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.
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 climateweeknyc.org or contact us here.
Latest from Twitter
More exciting news from Japan - the Japanese Environment Ministry has followed @MofaJapan_en and set a target to so… https://t.co/S94wp8lS1x16 hours ago
Congratulations to @Pru_UK on joining #RE100 with a commitment to source 100% renewable electricity by 2025… https://t.co/rk37H3tJVu6 days ago
Are you a driven individual with a passion for coalition building and the clean energy transition? @ClimateGroup is… https://t.co/LFrrfb7M4t6 days ago