• Blog: How transparency and supportive policy can enable business action on renewables

    As global companies and experts meet in Amsterdam to discuss the tracking of renewable electricity, Constant Alarcon, RE100 Campaign Manager, The Climate Group, makes the case for transparency and supportive policy frameworks to unlock the full potential of corporate renewable electricity sourcing in Europe and around the world.

    The amount of new solar and wind capacity installed globally increased from 129 gigawatts (GW) in 2016 to 154 GW in 2017. Investments in renewable energy and energy smart technologies were up 3% to reach $333.5bn in 2017. At the same time, renewables costs continued to fall, and the lowest prices ever for solar PVs were achieved in Mexico.

    Clean power is up, costs are down. It’s a real opportunity for investors to get more for less, said the UN Environment chief. And with renewables reaching or exceeding cost parity with brown-power in many markets, we are approaching a tipping point for a cleaner, more prosperous economy.

    But we are not there yet. We need to go faster.


    Through RE100, a global initiative led by The Climate Group in partnership with CDP, corporate electricity users are accelerating the shift to renewable energy. Our membership now includes 128 leading companies committed to 100% renewable electricity, creating more than enough demand to power Poland or New York State.

    They are progressing towards their objective: in Europe, 61% of the electricity they use is already generated from renewable sources (twice higher than the EU average of 29.6%) – more than in any other region where RE100 members operate.

    At the RECS Market Meeting in Amsterdam this week, our members have been explaining what it means for them to be market leaders.

    IKEA Group has been a long-term champion of renewable electricity, co-founding RE100 in 2014, to facilitate collaboration between companies to stimulate and accelerate broader corporate action. Now the retailer is looking to bring its suppliers on board.

    Philips Lighting has been pushing the boundaries of what is feasible by developing the first renewable energy certificates of the Gulf Region. The company is also vocal about its sustainability commitments in policy conversations, in support of more ambitious climate and energy regulations.

    ING favors renewable energy in its investment decisions and is shifting away from coal-fueled power plants, the most polluting way of generating electricity.

    And Colruyt Group's approach goes hand in hand with its strategy to offer best cost to consumers shopping in its stores. Put simply, its investments in renewables are reducing its prices.


    Progressing towards their 100% objective gives forward-thinking businesses the confidence to be bolder on renewable electricity. But they also need and want to be able to claim it.

    The existence of an EU-wide credible tracking mechanism for renewable energy has been critical to motivate companies to take aggressive action and to secure rapid progress. The system of ‘Guarantees of Origin’ (GOs) enables businesses to make credible claims about their renewable electricity consumption.

    In our recent RE100 Progress and Insights report however, traceability issues and the lack of widely available renewable energy certificates were quoted by our members as significant barriers to achieving their target in other markets.

    Fortunately, credible certificate systems like the International RECs Standard or TIGRs (Tradable Instruments for Global Renewables) are becoming more widely available. In February 2017, China’s National Development and Reform Commission announced the launch of a national and governmental pilot market.


    While those developments are going in the right direction, Europe might be about to head exactly the opposite way. As the EU Commission, Council and Parliament progress their ‘Trilogue’ negotiations on the next Renewable Energy Directive, the fate of GOs – so critical in enabling corporate renewable energy sourcing in Europe – is uncertain, due to the diverging views of the Parliament and the Council.

    In December 2017, 11 RE100 members wrote to EU Energy Ministers, asking them – among other things – to establish a fully functioning GOs system.

    First, this means that the use of GOs for renewable electricity disclosure must be mandatory – to avoid unsubstantiated and non-credible claims. Second, and critically, all produced renewable electricity should receive GOs – whether or not government support was given to the producer.

    In addition, countries should avoid the mandatory auctioning of GOs for supported production. It is essential to maintain the link between the production of renewable electricity and the corresponding certificate.


    Our recent RE100 survey shows that policy barriers – not cost, or calls for subsidy – are the most common challenge for committed companies.

    Leading companies are playing their part, but they need governments to ensure that enabling policies are in place to unlock corporate investment at scale. Ensuring the traceability of renewable electricity purchasing is an example of structural regulation that can accelerate corporate action on renewables.

