SDG 7: Affordable and clean energy
Between 2000 and 2018, the number of people with electricity increased from 78 to 90 percent, and the numbers without electricity dipped to 789 million.
Yet as the population continues to grow, so will the demand for cheap energy, and an economy reliant on fossil fuels is creating drastic changes to our climate.
Investing in solar, wind and thermal power, improving energy productivity, and ensuring energy for all is vital if we are to achieve SDG 7 by 2030.
Expanding infrastructure and upgrading technology to provide clean and more efficient energy in all countries will encourage growth and help the environment. (UNDP, 2015)
Companies that are achieving this are:
Industry: Software development / Computer hardware / Consumer electronics / Social networking service / Cloud computing / Video games / Internet / Corporate venture capital
Headquartered in: US
Microsoft is one of the largest players in the corporate procurement of renewable energy (primarily through power purchase agreements (PPAs)) beginning with a 110-megawatt wind project in Texas in 2013 to a portfolio of more than 1.2 gigawatts in six states and three continents.
LG Chem (KRX:051910)
In May 2021, LG Chem Invested 150 billion KRW in Korea battery and ESG funds for promising companies dedicated to electric vehicle parts and ecofriendly plastics. 2. In February 2021, it promoted renewable energy converseion in domestic operations sites by participating in the "Green Premium Program". 3. It aims to bring carbon emissions down to 10 million in 2050, cutting down more than 30 million tons. It will do so by applying renewable energy to all manufacturing sites, improving energy effciency, developing low-carbon products, converting to bio fuel and adopting new technology, such as a carbon capture and utilization(CCU).