Quantcast

365+ Businesses Call on Trump to Support Paris Climate Agreement

Climate

More than 365 businesses and investors, from more than a dozen Fortune 500 firms to small, family-owned businesses across more than 35 states, sent a strong message today to President Barack Obama, President-elect Donald Trump and other elected U.S. and global leaders, reaffirming their support for the historic Paris climate agreement and the need to accelerate the transition to a low-carbon economy at home and around the world.

"Implementing the Paris climate agreement will enable and encourage businesses and investors to turn the billions of dollars in existing low-carbon investments into the trillions of dollars the world needs to bring clean energy prosperity to all," wrote the powerful business group, in a statement of support at a press conference at the COP22 climate negotiations in Marrakech, Morocco. "Failure to build a low-carbon economy puts American prosperity at risk."

Among the diverse and iconic large and small U.S. businesses signing the statement are DuPont, Gap Inc., General Mills, Hewlett Packard Enterprise, Hilton, HP Inc., Kellogg Company, Levi Strauss & Co., L'Oreal USA, NIKE, Mars Incorporated, Schneider Electric, Starbucks, VF Corporation and Unilever.

"Now more than ever, Levi Strauss & Co. believes it is important to reaffirm our commitment to address climate change by supporting the Paris climate agreement," Michael Kobori, vice president of sustainability at Levi Strauss & Co., said. "Building an energy-efficient economy in the U.S., powered by low-carbon energy will ensure our nation's competitiveness and position U.S. companies as leaders in the global market—all while doing the right thing for our planet."

The U.S., China, India, Brazil, European Union and more than 100 other nations representing more than three-fourths of global emissions formally ratified or joined the agreement, and it entered into legal force on Nov. 4. The agreement is the first-ever global, legally binding framework to tackle climate change.

In the statement, the large and small businesses pledged to do their part, in their own operations and beyond, to realize the Paris climate agreement's commitment of a global economy that limits global temperature rise to well below two-degrees Celsius.

They are calling on elected U.S. leaders to strongly support:

  • Continuation of low-carbon policies in order to allow the U.S. to meet or exceed its promised national commitments.
  • Investment in the low-carbon economy at home and abroad in order to give financial decision-makers clarity and boost investor confidence.
  • Continued U.S. participation in the Paris climate agreement in order to provide the long-term direction needed to limit global warming.

"The enormous momentum generated by the business and investment community to address climate change cannot be reversed and cannot be ignored by the Trump administration. That train has left the station and to stand in its way is folly," Matt Patsky, CEO of Trillium Asset Management, said.

"Nevertheless, we know that now is the time to remind the incoming administration that virtually every company in the Fortune 500 and over $100 trillion in investor assets has acknowledged the reality of climate change and the need to address it head on," Patsky concluded.

EcoWatch Daily Newsletter

A. Battenburg / Technical University of Munich

By Sarah Kennedy

Algae in a pond may look flimsy. But scientists are using algae to develop industrial-strength material that's as hard as steel but only a fraction of the weight.



Read More Show Less
Variety of fermented food korean traditional kimchi cabbage and radish salad. white and red sauerkraut in ceramic plates over grey spotted background. Natasha Breen / REDA&CO / Universal Images Group / Getty Image

By Anne Danahy, MS, RDN

Even if you've never taken probiotics, you've probably heard of them.

These supplements provide numerous benefits because they contain live microorganisms, such as bacteria or yeast, which support the healthy bacteria in your gut (1, 2, 3, 4).

Read More Show Less
Sponsored
Pexels

Singapore will become the first country in the world to place a ban on advertisements for carbonated drinks and juices with high sugar contents, its health ministry announced last week. The law is intended to curb sugar consumption since the country has some of the world's highest diabetes rates per capita, as Reuters reported.

Read More Show Less

A typical adult takes around 20,000 breaths per day. If you live in a megacity like Beijing, with many of those lungfuls you're likely to inhale a noxious mixture of chemicals and pollutants.

Read More Show Less
Fred Stone holds his brown swiss cow Lida Rose at his Arundel dairy farm on March 18 after a press conference where he spoke about PFAS chemical contamination in his fields. Gregory Rec / Portland Portland Press Herald via Getty Images

By Susan Cosier

First there was Fred Stone, the third-generation dairy farmer in Maine who discovered that the milk from his cows contained harmful chemicals. Then came Art Schaap, a second-generation dairy farmer in New Mexico, who had to dump 15,000 gallons of contaminated milk a day.

Read More Show Less
Sponsored
Protesters attend the 32nd annual Fur-Free Friday demonstration on Nov. 23, 2018 in Beverly Hills, California. Ella DeGea / Getty Images

California Governor Gavin Newsom signed into law a bill that that bans the sale and manufacture of fur products in the state. The fur ban, which he signed into law on Saturday, prohibits Californians from selling or making clothing, shoes or handbags with fur starting in 2023, according to the AP.

Read More Show Less
Watchfield Solar Park in England. RTPeat / Flickr / CC BY-NC-ND 2.0

By Simon Evans

During the three months of July, August and September, renewables generated an estimated total of 29.5 terawatt hours (TWh), compared with just 29.1TWh from fossil fuels, the analysis shows.

Read More Show Less
A demonstrator waves an Ecuadorian flag during protests against the end of subsidies to gasoline and diesel on Oct. 9 in Quito, Ecuador. Jorge Ivan Castaneira Jaramillo / Getty Images

The night before Indigenous Peoples' Day, an Indigenous-led movement in Ecuador won a major victory.

Read More Show Less