RE100 Companies Hit Half-Way Point Toward 100% Renewable Goal
The companies are participants in RE100, a global campaign launched at ClimateWeekNYC in 2014.
“The good news is that RE100 companies in every sector have made progress towards their 100% goals—or in some cases, have already got there”, said Campaign Director Emily Farnworth. “The companies that have been able to make the switch more easily are those with smaller power requirements operating mainly in the U.S. or Europe, where renewable electricity options are most readily accessible.”
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Data from 45 of the companies for 2014 showed that retailers had switched more than 10.7 gigawatt-hours (GWh) of their electricity consumption to renewables. The subset of companies in information and communications technology were closest to the 100% target.
“This report shows us that business corporations around the world are stepping up in making commitments to renewable energy and working with RE100 to drive forward a global market for renewable energy,” said Roberto Zanchi, technical manager, renewable energy at CDP. By reporting their results and sharing best practices, he added, “RE100 companies are demonstrating strong transparency and accountability, which are essential in developing a vibrant, well-functioning market.”