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Corporate Sourcing of Renewables Campaign

More and more companies are making commitments to power their operations with renewable energy. Helping to scale up these corporate commitments across multiple markets provides a crucial message to governments and to other companies about the growing demand for increasingly cost-competitive renewable energy. This will drive further cost reductions and deployment and help countries reach and increase their renewable energy goals.

Learn more about Corporate Sourcing of Renewables:
Goal | Opportunity | News | Need | Coalition | Recognition

The Goal

Our goal is to get more companies to commit to powering their operations with renewables and deploy tools and resources to enable more companies, large and small, to do so.

 

The Opportunity

Companies, governments, and associations can accelerate the achievement of this goal in many ways. For example:

  • Commit to power operations with large shares of renewable energy
  • Help develop policy recommendations and contribute to the development of a policy toolkit for governments
  • Share case studies, cost data and other information that can help build the business case
  • Host workshops and other programs for information development and exchange
  • Participate in the development of a "REmade" consumer label

Make a Commitment

Learn more about the Corporate Sourcing of Renewables Campaign

The Corporate Sourcing of Renewables Campaign builds from work taking place in CEM's Multilateral Solar and Wind Working Group.


Why It's Needed

To raise awareness and build the business case. Solar and wind are increasingly cost-competitive energy sources, yet many companies are unaware of the benefits of locking in these low costs for years to come. The campaign will help spread the word beyond large multinational organizations and across CEM countries.

To drive the market and boost the economy. If more of the world’s companies use their purchasing power to procure and generate electricity from renewable sources, it creates significant market pull. Thousands of additional megawatts of renewable energy will be required, presenting a tremendous market opportunity for renewable energy providers and an economic opportunity for countries. If 1,000 of the world’s most influential businesses become 100 percent powered by renewables, they could decarbonize almost a tenth of all electricity used worldwide and cut more than 1,000 Mt of CO2 every year.

To remove policy barriers. Supportive public policies and programs are critical to ensure that companies have easily accessible options to obtain renewable power. A policy toolkit & other resources will help governments facilitate greater corporate procurement.

To build consumer confidence. A certification standard and consumer label will assure consumers that companies are delivering on their renewable electricity commitments.

Recognition

The campaign will recognize high-level commitments to help increase corporate commitments to power operations with renewables:

  • At the seventh Clean Energy Ministerial (CEM7) meeting in San Francisco, California, on June 1–2, 2016.
  • At other high-profile events over the coming year.
  • At the eighth Clean Energy Ministerial meeting (CEM8) in Beijing, China, in 2017.

The Coalition

Led by the governments of Germany and Denmark, other CEM members participating in the Campaign include China, the European Commission, Mexico, Sweden, the United Kingdom, and the United States. The governments are joined by several partners in this collaborative effort, including the International Renewable Energy Agency (IRENA), the Renewable Energy Buyers Alliance (REBA), RE100, World Business Council for Sustainable Development (WBCSD), World Resources Institute (WRI), and others

Read more about commitments made to the Campaign in the Corporate Sourcing of Renewables CEM7 Press Release and the White House Fact Sheet.


 

Government Partners

Organizational Partners

Company Commitments