Renewable energy technologies gaining ground with businesses

While obtaining financing for green projects such as solar energy installation or wind energy implementation was once seen as a risky business move, more companies are taking the plunge and adding sustainable technologies to their everyday operations. 

According to a new survey by the Carbon Disclosure Project, more than 70 percent of respondents are concerned about the cost implications of climate change, and as a result, 38 percent have set emission reduction goals. Companies are quickly realizing that by obtaining business financing to invest in green energy throughout their supply chains, they can attempt to limit climate change, which has the potential to wreak havoc on carefully planned procurement, production or logistical tactics. 

Swedish furniture company Ikea is one business looking for sustainable alternatives to traditional energy sources. The retailer will increase its investment in sustainable technology to $4 billion by 2020 to help cut corporate expenses, make products more affordable and commit to green energy. Companies like Pepsi and Puma are also slated to increase their green operations and the amount they spend on sustainable measures. But it's not just large corporations that are looking for sustainability - small companies are also looking to green energy solutions.

Obtaining financing to increase sustainability can be a way for business owners to cut costs after the initial investment. However, some entrepreneurs have trouble getting the funding to get their companies off the ground, let alone obtain additional loans for green energy installation. Those business owners struggling to achieve their dreams of running an environmentally friendly and socially responsible corporation may need to look to smaller banks for financing. With fewer of the traditional restrictions and requirements large banks insist upon, small and mid-sized banks can provide entrepreneurs with more opportunities and better solutions to their business needs. 

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

The mobility services landscape has been developing quickly, with ride-hailing...

Venture capital firm Y Combinator, which many call the world's most powerful...

Healthcare has been slower than other industries to adopt digital technologies....

HP Inc., a company that stemmed from the division of Hewlett-Packard, recently...

Valuations in the venture capital (VC) market are either in decline or flattening out, primarily due to inflated...

On April 19, 2016, San Francisco became the first major U.S. city to mandate...

Financial institutions operate at the heart of our economic system and as such, are hyper-aware of market indicators...

As millennials graduate college and move into hip neighborhoods in expensive...

According to CB Insights, the gaming industry has moved through a variety of...

In this modern economy focused on lightening-fast, immediate services, it comes...

Recent News

05/23/16
New Office Located in the Historic Russ Building Expands Bridge Bank’s Offering SAN...
05/04/16
Ruvalcaba Receives 2016 Character Award San Jose, CA – May 4, 2016 – Bridge Bank...
04/28/16
San Jose, CA – April 28, 2016 - Bridge Bank and Trinity Capital Investment, a...
04/01/16
SOUTH SAN FRANCISCO, Calif., April 01, 2016 -- Sunesis Pharmaceuticals, Inc. (Nasdaq...
03/23/16
View the 2015 Western Alliance Annual Report
03/22/16
Following a Record-Breaking Year of Growth, Leading Outsourcing Company Partners...
02/17/16
Durham, NC – Feb 17, 2016 – Bridge Bank today announced the recent hiring...
02/10/16
CARLSBAD, CALIF. -- February 10, 2016 -- Colorescience today announced the...
02/09/16
Los Angeles – February 9, 2016 - Bridge Bank announced today that it has provided...
02/04/16
PHOENIX (Feb. 4, 2016) – Forbes’ assessment of the 100 largest U.S. banks weighed...

Twitter

Featured Insights

Featured Insight

Valuations in the venture capital (VC) market are either in decline or flattening out, primarily due to inflated...

Featured Insight

Financial institutions operate at the heart of our economic system and as such, are hyper-aware of market indicators...

Featured Insight

It all started back in 2000 with the objective to capitalize on the explosive growth in technology and provide a...

Recent News

The mobility services landscape has been developing quickly, with ride-hailing...

Venture capital firm Y Combinator, which many call the world's most powerful...

Healthcare has been slower than other industries to adopt digital technologies....

Twitter