Large corporations are often viewed as the enemy of sustainability, and rightfully so. There usually isn’t much room for environmental sensitivity in an organization that exists solely to make money.
Yet some of these capitalistic behemoths are countering the stereotype, according to a Renew Economy blog post.
The World Wildlife Fund recently released a set of principles for the increased use of renewable energy signed by representatives from 12 Fortune 500 companies, including Facebook, General Motors, Procter & Gamble, and Walmart.
The 12 companies have a combined renewable-energy target of 8.4 million megawatt-hours (mWh) through 2020, the equivalent of more than half the energy generated by U.S. solar sources in 2013.
The set of principles backed by each company outlines what they feel is needed from the renewable energy sector to achieve this ambitious goal. The six criteria include access to more procurement options, flexibility of contracts and financing, and greater cooperation from utility providers and regulators.
Some of those companies have already taken steps toward increased renewable-energy uses. Walmart, for example, has installed small wind turbines and solar roofs at some of its stores.
Yet if corporations really want to significantly shrink their carbon footprints, they’ll have to remain committed to that 8.4 million mWh goal in more than principle.