As we move through the 21st century, it is clear that companies must address changes in consumer expectations around social responsibility. In addition to institutional and activist investor pressure, almost two-thirds of Millennials consider Environmental, Social and Governance (ESG) issues when making investment decisions, according to Allianz Life, while 54 percent of Gen Xers and 42 percent of Baby Boomers do the same.
Taking innovative measures that lead to lower costs opens up several ESG opportunities across sectors. These positions are set to make profound transformations that some of the largest companies in the U.S. are already reaching for.
Recently, Uber committed to transitioning hundreds of thousands of drivers to electric vehicles through the company’s Green Future program by 2025. By 2030, it aims to become a zero-emission mobility platform in the U.S., Europe, and Canada. By 2040, Uber plans to expand this commitment globally by having all rides in zero-emission vehicles or through micro-mobility and public transportation.
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