Archinect - News 2024-12-22T03:37:47-05:00 https://archinect.com/news/article/137353975/major-international-companies-to-set-targets-to-switch-to-renewable-energy Major international companies to set targets to switch to renewable energy Nicholas Korody 2015-09-23T18:36:00-04:00 >2015-09-28T23:40:44-04:00 <img src="https://archinect.gumlet.io/uploads/d3/d3oq0vypwgutsk58.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Some of the world&rsquo;s most prominent companies are expected to set a long-term target on Wednesday of powering their operations entirely with renewable energy, the latest in a wave of commitments suggesting that corporations are becoming more serious about battling global warming. In addition, backers of a campaign to divest from fossil fuels announced Tuesday that investment managers controlling assets of $2.6 trillion had joined their effort...</p></em><br /><br /><p>The Times article considers this a clear sign that the fossil fuel divestment campaign has "spread far beyond its modest origins on American college campuses."<br><br>On Wednesday, nine major companies are set to join a coalition committed to making the switch to renewable energy, including Johnson &amp; Johnson, Procter &amp; Gamble, Starbucks, Walmart and Goldman Sachs.<br><br>The news comes as Pope Francis is on a <a href="http://www.bbc.com/news/world-us-canada-34337942" rel="nofollow" target="_blank">historic tour</a> of the United States, continuing his appeal for a robust and united effort to mitigate global warming. In November, the leaders of the world's nations will <a href="http://www.cop21.gouv.fr/en" rel="nofollow" target="_blank">meet in Paris</a> to attempt (for yet another time) to create a real and substantial climate agreement.&nbsp;<br><br>&nbsp;</p>