Big Companies Urge Biden, Congress to Address Climate Change (WSJ)

A broad cross sec­tion of big U.S. cor­po­ra­tions in­clud­ing Ama­zon.­com Inc., Cit­i­group Inc. and Ford Mo­tor Co. are call­ing on Con­gress to work closely with Pres­i­dent-elect Joe Biden to ad­dress the threat of cli­mate change.

In a let­ter to be sent to Congress and the Biden tran­si­tion team on Wednes­day, more than 40 com­pa­nies say they sup­port the U.S. re­join­ing the Paris cli­mate ac­cord, and urge “Pres­i­dent-elect Biden and the new Con­gress to work to­gether to en­act am­bi­tious, durable, bi­par­ti­san cli­mate so­lu­tions.”

https://www.wsj.com/articles/big-companies-urge-biden-congress-to-address-climate-change-11606885261?st=zapyi566rfj2iuu&reflink=article_copyURL_share

Author: Christopher K. Merker, Ph.D., CFA

Christopher K. Merker, PhD, CFA, is a director with Private Asset Management at Robert W. Baird & Co. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught the course “Sustainable Finance” since 2009. Executive director of Fund Governance Analytics (FGA), an ESG research partnership with Marquette University, he is a member of the CFA Institute ESG Working Group, an international committee currently exploring ESG standards, publishes the blog, Sustainable Finance, which covers current topics around governance and sustainability in investing, and is co-author of the book, The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.