The businesses that are – and are not – leading on climate change

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.”

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Why Disney World is betting on clean energy

“Environmental stewardship and conservation were engrained in The Walt Disney Company from the beginning,” Angie Renner recently told me. Angie is an Environmental Integration Director at Walt Disney World Resort, and today she says the company is investing in new technologies and renewable energy projects that have thus far cut greenhouse gas emissions nearly in half. Why? Because as a Bloomberg story just noted, warmer temperatures are already impacting the “the comfort and health and well being of [the resort’s] customers.”

In other words, climate change is bad for business. But as I’ve seen firsthand, companies that invest in clean energy, engage customers in sustainability efforts and leverage their influence to drive smart policies can turn a downside risk into tangible cost-savings, customer retention and global leadership.

I recently caught up with Angie to learn more about the company’s sustainability initiatives and successes and its efforts to provide environmental education to the hundreds of thousands of guests who visit the iconic Disney resorts each day.

Here is an edited transcript of our conversation.

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Super Bowl ad shows Anheuser-Busch InBev’s global leadership on renewable energy

While Tom Brady was chasing his 6th Super Bowl Victory, something big happened during the game. Budweiser aired an ad celebrating the link between business and sustainability – a message that reached at least an average of 100 million viewers.

The 45 second video combined Budweiser’s brand icons, Dalmatians and Clydesdales, with Bob Dylan’s “Blowin’ in the Wind”, to tout the company’s renewable energy commitments, particularly around wind generation.

For someone who tries to follow sports, but remains “passive” as my husband would put it, this ad won my attention for the night. It was a mixing pot of nature, technology and business that shared a singular, important message – companies are proudly investing in our planet’s future.

The truth is, this ad shared only part of the work Anheuser-Busch InBev, Budweiser’s parent company, is doing to make its global operations more sustainable. I know this because I recently chatted with Jess Newman, Director of U.S. Agronomy at Anheuser-Busch – one of many employees working to meet the company’s sustainability goals.

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Why TD executives are banking on sustainability

Nicole Vadori remembers being in grade school and watching the news about a fire at a tire warehouse with big plumes of black smoke that would inevitably cause environmental damage and thinking at that moment, “how can adults let this happen?”

Today Nicole is associate vice president and head of environment at TD Bank Group, where she spends her days finding ways to help reduce the bank’s carbon footprint, mitigating climate risk in its investment activities, and helping to drive business initiatives that can create positive environmental and social impacts.

I recently caught up with Nicole to talk about what TD is doing to help support the transition to a low-carbon economy, how the company analyzes climate risk, and to hear about her favorite Toronto restaurants.

Here’s an edited transcript of our conversation.

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How New Jersey can finance its bold new clean energy targets

This blog was co-authored with Mary Barber, Director of Strategic Alignment and Performance and State Implementation at Environmental Defense Fund

On May 23, New Jerseyans scored a major economic and environmental victory when Governor Phil Murphy signed a groundbreaking law that will soon make the Garden State an even greener one. The Board of Public Utilities (BPU) has initiated a proceeding that will establish a community solar pilot program within one year of the bill’s signing. Low-income and multifamily households will be able to earn credits on their electric bills for purchasing power from a shared solar array. In just ten years, half the state’s power will come from emissions-free renewable resources, and New Jersey will boast the highest amounts of energy storage and offshore wind in the United States. New Jerseyans can expect clean air, electric bill savings, and the creation of many local and lucrative job openings.

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Grad student helps Blue Shield of California cross the finish line on solar project

Yesterday afternoon, local officials and Blue Shield of California employees gathered in El Dorado Hills as CEO Paul Markovich cut the ribbon on the healthcare company’s newest solar power installation. I’m always excited to see companies breaking ground on clean energy projects, but I’m particularly thrilled about this one. That’s because three years ago, I met Radhika Lalit – the grad student who laid the foundation for this project.

Investing in clean energy is a smart decision for business, but it’s not always an easy path. It takes time, money and bandwidth, to move projects from an idea to reality. So in 2015 when Blue Shield of California partnered with EDF Climate Corps for help with developing its renewable energy strategy, I was hopeful that Radhika, a grad student at Stanford at the time, could give Blue Shield what they needed – an extra set of hands and dedicated project management.

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Business leadership on climate and clean energy is blooming this spring

The momentum driving companies to cut carbon emissions shows no signs of slowing down, despite the lack of leadership from Washington, D.C.:

Most important, businesses increasingly see public policy as critical to achieving their climate and clean energy goals. Last month, leading companies including Apple, Google, Mars, Danone, Nestle, Unilever and American Eagle Outfitters filed comments with the Environmental Protection Agency (EPA), opposing repeal of the Clean Power Plan and affirming their support for policies that drive down emissions and increase access to renewable energy.

Here are three key takeaways from these developments.

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Amazon’s big opportunity: Transparency in sustainability

At Environmental Defense Fund, we believe that environmental progress and economic growth can and must go hand in hand. EDF+Business works with leading companies and investors to raise the bar for corporate sustainability leadership by setting aggressive, science-based goals; collaborating for scale across industries and global supply chains; publicly supporting smart environmental safeguards; and, accelerating environmental innovation.

This is the fifth in a series of interviews exploring trends in sustainability leadership as part of our effort to pave the way to a thriving economy and a healthy environment.

Over the past few years, Amazon’s sustainability team has been busy setting ambitious goals on renewable energy, making their voice heard on smart environmental policies, and leveraging their expertise in technology to drive innovation that can benefit the planet – and boost profits.

I recently chatted with Kara Hurst, head of worldwide sustainability at Amazon and former CEO of The Sustainability Consortium, about how innovation and environmental goals intersect at Amazon, the launch of the new Amazon Sustainability Question Bank, and how sustainability issues could play a role in deciding the next Amazon headquarters (HQ2).

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Wholesale renewable energy procurement: what you need to know.

Clean energy is on the rise in America, and there’s no denying it. Each year, investments in renewable sources of power continue to increase, bringing with it economic and job growth. In fact, it’s on track to deliver an increasing share of total energy supply, putting traditional energy sources to the side. That’s why organizations across the country are turning to renewable energy as a way to meet their sustainability goals and cut energy costs.

We’re at a time when corporate America is stepping up to the plate on climate leadership. Bigger, more ambitious commitments are being set and bolder targets announced. And renewable energy can be the tool to meet them. But it means the scale and sophistication of clean energy projects must grow. Small-scale, on-site solar installations are not always large enough to generate the quantity of power necessary. So businesses are turning to another route: wholesale renewable energy procurement.

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