The ‘war on coal’ is over. The next climate battle has just begun
Joe Biden speaks at the Solar Power International trade show in Anaheim on Sept. 16, 2015, when he was vice president. (Allen J. Schaben / Los Angeles Times) The night Barack Obama claimed victory in the Democratic presidential primaries in 2008, he predicted future...
Nucor inks deal for 250 MW of solar power
Nucor Corporation announced Nov. 13 that it has entered into a 15-year VPPA for 250 MW from a Texas solar plant. This is the steel producer’s first VPPA and will also be the largest in the industry. The VPPA was completed with EDF Renewables North America, the owner...
IKEA, Nestle, Swiss Re show how they’re seizing the multiple benefits of renewable power – News
Corporate leaders including IKEA, Nestlé and Swiss Re highlighted that switching to renewable power is critical – not just for the long-term sustainability of their businesses but also to address the escalating risks of climate change. At an event hosted by The...
Mars signs new solar PPA to source 100% renewable power in Australia – News
Global confectionary giant and RE100 member Mars, Inc. has announced a corporate purchase of solar energy which will deliver 100% of the electricity needed to power its Australian operations by 2020. Signing a power-purchase agreement (PPA) with...
Toshiba stops taking orders for coal-fired power plants
TOKYO -- Toshiba will stop taking orders for new coal-fired power plants, moving in line with a global shift toward reducing carbon emissions, Nikkei learned on Tuesday, Shifting its priority in the energy business to renewables, the Japanese industrial group will...
The food industry is not recognized for sustainability. How can we fix that?
The Wall Street Journal recently published a ranking of the 100 most sustainably managed companies in the world. The topic of sustainability has great impact in the food space, with many brands building entire business models around it, and yet the industry is wildly...
Estée Lauder reaches 2020 goal of net zero emissions
The Estée Lauder Companies announced Nov. 2 that it has achieved its two targets of net zero emissions and sourcing 100% renewable electricity globally for its direct operations. The cosmetics company had joined RE100 with the intention of achieving these goals by...
lululemon athletica aims for 100% RE by next year
lululemon athletica announced Oct. 28 that it is committed to sourcing 100% renewable electricity for its operations by 2021 and reducing carbon emissions across its global supply chain by 60% per unit of value added by 2030. This was the athletic apparel company’s...
More Than 30% Voya Financial’s Arizona Facility Powered by Solar
Voya Financial has announced that its newly constructed Chandler, Arizona, office features solar carports that are expected to offset more than 663,600 kilowatt-hours of electricity in its first year of operation alone. Voya estimates the solar carport system will...
How to sell the benefits of sustainability to the boardroom
CPOs have described four key ways to persuade the boardroom of the benefits of prioritising sustainability. In a panel talk at the CIPS Virtual Conference 2020, leaders explored how a case for sustainability can be made through debunking false mindsets around cost,...
DuPont Performance Building Solutions targets 75% emissions cut
DuPont’s Performance Building Solutions and Corian Design arm announced Oct. 27 that it intends to reduce greenhouse gas emissions from its operations by 75% between 2019 and 2030 and advance the circular economy in its materials manufacturing. The maker of brands...
HNI Corporation aims for 100% RE by 2030
HNI Corporation announced Oct. 21 that it had joined the RE100 initiative and set a goal for 100% renewable electricity by 2030. The office furnishing manufacturer also established science-based targets and pledged to reduce Scope 1 and 2 emissions by 35% by 2025...
Starwood Property Trust issues $300 million green bond
Starwood Property Trust announced Oct. 19 the release of its first sustainability bond to the sum of $300 million. The real estate finance company intends to allocate an amount equal to the net proceeds of the bond to fund recently completed or future eligible green...
Xerox targets carbon neutrality by 2040
Xerox announced Oct. 21 that it is committed to achieving carbon neutrality by 2040 and reducing greenhouse gas emissions by at least 60% by 2030. The workplace technology company released its 2020 Global Corporate Social Responsibility Report, in which it...
Corporate PPAs to account for 20% of new RE generation in the U.S. by 2030
U.S. corporations will be responsible for nearly 20% of all utility-scale renewable power capacity additions over the next decade, a new study found. IHS Markit released a new report titled “Corporate U.S. Renewable Procurement Outlook: Optimism Amid a Pessimistic...
Penn State begins purchasing 70 MW from solar project
Penn State University announced Oct. 15 that it began purchasing renewable electricity from a 70 MW solar project in Franklin County. The university first completed the PPA with Lightsource bp in early 2019, agreeing to purchase 100% of the electricity generated by...
BMO Financial reaches 100% RE goal with credits
BMO Financial Group announced Oct. 15 that it achieved its goal to match 100% of its electricity use with renewable energy. The Canadian bank first announced its target last April to achieve this goal by the end of 2020, which it has now achieved. BMO invested in RECs...
PepsiCo targets 100% RE across all global operations
PepsiCo announced Sept. 21 a new target to source 100% renewable electricity across their owned and controlled operations globally by 2030 and across their entire franchise and third-party operations by 2040. The beverage company estimates that, given their scale,...
Intel to receive 100 MW from new Arizona solar project
Construction began Sept. 24 on a new solar project that will provide 100 MW of clean energy to Intel Corporation’s manufacturing operations. Salt River Project and sPower started work on the East Line Solar plant in Arizona. The project will bring $10 million in tax...
REI to achieve 14-year carbon neutrality goal on time this year
REI Co-op announced Sept. 24 that they will achieve their 2020 goal of carbon neutrality by the end of the year and launched a new climate platform that will allow them to reduce their carbon footprint by half over the next decade. The Seattle-based outdoor retailer...
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