RE100 Annual Report 2020 Launch
The RE100 Progress and Insights Annual Report was launched on December 15, includes results from
sustainability professionals in the 261 companies that were members of RE100 in September 2020.
Sectors include retail, IT, financial services, healthcare, biotechnology and manufacturing.
・The RE100 membership continues to grow and diversify – with 42% of new members coming from the Asia-Pacific region.
・Members have ambitious targets and are making steady progress towards them – 65 members are now sourcing >90% renewable power.
・Members are using more impactful sourcing strategies – power purchase agreements now account for 26% of members’ renewable electricity use (also generating cost savings).
・Ambitious companies are being held back by limited availability, regulatory complexities and the resulting high costs in some markets.
・Argentina, Australia, China, Indonesia, Japan, New Zealand, Russia, Singapore, South Korea and the Taiwanese market are the most challenging for achieving 100% renewable electricity, according to our members.
・Asia-Pacific markets can be challenging markets according to members, but addressing these challenges offers some of the biggest opportunities for clean investment and growth.
Go to the report.
RE100 is a global initiative bringing together the world’s most influential businesses committed to 100% renewable power. Led by international non-profit the Climate Group in partnership with CDP, the group have a total revenue of over US$6.6 trillion and operate in a diverse range of sectors. Together, they send a powerful signal to policymakers and investors to accelerate the transition to a clean economy.