We are now in the Climate Decade – the decade in which the world has to act together to halve global emissions. That means businesses across all sectors have to play their part.
One of the sectors that often faces a great deal of scrutiny is the fashion industry – and rightly so. As one of the world’s most polluting industries, it’s crucial that companies in this space are going further and faster to decarbonize their operations. Not only does it make business sense, but collectively they have the responsibility and power to accelerate the clean energy transition.
At The Climate Group, we work with 15 leading international fashion, apparel, textile and footwear retailers committed to climate action, specifically being powered by 100% renewable electricity through RE100, in partnership with CDP, and making smarter use of energy through EP100. We now need more businesses to join them, more ambitious targets set and most importantly, more action to fulfill these pledges.
With renowned fashion labels currently taking to catwalks around the world for Autumn/Winter shows as part of Fashion Week, we’ve heard from some of our members about their plans for this critical decade of climate action. Here’s what they have to say:
Swedish fashion brand, H&M Group, has been committed to 100% renewable power since RE100 was founded over five years ago, and are already sourcing over 90% of their electricity from renewables. They were also the first international fashion retailer to pledge to double their energy productivity through EP100 in 2017.
Alongside installing LED lighting in new stores and retrofitting and upgrading heating, ventilation, air conditioning (HVAC) systems and lighting controls in more mature markets, they also have plans to invest heavily in innovative, energy-saving technologies to build stores using 40% less energy than those constructed today.
Transitioning to renewable power and making smarter use of energy has long been a key component of H&M Group’s climate strategy. They say that the main motive to join our corporate leadership initiatives is summed up by the adage: if you want to go fast, go alone; but if you want to go far, go together. They believe it is only through collaboration with others that industry-wide challenges, such as climate change, can be tackled.
KIM HELLSTRÖM, CLIMATE STRATEGY LEAD FOR H&M GROUP:“Business cannot act as if they own the planet and even if we may compete on street level, we should stand joined in action for a sustainable fashion future. Belonging to an industry very dependent on materials such as cotton and with an intensive use of water and chemicals, climate is a top priority in H&M Group’s sustainability agenda. We see exciting years ahead as we should be climate neutral by 2030 and climate positive by 2040. Ambitious emission reduction programs and investments in renewable energy in our whole supply chain will play a key role in that journey. And even though there is still a lot to explore on how we can help the planet to recover from and resist climate change, we are definitely committed to take a lead role and inspire others.”
Luxury fashion brand, Burberry, is a global retailer and manufacturer that employs over 10,000 people and has over 400 retail locations worldwide. Joining RE100 in 2017, Burberry is on track to procure 100% of its electricity from renewable sources to power its whole business by 2022. Currently, 58% of their total energy (including 68% of their electricity) is obtained from renewables.
But not only is Burberry focusing on reducing emissions from their direct operations – which is also consistent with the Paris Agreement’s goal of limiting the global temperate increase to 1.5˚C – they are similarly targeting indirect emissions from across their value chain, including the impact from sourcing raw materials and manufacturing finished goods.
PAM BATTY, VP OF CORPORATE RESPONSIBILITY, BURBERRY:
“We have had leading environmental and social programmes in place for more than 15 years to protect the environment and our communities around the world. In 2017 we set goals for 2022 covering our operations, supply chain and extended communities, which are designed to drive positive change through innovation, research and partnerships. We have since expanded our climate goals by setting more ambitious science-based targets along our entire value chain in line with the aims of the Paris Climate Agreement. Looking ahead to the next 10 years, we think real progress will come through collaboration, to share best practices and meaningfully scale existing solutions. We will only have true impact as an industry if all players move as one.”
RALPH LAUREN CORPORATION
Ralph Lauren, the premium fashion house, has committed to powering 100% of its globally owned and operated offices, distribution centers and stores with renewable electricity by 2025.
To achieve their goal, they will pursue a combination of virtual power purchase agreements in North America as well as assess a select number of U.S. sites for onsite solar power installations. For the remaining electricity use, the company will purchase Green Power Products, including Renewable Energy Certificates, Guarantees of Origin and International Renewable Energy Credits.
PATRICE LOUVET, PRESIDENT & CEO, RALPH LAUREN CORP:
“A world that is beautiful and cared for is the ultimate luxury, and we have a role to play in protecting it by addressing our impacts and creating a more sustainable future. At Ralph Lauren, we are strengthening our commitment to address climate change, one of the biggest challenges facing our world, by joining the movement of companies driving the adoption of renewable energy with RE100 and affirming our support for the Paris Agreement.”
PVH is one of the largest global apparel companies, owning and marketing brands such as Calvin Klein, Tommy Hilfiger, Van Heusen and Speedo. Alongside its RE100 commitment of powering 100% of its operations with renewables by 2030, they have also set an intermediate goal of reaching 50% by 2025.
PVH recognizes that progress against climate change starts with external measurements and accountability. The steps they are taking include engaging with suppliers operating the most energy-intensive facilities to set targets and reduce greenhouse gas footprints, working to develop products with lower environmental impact and collaborating with suppliers to drive renewable energy transitions.
MARISSA PAGNANI MCGOWAN, SVP, CORPORATE RESPONSIBILITY, PVH CORP
“The magnitude of the climate crisis is more apparent than ever and it is clear that the private sector will continue to play an integral role in global environmental concerns – from climate change to conservation – and we consider it our responsibility to help build a more sustainable future. As companies and organizations answer the urgent call for change, equally pressing is the need for concrete actions to make progress possible on an individual and systemic level. Committed to driving fashion forward for good, at PVH we are turning words into actions and working to address key issues on the world stage and in our own value chain.”
