World’s Largest Companies are Investing in Renewable Energy

Based on interviews with executives and analysis of public disclosure documents, Power Forward: Why the World’s Largest Companies are Investing in Renewable Energy states that clean energy practices are becoming standard procedures for some of the largest and most profitable companies in the world, including AT&T, DuPont, General Motors, HP, Sprint, and Walmart. 96 companies from the combined 173 companies in the Fortune 100 and Global 100 have set formal renewable energy commitments, and/or greenhouse gas (GHG) emissions reduction commitments. Barriers and challenges to the use of renewable energy are identified, and the report offers several recommendations for policymakers, including promoting tax credits or other incentives for renewable energy, removing policy hurdles, and market-based solutions that put a price on the pollution from conventional energy generation. The report was released in early December 2012 by Calvert Investments, Ceres and World Wildlife Fund (WWF).

 

 

LINK:

Power Forward: Why the World’s Largest Companies are Investing in Renewable Energy is available at: http://www.ceres.org/press/press-releases/majority-of-world2019s-largest-companies-shifting-to-clean-energy

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