100+ Companies Salute Signing of Paris Agreement, Call For Action On Clean Power Plan

NEW YORK CITY, N.Y. – More than 100 companies, including leading global giants, expressed their support recently for the Paris Agreement on climate change and called for swift action on the Environmental Protection Agency’s Clean Power Plan, a proposal aimed at significantly cutting carbon pollution in the United States.

The 110 companies, including IKEA, Mars Incorporated, PG&E, Salesforce, General Mills, Kellogg Company, HP and Starbucks, released a statement organized by a coalition of groups, including the nonprofit sustainability organization Ceres and World Wildlife Fund, during a teleconference. The statement comes two days before 150 world leaders gather at the United Nations in New York City to sign the Paris Agreement.

In the statement, the signatories pledged to do their part to “realize [the Paris Climate Agreement’s] vision of a global economy that limits global temperature rise to well below two degrees Celsius.” They also called on U.S. leaders for an investment in the low-carbon economy at home and abroad to give financial decision-makers clarity and to boost investors’ confidence worldwide.

A full list of signatories can be found here.

The Clean Power Plan is a key component of the U.S. pledge to meet emissions reduction targets under the Paris Climate Agreement. Specifically, it would reduce carbon pollution from electric power plants by 30 percent by 2030.

Earlier this year, the U.S. Supreme Court decided to put a “stay” on implementation of the Clean Power Plan until legal challenges in court are resolved.