    Policy visibility, certainty and stability are also vital for companies to make long-term decisions about their electricity supply. This is why 11 of our members have called on the EU Council to back the 35% 2030 renewable energy target adopted by the Parliament. Recent analysis from the Commission and IRENA show that going beyond the 27% target voted by the Council is cost effective and bears large socio-economic benefits for all Member States.

    Companies must also be allowed to directly participate in electricity markets. Our recent RE100 report shows that in the US, 20% of the renewable electricity consumed by RE100 members is sourced through power purchase agreements (PPAs), in which producers and buyers directly negotiate a contract. This results in direct addition of renewable capacity to the grid.

    By contrast, in Europe the lucrative corporate PPA market is largely untapped – representing only 4% of our members’ renewable power consumption. The Renewable Energy Directive can unlock this potential by requiring Member States to get rid of all administrative and regulatory barriers to PPAs and clearly take them out of legal ‘grey’ areas that create uncertainties and risk for companies.


    RE100 members are putting themselves at the forefront of change, and they will catalyze US$94 billion in renewable electricity investment by 2030, adding up to 87 gigawatts of wind and solar energy to the grid.

    Ambitious, leading multinationals are already driving the transition to clean energy. Governments can empower thousands more to and ensure that the clean economy not just grows, but booms.

  • First RE100 member to go 100% renewable through a single solar power project

    Fifth Third Bank has joined RE100 and is set to become the first member company to achieve 100% renewable electricity through a single solar power project. The US financial services company will fulfill its goal through a solar power purchase agreement (PPA), covering its entire power consumption.

    As well as being a first for the RE100 initiative, led by The Climate Group in partnership with CDP, the bank will also become the first publicly-traded company to purchase 100% of its power through solar alone.

    The project, led by SunEnergy1, will be constructed in Hertford County, North Carolina – a state Fifth Third Bank operates within. Expected to come online in late 2018, the 80 megawatt (MW) solar plant will generate around 194,000 megawatt hours (MWh) of electricity per year.

    As well as employing approximately 1,000 people for construction, it is expected to avoid 144,000 metric tons of greenhouse gas emissions (GHG) each year, equivalent to emissions generated by over 21,600 homes or 30,800 cars.

    Image: courtesy of Fifth Third Bank

    “This initiative affirms our bold commitment to advance environmental stewardship on behalf of customers, employees and shareholders,” said Greg Carmichael, Chairman, president & CEO, Fifth Third Bancorp. “This innovative project will reduce Fifth Third’s carbon footprint and benefit the communities we serve. In addition, this project is expected to increase earnings, demonstrating that companies can ‘do well by doing good.’”

    Fifth Third’s leadership was praised by Amy Davidsen, Executive Director – North America, The Climate Group, who attended the company’s announcement at the NASDAQ Opening Bell in Times Square, New York City.

    “We applaud Fifth Third for joining RE100 and for becoming the first member company to contract for 100% solar power,” she said.

    “By achieving its 100% renewable energy goal four years early, Fifth Third is demonstrating that there is a strong business case for solar, that corporate leadership on renewables is accelerating, and that faster greenhouse gas emissions cuts are possible – this will inspire more companies to follow suit”.

    Image: Amy Davidsen, Executive Director – North America, The Climate Group (left) with Tayfun Tuzun, Chief Financial Officer and Executive Vice President of Fifth Third BanCorp (right)

    Fifth Third sees going 100% renewable as an ambitious next step in its business strategy. “For years, Fifth Third has worked to become more sustainable by using energy more efficiently and by lending to the solar energy industry. Today we take great pride in becoming the first Fortune 500 company—and first US bank - to buy as much solar power as we use in a year,” said Scott Hassell, Vice President and Director of Environmental Sustainability, Fifth Third Bank

    He added, “And we are thrilled to be on track to achieve our 100% goal this year, four years ahead of schedule. ”

    A diversifying energy market

    Corporate PPAs are on the up, according to recent RE100 research. The latest RE100 report ‘Approaching a tipping point: how corporate users are redefining global electricity markets’, shows that procurement of renewables through PPAs increased more than fourfold amongst RE100 members in 2016, providing a weighty 2,362,056 MWh of consumption in the US compared to 8,732 MWh in 2015.

    The rapidly falling costs of wind and solar power are enabling businesses to translate their renewable electricity commitments into tangible investments. On top of this, companies are beginning to realize the active role they can play in contributing additional renewable power capacity to the grid.

