Kellanova, previously known as the Kellogg Company, declared on Tuesday that its manufacturing units in North America aim to achieve 90 percent renewable energy by the end of 2024. However, they have shared that this ambitious target will come to fruition through a 2021 virtual power purchase agreement (VPPA) for approximately 360 gigawatt-hours of wind electricity annually in North America.
The company went on to articulate its goal of reaching 100 percent renewable energy in all its manufacturing units by the end of 2030. As of now, Kellanova's stock is showing an upward trend, with a 0.17 percent increase recording $54.88 on the New York Stock Exchange.
