Meta has abandoned the global RE100 pledge to source all electricity from renewables, confirmed Friday, but states it will continue scaling up renewable investments and maintain its goal of 100 percent clean energy matching.

Meta's withdrawal from the RE100 pledge may affect sentiment toward U.S. tech companies within the XLK universe, particularly those with large data-center footprints facing renewable-energy commitments and environmental reporting pressure. The company remains committed to 100 percent clean energy matching, which could influence investor perception of corporate sustainability execution in the technology hardware, storage, and IT services sub-industries linked to data center power demand.