News

  • Business could deliver 60% of total emissions cuts pledged in Paris, new report shows, as more companies join RE100

    The private sector could cut greenhouse gas emissions globally by 3.7 metric tons of CO2 a year by 2030, equivalent to 60% of the total emissions cuts pledged by countries at COP21 in Paris – according to ‘The Business End of Climate Change’, a new We Mean Business report launched today at the Business & Climate Summit in London.

    The report presents a ‘Business Determined Contribution’ to climate action – mirroring the National Determined Contributions pledged by countries ahead of international climate talks last December.

    It is the first time that a figure has been put on what greenhouse emissions cuts could be achieved by business worldwide.

    The report estimates that the impact could be the equivalent of taking over 1,000 coal-fired power stations permanently out of use. It says that with the right policy support, all businesses could act, and the impact  on greenhouse gases could be far greater.

    BOLD BUSINESS ACTION

    RE100 is one of several business initiatives profiled in the report – alongside The Climate Group’s other major business program EP100, which focuses on improving corporate energy productivity.

    The report’s analysis assumes that RE100 will see some 3,000 companies going 100% renewable by 2030 – based on RE100’s best estimates – but also acknowledges that the impact of RE100 could be far greater than this, thanks to a ‘ripple effect’ across supply chains and customer bases of member companies.

    Launching the report to business and government leaders and global media at the Business & Climate Summit, Steve Howard, Chief Sustainability Officer at IKEA Group – a member of RE100 – said:

    “Building a better future is our shared responsibility. Companies, investors, individuals, cities and regions all have a role to play. Action on climate change is not only the right thing to do, it brings business benefits. For IKEA Group it’s a driver of innovation, renewal and an opportunity to make our business better.”

    Of course, business is not waiting until 2030 to play its part. IKEA Group has committed to going 100% renewable, generating as much renewable energy as the total energy it consumes in its buildings by 2020. The company helped to establish the RE100 campaign and has committed to cutting its emissions in line with Science-Based targets. The company has invested €1.5 billion in renewables since 2009 and pledged a further €600 million last year.

    NEW COMPANIES JOIN RE100

    Today, three new companies, headquartered in three different European countries, are joining RE100 – CaixaBank, the first Spanish company in the campaign, Colruyt Group,  the Belgian retail corporation, and SAVE S.p.A Group, an Italy based holding company managing Venice (VCE) and Treviso (TSF) airports. They are each examples of companies that are already ‘doing it’ when it comes to sourcing renewable electricity.

    Colruyt Group has met its goal of sourcing 100% renewable electricity in 2010. Now it aims to achieve 100% self-produced renewable electricity by 2020 – and is already 25% of the way there. Recognising the compelling business case for renewables, Stephan Windels, Business Unit Manager Eoly, Colruyt Group Energy, said:

    “As Colruyt Group, we have always had the pioneering spirit with regards to sustainable energy: our first investments already date from the early nineties.

    “On the one hand, we want to decrease the impact of our own (business) activities: saving energy in everything that we do, remains one of the most important goals.

    "On the other hand, we firmly believe that we can save costs – which is an essential part of our way of working. We took the engagement to make our energy as sustainable as possible, and since 2012, we have added the goal to become 100% self-sufficient.

    "It also makes us more independent, which puts us in a very interesting competitive position as a retailer.”

    SAVE S.p.A Group has also met its 100% renewable electricity target – earlier this year. The company is working to reduce its environmental impact by adopting sustainable technologies and investing in renewable electricity across all its operations.

    CaixaBank, Spain’s leading bank by market share, sources around 98% of its electricity from renewable sources, and has a goal of becoming carbon neutral and sourcing 100% renewable electricity by 2018. The bank is among the most sustainable in the world according to the Dow Jones Sustainability Index, and also received a 100A score in the CDP’s ‘The Climate A List’.

    The new joiners follow hot on the heels of AstraZeneca, which joined RE100 earlier this month. The leading pharmaceutical company has an ambitious goal to source 100% renewable electricity by 2025, with an interim target of 100% in Europe and the US by 2020. It has a long way to go – it currently sources around 14% of its electricity from renewables – but says it is committed doing its “fair share” to protect the planet and to keep employees safe and healthy.

    ShareAction, a charity which promotes Responsible Investment by institutional investors such as pension funds, also played an important role in engaging AstraZeneca in RE100. The company was already considering a 100% target when ShareAction attended its 2015 AGM, and asked the board to get involved in RE100. The organization helped to galvanise senior level interest in the issue, which supported subsequent meetings between AstraZeneca and RE100, and led to the company ultimately joining the campaign.

    THE 'RIPPLE EFFECT' 

    Reflecting on the findings of today’s We Mean Business report, Emily Farnworth, RE100 Campaign Director, The Climate Group said:

    “The potential for initiatives, like RE100, that encourage and help accelerate the take up of renewable power is exponential. The reach of the current group of companies goes far beyond the walls of their own factories, offices,  data-centers and stores and will create a ripple effect through their supply chains, customers and clients."

