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Article

15 Jan 2017

Author:
Daniel Brooksbank, Responsible Investor (UK)

USA: 600+ investors & companies call on Trump administration to take action on climate change & low-carbon economy

“Top US investors and companies unite to promote low carbon future ahead of Trump inauguration”, 10 January 2017

Some of the leading institutional investors in the US and a host of the country’s blue-chip companies have called on the incoming Trump administration and the new Congress to support policies to accelerate a low-carbon future...In total, there are 637 signatories…including the likes of CalSTRS and the New York State Common Retirement Fund alongside major firms such as DuPont, Gap, General Mills, Hewlett Packard Enterprise, Hilton, Nike, Intel and a host of other household names…[T]he signatories say, in a show of unity across the investor-corporate chain…"Failure to build a low-carbon economy puts American prosperity at risk. But the right action now will create jobs and boost US competitiveness."…Trump has claimed climate change is a hoax and has put climate change sceptic Scott Pruitt in charge of the Environmental Protection Agency, made Exxon Mobil’s CEO his Secretary of State and pledged to eliminate climate change research conducted by space agency Nasa…