The Growing Demand for Renewable Energy Among Major U.S. & Global Manufacturers

Clean energy manufacturer creating solar panels

David Gardiner and Associates released a new white paper last week outlining the growth in demand for clean energy among U.S. and global manufacturers. The study highlights this growing demand, which includes 8 Virginia facilities from five manufacturers that have 100% renewable energy commitments, including: Anheuser-Busch InBev, Nestle, Nike, Unilever, and VF Corporation.  The President and CEO of Anheuser-Busch Joao Castro Neves said, “Helping to grow the renewable energy market is not only good for the environment, it is a strategic business move as we strive for long-term sustainability. Now more than ever, we are excited to lead our company’s global effort toward a renewable future.”

The Growing Demand for Renewable Energy Among Major U.S. and Global Manufacturers—finds that 83% of the largest manufacturing companies with a U.S. footprint have established greenhouse gas reduction targets and 25% of manufacturers have established renewable energy targets. Our analysis also finds that enabling access to renewable energy sources is a critical factor for a state’s attractiveness to these manufacturers and other large buyers of renewable energy. To that end, many manufacturers engage directly in energy policy advocacy in the states where they operate. The report finds that manufacturers lead every other sector in state renewable energy policy advocacy, representing nearly 40% of the corporate outreach to policymakers between 2015-2017.