Power Forward 3.0: How the largest companies are capturing business value & addressing climate change
Type: Research Study
Categories: Commercial, Energy Efficiency, Industrial, Commercial, Industrial, Sourcing Renewables
Date Published: 4/25/2017
Primary Topic: Sourcing Renewables
The third edition of this report from Ceres, the World Wildlife Fund, Calvert Research and Management and CDP features breakout case studies on how some of the largest U.S. companies — including Facebook, IBM, Praxair and Target — are steadily increasing their clean energy and energy efficiency efforts while improving their bottom lines.
The growing trend among Fortune 500s is having an important role in the decarbonization of the U.S. electric power sector in recent years. According to the report, nearly half of the companies in the 2016 Fortune 500 have set targets to reduce greenhouse gases , improve energy efficiency, and/or increase renewable energy sourcing up five percentage points from the last report in 2014. Meanwhile, businesses are reaping bigger and bigger cost savings from energy efficiency projects they have implemented to meet their targets, with 190 companies collectively reporting $3.7 billion in annual savings.
Download the full 86-page report below, or visit the websites of Ceres, WWF, Calvert Research and Management or CDP or learn more.
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