News

  • Major companies call for ambitious 2030 renewable electricity targets in Japan

    • 20 major companies sign ground-breaking call to action to policy makers on accelerating the switch to renewable electricity
    • All state that enabling a switch to renewables is essential to improving their corporate competitiveness in the global economy
    • All signatories are committed to 100% renewable power and are members of The Climate Group’s global corporate leadership initiative RE100

    20 major companies have called on the Japanese government to set an ambitious target of sourcing at least 50% of its electricity from renewables by 2030 – more than double its current ambition (22-24%). 19 of these companies are from Japan and include the likes of Sony Corporation, AEON and Fujitsu (a full list of signatories is included below).

    The unprecedented call to action was launched at a renewable energy summit in Tokyo, organised by the Japan Climate Leaders Partnership(JCLP) and attended by the Minister of the Environment Yoshiaki Harada and the Mayor of Yokohama Fumiko Hayashi, and over 500 professionals. The policy asks include:

    • A more ambitious national renewable electricity target of 50% by 2030 to give consumers and developers long-term certainty on their energy strategy;
    • An in-depth assessment of the wider benefits of switching to renewable energy (such as increasing energy security) in Japan – to be shared publicly;
    • A favourable policy environment that brings the cost of renewables in line with other G20 governments;
    • Power purchase agreements (PPAs) to be made easier to enable corporates to buy renewable electricity over the long-term at a guaranteed price – these are becoming an increasingly popular and successful strategy for companies around the world and directly add renewable capacity to the grid.

    The full policy proposal is available here

    These companies are members of the global corporate leadership initiative RE100, led by international non-profit, The Climate Group in partnership with CDP. The initiative aims to bring together some of the world’s most influential companies committed to sourcing 100% renewable electricity in their global operations. JCLP acts as a regional delivery partner for The Climate Group.

    Speaking at the event in Tokyo, Constant Alarcon, RE100 Campaign ManagerThe Climate Group, said:

    These companies realize that in order to remain competitive in a globalized economy, they must embrace a low carbon future. We are excited by the leadership demonstrated by these companies in today’s call for an ambitious 2030 renewables targets and efficient market mechanisms to help companies reach their RE100 commitment. By working hand-in hand with the government, Japanese companies can drive greater demand for renewables and deliver the clean economy of tomorrow.”

    In the last two years 19 Japanese companies have signed up to RE100, making it the fastest growing country within the membership. However, renewables remain hard and expensive to source in Japan compared to other G20 nations, as the country remains strongly dependent on imported fossil fuels and is the last G7 country building new coal plants.

    But the natural resources that exist domestically can help Japan to scale up the availability of  renewables, strengthening national security, improving resilience and cleaning up the air.

    At the event, Sekisui House, Ricoh, Apple, AEON and Fuyo General Lease - all signatories of today's proposal - spoke on the importance of Japan raising its ambition on renewables and explained why they joined the RE100 initiative. 

  • Barclays commits to source 100% renewable electricity for its global operations by 2030

    Barclays, the transatlantic consumer and wholesale bank, has joined RE100 with a commitment to source 100% renewable electricity for its global operations by 2030, with an interim goal of 90% by 2025.

    This will see Barclays l reduce its global emissions by 80% by 2025, once the interim target has been reached.

    RE100 is a global leadership initiative led by The Climate Group in partnership with CDP, which now brings together more than 170 leading companies committed to sourcing 100% renewable electricity – massively scaling up demand for clean power.

    Sam Kimmins, Head of RE100, The Climate Group, said: “When one of the world’s largest banking institutions commits to 100% renewable electricity, the message is clear – sourcing clean power makes financial sense.”

    Elsa Palanza, Global Head of Sustainability & Citizenship, Barclays, said: “Banks have broad environmental and social impact – both through our own operational footprint, as well as through the ways that we mobilize capital, advise clients and develop products.

    “Joining RE100 and committing to sourcing 100% of our electricity needs from renewable sources enables us to minimize our direct carbon emissions while we continue to work with our clients to help facilitate the global transition to less carbon intensive sources of energy”.

    More renewables on the grid

    To meet its RE100 target, Barclays will focus its efforts on adding additional renewable energy capacity to the market by signing power purchase agreements (PPAs) with energy suppliers. The UK and US will be main focus points, as they represent over 70% of the company’s footprint.

