According to the 2017 State of Green Business Report authored by GreenBiz Group Inc., companies continue to ratchet up their commitments and achievements on renewable energy, greenhouse gas emissions, sustainable supply chains, water and land stewardship, the circular economy and other aspects of a sustainable enterprise. Technology continued its inexorable march, accelerating sustainability solutions in energy, buildings, transportation, food and just about everywhere else.
However, the report also states that indicators continue to be troubling including global atmospheric concentrations of carbon dioxide and the loss of natural capital. The report further states that the recent U.S. election brings into question the future of future climate action and environmental protection.
The report predicts that the coming year or two in the U.S. may see head-snapping policy shifts as the public and private sector grapple with two seemingly unstoppable forces: the political momentum of an increasingly nationalist and protectionist world, and the wrath of a changing climate on a civilization ill-prepared to cope.
On the brighter side, the report states that corporate innovation, boosted by technology’s rampant pace, is enabling radical new levels of efficiency in materials, energy, water and other resources. The Internet of Things — the interconnected world of tens of billions of objects that can talk to one another, and to us, and make real-time optimization decisions — is enabling buildings, vehicles, power grids, factories and many other things to do far more with fewer resources. Cities and regions are accelerating their quest to become greener and more resilient, luring corporations to relocate there amid transit hubs and culture centers.