The pressing issue of climate change remains a global environmental issue.
According to the Intergovernmental Panel on Climate Change (IPCC) Report, if the global temperature rises by 1.5°C, humans will face extreme climate risks that could lead to severe heat waves, rising sea levels, and more detrimental storms.
The United Nations state that “in order to prevent warming past 1.5ºC and extreme climate change, we will need to reach net-zero emissions by 2050”, this goal paves the way for technological developments that help protect the environment.
What is Green Technology
Green Tech or Green Technology refers to the science and technology that aims to produce clean energy, reduce negative impacts of greenhouse gases, preserve and occasionally restore the earth’s natural resources. Green Technology plays an important role in recycling, water treatment, air purification, and clean energy.
Today, the interest of several industries in sustainability continues to grow and investors, especially in this millennium, place a huge priority in companies that seek to develop clean and green technologies
Source: Green Tech
Companies Using Green Technology
As of today, here are top 4 companies that are using Green Technology:
- Intel – Intel is the leading company that operates on green energy using wind, solar, hydro and biomass to manufacture their products.
- Google – Google’s shifts to cleaner operations and responsible supply chains. Google continues to be carbon neutral and create products and that help utilize energy.
- Microsoft – Using their own technology, Microsoft lends a hand to companies’ environmental initiatives. Microsoft also announced their data centers construction that will focus on R&D for efficiency and renewable energy.
- Apple – Apple has committed to 100% renewable energy to power its data centers and has influenced most of its suppliers to follow their footsteps. The company has also aimed for a zero waste production to conserve water and reduce carbon emissions.
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Why Invest in Green Technologies?
Climate change has created a significant impact in the global markets and economic growth and now is the best time for investors aiming for financial stability and sustainability. However, it is also important to be aware of the risk of greenwashing and create extensive research to find the best investment opportunity.
Investing in green technology is not only a financially viable option for investors, it is also crucial to the survival of our people and our planet.