What isClimate Week NycSEPTEMBER 18-24, 2017
Climate Week NYC gathers the most influential leaders from business, states and cities annually to share why and how they are embracing the opportunities of the clean economy. In 2017, Climate Week NYC will celebrate the scale of global climate action and how we ensure jobs and prosperity for all.Learn More
NEW YORK: The Climate Group launched a groundbreaking new campaign on electric vehicles (EVs) at Climate Week NYC 2017 on Tuesday at Spring Studios in New York City. EV100 aims to fast track the drive towards electric vehicles; by signing up, companies can use their collective buying power and influence to build demand, cut costs and remove barriers to adoption.
The campaign was launched at the ‘VELOCITY – Accelerating Climate Action’ event, which saw The Climate Group partner with Formula E, VICE Impact and Spring Studios to demonstrate the need for faster action, greater impact, and convergence across all sectors in the fight against climate change.
Ten leading companies - Baidu, Deutsche Post DHL Group, Heathrow Airport, HP Inc., IKEA Group, LeasePlan, METRO AG, PG&E, Unilever, and Vattenfall - were announced as members of the campaign –the first of its kind.
Opening the event, Helen Clarkson, CEO, The Climate Group, said: “We’re trying to gather companies to make global commitments on EVs and hit these goals by 2030. We want to make electric vehicles the new normal.”
Joining Helen on stage at the event were Pia Heidenmark Cook, Acting Chief Sustainability Officer, IKEA Group, Melissa Lavinson, Chief Sustainability Officer, PG&E Corporation, and Mike Lightfoot, Chief Corporate Affairs Officer, LeasePlan. Together they discussed the value of EVs, remarking on how EV100 can significantly help to lower emissions.
Pia Heidenmark Cook said: “IKEA Group wants to show that a transition to electric vehicles is possible, bringing benefits for both the global climate and the local environment around our stores. That’s why we are excited to join EV100 as founding members, and accelerate the change towards more sustainable transportation.”
Wang Lu, Vice President, Baidu, said: “We are delighted to be the first Chinese company to join EV100. As one of the world’s leading IT companies, we are inspired to create a better future for all through technology innovation, and are committed to sustainability across our business operations. We have already made significant progress in promoting low carbon electromobility. We hope that other Chinese companies will follow our lead.”
Alejandro Agag, CEO of Formula E, and ambassador for the EV100 campaign added: “This is going to be as or more important than the digital revolution.”
THE US CLIMATE IMPACT DEBATE
Velocity also brought together Kyung Ah Park, Head of Environmental Markets, Goldman Sachs, Governor Jay Inslee (Washington), Mayor Jacki Biskupi (Salt Lake City) and Eric Roston, Bloomberg LP, in a discussion chaired by Vice Creative Officer, Eddy Moretti, on how state, city and business leadership can make up for the US Federal Government withdrawal from the Paris Agreement.
Governor Inslee passionately highlighted how US states and cities would continue to deliver on the agreement, saying: "Donald Trump cannot stop us from our ultimate destiny of leading the fight against…He can tweet, he can wave his arms around, but he doesn't have the authority to stop us"
Receiving a resounding applause from the audience, he went on to say, "climate deniers do not belong in any position in office, we have to deliver that message"
Looking at the business angle, Kyung Ah Park highlighted the need for collective action, to create a “market-driven pull that policy wouldn’t be able to stop”.
EVEN MORE CORPORATE COMMITMENTS
The event also welcomed even more RE100 members; global financial institutions Citi and JPMorgan Chase & Co. beverage company Califia Farms, and UK investment management company Jupiter Asset Management.
Run by The Climate Group, in partnership with CDP, RE100 brings together businesses committed to sourcing 100% renewable power across their global operations. The news follows last week’s announcement that The Estée Lauder Companies, Kellogg Company, DBS Bank and Clif Bar & Company have also joined RE100. The campaign now includes 110 of the world’s most influential companies who are generating demand for over 150 TWh renewable energy annually – more than enough to power New York State.
Matt Arnold, Global Head of Sustainable Finance, JPMorgan Chase & Co., said: “Business has an essential role to play in advancing the transition to clean energy and a safe climate. Our commitment to source renewable power for 100% of our global energy needs by 2020 – which is paired with a plan to facilitate US$200 billion in clean energy financing through 2025 – is driven by ‘out-of-the-box’ innovators and a commercial approach that will deliver a more resilient energy supply chain.”