    She added: “We hope many more businesses will join in the coming years – not just to decarbonize their own power use in the safest way possible, but to inspire others to do the same and to create the market signal that policy makers and investors around the world need to demonstrate renewables are a safe bet."

    There are now 68 companies in RE100, from more than 20 industrial sectors and with operations all over the world, and representing a combined market capitalization of more than $3.6 trillion. On reaching their 100% RE100 goals, these businesses will be creating a total renewable electricity demand of 90TWh – and this number is constantly rising as more and more companies come on board.

  • New renewable power source for Nestlé UK and Ireland operations

    Nestlé has signed a new deal to power around half of its UK and Ireland operations with wind from the Scottish Highlands.

    An initial 15 year Power Partnership Agreement with Community Wind Power will see a brand new nine turbine wind farm open up in Dumfries and Galloway in the first half of 2017. It will produce approximately 125GWh of power per annum, meeting around 50% of Nestlés electricity demand in the UK and Ireland – equivalent to 30,000 homes.

    Earlier this year, Nestlé UK & Ireland announced that all its grid supplied-electricity would come from renewable sources, in a deal with EDF Energy. This currently accounts for all of Nestlés electricity use in the UK and Ireland.

    As a member of RE100, Nestlé is committed to transitioning its electricity use to 100% renewable electricity not just in the UK, but across its global operations. The latest available data shows that in 2015, 8.4% of Nestlés total electricity consumption was being sourced from renewable power. Today's development is another positive step towards its global goal. 

    Dame Fiona Kendrick, Chairman & CEO of Nestlé UK & Ireland, said: “This is a newly commissioned wind farm, generating new energy, creating capacity that didn’t previously exist and capable of providing half of our electricity needs. It’s a proud moment for us and means we have reached another key milestone in our efforts to become a sustainable business.”

    She continued: “We know the role we have to play in UK and Ireland society and are serious about doing things the right way. Whether that’s looking at health and wellness, our carbon footprint, our supply chain, our people, there is work to be done."

    The news was welcomed by Emily Farnworth, RE100 Campaign Director: “Nestlé recognises that climate change impacts pose a risk to the business, and sees renewable energy as part of the solution. Today’s announcement takes the company a step closer to its goal of sourcing 100% renewable electricity across its global operations, and reinforces the strong market signal – sent through RE100 – that business demand for renewables is rising.”

    Read our exclusive interview with Nestlé’s Head of Environmental Sustainability, Pascal Gréverath, on what is driving the company to go 100% renewable as part of RE100, and its global achievements to date.

  • RE100 wins British Renewable Energy Award for helping to create market demand for renewables

    The RE100 campaign has won the 2016 British Renewable Energy Award for best ‘Pioneer’, in recognition of its efforts to accelerate the corporate take up of renewable energy through commitments to 100% renewable power.

    Led by The Climate Group in partnership with CDP, RE100 has been galvanizing business action and highlighting 100% commitments by the world’s most influential companies, ever since it launched with the support of 12 dedicated companies in September 2014. There are now 65 leading companies in the campaign, with many more preparing to join – demonstrating the business case for renewables and sending a strong market signal to utilities and governments alike.

    The award was presented to RE100 at the Renewable Energy Association’s prestigious annual gala in London, which showcases excellence in the British renewables industry.

    “The Climate Group is proud that our RE100 program has been recognised for what it is – a ground-breaking initiative effecting change” says Damian Ryan, Director of Strategy & Planning, The Climate Group. “After the historic Paris Agreement, the central role of business in tackling climate change is more evident than ever. As well as encouraging the world’s leading businesses to think with their feet, RE100 gives companies a unified voice that the market – and policy makers – must listen to.”

    “We are truly honored to receive this award”, added Emily Farnworth, RE100 Campaign Director, “but we couldn’t have done it without the top level commitments of all the RE100 companies and the progress they are making towards their goals”.

    Image, from left to right: Ray Noble, Senior Advisor at the REA; Damian Ryan, Director of Strategy & Planning, The Climate Group; Emily Farnworth, RE100 Campaign Director, The Climate Group; Prof Paul Ekins OBE, University College London; Bill Turnbull, former host of BBC Breakfast.

    Leadership Award

    It was a successful night for RE100, with companies in the campaign taking home awards too.

    Marks & Spencer won the ‘Leadership’ award, as a company that is mainstreaming renewables through the scale of its investment or its commitment to securing its energy needs from renewables. In 2014, the company was sourcing 87% of its global electricity use from renewables, and it has been 100% powered by renewables in the UK and ROI since 2012. Demonstrating its leadership to address climate change, the company has invested more than $550,000 in community energy projects through M&S Energy, enabling more communities in the UK to generate renewable energy and become environmentally and financially sustainable.

    Speaking recently at the Clean Energy Summit in London, Mike Barry, Director of Sustainable Business (Plan A), endorsed RE100, saying that by working alongside other companies in the campaign Marks & Spencer could help change the bigger picture and achieve far more than it could do alone. He said that the company was sourcing renewable electricity at no extra cost – and for that reason it was easy to convince the CFO that 100% renewable power was realistic. 

    Other RE100 companies shortlisted for the leadership award included Unilever, BT Group, Aviva plc and Biogen UK Ltd – part of Biogen.

