Accelerating Corporate Leadership on Climate and Energy
For the largest corporations in the United States, setting sustainable businesses goals is becoming business as usual. This is as good news for the bottom line as it is for our planet. In fact, nearly half of the largest companies in the US are already capturing significant business value by cutting greenhouse gas (GHG) emissions and using clean forms of energy to power their operations.
It is everyone’s responsibility to mitigate climate change and preserve our planet for future generations, but as some of the world’s largest energy users, businesses have a unique opportunity to lead. Companies that align their business approach to the realities of climate science protect the environment while seizing the financial opportunity sustainability goals unleash. That’s why WWF works with companies large and small to help businesses create innovative strategies and partnerships that are building the low-carbon economy.
Deep Engagement and Partnership
We Are Still In
In June of 2017, a coalition of companies, cities, states, colleges, and universities banded together to reaffirm their commitment to upholding the Paris Agreement. That coalition has grown to more than 2,500 leaders across the US who have reaffirmed America’s enduring commitment to fighting climate change and ensuring a clean energy future. The We Are Still In movement has become the largest US coalition ever assembled in support of climate action and collectively represents more than 130 million Americans and $6.2 trillion of the US economy spanning all 50 states.
WWF is proud to be one of the coordinating organizations behind We Are Still In along with dozens of other partners.
Companies interested in more information can contact Marty Spitzer at: firstname.lastname@example.org
Climate Savers is a climate leadership program that seeks to transform businesses into leaders of the low-carbon economy. As part of the program, WWF partners with companies to help them set and meet targets to reduce GHG emissions, develop low-carbon business models, advocate for ambitious climate policies, and demonstrate that GHG reductions can go hand-in-hand with economic growth.
Since the initiative began in 1999, WWF’s Climate Savers partners have reduced GHG emissions by over 100 million tons—equivalent to taking 20 million cars off the road. By improving energy efficiency and other measures, Climate Savers’ companies have saved hundreds of millions of dollars, proving again that protecting the environment makes good business sense.
Companies interested in more information can contact Tim Letts at: email@example.com
Ramping Up Renewable Energy
Renewable Energy Buyers Alliance
As the US moves steadily toward a low-carbon future, businesses are stepping forward to demand more renewable energy. But the journey hasn't always been easy. That is why we created the Renewable Energy Buyers Alliance (REBA). REBA is an umbrella program made up of five initiatives with a collective goal to help business voluntarily purchase 60GW of additional renewable energy in the US by 2025. REBA is making it easier for more companies to buy renewable power on their own and through their local utilities. We bring together customers, suppliers, and policymakers to identify barriers to buying clean and renewable energy, to develop and test solutions, and to rapidly scale them to meet REBA's ambitious goal.
REBA is growing internationally too, developing programs in China, India, Mexico and Southeast Asia. The engine of REBA is the enormous demand for renewable energy from more than 100 large buyers participating in REBA initiatives.
WWF leads REBA along with Rocky Mountain Institute, World Resources Institute, and Business for Social Responsibility to provide deep expertise in transforming energy markets. REBA coordinates with The Climate Group's RE100 campaign, delivered in partnership with CDP to support companies committed to 100% renewable electricity.
Companies interested in more information can contact Bryn Baker at: firstname.lastname@example.org
The Buyers' Principles are one of the core REBA initiatives. Businesses are actively and successfully adding renewable energy to their own facilities and increasingly entering into contracts to buy or invest in offsite renewable energy. Even though cost-effective project opportunities currently exist, with billions of kilowatt hours still needed to meet their renewable energy goals, businesses face a variety of challenges accessing cost-effective projects on favorable terms.
The Buyers’ Principles frame the challenges and the needs of large renewable energy buyers. The principles are intended to point the way toward overcoming these challenges and to magnify the corporate buyer perspective in discussions underway across the country on the future of our energy and electricity system.
The Buyers’ Principles were launched by WWF, with support from World Resources Institute, in July of 2014 with 12 major companies. Word continues to spread and as of September 2017 there are 70 signatories, representing over 53 million MWh of annual demand by 2020, equivalent to powering 4.9 million American homes with clean, renewable energy.
Companies interested in more information can contact Joshua Kaplan at: email@example.com
Renewable Thermal Collaborative
The Renewable Thermal Collaborative (RTC) is the newest of the REBA initiatives. It serves as the leading coalition of organizations that are committed to scaling up renewable heating and cooling at their facilities and dramatically cutting carbon emissions. RTC members recognize the growing demand and necessity for renewable heating and cooling and the urgent need to meet this demand in a manner that delivers sustainable, cost-competitive options at scale.
As a coalition, the RTC offers value to members by providing “power in numbers.” The RTC is the only place to focus on renewable heating and cooling and where large thermal energy users come together collaboratively to understand the problems in the market, learn from each other, and overcome these barriers to renewable heating and cooling.
The RTC is facilitated by WWF along with the Center for Climate and Energy Solutions and David Gardiner and Associates.
Companies interested in more information can contact Bryn Baker at: firstname.lastname@example.org
Driving Ambition and Setting Goals
Power Forward is a series of reports by WWF, Calvert Investments, CDP, and Ceres that seek to understand why and how many large companies are investing in clean energy. In April of 2017, these partners released the third iteration, Power Forward 3.0, which documents how different sectors compare in setting targets and how Fortune 500 companies are doing in meeting the targets they’ve set.
The 2017 edition finds nearly half of Fortune 500 companies—48%—have at least one climate or clean energy target, up 5% from the 2014 report. The Fortune 100 continue to lead, with 63% of companies setting a climate or clean energy target. The report also finds there are approximately 80,000 emission-reducing projects across 190 of the Fortune 500 companies, and those projects translated to almost $3.7 billion in savings in 2016 alone.
Power Forward 3.0 includes key recommendations for companies, policymakers and investors to continue to scale clean energy efforts.
Companies interested in more information can contact Bryn Baker at: email@example.comLearn more h
Science-Based Targets Initiative
In 2015, the Paris Agreement saw nearly 200 of the world’s governments commit to prevent dangerous climate change by limiting global warming to well below 2° C. For companies to do their part in achieving that goal, they need ambitious emissions reduction targets that align with current climate science. That’s why WWF, in collaboration with CDP, World Resources Institute, and the United Nations Global Compact, created the Science-Based Targets Initiative.
Science-based targets help companies by specifying how much and how quickly they need to reduce their GHG emissions. WWF and our partners work to showcase companies setting science-based targets, define and promote best practices in science-based target setting, offer resources, and assess company targets. The initiative’s overall aim is that by 2020, science-based target setting will become standard business practice and corporations will play a major role in driving down GHG emissions.
Companies interested in more information can contact Matt Banks at: firstname.lastname@example.org
Mobilizing Corporate Policy Engagement
As the ambition of the private sector in addressing the climate challenges facing the US and the world continues to grow, so does the importance of engaging in critical policy discussions that enable this leadership. Nearly all of the initiatives on this page provide opportunities for companies to engage in policy with legislators, regulators, and other critical stakeholders on the local, state, and national stages. From assisting states in crafting climate policies that drive economic growth while meeting the commitments of the Paris Agreement to creating easier and more impactful avenues for accessing renewable energy, WWF’s climate and energy initiatives are a catalyst for policy engagement.