LEADING ON CLIMATE ACTION
Later, global businesses and RE100 members Philips Lighting, DBS Bank, Kellogg Company, AB InBev, General Motors and JPMorgan Chase took to the stage in two sessions to discuss how and why businesses can accelerate commitments. Members of The Climate Group’s EP100 campaign on energy productivity, H&M and Mahindra, also participated in the session.
Diane Holdorf, Chief Sustainability Officer, Kellogg said the business risks posed by climate change impacts was a reason to act on renewable energy, and underlined that consumers expect global brands to act responsibly.
David Tulauskas, Director of Sustainability, General Motors, said that young people had high expectations of their employees, while Michael Norton, Managing Director of Real Estate, JP Morgan highlighted the cost benefits of taking action, and the falling cost of renewables being a key factor in the company’s decision to target 100% renewable power by 2020.
General Motors also announced that it would power its Ohio and Indiana plants entirely with wind energy, meaning that renewable energy will cover 20% of the automaker’s global electricity load. Helen Clarkson hailed the achievement as “a fantastic show of commitment at CWNYC- and all achieved in just a year since the company joined RE100".
Vanessa Rothschild, Sustainability Business Controller, H&M, said: "We want to make fashion sustainable and sustainability fashionable… First of all we reduce the amount of energy we use, then ensure what we do use comes from renewable sources".
Anirban Ghosh, Chief Sustainability Officer, Mahindra Group, said:"EP100 and RE100 work fantastically well together - and for an automaker that makes business sense."
The ‘VELOCITY’ event saw Formula E announce The Climate Group as an official international foundation partner. The partnership will focus on championing EV100 to global businesses, building on Formula E’s global success in turning technology ambition into successful global sports events. Formula E will also be a Global Ambassador for EV100.
Formula E’s vision is that one day every car in the world will be electric, with the transition making a significant contribution to addressing challenges like climate change and inner-city pollution. Collaborating at a global level with multiple stakeholders, Formula E is offering a R&D platform to accelerate the rate of technology development and enable a smoother transition toward clean energy.
Alejandro Agag, Founder & CEO, Formula E, said: “I’m delighted that Formula E has joined forces with The Climate Group’s EV100 initiative as a partner to promote electric, sustainable mobility. Our partnership with the EV100 campaign is proof that change is already happening and causing a positive shift in attitude towards cleaner transportation. Formula E shows that electric isn’t just the technology of the future - it’s the technology of today. I’m glad to see other leading companies follow suit as part of this new agreement.”
VICE Impact is also joined The Climate Group and Formula E to announce a multi-year collaboration to drive the program forward. VICE Impact will utilize its unique approach to information to help the partnership secure even greater numbers of businesses committed to EV100, and involve global audiences in following their progress from commitment to delivery and impact.
Katherine Keating, Publisher, VICE Impact, said: “EV100, along with RE100 and EP100, is shaping the global response to climate change. It captures the profound shift in pioneering companies' investment and long term strategies away from fossil fuels and towards electrification and alternative sources of energy. There is an environmental reality, but there is case for hope in the age of genuine business sustainability.”
NEW YORK: Announced today at Climate Week NYC 2017 in New York, global financial institutions Citi and JPMorgan Chase & Co. have joined The Climate Group’s RE100 campaign with CDP, committing to source 100% renewable power across their global operations by 2020.
The announcements follow news last week that The Estée Lauder Companies, Kellogg Company, DBS Bankand Clif Bar & Company have also joined RE100. 110 of the world’s most influential companies are now generating demand for over 150 TWh renewable energy annually – more than enough to power New York State.
Helen Clarkson, CEO, The Climate Group, said: “This year’s Climate Week NYC is jam-packed with the best examples of corporate leadership – from cleaner, smarter energy choices through to ambitious commitments on electric transport. Companies joining RE100 recognize that renewable power is a smart business decision. Their leadership will help to shape energy markets away from fossil fuels and deliver on the Paris Agreement at speed.”
Citi is the leading global bank, with approximately 200 million customer accounts and business in more than 160 countries, and a mission to responsibly provide financial services that enable growth and economic progress. The bank has set a new target to achieve 100% renewable electricity by 2020 across its global operations, as part of its broader Sustainable Progress strategy and $100 Billion Environmental Finance Goal. Citi’s strategy will consider on-site power generation and Power Purchase Agreements, along with a continuing focus on energy efficiency.