    All of the electricity that Unilever sources from the grid in the UK is 100% renewable. The company aims to source 100% renewable electricity globally by 2030, with all electricity sourced from the grid being renewable by 2020.  BT Group aims to go 100% renewable across its global operations by 2020 and has championed the business case for renewables. In October last year the company also launched a campaign to inspire its customer base to go 100% renewable too. Aviva aims to be 100% renewable across its global operations by 2025, with an interim goal of being 80% renewable by 2020. The company is keen to work with other RE100 companies to build up demand for renewable electricity tariffs to become available in India and China. Biogen became 100% renewable across its global operations in 2014, and buying renewable electricity certifcates equivalent to 100% of its operations in the UK.  

    Low carbon transport

    Another RE100 member, Formula E, received the ‘Low Carbon Transport’ award for its commitment and innovation in low carbon vehicles.

    RE100 was also in the spotlight at the Clean Energy Ministerial in San Francisco earlier this month, when Energy Ministers from countries accounting for more than 75% of global carbon emissions unveiled a new campaign encouraging the world’s biggest and most influential companies to commit to 100% renewable power and join RE100. Six companies joined RE100 and there were announcements from existing RE100 companies on their achievements whilst working towards their 100% goals.

     

  • Blog: Turbo boosting renewables - the unstoppable growth in demand

    After RE100 members announced new commitments to renewables at the Clean Energy Ministerial in San Francisco, RE100 Campaign Director Emily Farnworth looks at the rise in companies reporting 100% renewable energy goals.

    June has seen a welcome boost for the roll out of renewables across the private sector.

    The U.K., U.S. China, Mexico, Sweden, and the European Commission backed a new campaign launched at this year’s Clean Energy Ministerial (CEM7), aimed to increase corporate uptake of renewable power.

    The recently established Renewable Energy Buyers Alliance announced that it will expand beyond the US into new markets like India and China, helping to provide much needed capacity and expertise to support corporates wanting to access renewables.

    And RE100 announced new joiners: Equinix, Tetra Pak, TD Bank Group, Interface, Inc, Dentsu Aegis Network, and Workday, Inc. Their 100% goals represent a total of 4,000 GWh in demand for renewable power – more than enough to power San Francisco.

    The new members mean RE100 has now grown to a group of 65 companies committed to sourcing 100% renewable power across their global operations. It’s a phenomenal shift from where we were just 18 months ago when we launched with 12 original leading businesses.

    Developers and investors should recognize that there is a very real and credible customer base to reduce the off-take risk of new projects, in turn, helping the financial viability of new developments to stack up.

    And it’s not just 100% goals they should be taking notice of. Point380 analyzed 2013, 2014 and 2015 CDP data and found a surge in the number of companies reporting any kind of renewable energy target over those three years. In 2013, 77 companies reported their targets to CDP, and this more than doubled to 188 in 2015.

    But what is particularly interesting is that whilst the number of companies reporting 20% - 80% renewable energy goals to CDP doubled, the number of companies reporting a 100% renewable energy goal more than quadrupled in the same period.

    Perhaps unsurprisingly, the increase in companies setting targets is closely mirrored by an increase in the number of countries setting targets for renewables. A report released by REN21 recently indicated that 173 countries now have renewable energy goals and 146 have policies in place to support the growth of renewables.

    There is no doubt that the climate agreement reached in Paris at the end of last year has put us firmly on the pathway to a low carbon economy. It is spurring even greater ambition from countries, companies and investors that will manifest itself in the 2016 data reported to CDP.

    The business case for action

    Significant financial and strategic benefits are among the compelling list of reasons to transition from fossil fuels to renewable power. Economies of scale are continuing to bring down the cost of renewables. We saw another record-breaking deal in Dubai last month with a contract price of 2.99 cents per KWh on a 800MW solar project – could it really get any lower?

    When set against the uncertain future of fossil fuels – dogged by price fluctuations and the growing number of carbon pricing mechanisms – it is no wonder the world’s biggest companies are looking to alternatives. And it’s not just the economics that are attractive; the environmental, social and health benefits of renewables are also important considerations.

    We fully expect that the group of leading companies making a 100% renewable electricity commitment through RE100 will keep growing over the coming years – and we are excited about the businesses we’ll be working with in the future.

    We also expect to see more companies setting their first renewable energy target to get them on the pathway to joining RE100 and going 100% renewable. Along with our broader community of partners, we look forward to turbo boosting momentum right across the field.

  • Newsletter: Clean Energy Ministerial and a warm welcome to new joiners

    ALL REGIONS

    Companies show commitment at CEM7

    A new ‘Corporate Sourcing of Renewables’ campaign has been launched at the 7th Clean Energy Ministerial in San Francisco. Led by the Danish and German governments, the campaign aims to increase the number of companies powering their operations with renewable energy by encouraging them to make 100% renewable commitments and join RE100.

    Also at CEM, six new companies joined RE100, including Dentsu Aegis Network, Equinix, Interface, Inc., TetraPak, TD Bank Group and Workday. Inc. By going 100% renewable, they will create demand for more than 4000 GWh of renewable electricity - more than San Francisco’s yearly electricity use.

