81 companies to join the White House-led American Business Act on Climate Pledge

General MillsIKEA and Best Buy are among the 81 companies to recently join the White House-led American Business Act on Climate Pledge, which sets significant greenhouse gas reduction and renewable energy sourcing goals for 2020 and beyond.

The pledges focus on increasing energy efficiency, boosting low-carbon investing and making sustainability more accessible to low-income Americans.

Autodesk, Bloomberg, CA Technologies, Dell, eBay, EMC, Kellogg’s, Levi Strauss & Co., L’Oréal, Mars, Nestlé, Nike, PG&E, Starbucks, Unilever and The Walt Disney Company also recently signed on to the climate action pledge. (BICEP).

By signing the pledge, companies are: Voicing support for a strong outcome at the COP21 climate talks in Paris; demonstrating an ongoing commitment to climate action by announcing significant new pledges to reduce their emissions, increase low-carbon investments, deploy more clean energy and take other actions to build more sustainable businesses and tackle climate change; setting an example for their peers by mobilizing for leadership and action on climate change challenges and goals.

IKEA, for example, is committing to produce as much renewable energy as the total energy consumed in global operations by 2020. This goal has already been met in the U.S. due to the IKEA Group’s major wind farm in Illinois.

Best Buy is committing to reduce carbon emissions at its North American facilities by 45 percent by 2020, from 2009 levels. Its new commitment is more than double its previous goal of a 20 percent reduction by 2020.

PG&E is pledging to invest about $3 billion a year to modernize the electric grid so it can better integrate distributed solar, energy storage, electric vehicles and other low-carbon technologies. It also is committing to support implementation of EPA’s Clean Power Plan and provide customers with electricity that is more than 60 percent carbon-free by 2020.