01 Jul '11, 3pm

Who's Buying Renewables? Some Familiar Names, and Some Surprises

Who's Buying Renewables? Some Familiar Names, and Some Surprises

Here are 10 companies that are putting real dollars behind their sustainability rhetoric: Kohl's, Whole Foods Market, TD Bank, Swiss Re, Nordea Bank, Adobe Systems, Vestas Wind, News Corp., CLP Holdings and Deutsche Bank. They're leaders in buying renewable energy, according to a new report from Vestas and Bloomberg New Energy Finance called the Corporate Renewable Energy Index (CREX) 2011. It's available for download here. Those companies are in the top 10, the study says, when ranked by the percentage of the electricity they use that comes from renewable energy. Kohl's and Whole Foods, for example, buy 100% of their electricity from renewable energy sources. Most companies do this by buying renewable energy certificates (RECs). Here's a table from the report; it's much easier to read if you click on it to enlarge it: The report also ranks companies by their absolute purc...

Full article: http://www.greenbiz.com/blog/2011/07/01/whos-buying-renew...

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