    Other RE100 companies also demonstrated their commitment to driving the transition to a low-carbon economy. Autodesk announced that it has reached its 100% goal and will now move towards procuring additional and local renewable energy. Google will be working with others to survey policy structures and make recommendations to further unlock corporate renewable energy demand. And Salesforce shared its journey to 100% renewables.



    USA

    Ambitions raised at REBA Summit

    At the first Renewable Energy Buyers Alliance Summit, held at the Microsoft Campus in Redmond, Washington, participating companies agreed to expand their collective efforts beyond the US in 2016 and focus on corporate procurement in key economies. RE100 was recognized for pushing the renewables agenda and we are exploring how the campaign can partner with REBA to continue to grow the community of businesses going 100%. 


    EUROPE

    RE100 praised at IRENA Innovation Week

    During the International Renewable Energy Agency’s (IRENA) Innovation Week in Bonn, Germany, senior figures at IRENA referred to RE100 as a “driver for investment and decarbonization”, “an incredibly important initiative” and a “great opportunity to influence how the sector develops”. Adnan Amin, Director-General, Dolf Gielen, Head of Innovation, and Elizabeth Press, Director of Planning & Program Support, spoke to The Climate Group's Climate TV in three exclusive interviews highlighting how RE100 is helping to accelerate the transition to a low carbon economy.

    Mars invests in UK wind power

    RE100 company, Mars, Incorporated signed a new PPA and is now producing enough renewable electricity to power 100% of its UK operations. “This is a significant investment that makes business sense and offers a welcome boost for UK renewables. Being 100% renewable in both the UK and the US is no small feat,” said Emily Farnworth, RE100 Campaign Director, “We congratulate Mars on its huge success in slashing its greenhouse gas emissions.”


    INDIA

    Knowledge sharing

    Shailesh Telang, Project Officer, CDP India, provided an overview of the renewable electricity market options available to businesses in India and presented four case studies of companies who have successfully implemented financially viable renewable electricity options. 45 participants from both global and Indian companies took part in the RE100 webinar.
     



    LOOKING AHEAD

    June 15: RE100 webinar (rescheduled): Overview of renewable energy options in the U.K. - Guest speakers from Regen SW and Osborne Clarke LLP will give an overview of the renewable energy market in the UK, how it is changing in response to government policy and the development of new technologies and business models.

    June 28-29: Business & Climate Summit, London, U.K. - The Climate Group and core Summit partners will convene businesses and governments to agree a roadmap for reaching net-zero emissions over the next half century. For the latest on the summit click here. Invitations have now been sent for a separate RE100 side event to be held close to the BCS venue on June 29, 16:00-20:00hrs. We will bring together RE100 companies, prospects, partners and stakeholders to hear how leading companies in RE100 are overcoming challenges to deliver against their 100% goals, and going beyond their own operations to help deliver a low carbon economy. Speakers to be announced over the coming days. The panel discussion will be followed by a networking reception. For information about sponsorship opportunities contact Chris Brown, Head of Sponsorship & Business Development at The Climate Group: cbrown@theclimategroup.org

    July 4: Weather: The Key Driver in European Energy, London, U.K. - The Weather Risk Management Association & Thomson Reuters will host this event designed to provide an in-depth look at wind, solar, temperature and hydro derivatives for traders and portfolio managers. Stuart Brown, Head of Orientation, Weather & Energy EMEA Asia-Pacific of Swiss Re will be speaking. For the full agenda and details on how to register for the event click here.

    July 5: Joint RE100 - Business Renewables Center Marketplace webinar - More details to follow.

    August 10-12: India Energy Access Summit (IEAS), New Delhi, India - The Climate Group and Clean Energy Access Network will host the IEAS 2016 in partnership with the Ministry of New and Renewable Energy. The summit will focus on financing energy access scale up as well as address the policy and regulatory framework for an enabling environment. RE100 companies will be invited to attend.

    September 19: Signature Event, Climate Week NYC - This is The Climate Group’s global flagship event. Run annually for the last seven years, the event has become a milestone in the international climate calendar and a focal meeting point for leading governments, investors, businesses, innovators and opinion formers. There will be a RE100 side event on September 20. Sponsorship opportunities will be available. For information about sponsorship opportunities contact Chris Brown, Head of Sponsorship & Business Development at The Climate Group: cbrown@theclimategroup.org

  • Going 100% renewable: RE100 companies make an impact at the seventh Clean Energy Ministerial

    At the seventh Clean Energy Ministerial (CEM7), taking place in San Francisco, where governments accounting for about 75% of global greenhouse gases and 90% of clean energy investments are meeting, RE100 companies have been demonstrating their commitment to driving the transition to renewable energy.

    Autodesk unveiled three milestones. Firstly, the American software company has achieved its target to power its facilities with 100% renewable electricity – four years ahead of schedule – via the purchase of renewable energy certificates (RECs).

    Secondly, on achievement of this Autodesk has strengthened its goal and over the next few years will procure additional and local renewable energy to catalyze demand in all geographies where they operate.

