BrewDog kick off final crowdfunding campaign to boost sustainability drive
Scottish unicorn business, which has a wide range of beers and IPAs, as well as a chain of bars across the UK has announced that it has started its final ever equity funding round; ‘Equity for Punks: Tomorrow’.
This crowdfunding compaign will be dedicated to supporting the company’s sustainability projects for the next decade.
Equity for Punks: Tomorrow opened at the end of last week and will run until January 29 2021 with a goal of raising between £20m-£50m.
The funding will go towards projects including wind turbines to supply direct wind to the brewery, anaerobic digestion that will turn wastewater into green gas and clean water, which can then be reused by the brewery, CO2 recovery, and a fleet of electric vehicles. BrewDog has pledged to make the whole business carbon negative by 2030.
Founder James Watt said: “In 2009, we launched Equity for Punks, and pioneered a new kind of business model. Equity for Punks: Tomorrow is the next evolution of this, uniting investors across the globe to make a change today to ensure we have a planet to brew beer on tomorrow. We believe in action not promises; change is not happening fast enough, it’s time to set a new standard for sustainability and invest in a future we’re proud of.”
Together we can show the world what it looks like when a business and it’s community really care about the planet.
This is Equity For Punks Tomorrow
— BrewDog (@BrewDog) September 16, 2020