Climate Change and Renewable Energy
Climate change poses great threats to the earth, our communities and to the long-term financial success of many businesses. Green Century is working to reduce greenhouse gas emissions, promote clean energy, and increase energy efficiency.
- Lead Issue: Sourcing Renewable Energy
By investing in renewable energy sources such as the sun and wind, we can help curb climate change and address the growing demand for energy. A number of leading companies have already committed to sourcing up to 100% of their energy from renewable energy sources. This year, Green Century is working to increase their use of renewable energy.
- Stopping Tar Sands Operations
As access to traditional oil reserves in the U.S. and other countries declines, major U.S . oil and gas companies are looking to Alberta's oil sands for new energy sources. Dubbed “the most destructive project on Earth” by Canada's Environmental Defense, oil sands development is several times more carbon-intensive than conventional oil recovery projects. After receiving Green Century’s shareholder resolution and engaging in several dialogues, a major oil company put its tar sands operations on hold indefinitely.
Tackling Climate Change
We are also partnering with Ceres and its Investor Network on Climate Risk, a strategic, investor-led initiative, representing 100 investors with about $10 trillion in investment assets, to engage with companies and policy makers to find climate solutions.