RE100 hailed by global climate leaders after reaching 100 members milestone

Author:
William Brittlebank
Reading time: 5 minutes
11 July 2017

LONDON: The Climate Group's RE100 initiative has been praised by global climate leaders today after reaching its 100 members milestone, with Patricia Espinosa, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC) describing it as “part of an alliance of inspiring actions flourishing across the globe.”

The initiative – which is delivered in partnership with CDP - welcomed AkzoNobel N.V., AXA, Burberry plc and Carlsberg Group as new member companies committing to 100% renewable power.

RE100 supports and showcases the world’s most influential businesses transitioning to 100% renewable electricity across their global operations and its membership now covers a total revenue of US$2.5 trillion.

Together, they are creating approximately 146 terawatt-hours (TWh) in demand for renewable electricity annually – about as much as it takes to power Poland or New York State.

RE100 - by CBS EcoMedia

Espinosa said: “Congratulations to all the companies, and all the individuals within those companies, who have joined the journey to a low carbon, resilient and dynamic future.

“This would not be happening without leadership—and not just at the level of the CEO or a company board. It has been a huge collective effort of people at all levels from those responsible for the business energy needs or the running of manufacturing facilities to those managing retail outlets or working in finance and purchasing.”

AkzoNobel, the Dutch paints and coatings company, is now the second biggest electricity user to join RE100 after Walmart, consuming around 16 TWh annually, and is aiming to be carbon neutral and use 100% renewable energy – heat as well as electricity – by 2050.

French insurance company AXA is targeting 100% renewable electricity by 2025 and is using a combination of approaches to achieve the target, including buying electricity directly from providers and compensating for non-renewable electricity.

Burberry, the global luxury fashion brand, is aiming to procure 100% of electricity from renewable sources to power its entire business by 2022.

The Carlsberg Group, one of the world’s biggest brewers, is switching to 100% renewable electricity at its breweries by 2022, as part of a wider target to become carbon neutral in 2030.

Espinosa added: “This ‘100 moment’ is part of an alliance of inspiring actions flourishing across the globe by corporations but also cities, regions, states, territories, investors and citizens—actions supporting and empowering governments to go further and faster with the Paris Climate Change Agreement.”

Dominic Waughray, Head of Public-Private Partnership, Member of the Executive Committee, World Economic Forum (WEF) also praised the achievement, saying: “Reaching the milestone of 100 companies that have committed to 100% renewables and joined RE100 shows the potential for business to lead, and collectively shift markets to a more sustainable future. This is hugely important in the race to implement the Paris Agreement in the most efficient and prosperous way possible”

RE100 was officially launched at Climate Week NYC 2014 and now brings together leading companies from all over the world, spanning a wide range of sectors, including telecommunications, ICT, home furnishing, clothing, food, banking and insurance.

The initiative includes global brand names like Apple, Facebook, Google and Unilever, and the full list of members can be seen here.

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