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Corporate GPM Guide 8: The Business Case for Corporate Use of Renewable Energy in Europe

Summary:
This WRI policy brief gives an overview of the benefits that are motivating businesses in Europe to switch to renewable energy.
Authors:

Craig Hanson, Diana Profir

CONTACTS
Craig Hanson
1 202-729-7624

Overview

What is the business case for companies to use renewable resources to meet their energy needs? The World Resources Institute's experience working with a number of leading corporations indicates that firms are switching to renewable energy to obtain one or more of the following business benefits:
  • Lower or stabilized energy costs. In some situations, using renewable energy can directly lower corporate energy costs or stabilize corporate energy prices.

  • Reduced emissions. Using renewable energy can help companies reduce their emissions of greenhouse gases and other airborne pollutants that pose regulatory and fi nancial risks to firms.

  • Stronger stakeholder relationships. Using renewable energy can strengthen a company's image and relationships with its various stakeholders, including customers, local communities, employees, and shareholders.
Number of Pages:
12
ISBN:
978-1-56973-652-4


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