Renewable energy is more than a strong statement about social responsibility, it can also drive real bottom line benefits. But to be successful, organizations need to team with a strategic partner that can help them maximize the benefits of solar in innovative ways. Beyond energy and OPEX savings, companies that invest in Corporate Social Responsibility (CSR) have realized higher stock prices, greater public satisfaction, and more engaged employees.
Why renewable energy for businesses?
Drive Customer Loyalty
At a customer level, there is real power behind being perceived as a good corporate citizen. Recent research finds that two-thirds of the population will choose products from sustainable sources over other conventional products, and that these buyers have personally changed their behavior to minimize their impact on global climate change.
Improve Employee Retention and Commitment
Not only will your customers take notice of your decision to go solar, but your employees will as well. Promoting your CSR activities can increase employee retention and help attract the best talent.
Attract Investment Dollars
Institutional investors are an attractive source of capital for corporations, and these investors prefer to make investments in companies with stronger CSR profiles. Businesses can lower risk through built-up moral capital by adopting renewable energy.