Global 100% renewable energy initiative RE100 has signed its first Japanese member company, Ricoh Company Ltd., alongside an announcement that The Climate Group will work with the Japan Climate Leaders Partnership to raise awareness of the RE100, EP100, and EV100 campaigns.
RE100 is a global campaign of businesses committed to 100% renewable electricity, managed by The Climate Group in partnership with CDP (formerly the Carbon Disclosure Project). Each new member is committed to sourcing 100% of its electricity needs from renewable energy sources, and there are currently 90 companies from around the globe currently committed to RE100.
Announced this week, the RE100 initiative has now planted its feet in Japan, with its first Japanese member, multinational electronics company Ricoh Company Ltd., which has committed to sourcing 100% of its electricity by 2050, with an interim goal of securing at least 30% by 2030.
Ricoh made the announcement last week, announcing its goals as part of a new effort “to strengthen its commitment to fostering sustainability in business and society.”
“Ricoh is committed to continuous growth as a trusted and valued corporate citizen for our customers and society at large, and our Ricoh Global Environmental Declaration clarifies our environmental material issues focus and outlines our action plan,” said Yoshinori Yamashita, President and CEO, Ricoh Company, Ltd. “As our global team embarks on new beginnings outlined in our Mid-Term Management Plan, we will be focused on empowering society to benefit from working smarter and becoming more environmentally sound. Today’s announcement further aligns tangible goals to these ideals.”
The announcement was accompanied by news that The Climate Group would begin working with the Japan Climate Leaders Partnership (Japan-CLP) to raise awareness of RE100 and its sister campaigns EP100 (100% energy productivity) and EV100% (a new initiative coming soon focused on electric mobility). Japan-CLP is a membership organization intent on bringing together Asian companies that are all committed to action on sustainability. Partnership with The Climate Group will only serve to further these goals by increasing global awareness of the many business benefits of renewable energy, energy productivity, and electro-mobility.
“We are excited to take our work to a new part of the world, and a country well known for technology leadership,” said Mike Peirce, Corporate Partnerships Director, The Climate Group.“Building sustainability into business operations drives innovation and increases competitive edge. It also demonstrates the kind of leadership we need to create shifts in policies and markets that will keep global warming well below two degrees Celsius.”