Michael Corbat, CEO, Citi said: "We are right alongside our clients in supporting the growth of renewable energy development and production. We're committed to using renewable power sources for our global operations while continuing to provide financing for our clients' renewable energy and energy efficiency projects around the world."
JPMorgan Chase & Co., a leading global financial services firm with assets of US$2.6 trillion, announced in July that it plans to go 100% renewable by 2020. The firm, which has offices and operations in more than 60 countries across over 5,500 properties, covering approximately 75 million square feet – about 27 times the square footage of the office space at the Empire State Building - will achieve this goal by prioritizing transactions that add new renewable energy to the grids on which it consumers power. The firm will install renewable energy technology across buildings and branches, sign Power Purchase Agreements with renewable energy projects and reduce energy consumption. JPMorgan Chase also committed to facilitating US$200 billion in clean financing by 2025.
Matt Arnold, Global Head of Sustainable Finance, JPMorgan Chase & Co., said: “Business has an essential role to play in advancing the transition to clean energy and a safe climate. Our commitment to source renewable power for 100 percent of our global energy needs by 2020 – which is paired with a plan to facilitate US$200 billion in clean energy financing through 2025 – is driven by ‘out-of-the-box’ innovators and a commercial approach that will deliver a more resilient energy supply chain.”
Jupiter Asset Management is a leading, London-based investment management company, with a goal of sourcing 100% renewable energy for its electricity use by 2018. The company is already 94% renewable.
Maarten Slendebroek, CEO, Jupiter Asset Management, said: “We believe our decision to target 100% renewable electricity through RE100 highlights the alignment between our corporate strategy and our investment activities. As a long-term active investor, we believe that climate change and energy transition carry risks and opportunities that warrant our attention. This initiative demonstrates Jupiter’s commitment to environmentally responsible corporate behavior.”
Califia Farms is a leading provider of nutmilks, ready-to-drink coffees, juices and creamers, all of which are 100% plant-based, non-GMO, carrageenan-free, gluten-free, vegan and made with no artificial ingredients. The company is committed to sourcing 100% renewable electricity by 2020.
Eli Steltenpohl, Sustainability Manager, Califia Farms, said: “Next year, we plan on harnessing the California sunshine with more than just flavorful fruits and nuts. Califia Farms is committed to environmental stewardship across all facets of our business and we are excited to demonstrate that energy action is viable for companies of all sizes. We want to show how better-for you products can be produced in a better way, regardless of your industry or footprint."
The eight newcomers to RE100 were announced on stage today at ‘VELOCITY – Accelerating Climate Action’, a unique event at Climate Week NYC, which sees The Climate Group partner with VICE Impact, Formula E and Spring Studios to champion ambitious climate action to business and governments.
There were high level speakers from RE100 member companies, including AB InBev, DBS Bank, General Motors, Goldman Sachs, H&M, JPMorgan Chase & Co., Kellogg Company, and Philips Lighting – with H&M also speaking on their EP100 commitment on energy productivity, alongside Mahindra & Mahindra.
General Motors announced today that it would power its Ohio and Indiana plants entirely with wind energy, meaning that renewable energy will 20% of the automaker’s global electricity load.
RE100 recently celebrated its 100 members milestone, drawing praise from global climate leaders including Patricia Espinosa, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), and former US Vice President Al Gore.
Today, The Climate Group also launched its new EV100 initiative, to boost the uptake of electric vehicles across the world, and make electric transport the new normal.
Corporate interviews available: contact Marie Reynolds - MReynolds@theclimategroup.org.
For further information, please contact
Head of Media and Corporate Communications
The Climate Group
+44 (0)7912 514445
RE100 Communications Manager
The Climate Group
+44 (0)7849 785635
About The Climate Group
The Climate Group works internationally with leading businesses, states and regions to deliver a world of net zero greenhouse gas emissions and greater prosperity for all. We are at the forefront of ambitious climate action. Our focus is on collaborative programs with corporate and government partners that deliver impact on a global scale. The Climate Group stimulates action by businesses, states and regions, bringing them together to develop and implement the policies that make change happen. We also communicate their achievements to secure global public acceptance of, and even greater ambition for, a prosperous, net-zero future for all. The Climate Group is an international non-profit with offices in Beijing, London, New Delhi and New York. www.theclimategroup.org / @ClimateGroup
RE100 is a collaborative initiative uniting the world’s most influential businesses committed to 100% renewable power. Renewables are a smart business decision, providing greater control over energy costs and driving innovation, while helping companies to deliver on emission reduction goals. RE100 members, including 30 Global Fortune 500 companies, have a total revenue of more than US$2.5 trillion and operate in a diverse range of sectors – from Information Technology to automobile manufacturing. They send a powerful signal to policymakers and investors to accelerate the transition to a low carbon economy. RE100 is brought to you by The Climate Group in partnership with CDP, as part of the We Mean Business coalition.
