Nestle, Ikea, BT, Formula E and more commit to 100pc renewable energy generation
A number of global business behemoths have outlined their commitment to 100 percent renewable power at the World Future Energy Summit, in Abu Dhabi.
RE100, a global campaign that encourages companies to use power exclusively from renewable energy sources includes Ikea Group, Nestlé, BT Group, Commerzbank, Formula E, H&M, KPN, Mars, Philips, Reed Elsevier Group, J Safra Sarasin Bank, SAP, SGS, Swiss Re and YOOX Group among its members.
At today's event, representatives from some of those companies highlighted the business and wider environmental benefits of switching to renewable energy.
“Investing in renewable energy is good for business, the economy and the planet,” said Ikea Group chief executive, Steve Howard. “That’s why we’ve committed to match 100 percent of our energy use with our own renewable energy generation by 2020 and have allocated €1.5bn to take us closer to this goal. Every business can benefit from making the switch to clean, abundant energy and RE100 is a call to action to accelerate this transition.”
“RE100 is fully aligned with Nestlé’s explicit commitments, which reflect our respect for the society in which we operate, respect for the environment, and respect for future generations,” said Claus Conzelmann, vice president and head of safety, health and environmental sustainability, Nestlé Group.
“The development of a thriving, global market for authentic renewable power will be a game-changer in emissions reductions and will drive a transition to a low carbon economy,” said Emily Farnworth, RE100 campaign director, The Climate Group. “Business leadership is essential to making this change happen.”
RE100, which was started by The Climate Group in partnership with CDP, used the summit to launch its first report, RE100: The journey to 100 percent.
The report features case studies from RE100 corporate partners. Its main findings are that solar PV is the most popular renewable power technology for corporates; heavy industry, construction and manufacturing sectors are the biggest investors in renewable energy, led by those in Europe; and consumer products, manufacturing and heavy industry sectors are getting the best financial returns.
RE100 was launched at Climate Week NYC on September 22, 2014. Fifteen companies have now joined the campaign and made a public commitment to going 100pc renewable. The two latest companies to join are SAP and SGS.
Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing
Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing
What is Ultium Cells LLC?
Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”
Who is Li-Cycle?
Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.
As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”
Why are Ultium Cells LLC and Li-Cycle join forces?
By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.
“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).
"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.
"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.
Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.
"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.