Nette Need: Why 97% of executives bet on renewables

A new new survey has revealed that business leaders are not only about renewable energy, they are ready to participate. In a survey of 1,500 executives from 15 countries, 97% emphatic expressed their support for the transition away from fossil fuels to clean energy. In addition, more than half (52%) said they are willing to move the operations if their country does not provide net energy access.

It measureDirected by Savanta for NGOs in the United Kingdom E3G, beyond fossil fuels, and we mean that business coalition indicates that companies now see that renewable energy is critical of their survival, with executives who cite energy security, economic growth and competitive advantage as key engines. Among the respondents, 77% considered renewables a key to economic growth, while 75% saw that clean energy was fundamental in job creation. Globally, 75% of the executives linked renewables with stronger energy independence, a particularly strong feeling in Germany, where 78% of business leaders said they saw renewable energy such as their volatile energy import ticket.

Explaining the results, Stuart Lemmon, head of global practices, sustainability, to the signing of electrical equipment Schneider ElectricHe said: “Companies that adopt renewable energy today are positioned to be successful tomorrow: leading greater competitiveness, accelerating innovation and unlocking long -term cost savings. Renewable energy is not merely a good practice of sustainability; it is an essential strategy for companies committed to growth, resilience and long -term success.”

The survey also revealed the urgency with which executives see the transition to renewables: 78% want their companies to go on 100% green for the next decade. Many of these companies do not expect national networks to be updated: a notable 93% of the polls seeks to invest in renewable energy generation, with exactly half (50%) planning it within five years.

“It is no longer distant climate goals,” says Nick Mabey, CEO of E3G. “This is an immediate business survival and competitive advantage.”

Overwhelming business support for renewable energy demonstrates an impressive disconnection between corporate priorities and recent federal policy changes in the United States. Despite the movements of the Trump administration to reduce renewable energy incentives and environmental regulations, North -American business leaders remain firmly committed to the green transition, with 65% of North -Americans who favor direct change to renewables. Globally, 63% of the leaders surveyed said that they thought governments should prioritize investments in green energy generation over fossil fuels.

“The displacement of fossil fuels is no longer a debate, but is an economic reality driven by companies that recognize clean energy as a basis for long -term competitive advantage, the creation of jobs and the stability of the energy price,” said Maria Mendiluce, CEO of the Man Mean Business Coalition, which represents both large corporations and NGOs. “Business leaders invest in renewable and would like to do more. They need governments to accelerate the planning and elimination of allowed delays for energy, storage and renewable energy.”

At this point, the survey also revealed key findings on the challenges of energy transition, with business leaders identifying a series of common practical barriers. The most frequently cited of these were the anticipated costs associated with moving from fossil -based energy systems to renewables, at 46%. More than two thirds of respondents (38%) also cited insufficient electricity infrastructure as a reason for concern. In the meantime, a third thought that the lack of government funding for renewables was causing difficulties when it was seen at the country.

In addition to their importance within the business community, findings are notable in a broader social context. Last year, a global survey of 130,000 people revealed that 89% of people demand stronger political actions, but many people underestimate the high level of support of others. The authors of the work, published in the magazine NatureHe found that this “gap of perception” had an obstacle to the most radical climate action. Far from being a minority concern, researchers concluded: “The vast majority of people around the world are ready to act against climate change and wait for their national government to act.”

This story originally presented to Fortune.com