Why Do Major US Corporations Want to Address Climate Change?

For some of these corporations, the championing of environmental causes is not isolated to just on Earth Day.
Why Do Major US Corporations Want to Address Climate Change?
The People's Climate March in Manhattan, New York, Sept. 21, 2014. Samira Bouaou/Epoch Times
Annie Wu
Updated:

Environmentalists aren’t the only ones who want the Earth to be a greener place. On Wednesday, a group of representatives from major U.S. corporations lobbied Congress urging them to act on climate change.

The group included big-name food and beverage companies such as Kellogg’s, PepsiCo, Starbucks, Nestlé, and Mars; the clothing company Gap Inc., and cosmetics brand L'Oréal.

The coalition wants Washington to act because it believes the negative effects of climate change will affect the long-term stability of its businesses, and by extension, the U.S. economy, according to Mindy Lubber, president of the nonprofit Ceres. The nonprofit works with companies to advocate for sustainability issues. Lubber wrote about the group organizing on Earth Day in an article for Forbes.com.

Specifically, they want the United States to lead the negotiations at the United Nations Climate Change Conference in Paris, France, this November. Participating countries will come up with an international binding agreement to curb greenhouse gas emissions and limit global temperature rises to under two degrees Celsius (36 degrees Fahrenheit).

Some of the lobbying companies were also among a list of over 200 businesses who recently signed a letter addressed to President Barack Obama, expressing their support for the EPA’s (Environmental Protection Agency) proposed Clean Power Plan.

Annie Wu
Annie Wu
Author
Annie Wu joined the full-time staff at the Epoch Times in July 2014. That year, she won a first-place award from the New York Press Association for best spot news coverage. She is a graduate of Barnard College and the Columbia University Graduate School of Journalism.
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