When President Trump announced his plans to withdraw from the Paris Agreement in 2017, businesses spoke out en masse in opposition to this plan – conveying that long-term, global competitiveness demands climate action. Soon after, the We Are Still In Coalition was born to showcase widespread commitment to the Paris Accord.
This week, as the Trump administration cedes global leadership on climate by formally withdrawing from the Paris Agreement, We Are Still In membership now stands at more than 2,200 businesses and investors – including big names like Walmart, Hewlett Packard, Dropbox, and Apple.
Continued commitment to the Paris Accord is critical – but it’s also only one part of what is needed to fill the climate leadership void, build the clean energy economy, and remain “in.”
One focus area at this week’s UNClimate Action Summit is Energy Transition, where one of the expected outcomes is bold new “commitments from the IT sector (individually or collectively) on energy efficiency and the leveraging of technology.”
I’m excited to see what new commitments and momentum arise from Climate Week because emerging technologies like sensors, analytics, and AI can play an important role in the transition to a 100% clean economy – which means that by 2050, we can’t produce any more climate pollution than we can pull out of the air. Getting there will involve shifting our entire economy – power plants, transportation, factories, and more – as well as developing and deploying new technology that can make 100% clean a reality.
The good news for businesses is that investing in and developing cutting-edge technologies also boosts the bottom line. Read more
It is a political reality that Corporate America has tremendous influence in Congress – and many companies have used this power to oppose environmental regulations and strong action on climate change. But the activities of the past two months suggest this is starting to change, which is great news given the urgency of the climate crisis. Dozens of leading businesses are finally making climate action the priority it should be, and urging Congress to enact national policies addressing the issue head-on. If this trend continues and accelerates, it will play a huge role in creating the breakthrough moment when lawmakers see ambitious climate action as not only a scientific mandate but a political necessity. Read more
You may not be thinking about the environment when you’re opening your yogurt container or adding almond milk to your morning coffee. But for Danone North America, the company behind these and dozens of other dairy and specialty food products, sustainability is top of mind. “At Danone, we believe that each time we eat and drink, we can vote for the world we want,” the company’s website notes.
Just today, Danone North America announced that its Bridgeton, New Jersey facility achieved one of its zero waste goals, keeping more than 40 tons of waste out of the landfill this year alone.
After a decade-long dry spell, Corporate America’s call for climate action is back.
Despite the Trump Administration’s continued denial, leading companies are finally giving climate change the attention it deserves and urging Congress to do the same.
Years from now, we’ll look back at May 2019 as a breakthrough moment, when business engagement in climate policy gathered strength and became an unstoppable movement. This month alone, companies across sectors including oil and gas, electric power, consumer goods and food have joined the CEO Climate Dialogue, invested in the Americans for Carbon Dividends initiative, and advocated on the Hill to put a price on carbon.
As Axios’ Amy Harder notes, “Several years-long trends are driving corporations to ask for government policy — but it’s not really about saving the planet. It’s about investor and legal pressure, falling prices for renewable energy, new bounties of cleaner-burning natural gas and growing public concern about a warming planet’s impacts.”
Whatever the reasons companies are stepping up to the plate on climate policy advocacy, pressure from investors is one trend that is here to stay.
Corporate America is setting – and meeting – increasingly ambitious climate and clean energy goals. But the hard reality is that individual corporate action, no matter how big, won’t solve this great climate crisis.
In order to avoid the worst impacts of climate change, we need public policies that harness the power of the whole economy to drive down emissions by putting prices and limits on climate pollution.
Businesses that are sincerely interested in protecting our health, economy and future from the ravages of climate change must join this national public policy discussion. We need companies to lead, not follow, Congress.
That’s why it’s big news that 13 major companies have now joined four nonprofit organizations, including Environmental Defense Fund, to form the core of a new effort to push for climate policy. The CEO Climate Dialogue initiative involves major food brands, powerful utilities, and one of the nation’s leading car companies. Our goal is to turn the power of the marketplace towards addressing this crisis. Read more
For the first time since 2010, a Republican has introduced a climate bill. Business leaders are welcoming its market-based approach to fighting climate change.
Yesterday, 34 U.S. businesses sent a public letter thanking Rep. Carlos Curbelo (R-FL 26thDistrict) for introducing the MARKET CHOICE Act (H.R. 6463), a bill to fund infrastructure investment while cutting climate pollution. Companies that signed the letter include BP America, Campbell Soup Company, The Dow Chemical Company, DuPont, General Motors, Ingersoll Rand, Lyft, Inc., IKEA North America Services, LLC, National Grid, PG&E Corporation and Shell. The Sustainable Food Policy Alliance, which includes Danone, Mars, Nestle USA and Unilever also sent its own letter of support.
Why are these companies publicly thanking Rep. Curbelo and his cosponsors? Here are four takeaways for companies of all sizes.
Many companies set goals to achieve zero net deforestation by the year 2020. That date may have seemed like a long way off when they were planning, but with now less than 20 months to go, it’s not surprising that companies and NGOs are looking for ways to drive forward progress, faster.
That’s also why the Tropical Forest Alliance 2020 (TFA) is meeting in Ghana this week. The TFA is a group of governments, NGOs, and private sector actors committed to making the 2020 goals a reality. One of the things they’ll surely be discussing is the recent field trip that Environmental Defense Fund (EDF) organized to a cattle ranch in Brazil (as part of TFA’s Latin America convening in March).
If you are on a corporate sustainability team that is racing to meet those 2020 goals, you’ll be interested in the three, big takeaways from the trip:
Last week hundreds of representatives from global companies and leading NGOs met in Bentonville, AR for Walmart’s annual Sustainability Milestone Summit. The theme of the meeting was Project Gigaton, the most ambitious and collaborative effort ever to reduce a billion tons of emissions from the global supply chain over the next 15 years. At the meeting Walmart announced 20 million metric tons of greenhouse gas emissions reductions from suppliers, and noted that 400 suppliers with operations in more than 30 countries have now joined Project Gigaton by setting ambitious climate targets.
One powerful theme that emerged from the meeting was the importance of technology. Project Gigaton is inspiring targets that raise our ambition, but increasingly technology is how we will deliver on these commitments and measure progress.
A new EDF survey of more than 500 executives confirms that game changing technology innovations are empowering private sector leaders to improve business and environmental performance – and to accelerate sustainability efforts across global supply chains.