Sustainable Procurement News
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Renewables: Europe on track to reach its 20% target by 2020

Europe as a whole is performing well in its deployment of renewables. In 2011, renewables generated 21.7% of the EU's electricity; three years later, this figure has reached 27.5%, and it is expected to climb to 50% by 2030. The EU's initial efforts in promoting the use of renewables facilitated this continued growth which resulted in lowered renewable costs: the prices of photovoltaic modules fell by 80% between the end of 2009 and the end of 2015. Renewables have now become cost-competitive, and sometimes even cheaper than fossil fuels.
EcoVadis's insight:

The European Union is working its way to become world's number one in renewables

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Coming up: what Parliament will be working on this year 

Coming up: what Parliament will be working on this year  | Sustainable Procurement News | Scoop.it
The biggest piece of climate change legislation the coming years is probably the reform of Europe's emissions trade system. It also represents the EU's first concrete steps to comply with the limits agreed at the COP21 conference. It could help to reduce emissions and encourage companies to shift to renewable or low-carbon sources. It should also help to prevent firms moving production to countries with lower environmental standards.
EcoVadis's insight:

The European Parliament will continue encouraging companies to be more responsible in their supply chain

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Schneider Electric Launches Network to Help Companies Discover, Vet Energy Prospects | Sustainable Brands

Schneider Electric Launches Network to Help Companies Discover, Vet Energy Prospects | Sustainable Brands | Sustainable Procurement News | Scoop.it

Schneider Electric launched a collaborative online platform to help commercial and industrial companies find the right tools and financial vehicles to meet their sustainability goals. Designed to simplify and accelerate the buying process, the New Energy Opportunities (NEO) Network™ allows end users to quickly identify and vet renewable energy, cleantech and energy-efficiency prospects.

EcoVadis's insight:

Great to see our client Schneider Electric working on these type of online collaborative tools and helping engage suppliers to meet sustainability goals.

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Corporate Renewable Energy Buyers’ Principles PepsiCo and TD Bank sign on to Renewable Energy Buyers’ Principles

Corporate Renewable Energy Buyers’ Principles PepsiCo and TD Bank sign on to Renewable Energy Buyers’ Principles | Sustainable Procurement News | Scoop.it
As of January 2017, 65 companies have signed on, representing over 48 million MWh of annual demand by 2020, equivalent to powering 4.4 million American homes with clean, renewable energy.
EcoVadis's insight:

Great to see PepsiCo and TD Bank take bold initiatives!

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Mars Calls on Global Leaders to Take Bold Action on Climate Change, Accelerates Its Own Renewable Energy Efforts

Mars Calls on Global Leaders to Take Bold Action on Climate Change, Accelerates Its Own Renewable Energy Efforts | Sustainable Procurement News | Scoop.it

Mars, Incorporated is urging the business community and global leaders at COP22 to take bold action to implement the targets agreed last year in Paris for tackling climate change. Mars combined this call to action with an announcement of plans for a wind farm in Mexico—its third major wind energy commitment in as many years.
Mars has an ambition to eliminate all fossil fuel use from its operations by 2040. Today the company is urging business and global leaders to do the same by setting ambitious goals that go beyond the national targets agreed at COP21.

EcoVadis's insight:

Great to see multi-nationals such as Mars calling on Global Leaders to take actions on climate change. How engaged are you towards the issue?

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