Quick Facts

Renewables are cheaper

“The trend is clear: by 2020, all mainstream renewable power generation technologies can be expected to provide average costs at the lower end of the fossil-fuel cost range. In addition, several solar PV and wind power projects will provide some of the lowest-cost electricity from any source.”

-Adnan Amin, Director-General of the
International Renewable Energy Agency (IRENA)

Greenhouse Gas

“The typical consumer company’s supply chain generates far greater social and environmental costs than its own operations, accounting for more than 80 percent of greenhouse-gas emissions”

-McKinsey & Co

Most new power plants will be renewable

“Renewables capture two-thirds of global investment in power plants to 2040 as they become, for many countries, the least-cost source of new generation.”

-International Energy Agency (IEA)

Carbon emissions are largely outsourced

“72% of emissions arising from the Chinese clothing industry are embodied in clothing exported to other countries”

-The Carbon Trust

Few companies have committed to supply chain renewable energy targets

“Among the 118 brands in the IT and textile industries of the CITI evaluation, 17 brands have already begun to respond to their supply chains’ GHG emissions and establish supply chain emissions reduction targets.”

- The Institute of Public & Environmental Affairs (IPE)