Energy / Renewable Energy

How corporations ‘bypassed the politics’ to lead on clean energy in 2017

From mega wind purchases to rooftop solar arrays to electric truck orders, companies of all sizes are stepping up to act on climate

WASHINGTON, DC — “When President Trump announced plans to withdraw from the Paris climate accord attention quickly turned to corporate America. Would business leaders forge ahead in the fight against climate change in the absence of federal backing?

In 2017, at least, the answer is yes.

As of December 12, when heads of state joined to commemorate the second anniversary of the Paris Agreement, 327 major corporations, worth a cumulative $6.5 trillion, had committed to matching their emission reduction plans with the Paris goals through the Science Based Targets initiative. Another 864 companies have stated their intention to adopt a science-based target within two years.

These companies hail from some 50 countries and 70 sectors, including finance, chemicals, food processing, technology hardware and more. Companies headquartered in the U.S. make up 20 percent of the group and have made the greatest number of climate commitments to date, despite uncertainty surrounding the American government’s participation in the Paris accord.”

— Julia Pyper, GreenTech Media

link to full story