josef knecht via panoramio
Such figures are given in the latest report Clean 200. It is the list of 200 largest world companies, which receive significant profits from clean energy. For the first full year and a half of work (as of September 2017), their total revenue was 32.1%. This is almost 2 times more than 15.7% of companies engaged in fossil fuels, estimated by the World Energy Index S&P (1200 Global Energy Index).
The energy sector organizations received the largest revenues, according to the group of protection of shareholders As You Sow and the analytical firm Corporate Knights, who conducted the assessment.
"Markets continue to show that the new energy economy is not only growing, but also ahead of fossil fuels," said Andrew Behar, director of As You Sow and co-author of the report. - We live in the period of the "Great Transition", and the flow of capital contributes to the prevention of a climatic catastrophe."
The first 10 positions of the index are occupied by well-known enterprises, like Siemens, Toyota, Bombardier and Emerson Electric Co. The market capitalization of the last companies from 29 countries that joined Clean200 is $ 9.4 billion. Annually, their income from net energy exceeds $ 363 billion.
More than a third of the companies on the list (68) are based in China. The second place is occupied by the USA with 35 enterprises. Japan with 21 companies was on the third place. The number of large firms engaged in clean energy in other countries ranked in the top ten rating does not exceed 10.
"The world has changed a lot since the release of our first report in 2016. Key investors joined the campaign to abandon fossil fuels in favor of renewable sources, the document says. "Fears about negative changes for the sector in the political climate of the United States have not been realized."
The main impact on the situation was the position of large investors. Thus, the World Bank has promised to stop lending to oil and gas projects in developing countries after 2019. Swiss Re, the world's second-largest assignee, switched its entire portfolio of liquid assets of $ 130 billion to ethical indices associated with low-carbon energy.
source: asyousow.org
The energy sector organizations received the largest revenues, according to the group of protection of shareholders As You Sow and the analytical firm Corporate Knights, who conducted the assessment.
"Markets continue to show that the new energy economy is not only growing, but also ahead of fossil fuels," said Andrew Behar, director of As You Sow and co-author of the report. - We live in the period of the "Great Transition", and the flow of capital contributes to the prevention of a climatic catastrophe."
The first 10 positions of the index are occupied by well-known enterprises, like Siemens, Toyota, Bombardier and Emerson Electric Co. The market capitalization of the last companies from 29 countries that joined Clean200 is $ 9.4 billion. Annually, their income from net energy exceeds $ 363 billion.
More than a third of the companies on the list (68) are based in China. The second place is occupied by the USA with 35 enterprises. Japan with 21 companies was on the third place. The number of large firms engaged in clean energy in other countries ranked in the top ten rating does not exceed 10.
"The world has changed a lot since the release of our first report in 2016. Key investors joined the campaign to abandon fossil fuels in favor of renewable sources, the document says. "Fears about negative changes for the sector in the political climate of the United States have not been realized."
The main impact on the situation was the position of large investors. Thus, the World Bank has promised to stop lending to oil and gas projects in developing countries after 2019. Swiss Re, the world's second-largest assignee, switched its entire portfolio of liquid assets of $ 130 billion to ethical indices associated with low-carbon energy.
source: asyousow.org
