10 Jan BUSINESSES & INVESTORS CALL ON TRUMP: DON’T IGNORE CLIMATE CHANGE
More than 600 leading businesses and financial institutions have signed an open letter to urge president-elect Donald Trump to take action on climate change. The release of the letter coincides with the start of the Senate hearings to confirm his cabinet nominees, many of whom are likely to gut existing climate policies, The Guardian reports.
The letter was originally submitted after the election in November and has since picked up roughly 200 additional more signatures from both business and investors. Corporate signatories include the likes of Campbell Soup, Johnson & Johnson, eBay and Levi Strauss. The 100 investors who have signed the letter include the New York State Common Retirement Fund, the California State Teachers Retirement System and others representing combined AUM of $2 trillion, according to The Independent.
The letter calls on both president-elect Trump and the Republican-controlled Congress to continue the progress towards a low-carbon economy and warns that failing to do so could ‘put American prosperity at risk”, Ian Johnston at The Independent reports.