"Global Business Poll: Powering Up: Business perspectives on shifting to renewable electricity across 15 countries" April 2025

"Tipping Point: 97% of executives back a move away from fossil fuels to renewables based electricity system.

In a year where world leaders finalise their next round of national climate plans (NDCs), the message from business is clear – renewable energy is crucial for economic growth, energy security, and long-term competitiveness. The data indicates:

• Competitiveness at stake: 52% of business leaders say they will relocate their operations to markets with better access to renewables-based power systems within five years.
• Energy security is paramount: 75% of executives associate renewables with stronger energy security.
• Economic growth and jobs: 77% link renewables to economic growth, while 75% see them as key to job creation.
• Swift transition from coal: 87% of business executives who want their government to prioritise investment in renewables want them to stop using coal-fired electricity within the next decade.
• No room for new gas: 67% of executives want coal phased out and replaced with renewables, grids and storage – without locking in new gas infrastructure."