The Climate Group has announced a number of new companies to recently become members of its flagship corporate renewable energy campaigns — RE100 and EP100.
Over the past week, as part of Climate Week NYC, a number of companies have committed to 100% renewable energy programs, subsequently joining either RE100 or EP100, The Climate Group’s massive corporate 100% renewable energy campaigns. The two programs have different fields of view — RE100 runs in partnership with CDP and works with companies committed to transitioning to 100% renewable power across all their operations; EP100 is a new global initiative run in partnership with the Global Alliance for Energy Productivity that works with businesses committed to doubling their energy productivity.
The first of the big commitments came last week from American multinational General Motors (GM), which committed to source 100% of the electricity for its operations across 59 countries entirely from renewable energy by 2050. Since then, The Climate Group has seen a number of new companies pledge similar 100% renewable energy goals, including Apple and Bank of America, both of which joined RE100 with announcements onstage at the opening ceremony for Climate Week NYC, as well as eight new members announced on Tuesday — including Hewlett Packard Enterprise, VMware Inc., Rackspace Inc, VF Corporation, Diageo, and DNB.
This brings the number of members of RE100 up to 81, together driving demand of over 100 TWh of renewable electricity.
“It is widely acknowledged that we will not succeed in keeping a global temperature rise below two degrees without significant corporate leadership on energy, and that is what we are seeing here today,” said Damian Ryan, Acting CEO of The Climate Group.
“Dozens of world leading companies joining RE100 and EP100 are showing there’s a clear business case to invest in cleaner, smarter energy pathways that will accelerate the transition to net-zero emissions economies.
“When it comes to renewables and energy productivity, investors and policymakers must respond to rising corporate demand and ensure that supportive policies are in place.”
The EP100 campaign also boasts four new members, including Dalmia Cement, Mahindra Holiday and Resorts India, Danfoss Group, and Hongbo Group. EP100 is definitely the junior campaign, but can already lay claim to corporate additions from India, China, Europe, and the United States.
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