Service Description

RE100 Renewable Energy 100 The RE100 initiative is a global programme promoted by the Climate Group, an international NGO, in partnership with the CDP. The aim of the RE100 is to bring together major companies that want to source 100% of their energy from renewable sources by 2050. Alongside the RE100, other initiatives have emerged to achieve this goal, including EP100, EV100 ConcreteZero, RouteZero and SteelZero VOLUNTARY - INTERNATIONAL INVESTOR-LED Who can apply? To become a member of RE100, companies must demonstrate a significant energy demand of at least 0.1 Tw/h/100 Gh/100,000 MWh. Certain exceptions exist for companies that may be influential -Key player in a priority sector or region for RE100. -Willingness to promote RE100 in the region/sector. -Multinational and/or world-renowned brand (Fortune 1000 or equivalent) Companies involved in fossil fuels, airlines, munitions, gambling and tobacco are excluded. Electricity companies and technology providers/developers will also generally not be eligible to join. Subsidiary organisations can join if they have separate branding from parent company or if their electricity consumption is greater than 1TWh/year. What is reported? Member companies publicly commit to sourcing 100% of their electricity from renewable sources throughout their value chain, with a minimum of 60% by 2030, 90% by 2040 and 100% by 2050. Each year, their energy consumption must be reported in relation to these targets justifying the origin of the energy consumed. Progress is reported via the CDP questionnaires. The energy will be justified as renewable using one of these 8 methods methods: own production, purchase of energy produced by third parties at the point of consumption, produced by third parties without connection to the grid. PPA green energy products from suppliens, purchase of GO, renewable energy by network or energy supplied by a network with at least 95% renewable distribution. When to report? From the year in which a company has been accepted as a member of the initiative, it will have to communicate annually on its progress