RE100 welcomed 15 new members across November and December: Dell, Dexus, Grape King, Hazama Ando Corporation, Hulic, LIXIL Corporation, Logitech, Macquarie, Mirvac, NAB, NREP, Pernod Ricard, Radio Flyer, Rakuten and Ralph Lauren.
- RE100 Progress and Insights Report released at the start of COP25.
- New Advisory Committee selected.
- New RE100 partner in the Republic of Korea and partners reviewing the Green Price Scheme.
- Taiwanese Authorities recognise the importance of corporate sourcing, referencing RE100.
- RE100 celebrates a year in Australia with a packed event.
Read on to find out more."As a leading Australian property group, we know that we can have a significant...impact by eliminating our carbon emissions and transitioning to...100 per cent renewable energy, and we intend to do this before 2030."Annual Progress & Insights ReportRead about the progress members are making in the latest RE100 Annual Report. Released at the start of COP25, the findings have been used to call on governments and the energy sector to step up and remove barriers for committed companies. Thank you to members that have helped spread the word on social media. The Climate Group's CEO - Helen Clarkson, outlined findings in an interview on BBC World News and it was featured in City A.M. and reNews among others.RE100 Advisory CommitteeThe new Committee is now in place including 9 corporate members and 7 independent advisers, providing members with a greater active voice. The first meeting will take place in Q1 2020. If you would like to feed your views in to this meeting please get in touch with Guste Saduikyte the new RE100 Engagement Manager.
RE100 in the Republic of KoreaThis month, we formalised a new partnership with KSNRE to complement KoSIF's technical skills. Also, we can now confirm that the draft Korean Green Price Scheme is compliant with RE100's technical criteria. Local RE100 partners are liaising with government officials to resolve outstanding limitations of the scheme. Updates to follow soon.RE100 in the Taiwanese MarketAt a major industrial conference last month, Tsai Ing-wen, Leader of the Taiwanese authorities, described the importance of driving green supply chains. She directly mentioned RE100 in her speech and the article posted by the presidential office points out that corporate sourcing of renewable electricity is a worldwide trend and is required by international RE100 companies.RE100 Anniversary Event at AtlassianOur Australia Coordinator, Jon Dee, ran an RE100 one-year anniversary event hosted by Atlassian last month. Mike Cannon-Brookes and Michael Liebreich joined him on stage along with member representatives from Unilever, Ingka group (formerly IKEA Group) & NAB to discuss corporate leadership on renewables in Australia.
Catch up: Webinars2019's final RE100 Campaign Update Webinar took place last month, updating members on the last quarter's activities. Catch up on the November Gold Webinar: Peace Renewable Energy Credits - Supporting Renewable Energy and Impact in Fragile States (get in touch for the password). See also our EV100 webinar - Electric mobility and renewables - learnings from Solar Power Europe (Available to all).Mike Cannon-Brookes, Atlassian co-founder and co-CEO, in conversation with Jon Dee, RE100 Australia Coordinator, at the RE100 Australia Anniversary Event hosted by member Atlassian
RE100 has now introduced a new Materiality Threshold. Please visit our website to learn more.
We are bringing together our plans for the 2020 Gold Member Webinar series. Gold Members, if you have any suggestions or would like to share a case study please do get in touch.
We are also developing plans for quarterly communications pushes around specific themes. We will be inviting members to help shape our stories, giving priority to Gold members. We will share more information in the next Campaign Update Webinar.
The Estée Lauder Companies Inc. achieves 100% renewable electricity in US and Canada ahead of schedule and announces VPPA
JP Morgan Chase completes order for solar installations in pursuit of their 100% clean energy goal
Fifth Third accepts award for top 10 solar recognition
Google to become largest corporate buyer of renewable energy in South Carolina
Organic Valley runs 10% of farms on solar power and advocates for GREEN Act
Dates for your diary:
January 23, 2020: GSMA Renewable Energy for 5G Europe Conference & Corporate Buyers Bootcamp, Brussels, Belgium. To learn more about the transformative power of 5G and its ties to the renewable energy sector, join RE100 at the first Renewable Energy for 5G Europe conference where we will be speaking.
February 4-5, 2020: RE-Source Poland Conference, Warsaw, Poland. This is primarily an opportunity for offtakers to get a better understanding of cPPAs and their specific characteristics, to learn about their types, and to adopt the model most suitable for their company’s profile.
February 4-6, 2020: GreenBiz 20, Pheonix, Arizona, USA. This is the premier annual sustainable business event. Join more than 1,500 sustainability leaders from business, government, academia and NGOs to explore the latest trends and form valuable connections. Members can save 10% off registration with the code GB20TCG.
February 19-20, 2020: RAWI Forum, Moscow, Russia. This event brings together professionals from all sectors of the new energy industry within and outside Russia to communicate and exchange experiences, provides opportunities to ask questions directly to industry leaders. RE100 will be speaking.
March 5, 2020: Global Environmental Action (GEA) conference, Tokyo, Japan: Integration of the Environment and Economy: Towards a Virtuous Cycle of Environment and Growth. RE100 will be speaking. Please contact us if you are interested in attending.
