Three New Year’s resolutions for US corporations to accelerate climate action

It is that time of year again where we look back at the year gone by and collectively resolve to do better in the year ahead. And when it comes to corporate climate action, 2016 had indeed been a milestone year. The Paris Agreement which was ratified this year sent a clear message: we need to transition to a low-carbon economy and do what it takes to keep global temperature rise well below 2°C.  Support by US businesses was instrumental in reaching the agreement, and will be critical to implementing it.

Much work lies ahead to achieve the long-term vision of a low carbon economy that stimulates clean energy growth and builds the resilience of poor and  vulnerable communities who are most impacted by climate change. Now more than ever, business leadership is pivotal in achieving the ambitious goals set out in the Paris agreement.

While the incoming president of the United States and some of his key appointees have questioned the need for climate action and the reality of well-established climate science, we know that climate change is already a fact of life for thousands of communities across the world – especially the poor who are bearing the brunt of the impacts from more severe storms, intense droughts and unpredictable weather.

Many US companies already recognize the business case for investing in clean energy and climate action. Several food and beverage companies, for instance, recognize that extreme weather is threatening food supply chains and food security around the world, and last year, in the run up to Paris, the CEOs of 14 leading US food companies came together to pledge to accelerate business action on climate change and urged governments to do the same.

So here are three resolutions US businesses can make to further accelerate climate action in 2017:

1. Disclose how you measure and manage climate risks

2. Set long-term targets guided by science

3. Speak up in support of ambitious climate action

Learn more here: http://politicsofpoverty.oxfamamerica.org/2016/12/three-new-years-resolutions-for-us-corporations-to-accelerate-climate-action/

1 reply
  1. borvestinkral
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