While Exxon Mobil did not sign the letter, its stance has also evolved. For years, the company poured millions of dollars into organizations promoting climate change denial. However, in a report to shareholders last year, an Exxon Mobil vice president said , “The risk of climate change is clear and the risk warrants action.” To that end, Exxon Mobil has […]
In a Reuters interview, IKEA’s Chief Executive Peter Agnefjall, outlined a plan that fits with IKEA’s commitments. Without putting the cost burden on its customers, IKEA is pledging to invest 600 million euros in wind and solar power, adding to 1.5 billion invested since 2009 as part of a goal of making it energy independent.
The charitable arm of the family-owned […]
What is at stake in global climate? How is it affecting coffee farmers?
Climate change materializes in extreme climatic events and storms. The harvests of small-scale coffee farmers are already directly affected by prolonged droughts and heavy rains. This happens more and more often, with major impacts on crops. Moreover, damages are increased when the ecosystem is already degraded: erosion, aridification, […]
Shell is asking investors to bet against the world taking action on climate change or in renewables displacing fossil fuels, says influential economist Nick Stern.
Speaking at a Guardian debate on divestment last night, Lord Stern said Shell and other hydrocarbon companies were getting it wrong on the potential of renewables technology and that people will insist on policies to hold […]
Pope Francis is set to make history by issuing the first-ever comprehensive Vatican teachings on climate change, which will urge 1.2 billion Catholics worldwide to take action. The document will be sent to the world’s 5,000 Catholic bishops and 400,000 priests who will distribute it to their parishioners.
Given the sheer number of people who identify as Catholics worldwide, the pope’s […]
Hundreds of protesters gathered in front of two Nestle bottling plants in California on Wednesday to deliver petitions demanding the company stop bottling operations in the drought-stricken state.
The petitions – carrying more than 500,000 signatures – were accepted by Nestle staff members at both the Sacramento and Los Angeles bottling plants, protesters said, as residents and activists chanted slogans like “Our […]
Recognizing Climate Refugees
First, all EU countries should share the burden, apportioning refugees across all member states.
Second, the US, Canada, Australia and other OECD members must also carry their fair share, which they are not: The US accepted 36 Syrian refugees in 2013, out of a total of some 3 million.
Third, recognizing that a basic principle of international law is an […]
Amidst all the good news we write about, from China’s leadership on wind to India’s massive entry into solar, is the backdrop of rapidly advancing climate change – where so many changes are occurring it’s hard to keep track of them all.
While the focus is often on the Arctic – which could be completely ice-free in 25 years – Antarctica […]
We understand the challenges facing lawmakers who must wrestle with these complex issues on Capitol Hill, but we believe the politics of climate change shouldn’t change industry’s commitment to reducing carbon intensity. At Nestlé, we are determined to take concrete, measureable and transparent action on these issues in the U.S. and all over the world no matter which way the […]
Barclays CEO Antony Jenkins talks of courage, values and purpose, so why is he a lead financier of coal, a major contributor to climate change?
There is an invisible DNA thread that links companies to their original purpose, which executives ignore at their peril. Because our transactional-based economic structures focus attention only the tiny sliver that is our conscious mind, business […]