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17 Oct '15, 7am

Walmart, Fortune 500 companies take 100% #renewableenergy pledge #news

On Wednesday, the world's largest retailer and a group of seven other companies pledged to get 100% of their electricity from renewable energy, as part of The Climate Group's RE100 campaign. The other seven include investment bank Goldman Sachs and other well-known brands such as Johnson & Johnson, NIKE, Procter & Gamble and Starbucks. In addition to these eight a ninth company, Steelcase took the pledge despite already reaching 100% of its electricity sourced from renewables in 2014. Organizers of the 100RE campaign stress that the move to renewable energy is a benefit not only to cmpany brands but also their bottom line. “The most ambitious companies have seen a 27 percent return on their low carbon investments – no wonder new names keep joining RE100,” noted Climate Group CEO Mark Kenber. “Lowering risk, protecting against price rises, saving millions and boosting brand...

Full article: http://www.pv-magazine.com/news/details/beitrag/walmart--...

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