March 26, 2020: RE-Source UK event, London, UK. This is the UK’s leading event for energy buyers and suppliers discussing the growth of clean energy sourcing in the corporate and public sector. Register early to benefit from the B2B network opportunities on offer. RE100 will be speaking.
March 31-April 1, 2020: REC Market Meeting 2020, Amsterdam, Netherlands. The 10th anniversary of one the largest and most respected conferences for experts in the development of energy attribute certificates (EACs) and demand-side choice for energy consumers around the world. RE100 will be in attendance.
Multinationals are pushing for governments to make way for 100% renewable electricity – says new report of most ambitious global companies
- RE100, the global corporate initiative led by The Climate Group in partnership with CDP, now numbers 200+ targeting 100% renewable electricity, by 2028 on average; and one in three are already >75% renewable, new report finds;
- One in two set to use their influence with stakeholders, such as policy makers and utilities, to push for faster transition to renewables;
- RE100 membership has grown by over a third in the last year, with the energy-critical Asia Pacific region accounting for over 40% of new joiners.
- Three more companies join today, including Ralph Lauren Corporation
Madrid, Spain: The world’s most influential companies are actively engaging with policy makers and utilities to accelerate the transition to renewable energy, a new RE100 report finds today (December 2) – but governments must now remove the remaining barriers.
Going 100% renewable: how companies are demanding a faster market response is the 2019 RE100 Progress and Insights Annual Report from international non-profit The Climate Group in partnership with CDP. It tracks the progress of more than 200 member companies toward 100% renewable electricity.
The report reveals that although members are increasingly opting for cost-effective sourcing methods that directly bring additional renewable energy capacity online, unfavorable policy and market structures are inflating prices and making it harder to switch in places such as China and Russia.
The good news is that half of members (49%) are planning to partner with and influence stakeholders (such as governments and energy companies) by the end of next year, to help create markets for renewables. Such efforts are already bringing about policy changes in the Republic of Korea and the Taiwanese market, where to date access has been difficult.
This week policy makers are gathering at the UN Climate Change conference (COP25) in Madrid, Spain, to discuss how to bring ambition in line with the objectives of the Paris Agreement. Analysis released last week by the UN Environment Programme showed on current unconditional pledges, the world is heading for a dangerous temperature rise of 3.2˚C.
Helen Clarkson, CEO, The Climate Group, said: “At a time when UN research has said countries are underdelivering on climate action, leading businesses are stepping into the void left by national governments and accelerating the clean energy transition.
“With ten years left to halve greenhouse gas emissions, it is vital that governments respond faster to rising demand for renewable energy. Without decisive action, countries and the energy sector risk losing out on billions of US dollars in investment from RE100 companies.”
Paul Simpson, CEO, CDP, said: “Corporate demand for renewable power is rapidly growing as the world moves to address the climate emergency. Encouragingly, we see renewable energy increasingly becoming a matter of business competitiveness in numerous markets around the world.
"Many companies are now making the shift because it makes business sense – in part due to changing expectations from their key stakeholders – be that investors, customers or employees. Now is the time to meet the demand and speed up the clean energy transition”.
Ambition and progress
Three in four companies are targeting 100% renewable electricity by 2030 by the latest. More than 30 companies have already reached 100% renewable electricity, and four members have surpassed ambitious interim targets.
Signify was already sourcing 89% renewable electricity in 2018, and is now addressing more challenging geographies. In 2019, the company signed a 10-year virtual power purchase agreement (PPA) in Poland, overcoming challenges around cost, regulatory uncertainty and double-counting.
Robbert Slooten, Global Sustainability Program Manager, Signify, said: “Developers should be aware that energy off-takers are willing to commit – until then it’s a chicken and egg situation.”
Storage and information management services company Iron Mountain made significant progress on renewable electricity (+39%) in 2018, thanks to new PPAs with large scale renewable energy projects.
Kevin Hagen, Vice President of Environment, Social, Governance Strategy, Iron Mountain, said, “A secret ingredient to making progress fast has been external collaboration. Working with peers, NGOs, utility companies and even our competitors has helped us go further and faster than we could have by ourselves.”
Philips increased its global renewable electricity share from 79% in 2017 to 90% in 2018, and benefits include improved internal efficiency.
Robert Metzke, Global Head Sustainability and Chief of Staff Innovation & Strategy, Philips, said, “Switching to 100% renewable electricity drives lateral thinking, combining many people from different disciplines around a common goal.”
Over a quarter of the renewable electricity sourced by members in 2018 was through direct methods that add renewable electricity capacity to local grids. PPAs accounted for 19%, and self-generation 4%. Two thirds (65%) of members are planning to adopt impactful procurement methods by the end of next year.
44% of members are already influencing their suppliers on renewable electricity (up from 36% the previous year).
Drivers for action
The vast majority of members are acting on the growing demands of their customers, shareholders and employees. 87% cite customer expectations as ‘important’ or ‘very important’, and 76% say the same of shareholder requests. Over 50% identified benefits in terms of employee satisfaction and staff retention.
The business case is still significant; 80% cite cost savings as an ‘important’ or ‘very important’ driver, and despite challenges in certain markets, one in two members have experienced cost savings.
Budweiser, part of Anheuser-Busch InBev (AB InBev), is committed to brewing its beers using 100% renewable electricity. To show consumers when this milestone is reached in each country, a new renewable electricity symbol is added to Budweiser packaging.
Ezgi Barcenas, Global VP, Sustainability, AB InBev, said, “Consumers, employees and investors are all looking for companies to step up with measurable commitments and drive impact in a meaningful way. […] We wanted to give consumers a choice.”
