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This guide will help you understand how to meet your renewable energy targets by incorporating EACs into your procurement strategy.
DownloadIn the push toward sustainability, companies around the world are seeking credible and scalable pathways to meet their renewable energy targets. For companies with ambitious climate goals, the question isn't whether to act – but how. There are several proven strategies available, each with unique opportunities and challenges.
At the top of the commitment scale is direct investment. This involves companies installing solar panels on rooftops or wind turbines on nearby land. This approach is ideal for companies that:
Direct investment offers control and visibility but is often limited by physical space, grid infrastructure, local climate, and capital availability.
Power Purchase Agreements represent a deeper engagement. Here, companies commit to purchasing renewable electricity from a specific project, often enabling that project’s development, over a long-term period, typically 10–20 years.
While PPAs are impactful, they have barriers to entry such as complexity and costs:
Still, for companies with stable operations and long-term sustainability goals, PPAs can be a strategic choice for securing clean energy at scale.
For many businesses, working with utility green energy programs offers a more accessible entry point. These programs may offer:
While not as impactful as direct investment or PPAs, utility programs may provide a manageable and credible way to increase renewable energy consumption with fewer hurdles.
Energy Attribute Certificates (EACs) are a simple and effective way for companies to meet their renewable energy goals and support clean energy development around the world. They are widely used to comply with the Greenhouse Gas Protocol Scope 2 guidance and to achieve RE100 commitments, a global initiative encouraging companies to use 100% renewable electricity.
Benefits of EACs:
By using EACs, companies can take credible climate action now, while supporting the transition to a cleaner, more sustainable energy future.
EACs continue to be the largest source of renewable electricity procurement across all RE100 member companies: 39% of renewable electricity is procured from EACs (RE100 Annual Report, 2024).
This guide will help you understand how to meet your renewable energy targets by incorporating EACs into your procurement strategy.
DownloadClimate Impact Partners provides EACs across all the available markets with robust tracking systems to ensure credible, country-specific reporting.
For companies targeting 100% renewable energy, action must start immediately. Even if the long-term plan includes PPAs or direct investment, leveraging market-based instruments with EACs and participating in credible tracking systems will be essential in meeting global renewable energy targets, and enables companies to take meaningful steps now.
Speak with our global team of experts to explore how your company can achieve its renewable energy goals.
Kontaktieren Sie uns, um zu erfahren, wie wir Sie bei Ihren Klimaschutzmaßnahmen unterstützen können.