    Al Williams, Barclays Chief Procurement Officer, said: “Companies have a crucial part to play in taking active steps to transition towards a low carbon economy. Our Procurement teams will be supporting our renewable energy strategy to meet the Bank’s RE100 commitments through negotiating our energy purchasing contracts and procuring energy from renewable generation sources.”

    According to the latest RE100 Progress and Insights Annual Report, PPAs are growing in popularity as renewable sourcing strategies, and in 2017 represented 16% of renewable electricity consumed by RE100 member companies. They are seeing particular growth in the US and India, where PPAs account for 20% and 17% of renewable electricity sourced by RE100 members respectively.

    “The RE100 initiative is a great way to invest in renewable technology while also reducing our environmental footprint, energy costs and enhancing the resilience of our electricity supply to allow us to serve our customers and clients,” added Williams.

    To find out more about RE100 members, click here.

  • Winds of change as Mars goes 100% renewable in Mexico from wind farm in Yucatán

    RE100 member Mars, Inc. is set to be powered by 100% renewable electricity for its operations in Mexico, as the company signs a new power purchase agreement (PPA) for energy from a wind farm in Yucatán.

    Mars was the one of the first members of RE100, the global business initiative on 100% renewable power, led by The Climate Group in partnership with CDP. The consumer goods giant set a target to achieve 100% renewable electricity globally by 2040, and its regional operations are already powering ahead on the goal. Nine locations beyond Mexico also run fully on clean power, including Poland, Spain, the US and Lithuania.

    Amy Davidsen, Executive Director – North America, The Climate Group, said: “Congratulations to Mars which, as the first North American company to join RE100 nearly five years ago, continues to lead the way on renewable energy by investing in wind projects around the world.

    “We are excited to learn of this new project in Yucatán, Mexico, a state government committed to reducing its emissions as part of the Under2 Coalition. Companies and local governments can work together to build renewable energy capacity, accelerate the shift away from fossil fuels, and tackle climate change.”

    Eduardo González, Manufacturing Director for Mars Latin America, said “Mars is thrilled to be flipping the switch to wind energy. Today, here in Mexico, we are taking a stand on climate change. Among our goals: reducing GHG emissions across our global value chain by 27 percent by 2025 and 67 percent by 2050 in order to do our part to keep the planet from warming beyond two degrees.”

    Mexican leadership across the board

    Mars has signed its new PPA with Vive Energía and Envision Energy to supply the electricity required for its six Mexico-based confectionery and pet food facilities. The wind farm is located in Yucatan and will allow Mars Mexico to reduce its GHG emissions by 40% by 2020.

    Yucatán is also a member of the Under2 Coalition – for which The Climate Group acts as Secretariat – alongside 15 other Mexican regions. In last year’s Annual Disclosure Report, Yucatán declared a target to reduce GHG emissions by 40% by 2030, from its 2005 level.

    The state is also tackling the impacts of climate change through collaboration with peers. Yucatán, Quintana Roo and Campeche are all members of the Under2 Coalition and make up the Yucatán Peninsula.

    They have signed an inter-state agreement to work together against the impacts of climate change by creating the Yucatan Peninsula Climate Action Fund, with the aim of attracting, managing and distributing funding for mitigation and adaptation to the impacts of climate change in the peninsula.

    Read more about the RE100 initiative and the Under2 Coalition.

     

     

  • Newsletter: Growing Australian leadership, annual reporting and upcoming events

    Major bank Westpac, tech company Atlassian and Bank Australia are the latest Australian companies to join RE100. We hosted an update webinar to share our plans for 2019, and the annual reporting cycle has started, which will inform our Progress and Insights Report later this year. Read on for more of our latest news, including an overview of key upcoming events.


    Momentum picks up in Australia

    Australian companies Atlassian, Westpac and Bank Australia have joined RE100. Other new members include Bozzuto, Tokyu Land Corporation, The Wonderful Company, BayWa AG, and FUJIFILM Holdings.

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    RBS and Landsec demonstrate leadership

    RE100 members RBS and Landsec are the first companies to join all three of The Climate Group’s corporate initiatives; RE100, EV100 and EP100, making impactful commitments across renewables, electric vehicles and energy productivity.