Adobe broke ground on its newest building in San Jose, California, in June 2019. During the planning phase, the company observed widespread interest in sustainability among employees, and decided to make the campus fossil fuel free – powered with renewable electricity only.
Vince Digneo, Sustainability Strategist, Adobe, comments, “The talent Adobe wishes to recruit and retain expects us to set meaningful climate goals and work to meet them. Our RE100 commitment is among the top goals for this.”
Also new today, becoming members of RE100, are:
- Global lifestyle brand Ralph Lauren Corporation (targeting 100% renewable electricity by 2025);
- Taiwanese health food manufacturer Grape King (100% by 2035);
- Japanese construction company Hazama Ando Corporation (100% by 2050);
- US toy company Radio Flyer (100% by 2020).
Halide Alagöz, Chief Supply Chain and Sustainability Officer, Ralph Lauren Corporation, said, “At Ralph Lauren we are integrating sustainability across every aspect of our business, and addressing our impact on the environment is a critical part of our journey. We have a responsibility, along with other businesses, to take action on the climate crisis. Joining RE100 with our commitment to power all globally owned and operated offices, distribution centers and stores with 100% renewable electricity by 2025 is an important step forward.”
Dr. Andrew Tseng, Chairman and CEO, Grape King, said, “We look forward to joining the growing community of over 200 RE100 companies to support each other in achieving global renewable energy goals. We hope to encourage other companies to join the RE100 initiative to help drive more demand in our market for renewable energy options.”
Robert Pasin, Chief Wagon Officer, Radio Flyer, said, “At Radio Flyer, we love the outdoors and want to preserve the environment for future generations of trike pedallers and wagoneers. That is why we are excited to join RE100 and set a target to achieve 100% renewable electricity across our global operations by 2020.”
RE100 member The Estée Lauder Companies Inc. has reached 100% renewable electricity (RE100) in the US and Canada ahead of schedule. This success is attributed to the company’s renewable energy solutions in its portfolio.
Led by The Climate Group in partnership with CDP, RE100 is a global leadership initiative bringing together influential companies committed to sourcing 100% renewable power for their global operations.
Through RE100, the beauty giant has set a target to source renewable electricity for its full operations by the end of 2020 and is now moving faster than expected in North America. Today, the company announced they have signed a virtual power purchase agreement (VPPA) for wind energy, making The Estée Lauder Companies Inc. the first prestige beauty company to execute a VPPA.
The VPPA is the company’s largest renewable energy contract globally and will support the development of the Ponderosa wind farm in Beaver County, Oklahoma. The Ponderosa wind farm alone will cover more than half of the company’s global electricity footprint with renewable energy technologies, putting the company on target to meet its global 2020 RE100 commitment.
Amy Davidsen, Executive Director – North America, The Climate Group, said: “We’re so excited to see that The Estée Lauder Companies Inc. has reached 100% renewable electricity in the US and Canada ahead of schedule. This is a significant milestone toward the company’s global RE100 goal and demonstrates it is possible to go further and faster on renewable energy.”
“The Estée Lauder Companies Inc. is committed to innovating to help achieve a low-carbon future,” said Nancy Mahon, Senior Vice President, Global Corporate Citizenship and Sustainability of The Estée Lauder Companies Inc. “We’re so pleased to meet our 2020 RE100 commitment for North America early. Projects like the Ponderosa wind farm and others in our Net Zero portfolio are all significant achievements toward our commitments to address climate change.”
A forward-looking investment
Under the VPPA, the company will purchase the energy produced by 22 megawatts (MW) of the Ponderosa wind farm, owned and operated by a subsidiary of NextEra Energy Resources, which equates to approximately 10 wind turbines.
The wind energy the company will buy from Ponderosa is equivalent to powering more than 9,000 typical US homes and will reduce fossil fuel emissions equivalent to removing more than 14,000 cars from the road annually.
According to NextEra, the project will provide economic benefits for the local community including an estimated 200 construction jobs, $30 million in landowner payments, and $70 million in tax revenue.
The Ponderosa VPPA is the latest renewable energy project in the company’s renewables portfolio, which also includes a 1 MW solar PV system at its Whitman Laboratories in the U.K. and 1.4 MW ground-mounted solar array recently constructed at the company’s Melville campus in New York, among other projects in the pipeline.
“By installing solar panels and signing a virtual power purchase agreement for wind energy, The Estée Lauder Companies Inc. is directly adding renewable energy capacity to the grid. This is leading by example and we want many more companies to follow suit,” added Amy Davidsen.
Read here to learn more about RE100.
With 12 more companies joining the initiative, RE100 has surpassed a 200-member milestone. Our annual Global Members Forum during Climate Week NYC and the RE-Source conference enabled members to identify collaboration opportunities and accelerate progress. In the Republic of Korea, the Government launched a new tool to help companies progress toward their RE100 goals. Scroll down to check our upcoming events and webinars.
"If all companies moved on this we wouldn't need governments. If all governments moved on it we wouldn't need business. But now we need both."
Barry Parkin, Chief Procurement and Sustainability Officer, Mars
200+ RE100 members!
RE100 surpassed a 200 member-milestone during Climate Week NYC. A warm welcome to our 12 new members: Accenture, ANZ Banking Group, Asahi Kasei Homes, Deutsche Telekom, Fujikura, JCDecaux, Jinko Solar, Lululemon, Symrise, Takashimaya, Target and Trane.