    Also, the business has set an internal carbon price that it expects will help align business decisions and investments with a low-carbon economy as well as prepare the company for future carbon taxes. 

    Meanwhile, Google committed to working in collaboration with national governments, renewable energy buyers and suppliers, NGOs, and others across CEM member governments to convene a group of stakeholders to survey the policy and regulatory structures critical to enabling corporate purchasing of renewable energy and make policy recommendations for how to further unlock corporate renewable energy demand in CEM member governments.

    Microsoft reasserted its recent commitment to powering its datacenters with energy that is at least 50% wind, hydro and solar by 2018, and 60% early next decade. For Microsoft, this means moving beyond datacenters that are already carbon neutral to also having those datacenters rely on a larger percentage of wind, solar and hydropower electricity over time.

    Microsoft says this is significant given that the IT sector includes some of the fastest growing energy users in the world, consuming as much energy as a small state and in decades to come as much as mid-size nations. Microsoft is actively working through the Renewable Energy Buyers Alliance (REBA) to deliver on its goals in markets around the world. In addition, the company reaffirmed its commitment to maintaining 100% carbon neutrality.

    A Summit Partner at CEM, Salesforce has shared its renewables story in a new RE100 case study to inspire other companies to follow suit. Director of Sustainability, Patrick Flynn, shares his reflections on the company’s progress to 100% renewables.

    The announcements from RE100 companies come as RE100 welcomes six new joiners today, all committed to powering their entire operations with 100% renewable electricity. They include global interconnection and data center provider Equinix, Swedish food processing and packaging giant Tetra Pak, Canadian financial leader TD Bank Group, leading manufacturer of modular carpet Interface, Inc., global advertising, media and marketing group Dentsu Aegis Network and global provider of enterprise cloud applications, Workday, Inc..

    As logos were projected on screens, all 65 companies now in RE100 and committed to 100% renewable power were praised on stage by the Danish Minister, in front of a room filled with 800+leading businesses and other high-level delegates from the 23 CEM member countries and the European commission. 

    Click here to read how a new campaign launched at CEM7 is driving the biggest, most influential companies to join RE100.

  • Business Drive for Renewables Gears up with Government Support

    A new government-led push to significantly increase the number of companies powering their operations with renewable energy will help to galvanize action by 1,000 world-leading businesses, according to The Climate Group.

    Unveiled today (Thursday June 2, 2016) at the Seventh Clean Energy Ministerial (CEM7) in San Francisco, the new ‘Corporate Sourcing of Renewables’ campaign – led by the Danish and German governments – is encouraging business action in CEM member countries and driving the world’s biggest, most influential companies making 100% renewable power commitments to join RE100.

    NEW JOINERS

    Also today, six world-leading companies have joined RE100 with a commitment to 100% renewable power across their global operations. They include global interconnection and data centre provider, Equinix; Swedish food processing and packaging giant, Tetra Pak; Canadian financial leader, TD Bank Group; leading manufacturer of modular carpet, Interface, Inc.; global advertising, media and marketing group, Dentsu Aegis Network; and global provider of enterprise cloud applications, Workday, Inc..

    The new joiners take the total number of committed companies in RE100 to 65. All were recognised at CEM7 by the Danish Minister for Energy, Utilities and Climate, Lars Christian Lilleholt, who announced the new commitments – and praised RE100 – on stage.

    On meeting their 100% goals, the six new companies will collectively ensure that over 4,000GWh of electricity is powered by renewables – more than enough to power the whole of San Francisco.

    GLOBAL IMPACT

    RE100 has previously estimated that if 1,000 of the world’s most influential businesses become 100% powered by renewables, they would decarbonize almost a tenth of all electricity used worldwide and cut more than 1,000Mt of CO2 every year – 3.4% of global emissions. This impact could rise considerably if they were to successfully influence their supply chains and customer base to use renewable electricity too.

    Mark Kenber, CEO of The Climate Group, said, “The demand push from corporates is as important as supportive government policy – bold action by businesses, cities and governments sends a strong market signal and means we can hold global warming below two degrees far more quickly.

    “The Clean Energy Ministerial is shining the spotlight on RE100 as a model of best practice in galvanizing the switch to renewable energy, and the wave of influential companies joining RE100 today shows the business case for 100% renewables is as strong as ever.

    “In many cases business wants to go further and faster. Governments can play a key role by implementing supportive policies, particularly in emerging economies – crucial for unlocking the growth of the renewable energy market globally.”

    COMPANY REMARKS

    Sam Kapoor, Global Chief Operations Officer, Equinix, said, “As a leading global interconnection and data center company, our business is inherently energy-intensive.  As companies around the globe adjust to industry shifts such as cloud, mobility, IoT and Big Data, and require ever more space and power, our energy consumption grows with them.

    “At Equinix, containing and greening that energy growth and designing energy-efficient IBX data centers is a top priority. Through these efforts we strive to provide shared value for all of our stakeholders, including our customers, shareholders and employees, as well as the communities in which we operate.

    “We have set a long-term goal of achieving 100% renewable energy, and we also encourage our partners and customers to embrace greener business operations.”