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    Watch our latest campaign update webinar

     Our latest RE100 webinar provided an overview of our plans for 2019 and how members can get more closely involved. Please contact info@re100.org if you are an RE100 member and would like to watch the recording.

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    Showcase your progress through reporting

    Members are reminded to complete their RE100 reporting by July 31. See our Reporting Guidance and watch our webinar for support. Contact re100@CDP.net for the webinar recording password and with any questions. Results will inform our next Progress and Insights Report.

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    Member news

    Adobe held a design challenge day with The Climate Group for its employees to explore how companies can advance the clean energy transition.

    Apple
    is now working with 44 of its suppliers to grow renewable energy uptake.

    HP brought forwards its target
    to reach 60% renewable electricity by 2025 and 100% by 2035.

    Ingka Group
     (formerly IKEA Group) hosted ONE HOME, ONE PLANET, inviting sustainability leaders to explore a range of themes across sustainable retail.

    Iron Mountain will soon power its Texas and Illinois facilities with 100% renewable power, Microsoft announced new solar and wind projects in Ohio and North Carolina and Starbucks is investing in solar across Texas.

    Walmart
    has completed contracts for 136 new wind and solar projects over the past year, equivalent to over 260,000 homes’ electricity usage.


    To find out about our events and webinars, go to www.there100.org/events

  • RE100 members take new steps to drive the transition to a clean economy

    Current RE100 members RBS and Landsec have shown additional climate leadership by taking ambitious steps across electric transport and energy efficiency as part of The Climate Group's EV100 and EP100 initiatives. Alongside the shift to renewable energy, these are critical areas for delivering a clean economy by 2050.

    Already committed to 100% renewable electricity as part of RE100, which is led by The Climate Group in partnership with CDP, RBS has now announced it will switch 300 vehicles to electric and encourage staff uptake of EVs via 600 additional charge points by 2030, as a member of EV100. Under EP100, which is delivered in partnership with the Alliance to Save Energy, the bank will also improve its energy productivity by 40% by 2025 against its 2015 baseline. 

    Landsec, one of the largest commercial property development and investment companies in the UK, will increase the number of EV charge points across its portfolio to over 300 by the end of 2019, as a new member of EV100. The company has been a member of EP100 since 2017 and is committed to doubling its energy productivity within 20 years from 2014 levels.  

    Both companies are progressing well towards their RE100 goals. Landsec is already consuming over 95% of its electricity from renewable sources and RBS is almost 75% of the way there, having already achieved 100% renewable electricity in the UK and Ireland. 

    Mike Peirce, Corporate Partnerships Director, The Climate Group, said, "Congratulations to RBS and Landsec on showing it is already possible for the private sector to go further and faster in driving the clean energy transition. As climate change increasingly poses a threat to our economy and more importantly human lives, this is what now defines corporate leadership." 

    Laura Barlow, Sustainable Energy Sponsor and Head of Large Corporates and Institutions, RBS, said:

    “At RBS, we recognise the urgency of action around climate change and managing our own footprint is a significant aspect of that. Through procuring 100% renewable electricity, improving our energy productivity and decarbonising transportation we are able to contribute to global efforts to achieve the Paris Agreement goals.

    “We are pleased to be able to show leadership in becoming one of the first organisations to commit to all three of The Climate Group’s campaigns and encourage our customers and colleagues to make the same transition towards a low carbon economy.”

    Caroline Hill, Head of Sustainability and Public Affairs, Landsec, said, “We are also delighted to be named as one of the first companies to join all three of The Climate Group’s business initiatives, following our previous commitments to procuring 100% renewable power and doubling our energy productivity.”

    To find out more about ambitious steps companies can take on renewable power specifically, read our leadership paper.

  • Atlassian takes lead on 100% renewable power, becomes first Australian tech company to join RE100

    Atlassian has become the first Australian tech company to join the RE100 initiative, targeting 100% renewable electricity for its global operations by 2025.

    Led by The Climate Group in partnership with CDP, RE100 now brings together more than 170 of the world’s most influential businesses committed to 100% renewable electricity.