Climate Week NYC and Global Members Forum
More than 300 events took place during Climate Week NYC in September, bringing together business, government and civil society to accelerate climate action. We held our annual Global Members Forum with more than 80 members to celebrate five years of RE100 and explore how to go further and faster. Members can contact us for a copy of the presentation.
RE-Source & European buyers bootcamp
The RE-Source platform (of which we are a founding member) ran its third annual conference, bringing together hundreds of buyers and sellers of energy in Europe to accelerate the uptake of renewable electricity. This saw the launch of the RE-Source Buyers’ Toolkit and the first RE-Source Corporate Buyers Bootcamp where RE100 members shared experiences and best practices with their peers.
Advancing clean energy in the Republic of Korea
The Korean Ministry of Trade, Industry and Energy introduced the first domestic market tool enabling companies to source renewable electricity. This first step could benefit more than 30 RE100 members with operations in Korea, and help encourage local companies to join the initiative. This month RE100 members met to explore how they can further support the deployment of renewables in Korea. Contact us to get involved.
Catch our latest Gold Member webinar: How to go Renewable in your Australian Operations with Business Renewables Centre – Australia, and Westpac (get in touch for the password). Also catch our EP100 webinar Making every kW count in Better Plants: Experiences from Schneider Electric to learn about the US Department of Energy's Better Plants Program and how its strategic approach to energy management has driven success in achieving energy targets.
At VERGE, Kristin Hanczor (Corporate Engagement Manager, The Climate Group North America) facilitated a panel conversation with RE100 members Iron Mountain and WeWork on the topic of How to Ensure Your Landlord Doesn't Blow Your Clean Energy Goals.
Unilever has achieved 100% renewable power across five continents.
Dentsu Aegis Network is accelerating towards its RE100 commitment, having already reached 90% renewable power.
Ingka Group will produce more energy than it consumes in 2020, having invested over €2.5 billion in 534 wind turbines and 920,000 solar panels.
Mars has launched a new #PledgeForPlanet initiative, calling on all its suppliers to join RE100 and set science based targets.
Tesco signed three power purchase agreements (PPAs) for a total of 60 MW in the UK. This includes 5 MW of on-site solar PV.
Iron Mountain has announced its largest new on-site solar PPA to date, with a 7.2 MW solar installation at its Edison, New Jersey, data center that will cover 15% of the site's needs.
T-Mobile US has signed five renewable energy deals in the US, bringing the company to 95% clean power.
Nike has opened a new distribution center in Belgium that will be powered with 100% renewable electricity.
Apple has been awarded a UN Climate Action Award for reducing carbon emissions and driving forward on renewable energy.
November 7, 2019: Peace Renewable Energy Credits: Supporting Renewable Energy and Impact in Fragile States.
The Peace Renewable Energy Credit (P-REC) is an unbundled Energy Attribute Certificate with social and environmental co-benefits that has been designed to support new renewable energy development in highly fragile, energy-poor and climate-vulnerable countries. This is for our Gold Members only - get in touch if you would like to join but have not received an invitation.
Dates for your diary:
November 6, 2019: Energy Storage for Corporate Buyers, Brussels.
Taking place as part of the Digital Solar and Storage 2019 conference, this workshop will showcase the potential and business value of onsite energy storage for companies. Attending the workshop allows free access to the conference and a networking dinner. If you are interested in joining, contact Lluis Manso at Solar Power Europe.
November 7, 2019: Solar Goes Corporate: Where Clean Energy Buyers and Providers Converge, Washington, D.C.
Organized by the Solar Energies Industry Association, this event will attract over 200 clean energy, procurement and sustainability professionals to discuss renewable energy sourcing in the US. RE100 members can register for one free pass per company using the code CORPORATE19.
November 14, 2019: EFET legal workshop - Corporate PPA contract, Paris.
This masterclass will be a full day of legal training for existing or prospective users of the EFET standard corporate PPA contract. It is targeted at trading lawyers, traders and front office personnel, contract negotiators or administration managers, etc. RE100 members benefit from a 15% rebate by registering here.
November 14-15, 2019: Asia-Pacific Forum for Renewable Energy 2019, Jeju, Republic of Korea.
Taking place at the Masion Glad Hotel, AFORE brings together renewable energy experts form East and Southeast Asia. RE100 members are invited to attend a tailored session to learn about opportunities for corporate sourcing in those regions and are exempt of the $600 registration fee. Register here.
November 20, 2019: RE100 members meeting in Australia, Sydney.
This exclusive event for RE100 members will celebrate the first anniversary of RE100 in Australia and discuss the benefits of corporate PPAs. Speakers include Mike Cannon-Brookes, Co-founder and co-CEO of RE100 member Atlassian, and Michael Liebreich, CEO of Liebreich Associates and founder of Bloomberg New Energy Finance. RSVP here.
- Almost 300 multinational businesses with a combined revenue of US$5.5 trillion now driving climate action on renewable power, electric transport, and smarter energy use in more than 140 markets worldwide;
- Climate Week NYC sees biggest year yet with 20+ new signatures to international non-profit The Climate Group’s corporate leadership initiatives - nine of those in RE100;
- Ambitious new commitments include Deutsche Telekom targeting 100% renewable electricity by 2021;
- But a vast global scale-up still needed – The Climate Group calls on thousands of major businesses around the world to get ready for the ‘Climate Decade’.
