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Despite the rallying cry of “drill baby, drill” from certain world leaders, captains of industry overwhelmingly believe that the future is renewables not fossil fuels.
That’s according to a global poll of 1,500 business leaders in 15 countries, which found that 97% support the clean energy transition. Not only that, 77% of those surveyed regarded renewables as a key to economic growth, while 75% saw clean energy as instrumental in job creation.
The study by Savanta, a UK-based market research consultancy, also showed that the majority of businesses (52%) are prepared to relocate if their country fails to deliver clear energy access.
“Companies embracing renewable energy today are positioning themselves to succeed tomorrow — driving greater competitiveness, accelerating innovation and unlocking long-term cost savings,” said Stuart Lemmon, global head of sustainability at the electrical equipment firm Schneider Electric.
“Renewable energy isn’t merely good sustainability practice; it’s an essential strategy for businesses committed to growth, resilience and long-term success.”
Image: Artur Zudin