    Sam Kimmins, Head of RE100, The Climate Group, said: “As the first Australian tech company to join RE100, Atlassian is leading the way in the growing corporate push for clean power in Australia. With the price of wind and solar continuing to rapidly fall, sourcing renewables is a win-win for both emission reduction and benefits to bottom line – showing that ambitious targets for 100% renewable electricity simply make business sense. “

    Mike Cannon-Brooks, CEO, Atlassian, said: “This is a massive commitment. And it's a super-complex goal to meet. We have 3000 Atlassians, across ten locations, in seven countries around the world. In a company of this size, action like this is not easy. But we’re doing this because it’s the right thing to do.”

    To meet its RE100 target, Atlassian will work with energy providers to directly purchase renewables for its operations. The company already sources 100% renewable power for its Mountain View office in California.

    Where working directly with suppliers to source renewable energy is not yet possible, Atlassian will purchase Energy Attribute Certificates or Renewable Energy Certificates equivalent to 100% of energy consumption.

    Atlassian will also focus on cutting reducing energy use in its buildings, ensuring the renewable electricity it sources is as efficiently used as possible. This process involves both innovation and behavioral change, such as designing workspaces that reduce the need for artificial light and encourage employees to reduce waste. 

     The potential for corporate sourcing of renewables in Australia continues to grow as investment in clean power ramps up. In 2018, renewables investment in Australia totaled more than AUD$ 20 billion.

  • Australian businesses must seize opportunity to lead in clean economy, says Bank Australia

    Sydney, Australia: Going all in on renewable power is a smart business decision, says Bank Australia as it calls on more companies to seize the opportunity to lead the growing corporate push for clean energy in Australia.

    The call comes as Bank Australia joins RE100, the global business initiative on 100% renewable power led by The Climate Group, the international non-profit committed to accelerating climate action, in partnership with CDP.

    By joining a global movement on renewables and calling for others to follow, the company will have greater impact on driving the shift to clean energy markets and deliver on its existing commitment to source 100% renewable electricity by 2020.

    Through its commitment, Bank Australia will cut its global emissions by more than half while securing electricity at low cost and responding to customer demand for leadership in growing renewable power markets.

    Bank Australia has already seen significant financial benefits from its existing renewable projects as the price of renewable energy has fallen. In 2015, the company doubled the size of its existing solar rooftop project on its Victoria headquarters for a quarter of the original price.

    Sam Kimmins, Head of RE100, The Climate Group, said: “As global renewable energy prices continue to drop, Australian companies are waking up to the business benefits of sourcing clean power. With the country currently at a crossroads between the fossil fuel sources of the past and the clean energy systems of tomorrow, businesses are starting to lead the way.

    “Bank Australia is already reaping the financial rewards of its investment in renewable electricity. By joining RE100 and calling on other Australian companies to do the same, the company is now sending a clear message that renewables are the fair, clean and cheap power sources of the future.” 

    Damien Walsh, Bank Australia Managing Director, said: “Clear action on climate change is something our customers expect of us, and it’s a key reason people join Bank Australia. We’ve been working towards 100% renewable electricity since 2015, so we’re pleased to sign up to RE100 and encourage other businesses in Australia to do the same.”

    Jon Dee, RE100 Australia Coordinator, who is helping The Climate Group with the development of RE100 in Australia, said: “Australian companies are starting to see the bottom line benefits of renewable energy. Research shows that a well-negotiated power purchase agreement can potentially provide savings between 15-47% on the energy component of a typical electricity bill. If more companies make the switch to renewable energy, it could have significant benefits across the Australian economy.”

    The potential for corporate sourcing of renewables in Australia continues to grow as investment in clean power ramps up. In 2018, renewables investment in Australia totalled more than AUD$ 20 billion.

    Australia could be powered by 100% renewables by 2032 at current rate of solar and wind installation, say researchers at Australian National University.

  • “Renewable energy is the future of business”: Remi Lee, CSO, TCI

    Business is starting to play an important role in developing the Taiwanese market for corporate renewables sourcing. Here, Remi Lee, Chief Sustainability Officer at RE100 and EP100 member TCI shares why sourcing 100% renewable electricity makes business sense.

    What were the drivers for joining RE100?

    “We wanted to commit to 100% renewable electricity to walk the talk on sustainability. Our products aim to help make people’s lives better and we want to embody that vision across all our operations.

    “As such, we see renewable energy as a way to support the health of the earth from people to planet. We have committed to sourcing 100% renewable electricity by 2030, with an interim target of 30% by 2020. Due to a sizeable investment, we are already anticipating reaching 25% renewable electricity by the end of the year.