NEW YORK CITY: Climate Week NYC is witnessing its busiest year yet for ambitious corporate action with 20+ new commitments on cleaner, smarter energy, The Climate Group has revealed – but a vast global scale-up is still needed to deliver on the Paris Agreement and limit a global temperature rise to 1.5˚C.
Almost 300 multinationals across every major sector are now committed to action, representing US$5.5 trillion in combined revenue, with operations in more than 140 markets and more than 16 million employees – almost double the workforce of New York State.
Committing to 100% renewable electricity today
US retail giant Target Corporation, Europe’s biggest telecommunications operator Deutsche Telekom, Japanese department store chain Takashimaya, and Australia and New Zealand Banking Group Limited (ANZ) are committing to source 100% renewable electricity as part of the RE100 initiative, led by The Climate Group in partnership with CDP.
Also signing up today are leading global outdoor advertising company JCDecaux, global professional services company Accenture, US heating and ventilation technology company Trane, and the world’s largest solar module manufacturer JinkoSolar – headquartered in China. They follow hot on the heels of the Canadian athletic apparel company lululemon, which joined RE100 on Friday.
Marking five years since The Climate Group launched RE100 at Climate Week NYC 2014, today’s pledges see the award-winning initiative surpass a 200-member milestone, driving 220 TWh of renewable electricity demand – almost enough to power Indonesia. By delivering on their goals, member companies are set to save the equivalent annual CO2 emissions of 27 US coal fired power stations.
Helen Clarkson, Chief Executive Officer, The Climate Group, said, “It’s incredibly exciting to convene so many companies leading by example on cleaner energy and transport this Climate Week NYC. From the US and Europe to India and Japan, ambitious business action is starting to accelerate market change around the world.
“Supportive policies are important, but the business case is clear, and Chief Financial Officers everywhere must ready themselves for this, the Climate Decade. The private sector has a vital role to play in halving global emissions by 2030 – we won’t stop pushing until thousands of companies are moving forward at pace.”
Cristina Gamboa, CEO, World Green Building Council commented: "The building and construction sector is stepping up to take climate action. The World Green Building Council global network is helping more and more business leaders and cities on the pathway to a net zero carbon future through our Net Zero Carbon Buildings Commitment. I’m delighted to welcome the new corporate signatories who are leading the way to transform the built environment to make healthier and more sustainable."
Commitment detail and quotes
Target will source 100% renewable electricity across its entire operations – including more than 1,800 stores, dozens of warehouses and global offices – by 2030, with the interim goal of reaching 60% by 2025. The company is investing in projects that produce electricity through renewable resources, like solar and wind, and is on its way to installing 500 rooftop solar panels by 2020. These efforts will help Target to meet its broader climate goals and deliver on its commitment to creating a more sustainable future.
John Leisen, Vice President, Property Management, Target, said, “Target puts the needs of people, communities and the planet at the center of everything we do, to help create a better tomorrow. Our climate and energy goals are important initiatives to help deliver on that promise. At Target, we’re committed to operating all our facilities with 100% renewable electricity by 2030 and are thrilled to be joining RE100 in recognition of that commitment.”
One of the largest banks in Australia, ANZ has made an ambitious commitment to sourcing 100% renewable electricity by 2025. The bank is driven by its broader sustainability strategy and in part by the actions and growing expectations of its customers as they seek to manage energy price volatility. In 2017, ANZ joined a collective to source renewables via joint power purchase agreement (PPA) in Victoria. Future plans include signing additional PPAs for wind and solar energy (partnering with customers where possible), and increasing installations of onsite solar panels. The priority will be Australia and New Zealand – its largest footprint – followed by the rest of its operations.
Kate Langan, Group GM Property, Australia and New Zealand Banking Group Limited, said, “We are committed to reducing our environmental footprint in line with our focus on environmental sustainability. Moving to 100% renewable energy for our electricity by 2025 not only makes good business sense, it is good for the planet and reflects our ongoing support for the goals of the Paris Climate Agreement.”
RE100 and EV100
Japanese department store chain operator Takashimaya is targeting 100% renewable electricity globally by 2050, including through solar power and biomass. The company will also transition its entire vehicle fleet to electric and install customer charge points at all stores in Japan, plus stores in China, Singapore, Thailand and Vietnam by 2030 (where possible). Eventually, all of its charge points will provide renewable electricity.
RE100 and EP100
JinkoSolar, a world leading solar manufacturer in China, pledges to lead by example by powering its own operations with 100% renewable electricity by 2025. It will use solar energy generated by sister company JinkoPower, install solar panels on all existing factory rooftops, and build new factories in regions with access to renewable energy sources such as solar, wind, hydro. The company will also encourage its suppliers to source renewable electricity. At the same time, JinkoSolar will deploy an energy management system by 2030 and improve its energy productivity by 30% by 2025 against a 2016 baseline. To progress toward this goal, the company has signed up to the EP100 Cooling Challenge to increase the energy efficiency of its cooling operations.
Kangping Chen, CEO, JinkoSolar, said, “At JinkoSolar, we care as much about the sustainability of our products as we do the way we build them. Going green is our business, from the inside out, and we’re thrilled to be the world’s first solar manufacturer to be a member of RE100 and EP100 simultaneously. It makes business sense to save energy and switch to renewables. Being a responsible corporate citizen is more than just good business practice – it helps make society more sustainable and healthy.”
