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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
  • Commit to increasing on-site generation and/or direct procurement 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

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.


Latest News

Corporate Sourcing of Renewables Day Side Event at CEM8
Wednesday, June 7, 2017
China National Convention Center
Beijing, China 09:00 hrs to 17:00 hrs
Room 311b

The Corporate Sourcing of Renewables Day, to be held as a side event at the eighth Clean Energy Ministerial (CEM8) on 7 June, will feature high-level speakers from business and governments discussing corporate demand for cost-competitive renewable energy, its potential to accelerate renewables deployment and meet climate targets, and the necessary enabling frameworks. Learn more: http://cleanenergyministerial.org/News/corporate-sourcing-of-renewables-day-side-event-at-cem8-82159.

Companies buying green power - how big a trend?
Bloomberg (20 April 2017)

2017 To See Corporate Sourcing of Renewables
EnergyNext (21 February 2017)

How Corporates Are Taking the Lead in Renewable Energy
IRENA Newsroom (15 November 2016)

Renewable Energy and IRENA at COP22
IRENA Newsroom (31 October 2016)

Corporate Renewable Power Purchase Agreements: Scaling up globally
WBCSD (26 October 2016)

Packaging manufacturer joins renewable-energy campaign
Creamer Media’s Engineering News (19 August 2016)


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 and 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 Denmark, Germany, and China, other CEM members participating in the campaign include 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), Center for Resource Solutions (CRS), Solar Power Europe, Wind Europe, 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