    Globally, the greatest increase in PPAs is seen in regions where legislative frameworks are most favourable, notably the US, Mexico, the UK, Ireland and the Netherlands.

    Fifth Third Bank becomes the 128th member of RE100. As more and more companies join the campaign and commit to 100% renewable electricity, corporate demand for renewables continues to grow, helping to open markets and ultimately accelerate the transition to a zero-emissions economy.

    Find out more about RE100 members here.

    By Elly Dinnadge

  • Newsletter: growing demand, knowledge sharing and upcoming events

    RE100 membership goes from strength to strength

    At the time of writing, RE100 has 127 members with a total electricity demand greater than that of Egypt, at over 161TWh/year. We're delighted to welcome Daiwa House, Japan’s largest housebuilder, who has become the first construction company to join both RE100 and The Climate Group’s energy productivity campaign, EP100, leading the way with a joined-up approach to achieving cleaner, smarter energy. In another first, biomedical products manufacturer TCI has become the first Taiwanese company to join RE100. Visa has also joined RE100 with an ambitious goal of reaching 100% renewable electricity by the end of 2019. We also welcomed global investment manager Schroders to the campaign.

    Amplifying the voice of corporate off-takers in Brussels

    As part of our work to ensure access to 100% renewable electricity in Europe through the Clean Energy Package, we have joined other initiatives to call on the EU to strengthen the Guarantees of Origin system for renewables. Speaking at an event in Brussels, Belgium, hosted by Mars, RE100 Campaign Manager, Constant Alarcon, underlined the importance of supportive policy frameworks for member states and called on the Council to support the 35% renewable energy goal for 2030 voted through by the European Parliament.


    Knowledge sharing webinar: new tool for companies

    RE100 and the Business Renewables Center (BRC) hosted a webinar looking at renewables and energy optimization for commercial buildings. Rocky Mountain Institute (RMI) has developed tools for companies who own or rent commercial buildings to invest in on-site solar, energy efficiency and energy storage, which could help many RE100 members with offices or warehouses to get closer to their 100% goal in the US.


    Supply chains: RE100 report available in Mandarin

    Our Going Beyond report is now available in Mandarin. The report gathers the experiences and guidance of three RE100 members – Apple, BT Group and IKEA Group – to demonstrate what companies can do to overcome challenges and engage their suppliers in the transition to 100% renewable power. A big thank you to Apple for arranging translation.

    Dates for your diaries

    March 5, 2018: Corporate Renewable Energy Sourcing – The Future of PPAs in Europe, webinar. The Re-Source Platform, of which RE100 is a founding partner, will update on the EU Clean Energy Package and present solutions to policy barriers. Speakers include Royal Philips. Click here to register.

    March 13-14, 2018:  REC Market Meeting 2018, Amsterdam, Netherlands - This is the global expert meeting on energy attribute tracking systems, bringing together market players, government officials and other stakeholders active in developing renewable energy markets. Speakers to include ING, Philips Lighting and other RE100 members.     

    March 14-15, 2018: Solar Power Summit 2018, Brussels, Belgium – This is a unique opportunity to discuss policy, business and technology changes in the solar sector, identify market trends and opportunities, and network with renowned sector analysts, experts and key industry stakeholders. To register click here.

    March 19-20: Chatham House’s Energy Transitions 2018, London: this third annual conference will bring together leading policy-makers, business leaders and industry experts to assess the potential for new leadership in the transition towards a low carbon future. Sam Kimmins, Head of RE100 at The Climate Group, will be on a panel. Register here to attend.

    Coming soon

    Climate Week NYC (September 24-30, 2018) will once again provide RE100 members the opportunity to showcase climate action. To find out how you can get involved visit

    RE-Source 2018, Amsterdam (November 20-21, 2018) will bring together multinational corporations, renewable energy developers and senior decision-makes to raise awareness, exchange information and facilitate connections.

  • Japan's Daiwa House joins both RE100 and EP100, commits to bold climate goals by 2040

    Japan's largest homebuilder Daiwa House Industry joins today the RE100 and EP100 programs, both committing to source its electricity use from 100% renewable energy sources by 2040 and doubling the energy productivity of its business activities by the same date.