Notes to editor
- Full list of new corporate commitments
Accenture – 100% by 2023 ANZ – 100% by 2025 Deutsche Telekom – 100% by 2021; JCDecaux – 100% by 2022; JinkoSolar – 100% by 2025 (70% by 2023), also joining EP100; Lululemon – 100% by 2021 Takashimaya – 100% by 2050, also joining EV100; Target Corporation – 100% by 2030 (60% by 2025); Trane – 100% by 2040 (60% by 2030), also joining EP100.
- According to official data, New York State has 8.3 million employees.
- At Step Up: The Business Case For Greater Government Ambition, The Climate Group’s flagship business event for Climate Week NYC on Wednesday, September 25, leading companies will highlight the progress they are making across renewable power, electric transport and energy productivity, looking to national governments to step up their own ambition to set the global direction for delivering a clean economy.
- Sunday (September 22) saw the announcement of more companies committed to setting climate targets across their operations and value chains aligned with limiting global temperature rise to 1.5˚C and reaching net-zero emissions by no later than 2050. RE100, EV100 and EP100 are practical steps companies can take towards these goals.
- Last Friday (September 20), The Climate Group released survey results showing nearly two-thirds (64%) of Gen Z Americans want to work for employers committed to tackling climate change.
- Last week, RE100 members Unilever, Dentsu Aegis Network, Ingka Group (formerly IKEA) and Google announced major progress announcements on renewable electricity.
RE100 has been recognized for its global leadership at the Green Power Leadership Awards in California. We've welcomed 5 new members this month: Dai-ichi Life, Envision, New Balance, Panasonic and Virgin Media. We're also looking forward to seeing members at our forthcoming events: RE100 Global Members Forum at Climate Week NYC, closely followed by RE-Source, Amsterdam. Read on to learn more on these and our new Advisory Committee.
RE100 leads market development globally
RE100 has been awarded the International Market Development Award at the Green Power Leadership Awards, presented by the US Environmental Protection Agency in conjunction with the Center for Resource Solutions. It honors innovative industry leaders that are champions of renewable energy and accelerating the development of green power markets.
COMING UP: Global Members Forum, Climate Week NYC and RE-Source 2019 & Bootcamp, Amsterdam
Only a few places remain for the RE100 Global Members Forum on September 25 at Climate Week NYC. This is followed by RE-Source 2019, Amsterdam on October 1-3, with a buyers only bootcamp from 3:30pm on October 1, led by The Climate Group and WBCSD. RE100 members can register for free here.
RE100 governance – Advisory Committee
Nominations have closed for RE100 members to join our new Advisory Committee. Applications will be reviewed by the existing Steering Committee over the course of September, with selected companies to be announced by the end of this month. The August Campaign Update Webinar contains more details - members can get in touch to view the recording.
RE100 Gold Member Webinar Series
Catch our latest Gold Member webinar: Sustainability Leadership Standard for Solar PV Modules with NREL Colorado (Gold Members: please get in touch for the password).
Kristin Hanczor, Corporate Member Engagement Manager, North America, The Climate Group, collects the International Market Development Award for RE100. Congratulations to fellow prizewinner and RE100 member Microsoft.
Dates for yout diary:
September 9-12, 2019: World Energy Congress, Abu Dhabi
The Congress offers a unique platform to profile RE100 to global energy leaders, attracting 7,000 delegates from 100+ countries and 50+ government Ministers. RE100 Australia Coordinator Jon Dee will represent the initiative.
September 18, 2019: FREE WEBINAR: The RE-Source Corporate Buyers' ToolkitGet up to speed on the current state of play on European PPAs and learn about the products in RE-Source's corporate buyers’ toolkit ahead of its official release at RE-Source 2019.September 23-29, 2019: Climate Week NYCRun in coordination with the UN and the City of New York, Climate Week NYC continues to grow and be the time and place for the world to showcase amazing climate action and discuss how to do more. Only a few priority places remain for RE100 members.
September 25, 2019: RE100 Global Members Forum, Climate Week, NYC
Members are invited to join us in New York for our Global Members Meeting. This will be an opportunity to network, learn from your peers and identify collaboration opportunities.
September 30, 2019: WEBINAR: How to go Renewable in your Australian Operations
Business Renewables Centre - Australia (BRC-A) will showcase its online platform providing useful material for the PPA process. Ceri Binding, Head of Energy & Utilities, Westpac Bank, will talk about the bank's renewable energy PPA, and Jon Dee, RE100 Australia Coordinator, will update on the development of RE100 in Australia. Invitations will be sent out shortly to members.
October 1, 2019: RE-Source Corporate Buyers Day, Amsterdam
As part of our RE-Source 2019, we will be providing a half-day program, exclusively aimed at corporate buyers of renewable electricity. It will provide practical information, inspire companies to go further and faster and provide a unique opportunity to connect with peers and exchange knowledge. RE100 members can register for free.
October 20-22, 2019: REBA Fall Summit, Oakland, CA
REBA members will spend two days with renewable energy buyers, service providers, developers, and other key market stakeholders in interactive sessions to address barriers and create solutions to accelerate the market at this invitation-only event.
October 22-24, 2019: VERGE 2019, Oakland, CA.
The Climate Group will be participating in several events at VERGE 19, discussing our RE100, EP100 and EV100 work. All RE100 members can use the code V19TCG for 10% off the conference registration before september 27.
October 22, 2019: RE100 Members Meeting Korea
Run in coordination with the UN and the City of New York, Climate Week NYC continues to grow and be the time and place for the world to showcase amazing climate action and discuss how to do more. Only a few priority places remain for RE100 members.
