The vast majority of companies remain silent on climate policy

Does this action support or obstruct progress on climate policy?

September 29, 2020

What happened

The most powerful tool companies have to fight climate change is their political influence. Unfortunately, the vast majority  choose not to use it,  staying silent on climate policy and allowing their trade associations to advocate on their behalf for policies that increase emissions and protect polluters.

We cannot meaningfully reduce climate risk – let alone build a more sustainable and equitable future – without climate policy. Given the high expectations of businesses to address climate change, and the growing scrutiny of corporate lobbying from investors, employees and consumers, it’s time that companies made climate policy advocacy a strategic business imperative.

Our rating

Silence, or inaction, “obstructs” progress on climate policy because it implies consent to the status quo. Unless business leaders say otherwise, policymakers will assume that climate action is not a priority for Corporate America, and that trade associations that lobby against climate policy speak for all of their members.

According to our expert…

“Silence on climate policy is not neutrality; it effectively endorses the anti-climate advocacy agenda of powerful industry groups. The business case for climate policy is clear, and the time for companies to make their voices heard is now.”

Victoria Mills, head of EDF’s corporate climate policy program

What is the Climate Authenticity Meter?

The Climate Authenticity Meter provides our assessment ofhow a company’s political activities measure up against the AAA Framework for Climate Policy Leadership.

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Climate Auhtenticity Meter
“The most powerful tool that companies have to fight climate change is their political influence.”
– Fred Krupp, President of Environmental Defense Fund