    Daiwa House Industry is the first Japanese company to join EP100 and the first construction company to join both campaigns at the same time. Mike Peirce, Corporate Partnerships Director, The Climate Group, said: “Congratulations to Daiwa House – today’s announcement is a double first for Japan and the entire construction sector.”

    “Daiwa House has put cleaner, smarter energy at the heart of its business strategy, knowing it will bring down emissions and boost the bottom line. By committing to EP100 and RE100, and investing in renewable energy generation, storage and innovative technologies, the company is demonstrating tangible leadership to its customers and peers."

    Image courtesy of Daiwa House Group

    Zero environmental impact

    Daiwa House Group is already on this pathway with its long-term environmental vision, called “Challenge Zero 2055”: by that date, the company’s centennial, the group aims to achieve zero environmental impact.

    Tackling and preventing climate change is one of the pillars of this strategy: since 2007, the company has been using its own unused land to deploy wind, solar and hydro renewable energy resources – a move that has produced 227 megawatts of renewable energy, about 60% of the company’s total electricity usage.

    Daiwa House Group’s renewable portfolio ranges from its own wind power plant in Satamisaki, a structure with a capacity of 9,000 kilowatts, to solar photovoltaic systems on the roofs of the company’s facilities and unused land. Daiwa House has also developed a hydroelectric power plant in Miyagawa in 2015, and this year has just started the construction of a 16 megawatts wind power plant in Seiyo.

    The renewable energy and energy productivity goals set as part of the RE100 commitments are crucial to Daiwa House’s goal to achieve net-zero electricity consumption by 2030 and net-zero CO2 emissions for the entire group by 2055.

    Last Monday, the company has also opened Japan’s first office building fully powered with solar energy, powered by 320 solar panels on the roof backed by lithium-ion batteries, with an energy efficiency of more than twice that of a conventional construction.

    During COP21 in 2015, Japan pledged to reduce its emissions by 26% below 2013 levels in 2030 (a 18% reduction from 1990 levels) as part of the Paris Agreement on climate, and it has also a goal to reduce its greenhouse gases emissions by 80% from current levels by 2050.

    However, these goals are still largely insufficient to keep global warming below 2 degrees Celsius – the established limit to avoid catastrophic effects of climate change. RE100 and EP100 are instrumental to step-up business commitments, which can deliver crucial emissions reduction while transforming the market towards a more sustainable, prosperous economy for all.

  • Visa joins RE100 committing to go 100% renewable by the end of 2019

    Digital payments multinational Visa has joined RE100 today, committing to use 100% renewable electricity across its global operations by the end of 2019.

    RE100 is led by The Climate Group in partnership with CDP, to scale-up corporate demand for renewables in the global energy market – showcasing the business case for action and overcoming barriers to accelerate a zero emissions economy.

    “We congratulate Visa on joining RE100 with an ambitious 100% renewable electricity goal and for demonstrating leadership by working with key stakeholders to build local renewable electricity markets,” said Sam KimminsHead of RE100The Climate Group.

    Visa’s commitment was announced during the Climate Leadership Conference in Denver, Colorado, US, where the company also joined the Business Renewables Center and become a signatory to the Corporate Renewable Energy Buyers’ Principles.

    “We are proud to play a role in driving the adoption of renewable energy,” said Al KellyChief Executive OfficerVisa. “For Visa, this announcement is an example of our longstanding commitment to operate as a responsible, ethical and sustainable company, while fostering economic growth."

    A clean roadmap

    To date, about 35% of Visa’s global electricity consumption comes from a mix of renewable energy sources, with three quarters of its greenhouse gas emissions originating from the company’s data centers and office buildings.

    Helping to make its bold 100% renewables target easier to reach, Visa has been implementing a range of smart solutions to reduce its energy consumption, from efficient lighting and controls to improvements to its data center infrastructure.

    The company is also working with local utilities and electricity market providers to purchase renewables where possible.

    RE100’s recent report “Approaching a tipping point” shows how power purchase agreements are becoming more and more popular among RE100 members, with the proportion of renewable electricity being sourced this way growing fourfold in 2016.

    In particular, RE100 members in the US generated the greatest increase in PPAs that year, thanks to falling costs and a favorable legislative framework.

    “Visa’s commitment to renewable electricity does not end at our front door,” said Douglas Sabovice president and head of Corporate Responsibility and PhilanthropyVisa. “We aim to support broader industry progress in this area by joining the Business Renewables Center as well as signing on to the Renewable Energy Buyers’ Principles.”