    Charles Brand, EVP Product Management and Commercial Operations, Tetra Pak, said: “Signing up to RE100 reflects our on-going commitment to minimising our climate impact and increasing our use of renewable resources.

    “We have set an ambitious target to ensure carbon emissions across our value chain are capped at 2010 levels through to 2020, and we are making excellent progress. In 2015 emissions were down 15% from the 2010 baseline, despite a 16% increase in production.

    “Since setting our climate goal we have maximized our efforts to reduce energy consumption; committing to a renewable energy target is a natural next step. By joining RE100 we will benefit from expert guidance and peer-to-peer learning on renewable energy options in different markets.

    “For us, renewable energy is a key element of our environmental agenda, and an important factor in helping us achieve our sustainable growth ambitions.”

    Karen Clarke-Whistler, Chief Environment Officer, TD Bank Group, said, “In 2008 TD made a decision to lead on the environment and to be carbon neutral – joining RE100 reflects both these commitments.

    “Few doubt the need to transition to a low carbon economy. As key drivers of economic growth large corporations have a major role to play in this transformation. If not us, then who? ‎And we will have far more impact acting together through RE100 than individually.

    “In 2015, TD sourced renewable energy equivalent to 100 percent of the electricity we used across the bank and we aim to continue doing this. I've been asked if our low carbon operating model has had an impact on our business. The answer is yes – it transforms our business and continues to be a driver of innovation.”

    Erin Meezan, Vice President of Sustainability for Interface, Inc., said, “For the past twenty years, Interface has been on a mission to eliminate our negative environmental footprint. As we approach our goal year of 2020, it is gratifying to join the companies engaged in RE100 in committing to aggressive renewable energy goals.”

    Nick Priday, Group Chief Financial Officer, Dentsu Aegis Network, said, “As one of the world’s largest advertising and media groups, we want to lead our industry towards a low carbon economy.

    “We have doubled in size since 2010 but reduced our carbon footprint per person globally by 21%. It is important that we de-couple carbon from our growth to achieve long term savings in our operations and become resilient to resource scarcity and price fluctuations.

    “We quickly realized that in order to reach the required 40% carbon footprint reduction across our operations by 2020 to help keep the global temperature rise on or under 2˚C, a switch towards 100% renewable electricity would be essential. We see the step to join RE100 as an exciting public statement of our commitment.”

    FURTHER COMMITMENTS

    A number of companies already in RE100, including Autodesk, Google, Micosoft and Salesforce, also made announcements at CEM7 today. Click here to read more.

  • RE100 is a "driver for investment and decarbonization": Adnan Amin, Director-General, IRENA

    RE100 is “a very powerful demonstrator” of the value of innovation in accelerating the necessary, global growth of renewable energy, says Adnan Amin, Director-General, International Renewable Energy Agency (IRENA), in an exclusive Climate TV interview at IRENA’s Innovation Week in Bonn, Germany.

    Leaders from industry and policy makers convened at the event to discuss innovative solutions to accelerate the transition to a low carbon economy and spur ‘the age of renewable power’ through innovation.  

    “I think the days where the big state actors alone could make a difference are over,” underlines Adnan Amin. He highlights the important role that businesses are playing in driving the low carbon economy, where “it’s wonderful to see […] groupings like RE100 coming up, where prestigious big international businesses are demonstrating their commitment to renewable energy also based on the business case for renewables.”

    RE100 is “a very powerful demonstrator” of the economic benefits of going 100% renewable, he states. The program “started with IKEA, but includes Google” and other big companies, and “includes entities that have huge servers, with large energy requirements,” – and yet they are “committing to 100% renewables. That’s really a driver for investment and decarbonization. So, I think these are all to be encouraged very much.”

    LEADING BY EXAMPLE

    IKEA was one of the founding partners of RE100, and has a target to produce as much renewable energy as it consumes by 2020. The furniture retailer has invested more than US$1.5 billion since 2009 and has pledged a further $1.13 billion for climate-related action over the next ten years.

    As part of its strategy to be ‘People and Planet positive’, IKEA is providing innovative solutions for its customers to live sustainably, including becoming the first retailer in the UK to only stock LED bulbs and selling solar panels at several stores.

    Focusing on innovation, IKEA is also developing the kitchen of the future, where new design and technologies come together to save energy and increase consumers’ awareness of their carbon footprint. Presented in a contribution for The Climate Group’s program Home 2025, the concept uses induction cooling, smart tables and can reduce water use by up to 40%.

    Other RE100 companies are using the sheer size of their operations to drive renewables, such as Google. The company joined the campaign in December last year, and is the largest corporate purchaser of renewable energy in the world. It has an interim target to triple its purchase of renewable energy by 2025.

    BIG COMPANIES PAVING THE WAY

    “The cliché is that industry can’t do anything because they need cheap energy and you should just leave it to the market,” says Dolf Gielen, Head of Innovation, IRENA, also speaking to Climate TV. “But industry is also the largest consumer of energy, and therefore it has a great opportunity to influence how the sector develops. And in that sense RE100 is really key.”

