US shareholder advocacy non-profit As You Sow and media and research firm Corporate Knights have published the tenth edition of ‘Carbon Clean 200’. The study of 200 publicly listed companies that are world leaders in the transition to clean energy highlighted that these companies have outperformed dirty energy firms by 30% over the past 12 months. The top ten for sustainable revenue featured big tech firms like Apple, Tesla and Alphabet, with the information technology sector accounting for nearly a quarter of 2023 Clean 200 companies’ US$586 billion in sustainable revenue. Clean companies in the utilities and industrials sector also logged US$50 billion each in sustainable investments, the study noted. “In 2016 we created the Clean200 in response to investors saying, ‘if we divest fossil fuels there is nothing to invest in,’” said Andrew Behar, As You Sow’s CEO. “The Clean200 has demonstrated consistently that what we called the ‘clean energy’ future seven years ago is now the clean energy present. This year, the scale and global diversity of leading companies continue to expand and redefine the term cleantech to be any company that has products and services that will reduce demand for fossil fuels and water.”
#Clean200 companies left dirty energy investment returns in the dust!
Join us tomorrow to unpack this year’s global cleanest companies and learn how they outperformed the general market and their peers. https://t.co/Om26i79zg6
— As You Sow (@AsYouSow) February 23, 2023