The Renewable Energy Consumer Label

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Hugo Nichols
6 years ago
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1 The Renewable Energy Consumer Label 2011

WINDMADE IS A NEW AND UNIQUE SUSTAINABILITY INITIATIVE WindMade

contributions to adoption of renewable energy around the globe

standard for corporations & their products The first global

First Global Consumer Label for products & companies made with

likes of WWF and UN Global Compact WindMade is an independent

2 WINDMADE IS A NEW AND UNIQUE SUSTAINABILITY INITIATIVE WindMade a global standard and label to accelerate corporate contributions to adoption of renewable energy around the globe WindMade is the first global renewable energy procurement standard for corporations & their products The first global standard for corporate procurement of renewable electricity First Global Consumer Label for products & companies made with Wind Energy A global public-private initiative backed by the likes of WWF and UN Global Compact WindMade is an independent label established by a corporate partnership endorsed by (N)GOs The WindMade partnership WINDMADE 2

3 WHY WINDMADE? BECAUSE CONSUMERS ARE READY TO ACT! Consumers want environmentally responsible options and are willing to favor products made with Wind Energy #1 consumers consider climate change to be the number 1 challenge facing the world today 90% of consumers see renewable energy as a critical part of the solution to combat climate change 79% of consumers would have a more positive perception of brands if they were produced with wind energy consumers 26 markets 31 brands 75% of consumers would pay more for products labeled WindMade Source: TNS Gallup Consumer Survey 2011 WINDMADE 3

peers 12% 74% $$$ of the disclosed energy consumed came from renewable energy sources of companies increased the renewable energy

4 WHY WINDMADE? TO REWARD RESPONSIBLE CORPORATIONS Newly launched CREX index demonstrates that companies with clean energy consumption outperform peers 12% 74% $$$ of the disclosed energy consumed came from renewable energy sources of companies increased the renewable energy procurement from Companies procuring renewable energy outperformed peers by 37% in the stock market CREX: Index of publicly listed companies procuring renewable energy Source: Bloomberg-Vestas Corporate Renewable Energy Index (CREX) 2011 WINDMADE 4

WINDMADE HAS PROGRESSED QUICKLY IN UNDER 1 YEAR WindMade has

milestones during 2011 the world is watching WindMade is a

January 2011 June 2011 November 2011 January: WindMade partnership

nonprofit organization established in Brussels, CEO recruited June:

5 WINDMADE HAS PROGRESSED QUICKLY IN UNDER 1 YEAR WindMade has developed fast and received substantial press coverage around key milestones during 2011 the world is watching WindMade is a fast-paced initiative and will be fully operational during 2011 January 2011 June 2011 November 2011 January: WindMade partnership announced at the World Economic Forum, Davos May: WindMade nonprofit organization established in Brussels, CEO recruited June: WindMade standard released for public consultation October: WindMade Standard approved by Board. November: First WindMade Orgs Unveiled WindMade has received positive coverage in renowned media (online, print & television) WINDMADE 5

6 THE WINDMADE LABEL IS RIGOROUS, BUT FLEXIBLE The rigorous yet flexible standard recognizes that there are different methods and strategies for corporate renewable energy procurement 3 procurement methods Flexible application areas Direct ownership of wind generation facilities Organizational standard Available Oct 2011 Product standard Available 2012 Organization Location Product Power purchase agreements from wind generation facilities Approved certificate programs (e.g. Green-E) Corporate web Annual report Sustainability report In-store promo Advertisements Minimum 25% from Wind Packaging Product In-store promo Minimum % TBD 3 rd party verification required and % displayed in label WINDMADE 6

7 THE WINDMADE LABEL: TWO VERSIONS ARE AVAILABLE Companies can choose to display only wind percentages or a renewable energy mix WINDMADE 7

effort The Founding Partners The Sounding

and have procured renewable energy from all

8 WINDMADE IS A RESULT OF A GROWING PARTNERSHIP Global organizations with high ambitions for financially driven sustainability have contributed to the effort The Founding Partners The Sounding Board The WindMade Pioneers The Technical Committee 15 WindMade Pioneer Companies will be unveiled at the official launch of WindMade on November 18, Pioneers represent 15 different industries and have procured renewable energy from all over the world. Pioneers commit to becoming WindMade certified during 2012 WINDMADE 8

9 The Renewable Energy Consumer Label 2011

Energy Transparency. Morten Albaek Chief Marketing Officer Global MarCom & External Relations, Vestas

Energy Transparency. Morten Albaek Chief Marketing Officer Global MarCom & External Relations, Vestas Energy Transparency How do consumers perceive the current energy mix? What s the answer of large corporations? Morten Albaek Chief Marketing Officer Global MarCom & External Relations, Vestas The Burning