Report reveals more companies investing in sustainability

Even though the U.S. federal government has not implemented any sweeping changes in regard to climate change or sustainable energy requirements for businesses, many companies are taking action by creating their own policies that take green energy into account.

More jumping on the sustainability bandwagon
A new report from Calvert Investments, Ceres and World Wildlife Fund revealed that more firms are developing policies that embrace sustainability and make it an important part of a company's growth plan. Many of the organizations taking part are leaders in their fields, and include giant corporations such as AT&T, General Motors, Sprint, Wal-Mart and Hewlett-Packard. While some are getting on board with investing in sustainable practices to increase their standing with consumers, others have found they can do so and still enjoy significant cost savings.

The report found that 56 percent of Fortune 100 and Global 100 companies have set targets to reduce greenhouse gas output, and 13 percent of those organizations are attempting to reach certain goals in regard to renewable energy use.

While a large number of companies are looking to use sustainable energy, many are hoping to make the strategy a part of their future business plans. The report found more businesses are investing in long-term strategies that will advance their sustainability initiatives, rather than working on short-term green projects.

"The world's largest companies are expanding their use of renewable energy because it makes good business sense - they see the value in diversifying their energy supply, mitigating fuel cost, cutting their energy-related emissions, and, in some cases, providing a physical asset with real value for the enterprise," said Bennett Freeman, senior vice president for sustainability research and policy at Calvert. "We strongly encourage all companies to set renewable energy targets and disclose these commitments, which we believe will help companies - and those who invest in them - address clear risks and seize concrete opportunities."

Sustainability a worthy investment
While large organizations are investing in renewable energy technologies, smaller companies can also benefit from such sustainability tactics. Entrepreneurs considering an investment in green energy may need to obtain business financing in order to begin implementing policies that will allow their enterprises to emit fewer greenhouse gases, save on natural gas expenses and generate positive buzz with consumers.

Content presented by Bridge Bank, offering flexible, customized solutions for entrepreneurs.

Getting Started

Find your ideal banker:

Select any filter and click on Apply to see results

Featured Insights

Self-confidence is a valuable trait for any CEO, but it should be blended with a willingness to accept help when it’...

The growth of U.S. exports is a trend that should continue along with a strengthening global economy, says a report...

Banks are increasing commercial real estate (CRE) loans at a rate...

Bizjournals.com reports on Sept 22 that existing home sales fell in August for the first time in four months as...

A new bill signed into law on Sept. 19,...

Every bank is going to tell a prospective client that they can serve their needs, but asking the right questions...

It doesn’t have to be a total loss when the bank turns down your request for a loan to expand your business. When...

Every time another high-profile company like Target falls victim to fraud, both consumers and businesses scramble to...

Investment volume registers above historical quarterly average ($3.8B) at $7.1 billion. The Silicon Valley continues...

Recent News

10/28/14
San Jose, CA – October 28, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
10/16/14
Conference Call and Webcast Scheduled for Thursday, October 16, 2014 at 5:00 p.m....
10/14/14
San Jose, CA – October 14, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
10/02/14
San Jose, CA – October 02, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
10/01/14
Bridge Bank's Holding Company Admitted to the Sandler O'Neill Sm-All Stars Class of...
09/03/14
San Jose, CA – September 3, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
BusinessWire
07/28/14
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (“KBRA”) has assigned senior...
07/24/14
San Jose, CA – July 24, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
07/22/14
Conference Call and Webcast Scheduled for Tuesday, July 22, 2014 at 5:00 p.m....
San Jose Mercury News
06/26/14
The award is a donation from Bridge Bank and Heritage Bank. Mr. Science makes a...

Twitter

Featured Insights

Featured Insight

Self-confidence is a valuable trait for any CEO, but it should be blended with a willingness to accept help when it’...

Featured Insight

The growth of U.S. exports is a trend that should continue along with a strengthening global economy, says a report...

Featured Insight

Bizjournals.com reports on Sept 22 that existing home sales fell in August for the first time in four months as...

Recent News

Banks are increasing commercial real estate (CRE) loans at a rate...

A new bill signed into law on Sept. 19,...

Twitter

  • There is a learning curve when it comes to exporting, but it may ultimately help your business' bottom line: http://t.co/0tFhJViF0q 1 day 1 hour ago
  • RT @Inc 20 Ways to Reward Your Employees Without Spending a Dime http://t.co/5RSFL6RjB1 @LollyDaskal 1 day 4 hours ago
  • It’s not a sign of weakness to admit that your company is having trouble meeting financial obligations: http://t.co/h0YGLuj75n 3 days 1 hour ago