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

24 April 2019, 1:00 BST 2 min read

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

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

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

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

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

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

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

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

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

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