CDP, formerly Carbon Disclosure Project, not-for-profit organization providing the global system for companies, cities, states and regions to measure, disclose, manage and share vital information on their environmental performance. CDP, voted number one climate research provider by investors, works with 827 institutional investors with assets of US$100 trillion and 89 purchasing organisations with a combined annual spend of over US$2.7 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them.
About Climate Week NYC
Climate Week NYC is one of the key summits in the international calendar and has been driving climate action forward since it was first launched in 2009 by The Climate Group. Taking place between September 18-24 in New York City alongside the UN General Assembly, Climate Week NYC 2017 will bring together international leaders from business, government and civil society to showcase the unstoppable momentum of global climate action. Climate Week NYC is brought to you by The Climate Group
NEW YORK: The Climate Group launched Climate Week NYC 2017 at a high-profile Opening Ceremony on Monday, bringing together global climate leaders to demonstrate how a combination of state, city and business commitment will continue to deliver the Paris Agreement.
Hosted at The Morgan Library & Museum, participants included world renowned pioneers such as Richard Branson, Founder, Virgin, Governor Edmund G. Brown Jr, Governor, California and Amina Mohammed, Deputy Secretary-General, United Nations.
Opening the summit, Helen Clarkson, CEO, The Climate Group, said: “At Climate Week NYC, we are highlighting the unstoppable force of action from business and government in tackling climate change, and how this can drive innovation, jobs and prosperity for all – our central theme for the week. Through our work with businesses, states and regions, we will continue to drive the implementation of these goals, so that we can keep global warming well below 2°C.”
Taking place between September 18-24 in New York City, Climate Week NYC is one of the key summits in the international calendar and has been driving climate action since it was first launched by The Climate Group in 2009.
The summit takes place annually alongside the UN General Assembly and brings together international leaders from business, government and civil society to showcase the unstoppable momentum of global climate action.
Multinational businesses including Siemens and PepsiCo, as well as RE100 members Bank of America, Mars, Walmart and Carlsberg Group were key participants at the Opening Ceremony, highlighting the central role of business in addressing the climate challenge.
After President Trump’s decision in June to withdraw the US from the Paris Agreement, the role of sub-national governments in driving innovative climate policy has also been at the forefront of the agenda. Governor Brown was joined at the Opening Ceremony by Philippe Couillard, Premier, Quebec, Jay Inslee, Governor, Washington and David Ige, Governor, Hawaii, and together they emphasized the commitment of US states to implementing the Paris accord.
Stephen Badger, Chairman of the Board, Mars and Norm Ornstein, of the American Enterprise Institute, joined the four sub-national leaders on the summit’s opening panel which addressed the importance of multiple climate commitments across states, cities and businesses.
COMMITMENT FROM STATES, CITIES AND BUSINESSES
The summit also saw the launch of a landmark new report - ‘States, cities and businesses leading the way: a first look at decentralized climate commitments in the US’ - authored by NewClimate Institute and The Climate Group and powered by CDP data. The report shows that the US can already meet half of its Paris Agreement climate commitments by 2025, if the 342 commitments included in the analysis are implemented. This report provides the first steps in helping to quantify the contribution of states, cities and business to reduce US greenhouse gas emissions.
Clarkson said: “US states, cities and businesses are not waiting for the US federal government to make its position clear on Paris. This new report clearly highlights their unwavering commitment to climate leadership. Importantly, it shows us that climate action is not solely dependent on the actions of national government. US states, cities and businesses have the power to mitigate the consequences of a full Paris pull out.”
Governor Brown added: “Cities, states and businesses are stepping up and taking action to reduce the threat of catastrophic climate change.”
NEW SIGNATORIES TO THE UNDER2 COALITION
Additionally at Climate Week NYC, as Secretariat of the Under2 Coalition, The Climate Group announced seven new members. The Under2 Coalition is a global network of ambitious subnational governments publicly committed to long-term deep decarbonization and supporting the Paris Climate Agreement goal of keeping the rise in global temperature well below 2 degrees Celsius.
