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Facebook says it has hit net zero emissions target

Today, the US group said it had agreed to buy renewable electricity from a power plant in India

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Facebook Inc (NASDAQ:FB) said the group now uses wholly renewable energy for its data centres and buildings and has reached net-zero emissions through the use of carbon offsets.

The social media giant is a major buyer of clean energy and said it has contracts for more than 6GW of wind and solar energy.

Since 2017, that has enabled it to cut its greenhouse emissions by 94%, it said, adding that all of its renewable energy projects are now connected to its network of data centres.

Today, the US group said it had agreed to buy renewable electricity from a power plant in India as part of the plan to become a supplier of green power in the country.

The social media giant said it will buy electricity from a 32Mw wind power project in southern Karnataka state run by partner CleanMax.

India is the social media giant’s largest market in terms of the number of users and this deal is one of several energy projects that it and CleanMax are working on.

Facebook will buy the power off-grid using environmental attribute certificates, or carbon credits, the companies said.

Urvi Parekh, its head of renewable energy, said Facebook doesn’t want to operate the plants but set up long-term power-purchasing contracts.

Power usage by data companies and also bitcoin mining and how it affects the world’s climate are becoming increasingly important issues for companies such as Facebook.

Data centres such as those used by Facebook use up as much as 1% of the world’s total energy.

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