A new report indicates that the pressure for companies to reduce their carbon footprint is primarily driven by their own corporate boards rather than external factors like customers and regulators. The survey conducted by law firm Ashurst reveals that three-quarters of business leaders in the Group of 20 nations attribute the push for renewable energy investment to their own boards, with a significant increase noted from the previous year. As companies increasingly commit to net-zero targets, solar emerges as a favored method for decarbonization, with the majority of energy-sector respondents viewing renewable investment as crucial for strategic growth. However, legal battles over climate change and renewable investing are expected to escalate, highlighting the need for clarity and consistency in managing net-zero commitments.

https://www.wsj.com/articles/companies-say-push-to-decarbonize-comesfrom-their-own-boards-b1f4fd0b