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Despite efforts from Washington to sideline action on climate change, a growing number of Fortune 500 companies are taking increasingly ambitious steps to reduce their greenhouse gas (GHG) emissions, procure more renewable energy and reduce their energy bills through energy efficiency, according to a new report released today from World Wildlife Fund (WWF), Ceres, Calvert Research and Management (Calvert) and CDP.

John D. Rockefeller built a vast fortune on oil. Now his heirs are abandoning fossil fuels. The family whose legendary wealth flowed from Standard Oil is planning to announce on Monday that its $860 million philanthropic organization, the Rockefeller Brothers Fund, is joining the divestment movement that began a couple years ago on college campuses.

The report, Power Forward 2.0: How American Companies are Setting Clean Energy Targets and Capturing Greater Business Value, shows that clean energy is becoming mainstream for U.S. corporations - with 60 percent of the Fortune 100 having goals for renewable energy or greenhouse gas reductions. Through these initiatives, the 53 Fortune 100 companies reporting on climate and energy targets have collectively saved $1.1 billion annually and decreased their annual CO2 emissions by approximately 58.3 million metric tons - the equivalent of retiring 15 coal-fired power plants.

The size of McDonald's and its global footprint will drive changes in the food chain as the company moves toward cage-free eggs and local, sustainable ingredients, said CEO Steve Easterbrook. A Fortune reporter goes behind the scenes at farms and production facilities to explore cage-free egg production and what goes in to increasing the supply.

McDonald's purchases 2.5% of all the beef produced in the European Union alone-is a key player in the launch of two sustainable beef pilot programs in the U.S. One will attempt to measure beef sustainability through the entire supply chain in a research initiative conducted by the Noble Foundation. The other is a $4.5 million matching grant program run by a group of researchers to test grazing practices that can lead to a negative carbon impact.

60 percent of surveyed companies believe LEED positively impacts their return on investment (ROI).

Power company Duke Energy plans to build a solar panel farm across 20 acres in Orlando, Florida, near Walt Disney World's Epcot theme park in the shape of Mickey Mouse. 

Volkswagen is making another electric vehicle pledge, this time with promises to bring 80 new electrified vehicles to customers by 2025 and offer customers at least one electrified version of every model across the company by 2030.

Corporations interested in sustainability have become a major driver in the renewable energy industry, said experts at the North American Energy Markets Association meeting in Florida last month. "There is about 15 GW of latent demand for renewables that wants to be built by 2020 in order to meet the targets of Fortune 500 companies that have committed to some degree of renewable energy in their supply portfolios," said Invenergy Vice President of Sales and Marketing Craig Gordon. 3M, Alphabet, Amazon and Microsoft are among the companies seeking power purchase agreements with renewables in the US.

Microbeads are bad news, but fortunately most of us know that by now. There has been growing resistance to the miniscule pieces of plastic, added to personal care products for their ability to exfoliate skin, or sometimes just to look pretty in a see-through bottle. These microbeads, however, wreak environmental havoc as soon as they're washed down the drain. The outcome is described here by campaign group 'Beat the Microbead':

Lesson learned: The power of engaging a supplier or other partner hand-in-hand with an NGO partner is unbelievably impactful. It sends a message to internal and external stakeholders that this is not PR. It is real and sincere. You have to work with NGOs. NGOs are the sustainability thermometer for the consumer. Fortunately, there are lots of good choices for you to make.

Some of the world's biggest companies are seeing waste reduction and energy efficiency as opportunities to help the bottom line. Wal-Mart is changing its sell-by labeling to reduce food waste, while IKEA is running furniture-recycling and clean-energy initiatives to reduce its costs. "We've taken power from a cost to profit center," says IKEA Chief Sustainability Officer Steve Howard.

America's total gasoline consumption could fall by as much as 20% over the next two decades as electric vehicles become more widespread, according to a Wood Mackenzie report. Carbon savings from increased EV use could be offset by increased use of fossil fuels in electricity generation, the report warns.

On Tuesday, Whole Foods WFM -1.91% said that it planned a huge project to cover nearly one-fourth of its stores with solar panels. After construction is complete, Whole Foods says it could be among the top 25 biggest commercial U.S. solar suppliers alongside Walmart WMT -0.08% , Walgreens WBA -0.41% , and Target TGT 0.59% .

Toyota Motor is getting set to defy naysayers once more. This time, Toyota's initiative is the first commercial hydrogen-powered fuel-cell car, which the Japanese automaker said it will sell starting next year.

Philanthropy has long been a common business activity. From local restaurants sponsoring their town's little league team, to Fortune 500 companies with million dollar foundations, companies have found that it's good business sense to give back to the communities in which they operate.

Despite news about Google and Apple investing in clean energy to power their huge data centers, Internet companies' renewable energy efforts are being held back by slow-moving, monopolistic utilities and sclerotic state policies, according to a report by Greenpeace released Tuesday.

Renewable energy and efficiency strategies are saving America's biggest companies well over $1 billion a year, according to a new report from Ceres and the World Wildlife Fund. Led by UPS, the 53 Fortune 100 companies that report carbon reductions saved $1.1 billion annually and slashed their carbon diozide emissions by the equivalent of 15 coal-fired power plants

The companies on the World's Most Admired list are rated based on nine key attributes, including innovativeness, sound financials, value as a long-term investment, and more.

Goldman Sachs has committed to investing $150 billion in clean energy technology by 2025. The bank will focus its spending on wind and solar projects as well as energy-efficiency measures. Kyung-Ah Park, Goldman's head of environmental markets, said more renewable projects would be installed this year than traditional systems, even though the economy is still in the early stages of shifting to clean energy