    The company will invest in renewables particularly in the US and UK, where four facilities account for 80% of its global electricity use.

    See the full list of RE100 companies here.

  • Newsletter: member progress, growing demand and Climate Week NYC 2018

    RE100 companies accelerating a clean economy - new report

    RE100 members are actively reshaping the energy market through their global investment decisions, our new Progress and Insights Report shows. ‘Approaching a tipping point: how corporate users are redefining global electricity markets’ reveals that RE100 members’ collective electricity demand is now equivalent to the 24th country worldwide. The report tracks progress made by members in 2016-17, and offers insight into emerging global and regional trends. Media highlights include the Financial Times, Forbes, and Euractiv. Watch this video of Helen Clarkson, CEO, The Climate Group and read this blog by CDP's CEO Paul Simpson.

    Five new members announced 

    T-Mobile, Danone, Reckitt Benckiser, Hatsun Agro Products and Canary Wharf Group have joined RE100. T-Mobile expects to save US$100 million on energy bills over the next 15 years. Danone is working to be carbon neutral by 2050. Hatsun Agro Products – India’s largest private dairy – is already over 80% renewable. RE100 now has 123 members and is growing fast.

    AB InBev’s Budweiser launches renewable electricity label

    Budweisers sold globally are to feature a symbol letting consumers know when the beer has been brewed using 100% renewable electricity. The move comes as part of parent company AB InBev's RE100 commitment. Read this blog to find out more.

    Nike goes 100% renewable in North America

    Nike will soon achieve more than half of its RE100 commitment by going 100% renewable across North America. The company has signed a new contract for wind power in Texas, US. This is Nike’s second power purchase agreement – an increasingly common approach for leading businesses, according to our new RE100 report.

    Sourcing certificates in Taiwan: knowledge sharing webinar

    The Taiwan Institute of Economic Research (TIER) presented information and guidance around the Taiwan Renewable Energy Certification (T-REC).

    EU and US policy updates

    The European Parliament has voted in favour of a binding 35% renewable energy goal for 2030. This follows significant outreach by RE100 and our members. RE100 members also wrote to Energy Ministers to call for a more supportive policy framework for renewables. Meanwhile in the US, the Federal Energy Regulatory Commission (FERC) rejected a plan by the Trump administration to bolster coal-fired power plants. Several RE100 members actively voiced their opposition to the plan through a letter.

    Coming soon

    Climate Week NYC (September 24-30, 2018) will once again provide RE100 members the opportunity to showcase climate action. To find out how you can get involved visit or contact us here. 

  • ‘Magenta goes green’: T-Mobile joins RE100 and targets 100% renewable electricity by 2021

    Wireless network operator T-Mobile US, Inc. is the latest leading company to join The Climate Group and CDP’s RE100 campaign, with a commitment to achieving 100% renewable electricity by 2021.

    The American ‘Un-carrier’ has also unveiled a new contract for sourcing 160 MW of wind power from Infinity Renewables’ Solomon Forks Wind Project in Kansas, US, with power generation due to begin in early 2019.

    This is the company’s second major power project, after the Red Dirt Wind Power Project in Oklahoma went on line in December. Combined, the two wind farms will add 320 MW of renewable energy capacity for T-Mobile US; enough to meet 60% of its electricity needs.

    “It’s the Un-carrier way to do the right thing by our customers, and moving to renewable energy is just a natural part of that,” said John Legere, President and CEO of T-Mobile US.

    “And it’s not just the right thing to do – it’s smart business! We expect to cut T-Mobile’s energy costs by around US$100 million in the next 15 years thanks to this move. Imagine the awesome things we can do for our customers with that!” 

    RE100 members' electricity use in North America

    Ambitious sourcing strategy

    Going 100% renewable by 2021 will put T-Mobile at the forefront of the energy transition being driven by RE100 members in the US, where on average, they now are sourcing 25% renewable electricity.

    T-Mobile US has a clear strategy to achieve its RE100 commitment. The company aims to buy enough wind power annually to account for every unit of electricity it consumes in the US, with the total amount greater than the global electricity consumption of many RE100 members.

