The Fortune 100 and Renewable Energy

Good report from the WWF, Ceres and Calvert Investment - - Power Forward: Why the World's Largest Companies are Investing in Renewable Energy (Link to the report.)  This is from the Executive Summary:

  

More than half of the Fortune 100 and more than two-thirds of the Global 100

have set GHG emissions reduction commitments, renewable energy commitments

or both. As corporations turn to renewable energy to reduce GHG emissions and

meet specific sourcing goals, companies are driving significant new investments

in renewable energy. Though these pockets of activity are encouraging, with

the proper policies, companies could set even stronger renewable energy

commitments.

 

Among the combined Fortune 100 and Global 100 companies, nearly two dozen

have set public, voluntary renewable energy commitments. These include globally

recognized brands like AT&T, Dow Chemical, General Motors, Google, HSBC,

Procter & Gamble, Volkswagen and Walmart.  

Global corporate renewable energy commitments are driving global purchasing.
For many of the Fortune 100 and Global 100 firms, action on renewable
energy is not limited to regional or national levels; it is planned across a global

scale. In order to meet their renewable energy targets, companies are developing

comprehensive purchasing strategies in every market where they have a

significant presence—often in countries core to their supply chains.

 

Looking at corporate targets by sector, in the Fortune 100, the Materials and

Telecommunications sectors have the highest share of companies who have set

both GHG and renewable energy commitments. The Industrials and Financial

sectors have the highest share of companies that have set GHG targets only.

The Energy sector, followed by Health Care, lags in setting either a GHG or

renewable energy target (see chart, opposite top).