New signatories include the cities of Atlanta, Boulder, Orlando, Pittsburgh and Montgomery County, Marylandin the US; and Qualimane in Mozambique, while the Marshall Islands become the seventeenth nation to endorse the Coalition.
With the addition of these new members, the Under2 Coalition now includes 187 jurisdictions on six continents that collectively represent more than 1.2 billion people and US$28.8 trillion GDP - equivalent to over 16% of the global population and 39% of the global economy. The coalition, formed in 2015 by the states of California and Baden-Württemberg, Germany to mobilize and galvanize bold climate action in the lead up to COP 21, pledges to limit greenhouse gas emissions to two tons per capita or 80 to 95% below 1990 levels by 2050.
On endorsing the Under2 MOU, John Silk, Minister of Foreign Affairs and Trade, Republic of the Marshall Islands said: “If we don’t keep global temperature increases below 1.5 degrees, my country will not survive, and no country will be safe. Every country, every company, and every constituency must take ambitious climate action, and it is this groundswell of climate action that the Under2 Coalition is building’’.
LAUNCH OF CLIMATE OPTIMIST CAMPAIGN
The Opening Ceremony also saw the launch of a new survey which finds that a majority of people globally are optimistic about our ability to address climate change. The survey, conducted by global market research firm Ipsos on behalf of The Climate Group and change agency Futerra, polled online adults aged 16-64 in 26 countries and is at the heart of a new campaign, #ClimateOptimist, to change the dominant narrative on climate change.
The #ClimateOptimist campaign seeks to raise awareness of the solutions to climate change to shift the dominant narrative around the topic and combat fatalism about our future. The approach is grounded in decades of scientific evidence which show that optimism compels action. Specifically, #ClimateOptimist asks people to:
- Opt in as a Climate Optimist, and share your belief that we can solve this.
- Take climate action in your own life, by doing things that will make you healthier and happier.
- And shine a light on solutions. Find out about the amazing progress already happening.
Find out more at www.ClimateOptimist.org
A fascinating discussion between Anne Finucane, Vice Chair, Bank of America and Rachel Kyte, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All (SEforALL) was followed by a keynote from Amina Mohammed, Deputy Secretary-General, United Nations, who emphasized the need for a collective follow through on the Paris climate deal.
Joan MacNaughton, Chair of Board, The Climate Group, then moderated a panel which focused on the necessity of developing strong coalitions and partnerships across sectors to drive action. Participants on the summit’s second panel included Nicolas Hulot, Minister for the Ecological and Inclusive Transition, France, The Honourable Catherine McKenna MP, Minister of Environment and Climate Change, Canada and Lawrence H. Summers, former US Treasury Secretary.
The following session featured major businesses reflecting the scale of action, innovation and investment now taking place towards the achievement of a zero-carbon economy. Participants included Jenny Bofinger-Schuster, Sustainability Director, Siemens AG, Flemming Besenbacher, Chair of Board, Carlsberg Group, Kathleen McLaughlin, Senior Vice President and Chief Sustainability Officer, Walmart & President of Walmart Foundation, Fleming Voetmann, Vice President of Public Affairs, International Copper Association, and Dr Mehmood Khan, Vice Chairman and Chief Scientific Officer, Global Research and Development, PepsiCo.
The final panel of the day focused on recognizing the impact on communities from rapid technological and sector change. Participants included Claire Perry MP, Minister of State for Climate Change and Industry, UK Government, Sharan Burrow, The B Team Leader as well as leaders from Enel Group, West Virginia Regional Technology Park and Mystic Formulations.
Amy Davidsen, Executive Director, North America, The Climate Group then moderated a high-level conversation between Sir Richard Branson, Founder, Virgin Group and B Team Leader, and Andy Karsner, Managing Partner, Emerson Collective. The discussion addressed the vital role of innovation in the journey towards a global net-zero emissions economy.
Branson, who’s Necker Island home was severely damaged earlier this month as a result of Hurricane Irma, said: "They're getting worse and there are more of them… On Necker Island, by going clean we were saving a few hundred thousand dollars on fuel bills. The only thing left standing on Necker were our solar panels"
"We can get on top of the climate problem in the same way that we got on top of the ozone problem"