What’s green, worth tens of trillions of dollars, and makes corporations an offer they can’t refuse? The answer: Climate Action 100+, an institutional investor-led initiative that in its brief existence has emerged as a force for radical social transformation. The group already has secured commitments from more than 160 corporations worldwide to reduce greenhouse gas emissions to target levels set by the Paris Climate Change Agreement of 2015, a pact from which President Trump announced withdrawal plans in June 2017. Suppose a company doesn’t want to commit. Well…that could create problems.
Like any scientific controversy, climate change invites skepticism. Human activity may be responsible for increases in atmospheric carbon dioxide concentrations which raise temperatures and threaten ecosystems. Yet there is compelling evidence that global warming is due to non-human factors and that it alternates with global cooling in a recurring cycle. The issue, in other words, is far from … Read More ➡