October 23-25, 2019: Korea International Renewable Energy Conference, Seol
KIREC is the first time the RE21 Biennial International Renewable Energy Conference will take place in South Korea. Sam Kimmins, Head of RE100, The Climate Group, will be presenting on RE100, following the members meeting (above).
Please check our website regularly to keep track of what’s coming up.
Please send us case studies demonstrating your leadership on renewable electricity. We're looking for good examples to feature in our forthcoming Progress and Insights Annual Report 2019 and will be in touch with companies in due course.
Congratulations to the RE100 members and fellow winners at the Green Power Leadership Awards in San Diego on September 5: Bank of America, Equinix, General Motors, Google, Johnson & Johnson and Microsoft.
US based Fifth Third Bank has made history by being the first company to reach its RE100 target from a single solar project. Congratulations also to Organic Valley which annouced being the largest food company to achieve 100% renewable electricity.
Read how HP Inc. is making use of clean energy solutions to achieve sustainable impact.
Iron Mountain has opened a data centre in Pheonix powered by 100% renewable electricity.
Apple was named the leading procurer of corporate solar in the US with nearly 400 MW of total installed capacity.
Facebook has signed a 200MW wind deal, buying power from a project set to become the largest single-site wind farm in the US.
Envision – an energy technology manufacturer and leader headquartered in China – has joined the global RE100 initiative, setting the most ambitious and earliest 100% renewable target out of member companies from Mainland China.
Led by The Climate Group in partnership with CDP, RE100 now brings together more than 190 major companies from around the world committed to 100% renewable electricity. Many of these have operations and supply chains in China.
Envision is targeting 100% renewable electricity by as soon as 2025, through technologies including wind turbines and solar PV coupled with smart energy management. The plan includes supplying renewable electricity to its battery factories located in Japan, the US, and the UK.
Underlining the business case for switching to renewables globally, the company expects to save hundreds of thousands of tons of greenhouse gas emissions each year by 2025– in turn saving tens of millions of US dollars on its electricity bills.
"The mission of Envision is to solve the challenges for a sustainable future for human beings,” said Zhang Lei, CEO of Envision. He called on other Chinese companies to “join RE100.”
Yuming Hui, China Director, The Climate Group, welcomed Envision to RE100: “It’s a great step forward for Envision to lead by example. We hope it inspires thousands more Chinese companies to take action in their own operations – from buying certificates to installing solar PV and wind turbines, there are solutions available now.”
Winds of change
Companies in the commercial and industrial sector account for approximately two thirds of the world’s end-of-use of electricity. Switching this demand to renewables is transforming the global energy market and accelerating the transition to a clean economy.
While China is a leader in utility scale renewable electricity deployment, to date, renewable energy supply has been less readily available to companies in China. But the market is starting to shift – hastened by growing demand from international business.
In order to help break down the barriers Chinese companies face in switching to renewable energy, Envision will actively participate in local renewable electricity trading pilots, and work with the industry to promote China's establishment of a renewable electric trading market that is in line with international standards.
In 2017 The Climate Group became a founding member of the Green Electricity Consumption Cooperative Organisation (GECCO), to help increase corporate uptake of renewable power in China.
There is a recurring need to help suppliers resolve regulatory ambiguity on local or provincial approval for renewable energy projects in China. To find out how other RE100 members are helping on the ground, read our ‘Going Beyond’ report.
Fifth Third Bank's Aulander Holloman Solar Facility in North Carolina is officially declared open – with 80 megawatts (MW) of capacity, it is one of the largest solar projects in the US.
Built by solar developer SunEnergy1, the facility is expected to generate clean power that is more than or equal to the amount Fifth Third uses in a year, enough to eliminate 143,000 metric tons of greenhouse gas emissions.
It means Fifth Third has reached its 100% renewable electricity goal three years ahead of its 2022 goal.
“Fifth Third is making history”
“Fifth Third was the first member company to contract for 100% solar power and is demonstrating that renewables make business sense,” said Amy Davidsen, North America Executive Direct, The Climate Group.
“By adding clean power to America’s electricity grid, they’re accelerating a cleaner future for us all – and leading the way for other companies to follow suit.”
Fifth Third’s power purchase agreement (PPA) facilitated the construction of the solar field by guaranteeing a fixed price for the electricity it generates, thereby enabling SunEnergy1 to secure funding and begin construction.
The electricity generated by the facility will be resold at market rates into the local electricity grid, and Fifth Third will retire the renewable energy certificates (RECs) from the project.
Banking on solar
The solar setup includes more than 350,000 solar panels generating approximately 202,000 MWh of electricity per year.
Greg D. Carmichael, Chairman, President & CEO, Fifth Third, said: “This is another example of our commitment to improving lives and doing what’s best for our communities and planet – today and into the future.
“This project enables us to contribute positively to the economy of one of our key market states in a way that strengthens Fifth Third Bank’s performance and reaffirms for our stakeholders that we ‘do well by doing good.’.”
The US$200,000 project employed 1,000 construction workers and added tens of millions of US dollars to the local tax base.
The last RE100 Progress and Insights Annual Report showed that PPAs are an increasingly popular way for member companies to source renewable electricity, with the total amount in 2017 reaching just under 9 TWh – almost double the amount reported for 2016. In 2017, PPAs accounted for 20% of all renewable electricity purchased by members in the US.
To find out more about RE100 members, click here.