87 multinationals RE100 member

87 multinationals RE100-member

“IKEA Group investments into wind and solar energy generation contribute to the shift to a low carbon economy, and from a business perspective, help to secure our future as we become energy independent.” – Steve Howard, Chief Sustainability Officer, IKEA Group

87 of the world’s leading companies are now members of RE100.

Together they have a creating demand for around 107 Terawatt hours (TWh) of renewable electricity – around the same amount of power consumed by the United Arab Emirates or The Netherlands.

34 new members

34 leading businesses have joined RE100 in the last year, reflecting an increasing recognition of the business case, and the vital role that companies play in expanding the market for renewable energy.

While growth has historically been focused around the US and Europe. last year, the RE100 welcomed members from China and India, with favorable policy environments opening up new opportunities for corporate leadership in these regions.

China

The first Chinese company, Elion Resources, joined in 2015.

China will continue to lead global clean energy investment, having broken records last year. Premier Li’s Work Report emphasizes cleaner energy production and consumption, continuingfull efforts” to develop wind, solar energy and biomass energy. But it will also actively explore hydropower, safely develop nuclear power and utilize shale gas and coal-bed methane.

Energy saving also remains an important part of China’s economic strategy. On top of capping total energy consumption, plans to boost energy efficiency in industry, transportation and building sectors, as well as wasted resource reuse, will forge ahead.

India

Infosys was the first Indian company to join the initiative, followed by Tata Motors Ltd and Dalmia Cement this year. RE100 now counts three major automobile manufacturers (BMW Group, General Motors and Tata Motors Limited) and a leading cement maker (Dalmia Cement) among its members.

Demand for renewables

Regionally, the highest demand for renewable electricity, according to 2015 data provided voluntarily by 55 members, was in North America (41%), followed by Europe (38%) and Asia (15%). RE100 expects demand in China and India to increase considerably over the next few years.

Members, such as Apple, are starting to go beyond their own operations, encouraging their suppliers, clients and customer base to follow their lead and switch to renewable energy. RE100 will help to drive these efforts in 2017 to further accelerate the corporate uptake of renewables.

How corporate users are transforming the renewable energy market

The world’s most influential companies committed to 100% renewable power.

We’re working to accelerate the scale-up of renewable power to help us deliver a better, healthier and more sustainable world for what will soon be 9 billion people.

Businesses are already taking bold and ambitious action to help create the transformative change the world needs to drive the clean energy revolution. One of the ways they are doing this is by switching to renewable power.

This is a smart business decision. As well as delivering on emission reduction goals, renewable power can help manage fluctuating energy costs, improve reputation and provide energy security. It also shows business leadership on climate change – crucial alongside robust government policy that boosts confidence and enables long-term investments

Brought to you by The Climate Group, RE100 is a global, collaborative initiative of influential businesses committed to using 100% renewable electricity. This will accelerate the transformation of the global energy market and aid the transition toward a low carbon economy.

Join the RE100

For more info – or to join the campaign – contact: info@re100.org

Related

 

Have you seen this?

10 Steps for industries to reduce your carbon footprint

Money is the energy saver for industries

Renewable Energy Storage Systems (dossier)

Trending renewable energy technologies and initiatives (dossier)

BetterWorldSolutions helps you finding qualified leads and sales partners, world wide

Sign Up

or

Send us your question: info@betterworldsolutions.eu

 

Leave a Reply

Your email address will not be published.