Monday, April 06, 2015

Why Corporate America Is Reluctant to Take a Stand on Climate Action

The reluctance of so many companies to take a stand against climate change raises questions about the depth of corporate partnerships with NGOs. (Credit: Photograph: Charlie Riedel/AP) Click to Enlarge.
Many environmental groups consider the Obama administration’s plan to regulate carbon-spewing coal plants, which aims to cut carbon pollution by 30%, as one of our last chances to win the fight against climate change.

But the vast majority of their top corporate partners – companies like Coca-Cola, PepsiCo, FedEx, UPS, Target and Walmart, which have worked with environmental NGOs for years – aren’t backing them up, according to a Guardian survey.

The survey consisted of calls and emails to nearly 50 corporations that work with three environmental groups – Environmental Defense Fund, The Nature Conservancy and the World Wildlife Fund US – that have identified the Environmental Protection Agency’s Clean Power Plan as a top priority.  These are Fortune 500 global companies that tout their sustainability efforts and celebrate their environmental partnerships.

Just three of them – Starbucks, Mars and Google – support the Clean Power Plan, which is a cornerstone of the Obama administration’s climate change efforts.  Caterpillar and CSX Corp, a coal-carrying railroad, oppose the EPA plan.  The vast majority take no position.

Read more at Why Corporate America Is Reluctant to Take a Stand on Climate Action

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