2020 was the year that Australian businesses got serious about accelerating the transition to renewable energy, according to a report by Greenpeace.
A new report from Greenpeace Australia Pacific shows that cumulatively, Australian businesses are making huge investments in renewable energy. Aussie companies have so far committed to the clean energy equivalent to powering 1.3 million homes.
The report also finds some clear trends in the business renewable energy transition, with the retail industry emerging as the frontrunners with almost double the renewable electricity commitments of any other industry.
Major retailers, including Woolworths, Bunnings and Aldi, that made the biggest moves into the renewables market last year, accounting for 1,146MW of deals struck last year. The telecommunications sector, led by Telstra, was the second largest corporate sector, signing deals with 713MW of new projects.