    “For us, renewable energy is the future of business. We embed sustainability in everything we do. From products made of farm waste to green factories, we want TCI to be an environmental leader and push the whole industry forward.

    “Our clients, customers, stakeholders, and employees are also all concerned about the future of the planet. So, there is not one single reason for us to join RE100; instead, it’s all these reasons together.”

    What opportunities does joining RE100 bring to you?

    “The Taiwanese energy market does not currently make it cheaper to source renewable energy than other fuels. The market has been slow to develop that capacity. But, our hope is that by committing to source renewable power at this early stage, we can help reduce the cost of renewables over the next twenty years.

    Joining RE100 has been a tremendous opportunity for us as we do this. Being able to meet international researchers, organizations and activists working on renewable energy has given us new knowledge we can incorporate into our own journey to 100% renewable power. 

    “Attending the Global Climate Action Summit in California was a great opportunity to stand on a global stage and let the world know that manufacturers are working towards a renewable future. At the same time, we were also able to share our challenges and discover new solutions.

    “This type of collaboration and interaction is why RE100 is a fantastic initiative to join. Only by working together can we secure a renewable future. “

    What challenges do you face in achieving your RE100 target?

    “The biggest challenge we see for securing renewable electricity is a lack of existing capacity in the Taiwanese energy market. Previously, the provider Taipower was responsible for all energy production and distribution. In the past two years this market has fortunately started to open up and private players can now produce and source renewable energy.

    “The second challenge is related to the first, as power purchase agreement (PPA) policy has been aimed at large corporations and Taipower. These 20-year contracts with relatively high feed-in-tariffs (FIT) make it difficult for smaller players to compete.

    “We hope more flexible policies can be developed so corporations can work together to show their commitment to, and demand for, clean energy.

    “We know that it takes time to develop renewable energy projects and that a high feed-in-tariff encourages renewable development, but we must make sure there is room at the table for the majority of Taiwanese businesses, SMEs, to take part.”

    Are your customers urging you to source renewable electricity?

    “As an original design manufacturer (ODM), our main customers are the brands themselves. We have not yet received consistent requests from brands about our energy usage as their primary concern is still product quality.

    “However, seeing the trends around renewable electricity demand in other industries, we know it’s only a matter of time before brands in our industries become interested.

    “We wanted to get ahead of the curve and anticipate our customer demands before they even ask. That way, working together with brands, we can push sustainability even further. We look forward to achieving our renewable electricity goals in collaboration with all our customers.”

    What would you say to other Taiwanese companies thinking about joining RE100?

    “Join us!

    “In November 2018, we hosted an event in partnership with RE100 where we invited Taiwanese companies to learn more about committing to source 100% renewable electricity. Speakers from research organizations also discussed how businesses can start purchasing clean electricity and invest in energy production.

    “Our goal is to influence policy and break down regulatory barriers to facilitate more renewable energy development. Over time, we can then bring down the price of renewable energy and hopefully achieve cost-parity with fossil fuels.”

    To find out more about the drivers for going 100% renewable read our latest RE100 Annual Progress and Insights Report.

  • Newsletter: New members, G20 representation and upcoming events

    2019 is keeping us busy. We welcomed five more companies to RE100 in the last month, presented the business case for renewables at a preliminary G20 meeting, and showcased corporate leadership at GreenBiz 19. The RE100 reporting cycle will begin at the start of April to track members' journeys towards their targets. Our annual report later this year will highlight progress and impact.


    Five new companies join RE100

    3M Company, Daito Trust Construction, Konica Minolta, Lloyds Banking Group and Nomura Research Institute have all committed to 100% renewable power, representing a combined electricity consumption of more than 4 TWh. 

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    Presenting the case for renewables to the G20

    The Climate Group presented RE100 and the business case for renewable electricity to national leaders at the G20 Climate Sustainability Working Group in Japan, ahead of the G20 Summit, June 2019. We also met with our Japanese members, discussing how to overcome barriers to renewables sourcing in Japan.

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     Next steps for the RE-Source Platform

    The RE-Source Platform Steering Group has agreed its workplan for the next two years, focusing on developing EU Country Hubs to coordinate policy activities, raise awareness, and provide strong support for corporate sourcing across member states. More information will follow soon.

