12 January, 2017

Large Corporations Are Driving America’s Renewable Energy Boom. And They’re Just Getting Started

Large corporations aren’t typically thought of as environmental champions. But these companies now stand to be one of the most powerful advocates for clean energy in the U.S. -- both in Washington, D.C. and in states across the country.

A December report by Advanced Energy Economy (AEE) found that 71 of the Fortune 100 companies currently have renewable energy or sustainability targets, up from 60 companies just two years ago. Commitments among Fortune 500 companies have held steady over the past two years at 43 percent, or 215 firms.

Of the Fortune 500 companies, AEE reports that 22 have committed to powering all of their operations with renewable energy, including Wal-Mart and General Motors -- the CEOs of which have been selected to join President-elect Donald Trump’s business advisory council. A total of 83 companies from around the world have now committed to going 100 percent renewable through the RE100 initiative. Google announced in December that it will meet its renewable energy target in 2017.

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