The demand from major businesses to source 100% renewable energy is surging, according to latest figures.
Total electricity demand from corporates signed up to the RE100 initiative has risen 20% in just eight months and is now larger than that of the UK.
Together, businesses who have pledged to source 100% renewables have a demand of 334TWh, compared to the 326TWh used to power the whole of the UK last year. They are set to save CO2 emissions equivalent to the burning of more than 118 million tonnes of coal per year.
Sam Kimmins, Head of RE100 for the Climate Group, said: “Business demand for renewable electricity is racing past that of G7 countries, because it makes business sense as well as environmental sense.
“But many hundreds more, big corporates are yet to take this relatively easy step towards net zero carbon. To meet global climate targets, and to remain competitive in a world driven by cheap, clean electricity, it quickly needs to become the norm to power your business with renewables.
“Governments must do more too. In many countries, from the EU to Asia, there are barriers to fulfilling the corporate appetite for clean power. Which is bizarre as business investment makes it easier to meet national targets and drives green growth and jobs."