BusinessEnvironmentCorporations Pressed to Adapt to Climate Change Threat

Corporations Pressed to Adapt to Climate Change Threat

-

- Advertisment -sslate

South Dakota is part of a multistate lawsuit over federal regulators being asked to weigh the costs of climate change on society in their policy decisions. A nonprofit in the corporate arena says it’s clear – resistance on behalf of businesses is futile.

The lawsuit by conservative states argues the federal action is “arbitrary” and could have harmful effects on the U.S. economy.

Danielle Fugere is the president of the group As You Sow, which focuses on shareholder activism.

She said it’s a market reality that the world is taking climate change seriously. She said she thinks businesses should join the movement, instead of putting up a fight.

climate

“Because as climate change occurs, it impacts every company globally,” said Fugere. “It makes it much more difficult to maintain business.”

She suggested investors and banks are paying close attention to which companies adapt – and which ones ignore the warning signs.

As for the federal policy, Gov. Kristi Noem and other opponents say it could stifle energy production. They’re also concerned about the impact on sectors such as agriculture, which has been a key priority for Noem.

But Fugere said this week’s new report from the International Energy Agency – which says fossil-fuel investment can’t play a role in achieving net-zero emissions – is a wake-up call. She said businesses, especially oil and gas producers, need to see what other firms have already noticed.

“They need to have resources available,” said Fugere. “They need workers available, and they need water, and they need agriculture that works.”

She said without that stability, it would be harder for businesses to thrive. Her group added that many leading banks have set their own net-zero goals, and have decided the companies they finance must be on that path as well, in order to secure loans.

Sunshine Slate
Sunshine Slatehttps://www.sunshineslate.com
Sunshine Slate is your news, entertainment, music fashion website. We provide you with the latest breaking news and videos straight from the United States of America.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Should you tell customers how long they’ll be queuing for this Holiday Season?

Companies should partially hide information on how long the queue is if their products are highly popular and valuable

9 Reasons Why You Need a Car Locksmith

Locks are essential to our safety and security, and a professional car locksmith can help keep them in working order. Read now!

Top Trends we can expect to see in Digital Finance over the next 10 years

Digital banking has become a fundamental requisite for most banks and their digitally savvy consumers. I

Florida University Uses Religious Exemption to Disband Faculty Union

Citing a religious exemption, Edward Waters University - a private, historically Black school in Jacksonville - has shut down its faculty union.
- Advertisement -

5 FAQs to Corporate Executive Apartments in Raleigh, NC

Here are answers to the top 5 FAQs on executive rentals in Raleigh, NC

Top Huda Beauty Lipstick Shades to Buy Online

A lipstick helps a woman achieve the perfect look. In other words, every woman must have a decent collection of lipsticks.
edealo.com
- Advertisement - Motel 6
transformerscon

Must read

Top Huda Beauty Lipstick Shades to Buy Online

A lipstick helps a woman achieve the perfect look. In other words, every woman must have a decent collection of lipsticks.

Best Apps for your New Mobile Phone

We can install any app from the google play store very quickly. Let’s take a look at some most amazing apps for android mobile phones.
- Advertisement -
- Advertisement -sslate

You might also likeRELATED
Recommended to you