Despite climate and energy policy inching forward in Congress and at the UN climate change negotiations in Qatar, a new report from Calvert Investments, Ceres and World Wildlife Fund (WWF) shows that most of the world’s largest companies aren’t waiting on governments to embrace renewable energy and lower emissions.
The report, “Power Forward: Why the World’s Largest Companies are Investing in Renewable Energy” shows that a majority of Fortune 100 companies have set a renewable energy commitment, a greenhouse gas (GHG) emissions reduction commitment or both. The trend is even stronger internationally, as more than two-thirds of Fortune’s Global 100 have set the same commitments.
“The companies that are boldly setting either greenhouse gas or renewable energy goals and making progress on those commitments are demonstrating the business case and real leadership on climate change,” said Marty Spitzer, WWF’s Director of US Climate Policy. “And, in the process, these companies are changing the game — driving significant renewable energy investment globally and pressing for the right policy and market conditions that will allow companies to do even more.”
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