Companies, especially those with consumer-facing brands, have become increasingly concerned about the reputational, operational and legal risks posed by deforestation. So some are seeking out ways to root it out of their supply chains.
More and more companies are setting science-based emissions-reduction targets. These targets represent a company’s share of the global carbon budget, the amount of carbon the world can collectively emit while hoping to limit global temperature rise to 2 degrees C.
Water scarcity challenges industries around the world. Global population growth and economic development suggest a future of increased demand, competition, and cost for limited freshwater supplies. Scarcer water, in turn, creates new challenges for energy supply because coal, oil, gas, and...
This bubble chart shows the water and energy intensity of various industries. The bubble size is proportional to revenue (2013 figures). Source: Bloomberg Terminal (accessed summer 2015).
WRI President and CEO Andrew Steer revealed 2016's top stories to watch when it comes to the environment, economy and sustainability.
The landmark Paris Agreement adopted at COP21 was made possible, in part, by the business community. Governments around the world needed to know, and be able to show, that business supported an ambitious approach to tackle climate change.
Large, private sector energy customers wanting to buy more renewable energy are already driving change in electricity markets by scaling up clean power delivered through the grid. More renewables in countries’ power grids will accelerate progress toward emissions-reduction targets put forth in Paris.
If successful, the new international climate agreement forged in Paris will send strong signals to financial markets—and therefore to businesses and investors—about the direction of energy for the foreseeable future.
Even before the new international climate agreement is finalized, COP21 has accomplished a lot when it comes to cities, clean energy, business and more.