    By demonstrating the strong business case for switching to renewables, companies joining RE100 played a crucial role in the climate negotiations that led to the Paris Agreement last December – while speaking to the market with one voice.

    A central characteristic of RE100 program is that is composed of “the companies that everybody knows, the big companies,” continues Dolf Gielen, “showing that it is possible to move to 100% renewables, and that has of course a great function as an example for all the others. If these companies can do it, then why not everyone?”

    PLANNING VALUE

    Committing to and working toward their 100% targets, the collective voice of RE100 companies shows governments and utilities that there is an ever-growing demand for renewables. However, to be really innovative and be among the firsts to grasp the opportunities arising from the transition to renewables, businesses must plan their investments well in advance.

    “RE100 is an incredibly important initiative,” says Elizabeth Press, Director of Planning and Programme Support, IRENA, in a Climate TV interview. “They are creating demand, so the market is growing and getting bigger. By making renewable energy the energy of choice, you’re sending a strong message that you can grow your business sustainably and effectively through renewable energy.”

    Elizabeth Press also underlines the role that big companies, well known by consumers, can play in shaping the sustainable market of the future and ultimately the transition to a low carbon economy. “What I find very interesting is that many of the companies that are part of RE100 are actually household names,” she says, people know them.”

    “Having these companies choosing renewables is a very important educational tool that is going out to public at large, that is helping all of us to pursue sustainability and energy choices.”

    An example of the innovation set by the educational role emphasized by Elizabeth Press is BT Group, which launched its global campaign ‘100% Sport’ to inspire sports fans to switch to 100% renewable power.

  • Mars signs new PPA and moves to 100% renewable electricity for its UK operations

    Mars, Incorporated is now producing enough renewable electricity to power 100% of its UK operations. The RE100 company has partnered with Eneco UK on a new 20-turbine wind farm located in the Scottish Highlands, and has committed to buying electricity for the next decade via this Power Purchase Agreement (PPA).

    The Moy Wind Farm has an export capacity of 60 MW and an annual consumption of over 125,000 MWh – enough power to power 34,000 average UK households.

    As well as enabling all of Mars’ UK factories and offices to be powered by 100% renewable electricity and significantly reducing its carbon footprint, this new PPA demonstrates Mars’ support for increasing the availability of renewable energy in the UK.

    Barry Parkin, Chief Sustainability and Health & Wellbeing Officer, Mars Incorporated, said: “The UK has been home to Mars for 84 years. We’re proud that the brands that we make here will now be manufactured using renewable electricity, and that we are reducing our carbon footprint in the UK and around the world. As with our Mesquite Creek Wind Farm in Lamesa, Texas, Moy will contribute significantly to our effort to eliminate fossil fuel energy use and greenhouse gas emissions from our global operations by 2040 as part of our ‘Sustainable in a Generation’ program.  The Moy Wind Farm is part of our innovative and long-term approach to achieving our goal to be a successful and sustainable business for generations to come.

    “We’re not there yet, but we recognize all businesses have a responsibility to tackle climate change and we hope our partnership with Eneco at Moy will encourage other companies to take steps to reduce their own carbon footprint through renewable energy. Working together, government and industry can move the needle on climate change.”

    Mars joined RE100 when the campaign was launched at Climate Week NYC in 2014, setting a target year of 2040 to be 100% powered by renewable electricity across its entire global operations. The food and beverage company is making considerable progress towards this target and is already powered by 100% renewable electricity for its US operations, having signed a PPA for a 200 MW wind farm in Lamesa, Texas, that went live in 2015. Efforts like these have helped Mars successfully achieve its global 2015 goal to reduce GHG emissions from operations by 25% from a 2007 baseline.

    Emily Farnworth, RE100 Campaign Director said: “This is a significant investment that makes business sense and offers a welcome boost for UK renewables. Being 100% renewable in both the UK and the US is no small feat; Mars is clearly progressing against its 2040 goal for sourcing renewable electricity globally – setting an example to multinationals everywhere.

    “We congratulate Mars on its huge success in slashing its greenhouse gas emissions. With 65% of the company’s emissions being produced along its supply chain, it’s important that Mars helps its suppliers switch to renewables too.”

    Zoisa Walton, Country Director, Eneco UK, said: “This project is very special to Eneco as it brings together all the elements of our strategy – a renewable generating asset, a like-minded partner in Mars, and the opportunity to deliver real benefits to the local community. We are proud to be supplying Mars UK and to be working with them to create a more sustainable future.”

  • Newsletter: Paris Agreement, knowledge sharing, and making credible claims

    ALL REGIONS

    Support for Paris Agreement

    RE100 companies have voiced their support for the Paris Agreement as it was signed by 175 governments.“We were delighted to see world leaders agree a strong deal at COP21. Now business must step up and create a clear, ambitious pathway to a low carbon future.”- Mike Barry, Director of Sustainable Business at Marks & Spencer. Several RE100 companies promoted new analysis on market opportunities arising from the Paris Agreement, and 13 members also signed a joint statement in support of the Clean Power Plan. Many others also took to social media to highlight their success in reducing CO2 emissions.

