhouse gas emissions by 50% as compared to 2018, and to pay for offsets for the remainder. The company joins 800 other organizations worldwide as part of the Science Based Target Initiative. Chairman and CEO Thomas Rabe says, “Protecting the environment is part of our corporate values.” They plan to switch to wholly green electricity sources, install solar panels, work to improve energy efficiency, and use “alternative mobility concepts.” They will work with business partners to reduce emissions in their supply chains. For more: <www.bertelsmann.com/news-and-media/news/bertelsmann-to-be-climate-neutral-by-2030.jsp>.
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Bertelsmann is the parent company of penguin Random House. Holtzbrinck Publishing Group is the parent company of Macmillan, St. Martin’s and Tor.