Bloomberg reporter Josh Petri writes that, in the light of global warming, major companies around the world are stepping up to lower their carbon footprints and expand sustainable business initiatives.
Companies that are serious about combatting climate crisis should focus on sustainable operations, energy efficiency, and renewables. Petri identifies some “encouraging signs” that even the fossil fuel and travel industries are taking these concerns seriously: many airlines are working to reduce emissions, and the cost of using solar power is dropping. Meanwhile, ESG investing is becoming more and more profitable, providing support for businesses that provide these solutions.
Read the full story: Companies Rush to Burnish Their Green Credentials: Week in Green