Embracing Collaboration Is Key to Delivering the Low-Carbon World We Need

October 23, 2020 EcoVadis ‏‏‎


A recent collaboration between Shell Energy and Wells Fargo shows how the corporate world has responded to the evolving market — and how using renewable energy just makes good business sense.

The Coronavirus pandemic has provided companies an opportunity to pause and reflect, and to better understand what’s important to stakeholders. In acknowledging the need to put people first, many companies have promised to help build a better future as the world recovers.

Tackling climate change is a central tenet of many post-COVID corporate strategies. More than 1,500 companies have now set targets to reach net-zero greenhouse gas emissions — that’s triple the number that had done so by the end of 2019.

To get there, businesses will need to embrace renewable energy. The good news is that, as the latest Global Renewables Outlook suggests, renewable energy can fuel a more “equitable and resilient world.”


About the Author

EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 160+ countries.

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