Tag Archives: We Mean Business

That $3 Trillion-a-Year Clean Energy Transformation? It’s Already Underway.

By Phil McKenna, Inside Climate News

To keep global warming in check, the world will have to invest an average of around $3 trillion a year over the next three decades in transforming its energy supply systems, a new United Nations climate science report says. It won’t be cheap, but it’s also a change that’s already underway . . . Corporate giants including Google and Apple, for example, purchase enough renewable energy to cover 100 percent of their power needs. The research and sustainability advocacy group Ceres has been working with companies and large investors for years to help them understand both the risks to their portfolios from high-carbon sources and the opportunities of investing in cleaner infrastructure as renewable energy prices fall. Ceres argued in a report released earlier this year that achieving a “clean trillion” in additional annual investment in clean energy and infrastructure is “eminently feasible.” Read more here.

Photo Credit: Dennis Schroeder/NREL

Ceres is a sustainability nonprofit organization working with the most influential investors and companies to build leadership and drive solutions throughout the economy. Through powerful networks and advocacy, Ceres tackles the world’s biggest sustainability challenges, including climate change, water scarcity and pollution, and human rights abuses.
Initiatives include:
Climate Action 100+

Clean Trillion

ADDITIONAL INITIATIVES – JUST SOME OF THEM

The Corporate Renewable Energy Buyers’ Principles and the Business Renewables Center are the core initiatives of the Renewable Energy Buyers Alliance (REBA). 

REBA helps companies understand the benefits of transitioning to renewables, connecting large buyer demand to renewable energy supply, and helping utilities better understand and serve the needs of all energy buyers.

Click these links to learn more:

RE100 is a collaborative, global initiative uniting influential businesses committed to 100% renewable electricity, working to massively increase demand for – and delivery of – renewable energy. A growing number of RE100 businesses are also helping their suppliers access renewable energy for their own operations, exponentially contributing to global wind and solar energy deployment.

RE100 is sponsored by The Climate Group in partnership with CDP. Both organizations are part of the We Mean Business coalition, working with leading businesses around the world.

Sierra Club’s Ready for 100
Over 100 cities have committed to 100% renewable energy in Sierra Club’s Ready for 100 initiative. The Sierra Club, founded in 1892, has 3.5 million members and supporters nationwide.
2018 Case Studies Reports featuring 10 new cities that are ready for 100% clean energy!

The Billion Dollar Green Challenge
The Billion Dollar Green Challenge encourages colleges, universities, and other nonprofit institutions to invest a combined total of one billion dollars in self-managed “green revolving funds.” The Sustainable Endowments Institute launched The Challenge in 2011. Download a brief summary that explains The Billion Dollar Green Challenge, including partners and funders.

Interfaith Center on Corporate Responsibility
Currently celebrating their 47th year, the Interfaith Center on Corporate Responsibility (ICCR) pioneered the use of shareholder advocacy to press companies on environmental, social, and governance issues. This coalition of over 300 global institutional investors currently represents more than $400 billion in managed assets. Leveraging their equity ownership in some of the world’s largest and most powerful companies, ICCR members regularly engage management to identify and mitigate social and environmental risks resulting from corporate operations and policies.

Green Faith
Green Faith’s mission is to inspire, educate and mobilize people of diverse religious backgrounds for environmental leadership. “Our work is based on beliefs shared by the world’s great religions – we believe that protecting the earth is a religious value, and that environmental stewardship is a moral responsibility.”

As You Sow
Founded in 1992, As You Sow promotes environmental and social corporate responsibility through shareholder advocacy, coalition building, and innovative legal strategies. Their vision is a safe, just, and sustainable world in which protecting the environment and human rights is central to corporate decision making. “Corporations are responsible for most of the pressing social and environmental problems we face today — we believe corporations must be a willing part of the solutions.”

Green America
Green America’s mission is to harness economic power—the strength of consumers, investors, businesses, and the marketplace—to create a socially just and environmentally sustainable society. The organization focuses on four areas for system transformation, insisting on social justice and environmental health across all sectors. “We believe if we can get these right, the rest of the economy will follow: 1. Climate and clean energy, 2. Sustainable food and agriculture,
3. Responsible investing and 4. Fair labor.” Campaigns include: Clean Energy Victory Bonds

Proxy Preview
Proxy Preview is a collaboration between three organizations: As You Sow, Sustainable Investment Institute, and Proxy Impact to help investors align their values with their investments. Publishes Annual Guide: Proxy Preview 2018 is the 14th edition of the insider’s guide to social and environmental shareholder proposals. This free publication is the #1 resource for shareholders looking to align their values and investments. “Bible for socially progressive foundations, religious groups, pension funds, and tax-exempt organizations” – Chicago Tribune

SocialFunds.com
Social Funds.com features over 10,000 pages of information on SRI mutual funds, community investments, corporate research, shareowner actions, and daily social investment news.

