Back in 2016 some investors were arguing that if investments weren’t made in fossil fuel companies was the only way to go since, without those, there would be nothing left to invest in. This has been proven false, the greener businesses have gotten a lot more investments in recent years, this could be because of public demand or for several other reasons. There is the reason that fossil fuel companies could become stranded assets, so the more investments there are in greener companies, the more other investors are wanting to do the same thing.
- A group of 200 publicly traded carbon clean companies have done much better than their fossil fuel counterparts.
- Carbon Clean 200 was combined by the groups As You Sow and Corporate Knights in July of 2016.
- Greener business practices not only help improve efficiency and reputation, but they also help improve performance.
“Part of the shift is driven by mounting pressure from investors, regulators and the public, as well as concerns that carbon intensive businesses risk becoming stranded assets.”