CLIMATE GROUP INC
335 Madison Ave 4th Floor, NEW YORK, NY 10173 www.theclimategroup.org

---

Organizations Filed Purposes: The Climate Group is an independent tax exempt organization that brings together networks of international businesses and governments to shift markets and policies toward the goal of a world of net zero carbon emissions by 2050, with greater prosperity for all. Our mission is to drive climate action. Fast. We act as a catalyst to take innovation and solutions to scale. And we use the power of communication to build ambition and pace.

The Climate Group brings together networks of international businesses and governments to shift markets and policies toward the goal of a world of net zero carbon emissions by 2050, with greater prosperity for all.

During the 2019-20 fiscal year, The Climate Group drove climate action, fast, catalyzing a market and policy shift toward net zero emissions by 2050 despite the global pandemic. We were able to move our staff and operations fully remotely without impacting our deliverables. The Climate Group North America continued its work with businesses and subnational governments through our tried-and-true peer-learning model and our globally renowned summits, all of which were held online without sacrificing quality or depth of engagement. Under2 The Under2 Coalition has continued to drive increased ambition and action from state and regional governments on climate change, even during this unprecedented year. The Under2 Coalition hosted over 30 virtual events, meetings, and webinars, leveraging our experience in virtual convenings to create value and foster participation, with four focused solely on our U.S. members. We launched a new project on reducing methane emissions from oil and gas and created a Finance Leaders Forum (FLF) for states and regions to share best practices for aligning their financial and fiscal policy with their climate targets. The FLF included six members from Canada and the U.S. The Methane Project engaged directly with four U.S. states, California, Massachusetts, Pennsylvania, and Colorado (non-Under2), with findings published in the "Reducing Methane Emissions from Oil and Gas Operations: State and Regional Solutions" guide. Over 75 subnational governments, including 6 U.S. states and 3 Canadian provinces, disclosed their emissions inventories and climate targets and actions through our Annual Disclosure process. Business Actions the Climate Group's EV100 continues to grow, both in terms of the sheer number of members and its influence on a national and global scale. The EV100 initiative had 68 company members globally as of June 30, 2019. The Climate Group's second annual EV100 Progress and Insights Report demonstrated that corporate and leasing fleet commitments will see the roll-out of more than 2.5 million zero-emission vehicles by 2030 - saving 42 million metric tons CO2e, the equivalent annual emissions of 11 coal power plants. Companies are making substantial progress toward their goals and have already rolled out more than 80,000 EVs and approximately 10,000 charge points for employees and customers. However, the report also shows that a lack of EV supply is the biggest barrier to faster progress for 79% of EV100 members - up by a third from last year. Notable new EV100 members with a main headquarters in North American include, Genentech, VMware (RE100 member as well, Goldman Sachs (Triple joiner), Lime, Biogen (RE100 member as well), and Lyft (RE100 member as well). Lyft's commitment is the biggest vehicle commitment in EV100. Lyft has committed to reaching 100% electric vehicles on the Lyft platform by 2030 and expects there to be more than an estimated 2 million electric vehicles that will be used on the platform over the next 10 years. RE100 membership continues to rise and now stands at 241 corporate members, an increase of 36% over the previous fiscal year. Of those members, 152 submitted country-level data to RE100, with 100 of them reporting a footprint in the US, for a total of over 35 TWh of annual electricity demand in this market. Overall, those 100 are meeting 62% of their US demand with renewable electricity, including 38 members who reported accounting for 100% of their US electricity needs with renewables. This is a huge success and shows true leadership in a market where renewables represented only 11% of overall electricity consumption in 2019. These 38 members, who are powering 100% of their electricity needs in the US with renewables, hail from a diverse cross-section of industries. Together, they represent a total of over 12 TWh of consumption - more than the electricity used by the entire state of Maine in 2019.By 2030, three quarters of RE100 members should be running on 100% renewables. Working on these issues in parallel with energy efficiency measures is crucial to cut down emissions globally. 142 members are also setting science-based targets (SBTs) to reduce GHG emissions. As of June 30, 2019, the Climate Group's global EP100 initiative, delivered in partnership with the Alliance to Save Energy, brings together 68 leading companies, a 78% increase over membership at the close of the previous fiscal year. Moreover, on average, members are 62% of the way toward their EP100 goal and per our EP100 Progress and Insights Report, they are reporting a 6.2% average annual improvement in energy productivity-twice the pace recommended by the United Nations. 3 in 4 members are also ahead of schedule for reach 100% energy productivity. In terms of carbon savings, to date, members have avoided releasing 328 million metric tons of CO2e into the atmosphere-more than France's annual emissions. And in the past year alone, members have curbed the release of 57 million metric tons of CO2e-equivalent to taking over 12 million cards off the road for a year. EP100 members demonstrate that energy productivity is also good business, with $200 million combined cost savings annually. Climate Week NYC The 2019 iteration of Climate Week was particularly influential, held alongside the UN Secretary-General's Climate Action Summit on Monday, September 23. Helen Clarkson, Climate Group CEO, made the bold announcement that this is the start of the Climate Decade, with 10 years to go until the universally accepted deadline of 2030, the "point of no return" for our climate to get back to pre-industrial levels before permanent damage is done. To align with the UN Climate Summit's focus areas, The Climate Group created 11 programs to sort the over-350 official Climate Week NYC events. The Climate Group itself ran over 25 of those events, including the Opening Ceremony, the Hub, and the VIP Dinner. With 23 events taking place across both days, The Hub at Climate Week NYC hosted over 1,000 delegates including 300 speakers and teams, 100 senior business and governments figures, and four national Ministers.

---

---

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202111379349303146_public.xml