New York State

Best Buy, Nordstrom Join New York Renewable Push

New York StateNew York State Comptroller Thomas DiNapoli said that Best Buy and Nordstrom have agreed to a request from the New York State Common Retirement Fund that they increase the use of renewable energy in their operations and supply chain.

The agreement of the two Fortune 500 companies  has led DiNapoli to withdraw shareholder proposals he had written that asked companies to provide proposals for increased use of renewables by December. The piece at RealEstateRama says that 78 Fortune that are using renewable resources such as solar, wind, geothermal and others.

“RE100” companies – those calling for eventual use of 100 percent renewable resources – include Johnson & Johnson, Starbucks, Wal-Mart and Goldman Sachs, the piece says.

Last autumn, the CEOs of 68 Fortune 500 companies took the Act on Climate pledge. At that point, 81 companies had agreed to participate.

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