Mace to use 100% renewable power by 2022
Mace has become the first UK construction company to commit to sourcing all its electricity needs from renewable sources by 2022.
The contractor has joined the RE100 renewable electricity campaign of The Climate Group, an international, non-profit organisation which works to promote the take-up of low carbon energy and technology.
Mace is aiming to use 75% renewable electricity for its global operations by 2019, and 100% by 2022.
Mark Reynolds, chief executive of Mace, said: “By signing up to RE100, we are making a clear public commitment to procure all of our power from renewable sources by 2022.
“The construction sector has a huge role to play in reducing carbon emissions and mitigating the impacts of climate change. As the only UK construction company to take the pledge to date, I hope that we’re setting a clear example for others to follow.”
RE100 members create demand of up to 153 TWh of renewable electricity annually, and have total revenue of almost £2tn. Banking group HSBC also signed up with the organisation recently.
The Climate Group’s other initiatives are the EV100, which brings together companies committed to accelerating the transition to electric vehicles (EVs), and the EP100, a collaboration of businesses which have pledged to double their energy productivity.
Helen Clarkson, chief executive officer of The Climate Group, said: “It’s fantastic to see continued leadership from companies on climate action – commitments like these are smart business decisions that future-proof operations and boost the bottom line.
“EV100 members are helping to wean us off polluting petrol and diesel while RE100 members are increasing demand for renewable energy.
“Together with EP100 commitments that enable companies to get more out of the energy they use, leading companies are shaping our global energy market for the future and helping to accelerate the emissions reductions needed to deliver on the Paris Agreement.”