Clean Energy (SDG 7) in Focus for Investors; Corporations Taking Action; Identify Trends

17 Weeks for 17 Sustainable Development Goals (SDGs):
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Getty images credit - SDG 7

Why Take Action?
The Global Challenge:
SDG 7 has four dimensions, calling for energy to be affordable, reliable, sustainable and modern. The global economy’s reliance on fossil fuels and the increase in greenhouse gas (GHG) emissions is visibly affecting the climate on every continent. At the same time, one in five people lacks access to electricity. As the UN Development Programme notes, providing clean energy sources in all developing countries to meet rising demand will encourage growth while helping the environment.
Your Business Opportunity
Four in five executives say energy efficiency will play a more important role in their business in the future, the UN’s Sustainable Energy for All initiative (SE4All) has found. Sustainable energy provides new opportunities for growth, by enabling businesses to grow, generating jobs, and creating new markets. The International Renewable Energy Agency (IRENA) estimates that doubling renewables will save up to 15 times more than it costs to do so.
Featured GSC Webinar
GSC Webinar Featuring CDP Supply Chains Program Report
Wednesday, June 8th, 12:00 pm ET
This joint webinar with CDP will highlight how global companies are: Integrating CDP data into their procurement processes; Using CDP data to set targets for GHG emissions and water conservation; and Collaborating with suppliers on climate change initiatives that drive carbon and cost savings. Register Here.
Take Action on Goal 7 and Make a Difference
SDG 7 in Focus for Investors
Sustainable energy image Goal 7 ranks first among the SDGs on which investors intend to take action in the next 15 years, according to ShareAction, a UK-based NGO seeking to “make investment a force for good.” And among the investors surveyed who are supporting the SDGs currently, 67% are taking action on Goal 7. Learn more.
Meanwhile, energy efficiency is highlighted in a report on long-term investment opportunities created by the SDGs. UBS argues that investors willing to commit to challenges related to “enduring structural trends” (population growth, aging, increased urbanization, resource constraints, innovation) “can benefit from potential mispricing created by the typically shorter-term focus of financial markets.” UBS notes that for each dollar invested in energy-efficiency measures, around two dollars can be saved in investments in electricity supply, and up to four dollars in electricity costs over the life-cycle of a product.
The report points to energy-efficiency investment opportunities in buildings, transport, and information technology. Demand for energy-efficient products could grow by 7-8% annually, it says, reaching $530bn annually in 20 years.
Identify Energy Trends in your Supply Chain
IRENA Roadmap image REN21 Interactive Map

Click on each country in your supply chain for detailed information on renewable energy policies, regulations, and more, at REN21.

IRENA Gateway
Search for renewable energy information by resource or country at the IRENA gateway. For modern renewable energy share in total final energy consumption (%), by country, see page 62. For renewable energy share in industrial energy use, 2010-2030, by country, see page 72. For other data, see the 2016 edition of Roadmap for A Renewable Energy Future.
SE4All infographic SE4All Global Tracking Framework
The UN’s Sustainable Energy for All initiative (SE4All) Global Tracking Framework established baseline data and provides bi-annual updates on trends in energy access, renewable energy and energy efficiency. See the 2015 report for country-by-country progress toward energy access, energy efficiency, and renewable energy.
SE4ALL provides country details on: Access to Electricity (% of population); Access to Non-Solid Fuel (% of population); Rate of primary energy intensity improvement, CAGR (%); and Share (%) of Renewable Energy in TFEC.

UNDP Review of LDCs and Sub-Saharan Africa
For a focus on energy access in the Least Developed Countries and Sub-Saharan Africa, consult this UN Development Programme report. It includes country information on access to electricity and modern fuels, including statistics on fuel types, improved stoves used for cooking, and mechanical power, as well as evidence on health impacts of indoor air pollution from household use of solid fuels for cooking and heating.
Find Energy Access Practitioners in your Region
EAPN map image The Energy Access Practitioner Network is provided by the United Nations Foundation. It is a global network of over 2,000 members representing small, medium, and large clean energy enterprises, civil society, government, and academia operating in over 170 countries. In 2014 alone, our practitioners reported almost 2.5 million installations completed and products sold, and over 21 million individuals provided with sustainable energy solutions.
Search the directory by region, country, industry, business type, or area of expertise.
Learn from Leaders Taking Action on SDG 7
Vectren wind farm image Vectren
Vectren, which delivers natural gas, electricity, and infrastructure services in the US, runs a green power plant, Blackfoot Clean Energy Facility, which captures gas emitted by decomposing trash and uses it to power two generators, enough to power 2,000 homes. It also purchases 80 MW from wind farms, and markets its Renewable Energy Credits (RECs) to reduce electric customers’ bills. Learn more.

JP Morgan Chase

JP Morgan Chase & Co announced policy changes to eliminate support for new coal mines, as well as new coal-fired power plants in high-income OECD countries. Bloomberg notes that JPMorgan is among several other financial institutions making pledges to reduce support for coal projects, in response to a divestment campaign by environmental groups.


