Tag: RE100

Mars Renewable Acceleration Program Wins Climate Group RE100 Leadership…

Stuart Mitchell

Mars are proud to have been recognized by the Climate Group for our Renewable Acceleration program with the RE100 Leadership Award in the Market Trailblazer category. 11 years after Mars helped create RE100 to encourage companies adopt renewable electricity to cover 100% of their direct operations, it feels great to be on stage and being recognized for extending our renewables commitment well beyond that. The RE100 market trailblazer award celebrates RE100 members who are committed to driving market change, communicate transparently about the barriers they face; and collaborate with companies,…

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China’s energy market ‘open for business’ after support from RE100 on certificates

Stuart Mitchell

China’s renewable electricity market has taken a critical step forward on credible corporate renewables claims, meaning that companies can now confidently use China’s Green Electricity Certificates (GEC) system, knowing the renewables they buy are having a verifiable, real-world impact.   This is after successful consultation between RE100 and the China Renewable Energy Engineering Institute (CREEI) and based on the mutual consensus on the improvements to China’s GEC system led by China’s National Energy Administration (NEA).  The changes also make proving renewables use in the country easier, making China an attractive international…

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Shree Cement joins RE100, commits to transition 100% to renewable electricity by 2050

Stuart Mitchell

Shree Cement, one of India’s largest cement producers with an installed capacity of over 56 MTPA, proudly announces its membership in the esteemed RE100 initiative, a global initiative led by Climate Group, advocating for businesses to convert to 100 percent renewable electricity for all their operations. This commitment underscores Shree’s dedication to accelerate the global transition to 100% renewable electricity consumption among influential businesses.  Power generation capacity from waste heat recovery-based plants ranked among the highest in the global cement industry Sustaining green power consumption at over 55%, the highest…

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Renewable electricity surges ahead in business energy procurement

Stuart Mitchell

More than 180 major Indian and global businesses operating in India procured almost a quarter of their electricity needs from renewable energy in 2022 in the country, driving forward the demand for renewable energy in one of the biggest economies in the world. This is according to RE100’s latest Annual Disclosure Report.  Renewable electricity sourcing saw a 5% jump to 23% in 2022 from 2021, when companies sourced 18% of their electricity needs from renewables.   With an increasing share of RE100 companies operating in India, the report also documents…

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Verizon joins RE100 and shares new milestones in its responsible business plan

Stuart Mitchell

Verizon has announced it has joined RE100, a global initiative bringing together the world’s most influential businesses committed to 100% renewable electricity. Led by the Climate Group and in partnership with CDP, RE100’s mission is to accelerate change towards zero carbon grids at scale, an objective that Verizon is proud to support. As previously announced, Verizon aims to source renewable energy equivalent to 100% of its annual electricity usage by 2030, with an interim target of 50% by 2025. “As a core part of our business, Verizon looks to benefit…

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