Major corporations’ advocacy for clean energy and climate policies falls well short of the nearly unanimous support for cutting emissions and boosting renewable energy in the United States, according to a report from sustainability nonprofit Ceres.
In an analysis of listed companies in the S&P 100 index, 9 out of every 10 acknowledge that climate change is a material risk to their industry. Yet only half of the 100 companies disclosed that they lobbied for climate policies aligning with the objectives of the Paris Agreement in the past three years, Ceres found.
In the case of Democrats’ climate, tax and health care package, publicly stated support for the deal providing billions of dollars in various incentives for clean energy and decarbonization was even more sparse.
