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Article

2 Jan 2018

Author:
Andrew Winston, Harvard Business Review (USA)

Climate action, advances in clean tech & public stance by CEOs on social issues among top sustainable business stories in 2017

"The Top 10 Sustainable Business Stories of 2017", 22 Dec 2017

...[T]he Newtonian equal-and-opposite reaction from business, states, and cities was nothing short of amazing...Here's more on that, plus nine additional developments business leaders need to pay attention to...

1. U.S. leaders from the public and private sectors rejected Trump's decision on the Paris accord and committed to climate action...

4. Investors worke up about climate risk and benefits of sustainability...

5. China accelerated its clean tech advantage...China announced it would spend $360 billion on renewable energy by 2020. The rest of the year brought even more leadership: China cancelled 103 coal plants, committed to cut coal by 30%, made big moves in electric vehicles (see #9, below), erected the world’s largest land-based and floating solar farms...

6. Clean tech continued its relentless march (and coal continued to die)...[S]ome large economies...committed to ban diesel and gas vehicles. Automakers moved quickly as well...The economics of batteries...continued to get much better—50% cheaper since 2014...

7. Famous CEOS took moral stands...

8. Companies went to court...Tech companies big and small filed an “amicus brief” to fight the president’s first executive order on immigration...[also refers to Apple, Audi, BCG, BlackRock, Budweiser, Coca-Cola, Disney, 84 Lumber, ExxonMobil, Facebook, Ford, General Mills, GM, Google, HPE, IBM, Ingersoll Rand, Intel, Kraft Heinz, Merck, Morgan Stanley, Microsoft, Moody's, Nestle, Occidental Petroleum, Panera, Patagonia, Pepsi, PG&E, Procter & Gamble, Target, Tesla, 3G Capital, 3M, Tiffany, Unilever, Vanguard, Volvo & Walmart]