Walmart, Starbucks join global initiative for renewable energy

Nine large U.S. companies on Wednesday committed themselves to achieving a major sustainability goal — and three of them are retailers.

Walmart, Starbucks and Nike are among the firms joining RE100, a global initiative led by The Climate Group to engage, support and showcase influential businesses committed to 100% renewable electricity. Other firms joining the campaign include Goldman Sachs, Johnson & Johnson, Procter & Gamble, Salesforce, Steelcase, Voya Financial.

The commitment to use 100% renewable energy is not a new one for Walmart.

“Walmart set out on its journey to be powered by 100% renewable beginning in 2005, and today’s pledge with RE100 further affirms the importance of our aspirational goal. With much of Walmart’s projected growth over the coming years set to take place in Central and Latin America, we are committed to increasing demand for renewable energy globally, ” said Enrique Ostale, president and CEO, Walmart Latin America.

The RE100 campaign was launched one year ago, with 13 original partners, including two retailers: Ikea Group and H&M.

The Climate Group is a global non-profit dedicated to the goal of a low-carbon future.

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