Silicon Valley renewables investment, employees lack CSR awareness and weak deforestation policies for world’s largest companies

Google ahead in Silicon Valley sustainability

FEWER THAN one in three (29%) Silicon Valley companies reports on its sustainability impacts, while around four in 10 (39%) do not have a full-time sustainability manager. The findings are part of an in-depth analysis by the Centre for Sustainability Excellence of social and environmental practices of 100 companies in the tech centre of the US. Only 21% of the companies studied have activities in the six core areas assessed: community, environment, employee, ethics, supply chain and philanthropy. Listed in this top quintile is tech giant Google, which this week announced plans to become 100% reliant on renewable energy within the next 12 months. The iconic Silicon Valley firm is the world’s largest purchaser of renewable energy. It currently has 20 separate agreements with wind and solar power producers, totaling 2.6 gigawatts of renewable energy. The company has committed $2.5bn for renewable projects, which will bring its combined purchasing capacity up to $3.7bn in 2017. Google’s Silicon Valley neighbor, Apple, which doesn’t make it into the top quintile, sources 93% of its energy needs from zero-carbon sources. The electronics firm is currently investing in renewable projects capable of producing 4GW...

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Subscribe to read: CSR Cheat Sheet: 9th December 2016

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