It was announced today that Estée Lauder, Kellogg, DBS Bank and Clif Bar have joined RE100, the coalition of companies committed to going 100% renewable. RE100 now consists of 106 global companies.
According to redgreenandblue.org, the Estée Lauder Companies have joined RE100 with a commitment to source 100% of its global electricity consumption from renewable energy sources by 2020 — an impressive target, considering the company reported powering its 2016 operations with 45% renewable electricity.
Meanwhile, Kellogg has committed to using 100% renewable energy by 2050. It also wants to slash direct greenhouse gas emissions by 65%.
DBS Bank, a large financial services group in Asia, joined RE100 with the immediate intention of making its Singapore operations run on 100% renewable energy by 2030. The company will expand its renewable initiatives from there.
Clif Bar & Company, maker of health foods, joined RE100 after purchasing renewable electricity certificates equivalent to 100% of its total operations over the last 10 years. The company is also exploring more direct ways of sourcing renewable energy.
AB InBev is another company that joined RE100 this year. And just this month, the beverage giant announced that they, along with Enel Green Power, have signed a power purchase agreement (PPA), whereby Anheuser-Busch will purchase the energy delivered to the grid and renewable electricity credits from a portion of EGP’s Thunder Ranch wind project in the amount of 152.5 MW.
And just this week, Citigroup announced it will join RE100 and that it will be powered by 100% renewable energy by 2020. This adds to the company’s previous vow to finance $100 billion in clean energy, infrastructure and technology projects that build a more sustainable economy.
