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Renewable power is good for business and should be a priority for governments taking climate action, senior business executives and energy experts urged at the recent FIA Formula E eprix in London.
The group of sustainability and energy leaders included Formula E, IKEA, Infosys and Marks & Spencer – all partners of RE100, the global initiative led by The Climate Group in partnership with CDP to engage, showcase and support the world’s most influential companies committed to using 100% renewable power.
Speaking ahead of the final race of the season, Alejandro Agag, ceo of Formula E and recent recipient of the Individual Outstanding Leadership award at this year’s National CSR Awards, said: “Formula E is the first ever all electric cars racing series and it is extremely important to us that the cars are powered cleanly thanks to glycerine - an innovative zero emission fuel - because we know that to reach the full potential of electric vehicle benefits we need to use renewable energy. This is why it is important for us to be part of RE100.”
Mohamed Anis, head of energy and services for Europe, Infosys, which recently became the first Indian company to join RE100, said: “We’ve taken great strides in the past seven years to become sustainable across our operations, and with the renewable energy market opening up now in India, we aim to source all our electricity from renewables by 2018.”
Phil Levermore, Chairman of The Climate Group added: “We need to secure a strong agreement at the climate talks in Paris later this year, but even if we do, it won’t kick in till 2020 – which leaves us with a gap. This is an opportunity for business to show real leadership on climate by joining RE100. With more than half the world’s electricity being used by the industrial and commercial sectors, this is our chance to shift the global energy market in favour of renewable power – helping us transition to a prosperous, low-carbon future.”
There are now 20 members of RE100, including Autodesk, BT Group, Commerzbank, Elion Resources Group, Formula E, H&M, IKEA, Infosys, KPN, Marks & Spencer, Mars Incorporated, Nestlé, Philips, Reed Elsevier Group, J. Safra Sarasin Bank, SAP, SGS, Swiss Re, Unilever and Yoox Group.
The RE100 initiative launches in China this month.
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