FOR IMMEDIATE RELEASE
July 27, 2015
Contact: Laura Tierney
Email: [email protected]
Clean Energy Solutions Central to American Business Act on Climate Pledges
Washington, DC - BCSE President Lisa Jacobson issued this statement following today’s announcement from the Obama Administration regarding the launch of the American Business Act on Climate Pledge:
“Combating climate change cannot be tackled by governments alone. Businesses are showing that they are taking climate change seriously by reducing their carbon footprint and building sustainability plans into their supply chains.
“BCSE applauds the 13 companies that are a part of today’s announcement. They show that addressing climate change is a mainstream business issue and they are using a broad range of clean energy technologies to meet their goals.
“Private industry is often where investment and innovation starts. The Obama Administration’s efforts to promote and drive corporate action to reduce greenhouse gas emissions will build momentum for a strong outcome at the Paris climate negotiations in December.”
The Act on Climate Pledge platform is aimed at elevating corporate action to reduce greenhouse gas emissions as well as other climate-friendly sustainability initiatives. The White House estimates that today’s announcements total at least $140 billion in new low carbon investment and more than 1,600 megawatts of new renewable energy. In addition, they include company specific goals to cut emissions by as much as 50 percent, reduce water intensity by as much as 15 percent, purchase 100 percent renewable energy, and to pursue zero net deforestation in supply chains.
Please see the full Factsheet released from the White House this morning regarding the announcement and specific company pledges.
Download the full press release.