Earth Day 2022 is focused on accelerating solutions to combat our greatest threat, climate change, and to activate everyone – governments, citizens, and businesses – to do their part.
The theme for Earth Day 2022 is to “Invest in Our Planet” and our team views this day each year as an opportunity to re-commit to our business efforts and remind ourselves why we started RE Royalties in the first place.
We believe we can create a cleaner future faster through innovative finance; this means transforming the way projects get financed, being flexible, and creative in how we help solve our clients’ problems.
At RE Royalties, we want to highlight why Earth Day is important, although our commitment to sustainability is not limited to just this one day – it’s part of our business DNA.
Invest In Our Planet. What Will You Do?
Unless businesses act now, climate change will ever more deeply damage economies, increase scarcity, drain profits and job prospects, and impact us all.
Yet we already know that private sector innovation (with public support) accelerates the kind of rapid change we need, like nothing else.
Studies show a direct correlation between sustainable business practices, share prices, and business performance. Companies who develop strong Environment Social Governance (ESG) standards have better profitability, stronger financials, happier employees, and more resilient stock performance.
Smart companies are discovering that it is no longer a choice between going green and growing long-term profits — sustainability is the path to prosperity. So for both humanitarian and business reasons, it is imperative that companies of all sizes take action and embrace the benefits of a green economy.
When it comes to climate change, money talks. Through regulations, incentives, and public/private partnerships, governments hold the keys to transform and build the green economy. Similar to the industrial and information revolutions, governments must incentivize their citizens, businesses, and institutions to build a resilient future. Ultimately, governments will empower green business practices as not only the ethical option but also the lucrative one.
For example, in the U.S., clean energy jobs provide earnings +25% above the national median wage, and outpace fossil fuel extraction/generation jobs by three-to-one, employing more Americans than middle or elementary school teachers, bankers, farmers, or real estate agents. Yet, we still incentivize technology that is damaging our future growth. Globally, the fossil fuel industry benefits from subsidies of $11 million every single minute and over $5.9 trillion annually (and rising).
Imagine the impact of shifting to policies and partnerships that build a renewable economy.
As individuals, we have the simple yet effective power to make our voices heard through our choices, our civic actions, and our personal interactions. What each of us does, and how we do it, has a huge ripple effect on our ecosystems, and on the pace of corporate and government action.
We have the power to lobby for and support businesses that take active steps to protect our environment through their practices and climate-friendly investments, and fight against those that don’t.
At RE Royalties, Earth Day serves as an important reminder to bring our sustainable business goals into focus internally and externally. We will continue to work with our clients to lighten our environmental footprint globally.
While much work remains to be done, RE Royalties is making progress in responding to key environmental challenges. That’s a result of the sustainability journey we embarked on when the company was founded, which commits us to continually improve our environmental, social and economic performance.
At RE Royalties, we are committed to delivering key sustainability initiatives that are at the heart of our business. We take every Earth Day as an opportunity to bring together our staff, Board of Directors, clients and shareholders to deliver projects that foster environmental leadership.
With climate change a pressing issue globally, RE Royalties has become an important source of capital for renewable energy projects. In 2016, RE Royalties officially launched as the first company to take the royalty-financing model, well proven in other industries, and apply it to the renewable energy sector.
RE Royalties is a publicly traded company on the TSX Venture Exchange under the symbol “RE” and on the OTCQX Best Market under the symbol, RROYF.