Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
David Vetter

Clean business: Why 97% of executives are betting big on renewables

(Credit: Jim West/UCG/Universal Images Group via Getty Images)

A major new survey has revealed that business leaders aren't just talking about renewable energy—they're ready to stake their future on it. In a poll of 1,500 executives across 15 countries, an emphatic 97% expressed support for the transition away from fossil fuels to clean energy. Further, more than half (52%) said they are prepared to relocate operations if their country doesn’t deliver clean energy access.

The survey, conducted by Savanta for U.K. NGOs E3G, Beyond Fossil Fuels and, We Mean Business Coalition, indicates that firms now see renewable energy as critical to their survival, with executives citing energy security, economic growth and competitive advantage as key drivers. Among those surveyed, 77% regarded renewables as a key to economic growth, while 75% saw clean energy as instrumental in job creation. Globally, 75% of executives linked renewables to stronger energy independence—a sentiment particularly strong in Germany, where 78% of business leaders said they saw renewable energy as their ticket out of volatile energy imports.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.