J. Crew notes that reducing energy in its stores, offices and distributions centers “makes financial sense.” In 2002 it began systems to optimize and minimize heating, ventilation and cooling (HVAC) and lighting usage. Its New York offices are LEED Silver certified (Leadership in Energy and Environmental Design), ensuring that they conserve energy and water, reduce waste sent to landfills and are healthier and safer for building occupants. Learn more.

The software services company launched a 6.6 MW capacity solar PV power plant in Telangana State, India, making Infosys one of the first corporate campuses in India to be run completely by renewable energy. Infosys EVP and Head (Infrastructure, Facilities, Administration, Security and Sustainability) Ramadas Kamath said, “Companies have a responsibility to the communities in which they are present and sustainable development and climate change are issues that businesses need to get actively involved in. We hope other companies will emulate us.” Learn more.
Voya image Voya Financial
Among its environmental achievement highlights for 2014, Voya reported a 39% energy reduction since 2007; power management technology on computers, monitors and printers; 100% wind REC (renewable energy certificate) purchase; and purchase of renewable energy credits, covering 100% of the company’s energy consumption.
Amplify your Impact: Collaborate with NGOs
and Other Companies
Partnering with NGOs focusing on sustainable energy can help leverage their experiences, knowledge, best practices and network to amplify your efforts.
Global Alliance for Energy Productivity image Global Alliance for Energy Productivity

The Global Alliance for Energy Productivity is a growing network of companies and governments committed to doubling energy productivity globally, with SE4All as a partner. Companies are invited to use this form to commit to: improve your energy productivity; share your success stories; and call on others to do the same. Other companies who have endorsed the goal include Lockheed Martin, Johnson Controls, and Vermont Energy Investment Corporation.

Rocky Mountain Institute
The Rocky Mountain Institute leads initiatives to deliver climate and clean energy policies, models, and partnerships that accelerate the transition from fossil fuels to a clean energy economy.
Lighting a Billion Lives
The Energy and Resources Institute (TERI), a non-profit organization in India, leads Lighting a Billion Lives. The global initiative uses an entrepreneurial model of energy service delivery to enable energy-poor communities to transition from traditional, inefficient energy sources to modern, efficient and sustainable ones. Corporate partners include Boeing, Bentley, Toyota, Ricoh, and Nokia.
Join the Sustainable Sourcing Community:
Become a GSC Member to Drive Results
Download 17/17 Prospectus As a GSC member, you will gain global exposure for your sustainability efforts and benefit from the ability to demonstrate leadership, educate and inspire more action in sourcing, supply chains and procurement.
As part of your GSC membership, you will also have the opportunity to communicate your SDG support of the 17 Weeks/17 SDGs initiative and sponsor the 3S Awards.
GSC 17/17 Media Partners
GA Institute SIG 3BL Media 2Degrees Network
Highlight your Work for Sustainable Energy in Sourcing:
Apply Today for 2016 3S Awards
Solar Sister video 2015 Nominee for Empowered Women Award: Solar Sister
Solar Sister is the world’s leading social enterprise in eradicating energy poverty by empowering women with economic opportunity. It combines solar and clean cooking technologies with a deliberately women-centered direct sales network to bring opportunity to remote communities across Africa.
3S Contact Form 3S Awards 2016
Are you a supplier addressing energy challenges in your community? Do you know of others working to ensure sustainable energy in their supply chains?
Contact Angeline Judex, GSC Executive Director to learn how to participate in the 2016 3S (Sustainable and Socially Responsible Sourcing) Awards and Gala taking place in New York in November.
Join the Conversation and Share your SDG 7 Story: Follow GSC
@GlobalSourcing Tweet GSC1717 to share your sustainability story and highlight your support of SDG7 actions and commitments. Follow @GlobalSourcing
Attend an Upcoming Event on Sustainable Business and SDGs
Join GSC Experts
  • United Nations Institute for Training and Research (UNITAR) event: Why are the SDGs Relevant for the Private Sector? (April 22, Geneva)
  • CSR Certificate Program (Rutgers Business School’s Institute for Ethical Leadership and Governance & Accountability Institute (April 27-28, Newark, NJ)
  • CDP-GSC Webinar (June 8, virtual)
GSC Partner Events

Other Events on Sustainability and Business

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Latest News on SDG 7
Perimeter Institute ‏@Perimeter: Interested in energypoverty & sdg7 ? @wgsisummit has some live webcasts this week! Info:
Green Planet Fdn ‏@greenplanetfdn: Efforts to eradicate energypoverty must be technologically neutral not biased toward specific energy source Goal7
Practical Action ‏@PracticalAction: The Race is On! We must accelerate energy access to meet 2030 goals offgrid faster SDG7
Kyle Santos ‏@Ksantos006: Listening in as @GlobalSourcing talk about GlobalGoals Inspiring and Empowering Profit with Purpose …
Lily Bowles ‏@LilyBowles: Thank you @globalcompact @GlobalSourcing @UNDP @GreystonBakery for webinar on ESG business practices supporting SDGs!