    T-Mobile US is focused on creating new energy from renewable sources, buying only from projects that wouldn’t exist without the company’s involvement – a growing trend identified in last week’s RE100 Progress and Insights Report

    “It’s great to see T-Mobile US shifting to renewables for its power consumption,” said Sam Kimmins, Head of RE100, The Climate Group.

    “As a large electricity consumer in the US, they can truly transform energy systems by bringing significant renewable capacity online – all of that while delivering real value to their customers. I congratulate them for a great commitment."

    The growth of PPAs

    T-Mobile US is one of many RE100 members increasingly opting to sign power purchase agreements (PPAs) in the US. The new RE100 new report shows that, thanks to the falling costs of renewable energy technology, there is a notable shift away from renewable energy attribute certificates towards direct sourcing of renewables.

    The proportion of renewable electricity that RE100 members are sourcing through PPAs grew fourfold in 2016, now representing 20% of total electricity consumption in the US.

    Increase in PPAs by RE100 members

    The business case for action

    T-Mobile US recognizes that going 100% renewable is a smart business decision. Last year, RE100 surveyed its members extensively about the drivers and benefits of their energy sourcing strategies, and found that for 88% of respondents, the economics of renewable electricity was a key factor.

    “Large electricity users like T-Mobile US forecasting significant costs savings shows there’s every reason to take the highest level of action on renewables,” said Constant Alarcon, RE100 Campaign Manager, The Climate Group.

    “Four out of ten companies who replied to our survey said renewable electricity was cost competitive or even delivered cost savings on energy bills. With the costs of renewable energy technology still falling, these benefits are encouraging other forward-thinking businesses to follow.”


    Drivers for action as identified by RE100 members

    An ever-growing movement

    T-Mobile US becomes the 123rd member of RE100, and takes the total renewable electricity demand being created by the group to over 161 TWh – more than enough to power Egypt or Poland. 

    For the full list of members, visit

  • Blog: We want 41 million conversations about climate change - Budweiser

    As business and government leaders gather in Davos to discuss the delivery of a sustainable economy, Brian Perkins, Global VP, Budweiser blogs on the launch of a new 100% renewable electricity label, as part of AB InBev's journey to go 100% renewable.

    At Budweiser, we are passionate about brewing the highest quality beer – a product that relies on natural ingredients. So, for us, climate change matters. 

    That’s why last year, our parent company, AB InBev, pledged to secure 100% of purchased electricity from renewable sources by 2025.  As a company operating in over 40 markets around the world, this shift to renewables has the potential to drive a remarkable transformation in infrastructure, not only in the US and Europe, but also across emerging nations around the world.

    Of course, we know that we are not alone on this journey, and we’re proud to be among the 122 companies that are part of RE100. The remarkable progress made by this collective has caught the attention of the business world, governments, NGOs and sustainability professionals.

    The results are already tangible. For AB Inbev, it has led to the launch of Enel Green Power's Thunder Ranch Wind Farm in Oklahoma with its 300 MW capacity that will power 100% of the renewable electricity demand needed to brew Budweiser in the US.

    Engaging consumers

    Yet there is one important group who have been largely omitted from the conversation about this change: the consumer.

    Here at Budweiser, we pride ourselves on our close relationship with our consumers and we know they care about climate change and want to act.  This was evident in our research in the US, Canada, China, Brazil and India. But that research also shows that consumers feel powerless to do anything.

    Not everyone has access to electric vehicles; not everyone – yet – has access to solar panels to power their homes and livelihoods. But, millions of people do come together to have a beer every day. This was our light bulb moment.

    We sell around 41 million bottles of Budweiser per day. That’s an opportunity for 41 million potential conversations about climate change and the possibility of making better purchasing choices!

    That’s why we decided to use the reach of our brand and put a symbol on the label of every Budweiser we sell when that country hits 1oo% renewable electricity in their Budweiser brewing operations.

    Global roll-out

    The labels will appear first in the United States beginning in spring 2018 - the first country where our beer will be brewed using 100% renewable electricity - before spreading from nation to nation as we hit our 100% renewable electricity targets in each market.

    We’ve also recognized that this is not only an opportunity for us, but for brands around the world. So, we are encouraging others to adopt the label on any product that is made with 100% renewable electricity, that way we can all help build a movement that will celebrate renewable electricity as a way of tackling climate change. 

