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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 good news for the bottom line and 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 them create innovative strategies and partnerships that are building the low-carbon economy.

Transformational Partnerships

Climate Savers

Climate Savers is a corporate 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.

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Companies interested in more information can contact Tim Letts at: tim.letts@wwfus.org

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Driving Ambition and Setting Goals

Power Forward

Power Forward is a series of reports by WWF, Calvert Investments, CDP, and Ceres that documents the climate and energy goals of the Fortune 500 and why and how many of these 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.

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Companies interested in more information can contact tim Juliani at: tim.juliani@wwfus.org

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Science-Based Targets Initiative

The 2015 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 to be aligned with the latest climate science. WWF helps companies define and promote best practices in science-based target setting, provide in-depth support to companies setting targets, assess company targets and showcase companies setting science-based 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.

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Companies interested in more information can contact Tim Letts at: tim.letts@wwfus.org

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Accelerating 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). After incubating REBA for 5 years, WWF and our NGO partners spun-off REBA into a new independent US business trade association. REBA’s goal is 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. REBA brings 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.

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Companies interested in more information can contact Marty Spitzer at: marty.spitzer@wwfus.org

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International Renewable Energy Initiatives

Businesses need similar support buying renewable energy for their global operations and value chains stretching around the world. Inspired by the success of REBA in the US, WWF is advancing REBA-like partnerships through our local offices in Australia, China, India, Japan, Korea, Mexico, and Vietnam. WWF’s unique global network with deep local roots allows us to connect global businesses to local initiatives as well as provide them with country-specific expertise, strategies, and support.

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Companies interested in more information about corporate renewable energy initiatives in international markets can contact Daniel Riley at: daniel.riley@wwfus.org

Renewable Thermal Collaborative

Renewable Thermal Collective logo

The Renewable Thermal Collaborative (RTC) is the leading coalition of organizations committed to scaling up renewable heating and cooling at their facilities and dramatically cutting carbon emissions. RTC members recognize the large and growing demand for renewable heating and cooling solutions and the urgent need to meet this demand sustainably and cost-competitively.

As a coalition, the RTC offers members “power in numbers.” The RTC is the only organization where large thermal energy users and solutions providers come together collaboratively to understand the problems in the market, learn from each other, and overcome 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.

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Companies interested in more information can contact Marty Spitzer at: marty.spitzer@wwfus.org

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Mobilizing Corporate Policy Engagement

As the ambition of the private sector in addressing climate change continues to grow, it is equally important for businesses to show their leadership by adding their voice to critical policy discussions. Nearly all the initiatives on this page provide opportunities for companies to engage in policy with legislators, regulators, and other critical stakeholders on the local, state, national and international stages. From assisting states in crafting climate or renewable energy policies that drive economic growth while meeting the commitments of the Paris Agreement to opening new opportunities for national climate legislation, WWF’s climate and energy initiatives are a catalyst and opportunity for corporate policy engagement.

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Companies interested in more information can contact Tim Juliani at: tim.juliani@wwfus.org

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 3,500 leaders across the United States 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 155 million Americans and $9.5 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

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Companies interested in more information can contact Marty Spitzer at: marty.spitzer@wwfus.org

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