Climate Change Action Demanded by New Business Group

Climate Change Action Demanded by New Business Group

Yet another coalition of global Fortune 500 companies has been formed to urge government action on climate change. Affirming that climate change  “is a major threat to the U.S. economy,” the CEO Climate Dialogue calls on Congress and the Trump administration to enact a federal policy “as soon as possible to protect against the worst impacts.” The consortium has published six guiding principles for a market-based approach that it proposes as an outline for an effective federal policy. The 13 companies signed up to the new association are Dupont, Dow, Shell, BP, Dominion Energy, Ford, Unilever, Citi, BASF, DTE Energy, Exelon, LafargeHolcim, and PG&E. Four activist groups have joined as partners: the Environmental Defense Fund, the Center for Climate and Energy Solutions, World Resources Institute, and the Nature Conservancy.

CEO Climate Dialogue joins several other substantial, executive-led consortiums which are taking collective action to address climate change.

• We Are Still In includes 2,187 businesses and investors who have joined together to declare their continuing support for climate action to meet the terms of the Paris Agreement.
• The World Business Council for Sustainable Development, a CEO-led association of 200 multinational companies from all business sectors, supports collaborative efforts “to accelerate the transition to a sustainable world.” Its roster of member firms represents a combined revenue of more than $8.5 trillion and 19 million employees.
• Climate Action 100 includes 320 investors with $33 trillion in assets under management who engage with a “focus list” of 160 companies to improve governance, curb emissions, and strengthen climate-related financial disclosures.

These and other business groups are taking a leadership stand in addressing climate change. Policy makers: take note.

https://www.3blforum.com/brands-taking-stands-newsletter