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Major companies commit to 24/7 carbon-free energy with climate group’s New Coalition

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By illuminem briefings

· 2 min read


illuminem summarizes for you the essential news of the day. Read the full piece on ESG News or enjoy below:

🗞️ Driving the news: Major companies, including Google, AstraZeneca, and Vodafone UK, have joined the Climate Group’s new 24/7 Carbon-Free Coalition
This initiative aims to match corporate electricity consumption with local carbon-free energy every hour of the day, advancing corporate decarbonization efforts

🔭 The context: The coalition builds on the Climate Group’s previous success with RE100 and seeks to push beyond 100% renewable energy by promoting real-time, localized carbon-free electricity usage
Coalition members will share insights and collaborate on policy advocacy

🌍 Why it matters for the planet: By focusing on 24/7 carbon-free energy, the coalition aims to eliminate reliance on backup fossil fuels, promoting a shift toward fully decarbonized grids, driving innovation in renewables, and fostering energy resilience

⏭️ What's next: The initiative is in its pilot phase, with a full rollout planned for 2025
It encourages more companies to adopt 24/7 carbon-free energy and will leverage technologies like battery storage and grid enhancements to achieve its goals

💬 One quote: “Together, we can accelerate decarbonization in this critical decade for climate action” - Kate Brandt, Chief Sustainability Officer, Google

📈 One stat: In 2022, Google facilities matched 64% of their energy use with renewable power, aiming for 100% carbon-free energy by 2030

Click for more news covering the latest on corporate sustainability 

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