These companies encourage (and often profit from) new technologies that support the transition from carbon dependence to more sustainable alternatives.
[3] The Global Climate Prosperity Scoreboard – launched by Ethical Markets Media and The Climate Prosperity Alliance to monitor private investments in green companies – estimated that over $1.248 trillion has been invested in solar, wind, geothermal, ocean/hydro and other green sectors since 2007.
This number represents investments from North America, China, India, and Brazil, as well at other developing countries.
Renewable energy refers to both solar, wind, tidal current, wave and conventional hydro technology.
This group includes companies that use or supply biological resources (like algae, corn or waster wood) to create energy or fuel.
Sustainalytics and RepRisk are two examples of firms now collecting, compiling and publishing lists and scorecards of environmental and other risks.