Climate & Nature

Apple, Amazon, Meta, Nike and PepsiCo back Clean Energy Procurement Academy

ESG Broadcast Desk· 31 Oct 2023· 1 min read

Apple, Amazon, Meta, Nike, PepsiCo and REI Co-op backed the Clean Energy Procurement Academy, a Clean Energy Buyers Institute initiative to equip supply-chain companies to procure renewable energy. The effort targets Scope 3 emissions in global supply chains, directly relevant to Indian manufacturers supplying these multinational buyers.

The Clean Energy Procurement Academy launched with backing from Apple, Amazon, Meta, Nike, PepsiCo, and REI Co-op. Initiated by Apple and Nike through the Clean Energy Buyers Institute (CEBI), the Academy aims to provide companies with the skills and knowledge to access clean energy and expedite renewable-energy integration into global supply chains. It offers in-person and online training plus educational materials to enhance supply-chain companies' ability to invest in renewable energy, foster cross-industry collaboration, and encourage suppliers to elevate their renewable-energy targets and commitments.

The Academy affects supply-chain companies, particularly suppliers to the backing corporations, in key manufacturing regions worldwide. By building supplier capacity to procure renewable energy, the initiative targets Scope 3 emissions and aims to reduce carbon emissions across global supply chains. Manufacturers supplying Apple, Amazon, Meta, Nike, PepsiCo, and REI Co-op are directly affected, as the program seeks to establish new communities for buying renewable energy in key manufacturing regions and encourages suppliers to raise their clean-energy ambitions.

Supply-chain companies should engage with the Academy's training and educational resources to build capacity to invest in renewable energy and access supporting data. Suppliers should monitor opportunities to join new renewable-energy buying communities forming in key manufacturing regions. The Academy is the flagship project of CEBI's Global Programs, which commenced in 2022 with foundational funding from Google.org and is supported by the We Mean Business Coalition, indicating the broader network suppliers can tap for collaboration.

Key figure — Founding corporate backers: Apple, Amazon, Meta, Nike, PepsiCo and REI Co-op

This content is AI-assisted and reviewed by the ESG Broadcast editorial team. It is for informational purposes only and is not investment or ESG-rating advice. See our Technology & Transparency policy.

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Apple, Amazon, Meta, Nike and PepsiCo back Clean Energy Procurement Academy | ESG Broadcast