An growing number of companies globally have set sustainability targets to address the climate emergency. More than 700 companies are taking action to reduce their carbon footprint, write Caroline Zhu and Jiayin Song of Rocky Mountain Institute, and over 200 companies have publicly made the RE100 commitment to procure 100% of their electricity from renewable energy.
Power purchase agreements for 8.6 GW of clean energy have been signed in 2019 till July—up from 7.2 GW at the same time last year—with USA alone accounting for up to 70% of the deals. India continues to lead the Asia Pacific region despite registering a slowdown in the activity.
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