    Of course, we’re not claiming to have all the answers.  That’s why we’re consulting leaders in sustainability, including our friends at The Climate Group. We are also working with Accenture to develop independent strategic guidelines on how this simple symbol can be adopted by other brands.

    But, by launching this week at the World Economic Forum in Davos alongside former UN Climate Chief Christiana Figueres, the convenor of the global initiative Mission 2020, we want to further raise awareness of renewable electricity in conjunction with other leading NGOs and seek a coalition with other brands to help us deliver this.

    It is a simple idea, but we’re convinced of the importance of renewable electricity, and we’re very proud to say that our association with RE100 is a major part of that journey.

    AB InBev joined RE100 in March 2017 and is committed to sourcing 100% renewable electricity across its global operations.

  • AB InBev takes step forward on renewables as Budweiser announces renewable electricity label

    Budweisers sold globally are to feature a symbol letting consumers know when the beer has been brewed using 100% renewable electricity. The move comes as parent company AB InBev, the world’s biggest brewer, works towards its RE100 commitment to source 100% renewable electricity worldwide by 2025.

    “Leading companies know it makes business sense to switch to renewables and cut greenhouse emissions,” said Helen Clarkson, Chief Executive Officer, The Climate Group, which delivers the RE100 initiative in partnership with CDP.

    “But to deliver on the Paris Agreement, we need to go further and faster,” she continued. “I am delighted to see that Budweiser is taking a leading position on renewable electricity as part of AB Inbev’s commitment to going 100% renewable through the RE100 campaign.”

    Budweiser will launch the new symbol today in Davos, where the World Economic Forum Annual Meeting is underway. It will appear on the label of every Budweiser brewed in the US beginning in spring 2018, using electricity sourced from a wind farm in Oklahoma through an agreement with Enel Green Power.

    Budweiser aims to roll out the symbol globally by 2025, to help raise awareness of renewable energy among consumers. The company estimates that the new symbol will reach millions of people in the US alone, and that when rolled out globally, 41 million Budweisers sold each day will create annual emissions savings equivalent to taking 48,000 passenger cards off the road for a year.

    “We know that climate change is an important issue for consumers,” said Brian Perkins, Global VP, Budweiser, blogging from Davos. “However, they aren’t sure how their everyday actions can make a difference. The renewable electricity symbol enables consumers to make smarter everyday choices that can have a positive, meaningful impact.”

    Peter Lacy, Global Managing Director of Growth, Strategy & Sustainability, Accenture, added: “We’re proud to work with Budweiser on this innovative ambition. We know that consumers are key to a sustainable economy and we encourage other consumer goods brands to celebrate their own journeys to renewable electricity.”

    AB InBev joined RE100 in March 2017, when the brewer also signed a major power purchase agreement in Mexico, home to its largest brewery. This features in RE100’s new Progress and Insights Report, which shows a rise in companies signing power purchase agreements in 2016-17. AB InBev expects to obtain 75%-85% of its total purchased electricity this way.

    Download the full report here.

  • World-leading multinationals accelerating a clean economy - new RE100 report

    A rapidly growing group of ambitious multinational businesses are actively reshaping the energy market through their global investment decisions and accelerating a zero emissions economy.

    Approaching a tipping point: how corporate users are redefining global electricity markets’, a new report from RE100 – a global corporate leadership initiative led by The Climate Group in partnership with CDP – tracks progress made in 2016-17 by companies committed to 100% renewable power.

    The report also provides insight into emerging trends in corporate sourcing of renewables around the world, with 122 RE100 members operating in 122 countries averaging 1.3 times more renewables in their electricity mix than the global rate of renewable electricity use. 

    RE100 members have a collective revenue of over US$2.75 trillion and operations spanning six continents. Together they represent over 159TWh of demand for renewable electricity – more than enough to power Malaysia, New York State or Poland, and equivalent to the 24th largest electricity demand of all countries.