    Making credible claims

    The RE100 Technical Advisory Group has issued best practice guidance for corporates making claims over their use of renewable electricity.This is a technical deep-dive into corporate transparency and credibility, described as a “must read” for RE100 companies. The briefing has been one year in the making, in consultation with RE100 companies and industry stakeholders. Read this blog by Roberto Zanchi, Technical Manager for renewable energy at CDP, to hear more. 


    USA

    Knowledge sharing

    RE100 and the Rocky Mountain Institute’s Business Renewables Center (BRC) held a joint webinar on April 20, attended by more than 60 people. Ethan Zindler, Head of Americas, Bloomberg New Energy Finance (BNEF) joined to provide insights on the global renewable energy market. Investment is on the rise, thanks to the falling costs of wind and solar power, and 2015 saw record investment of $329bn globally in new energy technologies, companies and projects. Read this to find out more about our partnership.


    EUROPE

    Crédit Agricole joins RE100

    A warm welcome to the French banking group Crédit Agricole which joined RE100 with a goal to be 100% powered by renewable electricity this year. "By renegotiating our contracts with EDF, we expect to save thousands of tonnes of CO2 and millions of Euros - a win-win for the environment and our balance sheets." - Stanislas Pottier, Head of Sustainable Development at Crédit Agricole S.A.

    RE100 companies outline business case for 100% goals

    100% renewable power is a credible and feasible global commitment for world leading businesses, said RE100 companies championing the campaign at the Clean Energy Summit in London. Joanna Yarrow of IKEA; Joe Franses of Coca-Cola Enterprises; Mike Barry, of Marks & Spencer; and Andrew Griffiths of Nestlé outlined why it made business sense to go 100% renewable with RE100. Joanna Yarrow said it was actually a lot easier to set a 100 percent renewable goal than 80 or 90 percent.

    RE100 companies shortlisted for awards

    Biogen, Unilever, Marks & Spencer, BT Group, and Aviva have been shortlisted for British Renewable Energy Awards, each recognized for leadership on “mainstreaming renewable energy through the scale of its investment or its commitment to securing its energy needs from renewables.” RE100 member Formula E has also been shortlisted under low carbon transport. An awards ceremony will be held in June.


    SOUTHEAST ASIA

    Knowledge sharing

    A RE100 webinar on April 12 gave an overview of the renewable energy market in Southeast Asia and was attended by around 20 people. Guest speakers included Liam Salter, CEO of RESET Carbon, and Tor Pramoj, Managing Director at BayWa r.e., who looked at markets, policies and economics of renewable energy in Indonesia, Malaysia, the Philippines, Thailand and Vietnam. 


    LOOKING AHEAD

    May 5-6: Climate Action 2016, Washington D.C., U.S. - This event will seek to deepen and expand climate action coalitions and provide a launch pad for climate implementation in the pre-2020 era.

    May 26, 16:00 hrs IST: Knowledge sharing webinar, India - Shailesh Telang, Project Officer, CDP India, will provide an overview of renewable electricity market options available to businesses in India and how these meet the RE100 Criteria.

    May 31: RE100-WBCSD LCTPi workshop on corporate procurement via PPA, San Francisco, U.S. - This workshop aims to review the evolution of the corporate PPA market in the US, shed light on emerging opportunities in Mexico, and engage US companies looking to contract PPAs outside of their national territory. RE100 members are invited to attend.

    June 1-2: Clean Energy Ministerial, San Francisco, U.S. - This event will convene 23 participating countries and the European Commission to promote policies and share best practices to accelerate the global transition to clean energy. A RE100 announcement will coincide.

    June 28-29: Business & Climate Summit, London, U.K. - The Climate Group and core Summit partners will convene businesses and governments to agree a roadmap for reaching net zero emissions over the next half century. We are in contact with RE100 companies regarding speaker opportunities. A separate RE100 side event will be held on June 29, 16:00-21:00hrs, for which sponsorship opportunities are available. We will bring together RE100 companies, prospects, partners and stakeholders to hear a unique panel of board members share what questions they need answering to agree to a corporate 100% renewable electricity commitment. This will be followed by a networking reception. For further information about sponsorship opportunities contact Chris Brown, Head of Sponsorship and Business Development: CBrown@theclimategroup.org.

    September 19: Signature Event, Climate Week NYC, U.S. - This is The Climate Group’s global flagship event. Run annually for the last seven years, the event has become a milestone in the international climate calendar and a focal meeting point for leading governments, investors, businesses, innovators and opinion formers. We are in contact with RE100 companies regarding speaker opportunities. There will be a RE100 side event on September 20. We will bring together a unique panel of board members to share what questions they need answering to agree to a corporate 100% renewable electricity commitment. This will be followed by a networking reception. Sponsorship opportunities will be available. For further information contact Chris Brown:CBrown@theclimategroup.org.

    June 28-29: Business & Climate Summit, London, U.K. - The Climate Group and core Summit partners will convene businesses and governments to agree a roadmap for reaching net zero emissions over the next half century, helping to ensure that the commitments made in Paris are translated into action. A RE100 side event will be held on June 29, 16:00-21:00hrs. Sponsorship opportunities are available.