A new report issued by Calvert Investments, Ceres and the World Wildlife Fund shows that most of the world's largest companies are instituting renewable energy or greenhouse gas (GHG) reduction targets. According to the report, 96 of the 173 companies in the Fortune 100 and Global 100 have set greenhouse gas reduction goals. Additionally, 23 of those companies have also set specific goals for renewable energy use. The report also shows that many companies are shifting away from short-term renewable energy certificate purchases toward long-term strategies using renewable power purchase agreements and investment in on-site renewable generation to fulfill GHG and renewable energy targets.
News Release -
Majority of World's Largest Companies Shifting to Clean Energy
Additional Information -
Power Forward: Why the World's Largest Companies Are Investing in Renewable Energy