Record number of global companies to source 100% renewable power

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The Climate Group is announcing that The Estée Lauder Companies, Kellogg Company, DBS Bank Ltd and Clif Bar & Company have joined its RE100 campaign, run in partnership with CDP, and committed to sourcing 100% renewable electricity across their global operations. The 106 members of the campaign are now taking the total demand for renewable electricity to around 150 TWh annually – more than enough to power New York State.

The Estée Lauder Companies, a global leader in beauty products with a diverse portfolio of 25+ brands sold in 150 countries, has joined RE100 with a commitment to source 100% of its global electricity consumption from renewable energy technologies by 2020 – the company powered its operations with 45% renewable electricity in 2016.

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Kellogg, a leading maker of breakfast cereals and snacks, has joined RE100 with a goal to achieve 100% renewable electricity by 2050, aligned with its commitment to reduce its direct greenhouse gas emissions by 65%. Having already achieved 20% renewable electricity through contracts with local utilities in Europe and the U.S. that are bringing more renewables to local grids, the company has an interim target for reaching 40% by 2020

DBS Bank Ltd, a leading financial services group in Asia, has joined RE100 with a commitment to 100% renewable power and an interim goal of transferring its Singapore operations (65% of global total) to renewable electricity by 2030. The bank will take advantage of RE100 knowledge sharing activities to identify options for going renewable in other markets.

Clif Bar & Company, an American maker of organic foods and drinks, has been purchasing renewable electricity certificates equivalent to 100% of its total operations for the last 10 years, and is now exploring more direct ways of sourcing renewable energy.

The RE100 initiative reached last July its 100 members milestone as AkzoNobel N.V., AXA, Burberry plc and Carlsberg Group joined with a commitment to 100% renewable power.

RE100 members, including 30 Global Fortune 500 companies, have a total revenue of US$2.5 trillion and operate in a diverse range of sectors – from information technology to automobile manufacturing.

RE100 was officially launched at Climate Week NYC 2014, and this year, during the Climate Week NYC 2017, The Climate Group will also launch its upcoming EV100 initiative, to boost the uptake of electric vehicles across the world, and make electric transport the new normal.