    Specific findings in the report include:

    • 25 members had reached 100% renewable electricity by the end of 2016, with Autodesk, Elopak, Interface, Marks and Spencer and Sky reaching this goal during 2016, while Equinix and Kingspan surpassed their interim targets during the same year;
    • The biggest achievers in 2016 included Bank of America, Astra Zeneca and Coca Cola Enterprises Inc., whose share of renewable electricity increased more than threefold;
    • Thanks to falling costs of renewable energy technology, there is a notable shift away from renewable energy attribute certificates towards direct sourcing of renewables – meaning that increasingly, members are directly growing renewable energy capacity. The proportion of renewable electricity being sourced via power purchase agreements grew fourfold in 2016, while the quantity of electricity sourced from onsite generation increased x15 (via supplier-owned projects) and x9 (via member-owned projects);
    • 88% of respondents cited the compelling economic case for renewable electricity as a major driver – with 30 out of 74 reporting that renewable electricity was either cost competitive or delivered significant savings on energy bills;
    • Policy barriers represent the most common challenge for RE100 companies, alongside a lack of availability of suitable contracts or certificates in some markets.

    The report comes as government and business leaders gather at the World Economic Forum Annual Meeting in Davos, Switzerland, to discuss pathways to a sustainable economy, and a few days after Nike signed its second major wind contract, in Texas, US, that will take the company more than half way to reaching 100% renewable electricity globally as part of RE100.

    Helen Clarkson, Chief Executive Officer, The Climate Group, said: “I’d like to congratulate every RE100 member accelerating the roll-out of renewable energy through their investment decisions. Their leadership is vital for overcoming policy challenges, shifting global markets, and inspiring many more companies to reap the economic benefits of renewable electricity. Rapidly growing demand from world-leading RE100 companies – and increasingly their suppliers and peers – means governments can confidently look to ratchet up targets in 2020 for slashing greenhouse emissions, to deliver on the Paris Agreement.”


    Paul Simpson, Chief Executive Officer, CDP, who has blogged on renewable energy becoming the new normal for businesses, said: “CDP data shows a jump in renewable energy procurement and that motivations are not only environmental but economic. With nearly 90% of companies driven by the economic case for renewables, this demonstrates a fast approaching tipping point in the transition to a zero-carbon economy.  These companies prove that energy is becoming a board level issue across the globe and sustainability is essential for future business security. Now, it’s time to tip the balance and make 100% renewable the new normal.”

    Regional trends

    The report also shows key findings by region:

    • In Europe, renewable energy has been the main source of electricity for RE100 members for the second year running. However, the lucrative PPA market is largely untapped; EU policy makers have an opportunity unlock its full potential through the next phase of the Renewable Energy Directive;

    • In the US, we have seen a major increase in the use of PPAs by RE100 members, with continued momentum on renewable electricity sourcing by major businesses, despite political uncertainty;

    • In India, the amount of renewable electricity consumed by our members has more than tripled, thanks to falling costs. The diversity of ways in which companies are sourcing renewables has also increased.

    New members

    Today, The Climate Group announced three new joiners to the RE100 campaign; Danone SA, Reckitt Benckiser Group plc, and Hatsun Agro Products Ltd.

    The leading global food company Danone is targeting 100% renewable electricity by 2030 (50% by 2020). In September last year the company revealed its new evian bottling site in France, the largest food production site to achieve carbon neutrality and completely powered by renewable electricity.

    Katharina Stenholm, Senior Vice President and Chief Cycles and Procurement Officer, Danone, said: "The transition to renewable electricity is a key lever to help Danone strengthen efficiency and achieve our commitment to being carbon neutral by 2050. Our first milestone will be to reach 50% of renewable electricity by 2020. We are therefore delighted to join the RE100 initiative. We look forward to working with other companies to show that green energy is good for the environment and good for business."

    British consumer goods group Reckitt Benckiser Group plc – which owns ‘Powerbrands’ such as Durex, Air Wick and Dettol – has also committed to sourcing 100% renewable electricity by 2030.

    Hatsun Agro Products Ltd, India’s largest private dairy, has committed to a 2032 target. Already sourcing over 80% of its global electricity consumption from renewable sources, the company aims to reach 100% by investing in solar and wind energy and converting diesel generators into lithium storage batteries for maximising its use of renewable power.

    RG Chandramogan, Chairman and Managing Director, Hatsun Agro Products Ltd, said: “Our mission to leave the world in a better place for future generations is at the heart of our business strategy. That’s why we’ve joined the global RE100 campaign alongside other forward-thinking companies, in our commitment to source 100% renewable electricity – by 2032. Thanks to our investments in wind and solar power, we’re already more than 80% renewable. We hope that many other businesses follow suit.”

    Download the full report here.