|September 07, 2007|
The Business Case for Corporate Use of Renewable Energy in Europe
|What is the business case for companies to use renewable resources to meet their energy needs? The World Resources Institute's experience working with a number of leading corporations indicates that firms are switching to renewable energy to obtain one or more of the following business benefits:
* Lower or stabilized energy costs. In some situations, using renewable energy can directly lower corporate energy costs or stabilize corporate energy prices.
* Reduced emissions. Using renewable energy can help companies reduce their emissions of greenhouse gases and other airborne pollutants that pose regulatory and financial risks to firms.
* Stronger stakeholder relationships. Using renewable energy can strengthen a company's image and relationships with its various stakeholders, including customers, local communities, employees, and shareholders.
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