Renewable Energy: Invest for Impact

Reiterating the rapid rise of renewables is powerful corporation Barclays, who revealed their plans to commit to a renewable future on 5th June 2019. The multinational investment bank pledged to source 100% renewable electricity by 2030, with an interim goal of 90% by 2025. [1]

To date, there are more than 170 influential companies that have set 100% renewable targets under the RE100 initiative. [2] Statistics reveal that since November 2018 the initiative has seen a 9.6% increase from 155 members to 170. [3] Barclays join the initiative alongside other significant companies such as Ikea, Adobe, Apple and many more.

The rapid growth of renewable energy is exciting for both the industry and the environment. With the increase in technological advancements, we can predict to see new and efficient renewable energies being produced worldwide. As of late, it seems there’s no stopping this industry.

Ciaran Harkin, Operations Director – QASSS Ltd in partnership with HIES commented:

“It is great to see such a large company commit to reducing their carbon footprint by committing to source 100% renewable electricity by 2030. This can only be good news for our industry and, more importantly, our future. We hope moves like this inspire other companies and consumers to follow suit as we move to a more sustainable future.”