Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Nike, Johnson & Johnson, Starbucks, And Others Join Pledge For 100% Renewable Electricity

Big-name Fortune 500 companies like Goldman Sachs, Nike, Johnson & Johnson, Starbucks, and others, have pledged to 100% renewable electricity.

As part of Climate Week NYC, a number of big-name Fortune 500-listed companies have joined RE100, “an ambitious global campaign led by The Climate Group in partnership with CDP, to engage, support and showcase influential businesses committed to 100% renewable electricity.”

“Research shows that the most ambitious companies have seen a 27 percent return on their low carbon investments – no wonder new names keep joining RE100,” said Mark Kenber, CEO of The Climate Group. “Lowering risk, protecting against price rises, saving millions and boosting brand is what shaping a low carbon economy is all about. Today these companies are signalling loud and clear to COP21 negotiators that forward-thinking businesses back renewables and want to see a strong climate deal in Paris.”

re100Launched a year ago at Climate Week NYC 2014, RE100 began with 13 original corporate partners — IKEA Group, Swiss Re, BT Group, Formula E, H&M, KPN, Nestlé, Philips, RELX Group, J. Safra Sarasin, Unilever and YOOX Group – as well as Mars, Incorporated, the first US business on board.

Today, 36 major businesses from around the world have joined the campaign.

Newly added to the campaign are companies including Goldman Sachs, Johnson & Johnson, NIKE, Inc., Procter & Gamble, Salesforce, Starbucks, Steelcase, Voya Financial, and Walmart, following in the wake of Elion Resources Group, the first Chinese company, which came on board in March, and Infosys, the first Indian company which joined in May. Swiss financial services provider UBS joined last week, while earlier this week the first science-based participant, Royal DSM joined.

“Climate change is a global issue that requires global solutions,” said Eric Sprunk, Chief Operating Officer, NIKE. “We believe that collaboration is important to accelerate and scale sustainable innovations that have potential to change the world, and Nike is proud to join the leading global brands in RE100 with our commitment to reach 100% renewable energy.”

“As a leading global financial institution, we have had a long standing commitment to finance and invest in clean energy around the world to help the transition to a low carbon economy,” said Kyung-Ah Park, Head of Environmental Markets at Goldman Sachs. “We are also committed to reducing our own carbon footprint, and will target the use of 100 percent renewable power to meet our global electricity needs by 2020. We’re proud to be part of the RE100 initiative as a way to partner with leading companies in expanding the deployment of clean energy.”

 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
 

Advertisement
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (.co.uk), and can be found writing articles for a variety of other sites. Check me out at about.me for more.

Comments

You May Also Like

Clean Transport

With the FIA choosing the race and title winner, Mercedes conceded that "it’s going to take a long time for us to digest" the...

Bicycles

With a motorcycle pedigree and a splash of Formula E racing savvy, the Flluid S1 pedal assist e-bike satisfies the urge to ride a...

Batteries

DS TECHEETAH, a Formula E Team, has announced a new multi-year partnership with Li-Cycle Holdings Corp. The team noted that the ABB FIA Formula...

Cars

What kind of performance potential is built into the Ariya SUV's all-electric powertrain? Nissan answers the question.

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.