The Shine Campaign is a new, global campaign blending communities of faith, philanthropy and finance to solve energy poverty.

Information about organizations updated February 22, 2019

Google And Apple Lead The Corporate Charge Toward 100% Renewable Energy

Post written by Silvio Marcacci, Communications Director at
Energy Innovation. Published by Forbes

America’s technology corporate giants have led the corporate renewables procurement trend, but two of the biggest names in tech just reached a new mark: Apple and Google are now both 100% powered by renewable energy . . . This trend is opening up new markets for renewable energy, leading corporate suppliers to decarbonize, and saving money on corporate bottom lines – and it isn’t slowing down anytime soon. Read more here.

Photo Credit: hpgruesen / Creative Commons

MORE ABOUT CORPORATE RENEWABLE ENERGY PROCUREMENT NATIONWIDE

The Corporate Renewable Energy Buyers’ Principles and the Business Renewables Center, which Silvio Marcacci references, are the core initiatives of the Renewable Energy Buyers Alliance, or REBA. The alliance’s goal is to help US corporations procure renewable energy to meet their needs.

Click these links to learn more:

U.S. Renewable Energy Map: Click map to link to it. 

CORPORATIONS’ GLOBAL RENEWABLE ENERGY PURCHASING

About RE100, which Marcacci also references in his article:
RE100
is a collaborative, global initiative uniting more than 100 influential businesses committed to 100% renewable electricity, working to massively increase demand for – and delivery of – renewable energy.

RE100 is sponsored by The Climate Group in partnership with CDP. Both organizations are part of the We Mean Business coalition, working with leading businesses around the world.

CORPORATE RENEWABLE ENERGY PROCUREMENT IN NEBRASKA


Facebook’s recently-announced expansion increases the corporation’s total investment in the Papillion Data Center to
$1 billion. Facebook is partnering with Adobe to help them enter
the U.S. renewable energy market with Enel; 10 MW of Nebraska’s Rattlesnake Creek Wind Project will be allocated to Adobe.


Links to More Information

  • Facebook’s Nebraska reach expands, by Jason Kuiper, The Wire, OPPD March Blog Post
    Facebook announced today their Nebraska data center will be three times the size of its original announcement. The Papillion data center will be six buildings instead of two with groundbreaking set to begin in May on the additional buildings. Facebook announced last April their plan to build its next data center here and credited the development of OPPD’s Rate 261M as one of the biggest draws. Read the entire blog post.
  • Facebook’s Press Release: Papillion Data Center Expanding to Six Buildings
    Author: Jim Piazza, Director of Data Center Operations, East. Last year, we worked with Omaha Public Power District to create a new renewable energy tariff that ensures we can power our data center with clean and renewable energy. With the tariff in place, we could seek new, in-state wind projects, which we found in Enel Green Power‘s Rattlesnake Creek Wind Project. We will now increase our purchase from 200 MW to 320 MW to support our growth, and we are excited to share that we have partnered with Adobe to help them enter the U.S. renewable energy market with Enel; 10 MW of Rattlesnake Creek will be allocated to Adobe.

Additional Recommended Reading 

Enel sells energy from new US wind farm to Facebook and Adobe, Enel Press Release
The new deal between Enel and Facebook widens the scope of the bundled, long-term power purchase agreement for 200 MW signed in November 2017 to gradually include the plant’s overall output by 2029, following Facebook’s decision to significantly expand its data centre in Papillion, around 120 miles from Rattlesnake Creek. The energy produced by the entire wind farm will enable the expanded data centre to be 100% renewable-powered.

“Powering our data centers with 100% clean and renewable energy is not just a goal for Facebook, it is a requirement of our business,” said Bobby Hollis, Director of Global Energy at Facebook. “The Rattlesnake Creek wind farm will enable us to power our future Papillion Data Center, and fulfills our passion to expand the energy market for other corporate buyers, like Adobe.”