Survey Finds Majority of World’s Leading Companies Will Maintain Climate Investments and Strategies, Despite Changing Policies in Washington
A survey distributed in June by CECP: The CEO Force for Good to the largest global companies asked how corporate environmental strategy stacks up against current Federal and global agreements and regulations. Two-thirds of respondents indicated that their company already goes “beyond what’s required” and is committed to that path.
Recent changes in Federal environmental policies, including the Administration’s plan to withdraw the United States from the 2016 Paris Agreement, resulted in international debate about the impact this move will have on global efforts to halt climate change, with many experts doubting the efficacy of the pact without US participation. However, in the days after the announcement, several companies publicly reaffirmed their commitment to current climate strategies, demonstrating that the business community is, and will continue to be, a source of stability in volatile times.
CECP, a CEO-led coalition that believes that a company’s social strategy—how it engages with key stakeholders including employees, communities, and customers—determines company success, regularly polls its affiliated companies to get a pulse on current issues companies and their communities are grappling with. For more information and current insights on how companies are developing solutions for the world’s most pressing problems, please contact Jackie Albano, jalbano@cecp.co, 646-863-1926.
