Estée Lauder, Kellogg and more are among the latest to commit to RE100, a pledge for companies to commit to powering all their operations with 100 percent renewable energy. With the latest round of additions, 106 companies have now made the commitment—three years ahead of when The Climate Group, which facilitates RE100, planned.
Combined, the companies represent 150 terawatts of annual energy use that will soon come from renewable energy. That’s enough electricity to power New York’s electric needs for an entire year. Companies committed to RE100 include an impressive roster already including Google, Apple and General Motors.
“By joining our campaigns, corporates like The Estée Lauder Companies, Kellogg, DBS Bank and Clif Bar are demonstrating the highest level of commitment to climate action and setting an example at Climate Week NYC. But they’re not doing it out of the goodness of their hearts, renewable power makes business sense, and corporate leadership is absolutely key to delivering on the Paris Agreement at speed,” said Helen Clarkson, CEO of The Climate Group.
New members have set ambitious goals to enhance their renewable energy portfolios. Breakfast cereal and snack giant Kellogg set goals to achieve 100 percent renewable energy and reduce its carbon emissions by 65 percent by 2050. The company intends to reach an interim goal of 40 percent clean energy by 2020 through coordinating purchase agreements with utilities across its operations in the US and Europe. Estée Lauder, an international cosmetic company, has committed to 100 percent renewables by 2020, having already reached 45 percent by 2016.
“As a global company and citizen, we at The Estée Lauder Companies strongly believe that we all play a part in the fight against global climate change. By joining RE100, we are committing to sourcing 100 percent of our global electricity consumption from renewable energy technologies by 2020,” said Nancy Mahon, senior vice president of Global Corporate Citizenship and Sustainability at The Estée Lauder Companies. “We look forward to partnering with RE100 as we work together to protect our planet and ensure a healthier world for generations to come.”
"Climate action simply demands our collective action, and coalitions like RE100 send a clear message that the global business community knows our future success depends on a low carbon economy and that we will use our combined influence to shift the market,” said Kevin Cleary, CEO of Clif Bar & Company. Clif Bar has purchased renewable electricity certificates to equal all of its energy use for the last 10 years and will further plans to lighten its carbon footprint by developing solar and wind installations at its facilities in the US.
It’s not just RE100 pushing for more corporate purchasing of renewable energy. The International Renewable Energy Agency formed the Corporate Sourcing of Renewables Campaign, with companies from 23 countries in June 2016. Those partners will develop and implement policies and resources so more businesses around the world can source more renewables.Tweet