RE100 is a global collaborative initiative bringing together 102 influential and multinational businesses that are committed to sourcing 100% renewable electricity globally. Together, they represent demand for over 146 terawatt hours of renewable electricity annually – about enough to power Poland.
These companies have made this highest-level commitment because they know that renewable electricity makes long-term business sense. The technology is ready, unsubsidized costs are competitive, and companies are ready to invest at scale.
Corporate sourcing of renewables represents a major new flow of capital and finance into Europe’s renewable electricity infrastructure. Much of the electricity used by our members in Europe is already from renewable sources, and they are leading the way through a combination of power purchase agreements (PPAs), on-site generation, green contracts and certificates.
IKEA Group, a founding member of RE100, owns more wind turbines than stores and is aiming to produce as much energy as it consumes by the end of the decade. The company has also invested an impressive $1.78 billion (€1.5 billion) in purchasing its own wind and solar power generation equipment since 2009 and in FY15 committed a further $715 billion (€600 million).
Last year, Mars, Inc. signed a PPA for a wind farm in Scotland to power its entire UK operations. Meanwhile, RE100 members Royal DSM, Google, Royal Philips and AkzoNobel joined forces to sign an exciting joint PPA for 350 gigawatt hours per year in the Netherlands.
RE100’s 102 members are:
Read more: EU policy: opening markets for corporate renewable energy buyers | The Climate Gr
These companies have made this highest-level commitment because they know that renewable electricity makes long-term business sense. The technology is ready, unsubsidized costs are competitive, and companies are ready to invest at scale.
Corporate sourcing of renewables represents a major new flow of capital and finance into Europe’s renewable electricity infrastructure. Much of the electricity used by our members in Europe is already from renewable sources, and they are leading the way through a combination of power purchase agreements (PPAs), on-site generation, green contracts and certificates.
IKEA Group, a founding member of RE100, owns more wind turbines than stores and is aiming to produce as much energy as it consumes by the end of the decade. The company has also invested an impressive $1.78 billion (€1.5 billion) in purchasing its own wind and solar power generation equipment since 2009 and in FY15 committed a further $715 billion (€600 million).
Last year, Mars, Inc. signed a PPA for a wind farm in Scotland to power its entire UK operations. Meanwhile, RE100 members Royal DSM, Google, Royal Philips and AkzoNobel joined forces to sign an exciting joint PPA for 350 gigawatt hours per year in the Netherlands.
RE100’s 102 members are:
| AB InBev | Equinix | Philips Lighting | ||||
| Adobe | Procter & Gamble | |||||
| AkzoNobel | Formula-E | Proximus | ||||
| Alstria | Gatwick Airport | Rackspace | ||||
| Amalgamated Bank | General Motors | RELX Group | ||||
| Apple | Givaudan | Ricoh | ||||
| AstraZeneca | Goldman Sachs | Royal Philips | ||||
| Autodesk | Salesforce | |||||
| Aviva | H&M | SAP | ||||
| AXA | Heathrow Airport | SAVE S.p.A. Group | ||||
| Bank of America | Helvetia | SGS | ||||
| Bankia | HP Enterprise | Sky | ||||
| Biogen | HP Inc. | Starbucks | ||||
| Bloomberg | IFF | Steelcase | ||||
| BMW Group | IHS Markit | Swiss Post | ||||
| British Land | IKEA | Swiss Re | ||||
| Broad Group | Infosys | Tata Motors | ||||
| BT Group | ING | TD Bank | ||||
| Burberry | Interface | Telefonica | ||||
| Caixa Bank | J&J | Tesco | ||||
| Carlsberg | J. Safra Sarasin AG | Tetra Pak | ||||
| Coca-Cola European Partners | Kingspan | UBS | ||||
| Colruyt Group | KPN | Unilever | ||||
| Commerzbank AG | La Poste | Vail Resorts | ||||
| Corbion | Landsec | Vaisala | ||||
| Credit Agricole | LEGO | VF Corporation | ||||
| Dalmia Bharat Cement | L’Occitane | VMWare | ||||
| Danske Bank | Marks & Spencer | Voya Financial | ||||
| Dentsu Aegis Network | Mars | Walmart | ||||
| Diageo | Microsoft | Wells Fargo | ||||
| DNB | Nestlé | Workday | ||||
| DSM | Nike | YOOX | ||||
| Ebay | Nordea | |||||
| Elion | Novonordisk | |||||
| Elopak | Pearson |
For additional info – or to join the campaign – contact:
Read more: EU policy: opening markets for corporate renewable energy buyers | The Climate Gr
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