Arup, E.ON, Heineken, Iberdrola, Siemens AG, TRATON GROUP and Unilever today announce the launch of the Electric Advantage Leadership Alliance, a new group of senior business leaders working to accelerate the shift to electrified economies.
Launched at COP31 in Antalya under We Mean Business Coalition’s Electric Advantage programme, the Alliance brings together companies across the electrification value chain to strengthen the business voice on policies and investment needed to scale electrification.
The launch follows growing calls from businesses for faster government action on electrification. More than 180 companies representing $1.69 trillion in combined annual revenue have backed a business statement coordinated through the Electric Advantage programme calling for faster government action to unlock clean electrification.
Separate global polling of nearly 2,000 senior business leaders across 18 markets found that 90% expect their operations to be largely electrified within a decade, while 72% say government policy is moving too slowly to support the pace of change businesses need.
