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The Guardian - US
The Guardian - US
Environment
Adam Lowenstein

How a top US business lobby promised climate action – but worked to block efforts

Joe Biden speaks while joining the Business Roundtable's chief executive officer quarterly meeting in Washington, on 21 March.
Joe Biden speaks while joining the Business Roundtable's chief executive officer quarterly meeting in Washington, on 21 March. Photograph: Bloomberg/Getty Images

Three years ago today, in a statement that would be described as “historic”, “monumental” and “revolutionary”, America’s most powerful and politically connected corporations promised to “protect the environment by embracing sustainable practices across our businesses”.

The “Statement on the Purpose of a Corporation” came from the Business Roundtable, an influential Washington DC lobbying group whose 200-plus members include the chief executives of some of the world’s biggest companies, including Apple, Pepsi, Walmart and Google.

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