Leading U.S. Companies Offer Praise for Climate Change Agreement in Copenhagen
Call for Quick Action to Get U.S. Legislation Passed in Washington
Leading U.S. companies who came to Copenhagen to push for a strong climate deal were encouraged by the agreement announced by President Obama, although it falls short of the binding international treaty they are seeking to ensure a level playing field for companies competing globally in the emerging low-carbon economy.
"We applaud the President's efforts in Copenhagen and are encouraged by the progress made," said PG&E senior vice president Greg Pruett. "We join other companies and organizations in calling upon the Senate to complete its work on a comprehensive climate and energy bill. We pledge our continued support in that effort and look forward to working constructively with the Administration and all members to pass a bill early next year. "
"We're pleased with tonight's agreement between several leading developed and developing countries," said Hannah Jones, vice president of sustainable business and innovation at Nike, who spent four days in Copenhagen pressing for a strong deal. "Companies want clear, comprehensive national and international policies that will reduce global warming pollution and kickstart our transition to a clean energy economy. Nike welcomes the President's sense of urgency and recognition that companies need certainty and a level playing field in order to move to a low-carbon economy which will unleash the next wave of jobs and prosperity.”
"Today's announcement is a strong step forward, a recognition that all the world’s nations must come together in finding solutions that know no borders," said Letitia Webster, director of corporate sustainability at The North Face, a global outdoor apparel company in California. "It's an acknowledgment that climate mitigation and adaptation efforts must be everybody’s job regardless of where they take place.”
Nike and North Face were among 30 US businesses that sent a letter to President Obama earlier this week urging him to secure a comprehensive climate agreement with significant emissions reduction targets, substantial new financing commitments from developed countries, including the United States, and strong transparency with respect to national commitments.
"While we are pleased that negotiations moved forward in Copenhagen, we are sobered by what today's agreement reveals about how much hard work lies ahead," said Mindy Lubber, president of Ceres, which coordinates a network of companies, Business for Innovative Climate and Energy Policy (BICEP), which includes Nike and North Face. "That work must start here in the United States. Our country must lead the world with a commitment to strong limits on its own carbon emissions if it expects others to follow. The time for politics as usual is over."
Ceres is a leading coalition of investors, environmental groups and other public interest organizations working with companies to address sustainability challenges such as climate change. Ceres also coordinates Business for Innovative Climate and Energy Policy (BICEP), which includes 16 consumer-facing companies advocating for strong climate and clean energy policies.