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    Corporate leadership from the US to Poland

    Clif Bar, Facebook, HP Inc., and Iron Mountain, explained why setting 100% targets makes business sense at our panel session at GreenBiz 19 in Phoenix, Arizona.
    Our members also attended a Pexapark workshop on power purchase agreements in Poland, supported by RE100 as part of the RE-Source Platform workplan.

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    RE100 webinars

    We held a webinar with Microsoft on Corporate Renewable Energy in Ireland and a webinar co-developed with WWF on Strategies for Supply Chain Engagement on Renewable Energy in China

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    Holistic climate action at its finest - The Climate Group went on a tour of IKEA's new Greenwich store and wrote a blog about it. 


    SAVE THE DATE  

    Climate Week NYC will this year take place September 23-29, 2019. Run in coordination with the UN and the City of New York, Climate Week NYC continues to grow as the time and place for the world to showcase amazing climate action and discuss how to do more. Information on our annual members event will soon follow.


    Member news

    AB InBev's Budweiser put 100% renewable power at the heart of its Super Bowl commercial.

    General Motors announced a new agreement to purchase wind energy in Michigan, US.

    Google signs its first renewable electricity contract in Asia for a 10 MW solar plant in Taiwan.

    IKEA Group announced investment of more than EUR 2 billion in German offshore wind.

    Nike signed its first European renewable electricity deal for 40 MW of wind power in Spain.

    Vail Resorts announced new wind energy contracts alongside other sustainability programs.

    Wells Fargo was recognised as a top green power user by the U.S. EPA.


    To find out about our events and webinars, go to www.there100.org/events

  • Manufacturing giant 3M commits to 100% renewable power for global operations

    Manufacturing and technology giant 3M has become the latest company to join RE100, the global leadership initiative bringing together companies committed to 100% renewable power, led by The Climate Group in partnership with CDP.

    The company has committed to source 100% renewable electricity for its global operations by 2050, with an interim goal of 50% by 2025.

    Making the announcement, 3M stated that its global headquarters will now be renewably powered – taking the company to sourcing 30% renewable electricity globally.

     Helen Clarkson, CEO, The Climate Group, said: “By joining RE100 and switching to 100% renewable electricity globally, 3M is building sustainability into its business growth strategy and showing the two go hand-in-hand,” said Helen Clarkson, CEO of The Climate Group.

    “Seeing such a large manufacturer commit to ‘go all in’ on renewables to produce sustainable new products is an encouraging step forward. Big brands like this can influence positive action from other companies and customers and accelerate the clean energy transition around the world.”

    “3M is flipping the switch to becoming powered 100% by renewable energy,” said 3M CEO Mike Roman. “We are continuing to step up our leadership toward a more sustainable future – in our own operations, and in solutions for our customers.”

    Lowering emissions while growing revenue

    Joining RE100 is part of 3M’s wider strategy to build sustainability into its business strategy. The company has so far recorded a 68% reduction in greenhouse gas emissions since 2002, while nearly doubling its revenue at the same time.

    At COP24 in December, 3M introduced its first formal requirement for a Sustainability Value Commitment be included in all new products introduced beginning in 2019. Sourcing renewable electricity will add to the process of greening 3M’s manufacturing process.

    The majority of the power for 3M’s headquarters will be supplied by Xcel Energy wind farms located near Pipestone, Minnesota that will produce and transmit electricity on to the grid area in which 3M consumes its electricity. Additional electricity will come through the wind projects that are part of Xcel’s Windsource program and solar sources.

    Chris Clark, president, Xcel Energy-Minnesota, North Dakota, South Dakota, said: “We applaud 3M’s leadership in making a bold commitment to 100% renewable energy. Xcel Energy is proud to partner with 3M, because we both share a drive to innovate and a commitment to reducing carbon emissions and protecting the environment.’’

     Minnesota, where 3M’s headquarters are located, is also a member of the Under2 Coalition, for which The Climate Group acts as Secretariat. As a member of this group of ambitious state and regional governments committed to climate action, Minnesota is currently debating a proposed bill which would require its utilities to provide 100% renewable electricity by 2050.

    For more information on RE100, read our latest Annual Progress and Insights Report November 2018.