RE100 is a global corporate initiative with a vision to procure 100% of their electricity from renewable sources by the year 2050. To attain this objective, participating businesses are required to exclusively utilize electricity generated from renewable sources or offset their electricity consumption by purchasing Renewable Energy Certificates (RECs) matching the volume of electricity they use. At present, RE100 boasts a roster of 349 member companies, featuring industry leaders such as Apple, Google, Intel, 3M, and more. Eligibility for membership is contingent on a company’s inclusion in Fortune’s list of the top 1,000 enterprises or having an annual electricity consumption surpassing 0.1 TWh.

Participating companies pledge to power their operations and products with renewable energy sources. They require their suppliers to adhere to the same commitment by utilizing renewable energy in their production processes. Failures to meet this condition may result in termination of the business relationship or imposition of penalties. As a result, the mandate for renewable energy usage extends not only to major corporations but also to their supply chain partners.