7-Eleven commits to renewable power

Global retailing giant will join the RE100 initiative that commits to 100% renewable electricity.

Seven & i Holdings Co. is switching its operations to 100% renewable power through the RE100 energy commitment.

RE100 is a global initiative bringing together the world’s most influential businesses committed to 100% renewable electricity.

Among the initiative's other retail members are H&M, Lululemon Athletica, Rakuten, Starbucks, Target, Tesco, Walmart and Woolworths Group, while big CPG companies include PepsiCo.

Led by international non-profit the Climate Group in partnership with CDP, the group have a total revenue of over US$6.6 trillion and operate in a diverse range of sectors.

“We welcome Seven & i Holdings to RE100,” said Amy Davidsen, executive director – North America for the New York-based Climate Group.  “In addition to its global footprint, 7-Eleven is one of the top 25 largest retailers in the U.S., so it’s exciting to see them move in the right direction towards a clean-energy transition. Seven & i Holdings is sending a signal that businesses are major players in the renewable energy market.”

Dallas-based 7-Eleven operates, franchises and/or licenses more than 71,800 stores in 17 countries, including 12,000 in North America.