Unlocking Corporate Procurement to Drive South Africa’s Renewable Electricity Transition Launch

Join the National Business Initiative (NBI) in partnership with The World Business Council for Sustainable Development (WBCSD), The Climate Group, CDP and supported by We Mean Business, to accelerate corporate renewable electricity procurement in South Africa.

A renewable electricity revolution is underway across the globe. This transition to renewable based electricity is a gamechanger for sustainable growth and global efforts to meet the objectives of the Paris Agreement.

Companies in South Africa are the largest consumers of electricity and therefore play a critical role in unlocking the widespread systemic change needed to achieve a carbon-neutral future. To this end, more than 50 companies with operations in South Africa have embarked on plans to procure 100% renewable power by 2050 or sooner, through RE100, led by the Climate Group and CDP, or the WBCSD’s REscale initiative.

To unlock opportunities for corporate renewable procurement, the NBI, WBCSD, The Climate Group, CDP and We Mean Business coalition will be hosting a multi-stakeholder online workshop on the 29^th of March 2021, to discuss how businesses, renewable electricity suppliers and municipalities can best realise the opportunities for corporate renewable electricity procurement in South Africa.

This Launch will kickstart a broader stream of work aiming to:

• Unlock opportunities for local companies committed to reaching net-zero emissions by facilitating discussions with renewable electricity suppliers, local government, and cities;
• Bring together electricity buyers and producers to understand common challenges; and
• Understand how companies can accelerate the renewable electricity transition in South Africa.

RE100 is a global initiative bringing together over 270 of the world’s most influential businesses driving the transition to 100% renewable electricity. WBCSD’s REscale members share the ambition to scale up renewable deployment beyond average growth to achieve 3.5 TW of capacity by 2025.

Please click here to register for this Zoom event.