Chief executives of 43 companies with combined sales of $1.2 trillion in 2014 are calling for fast action on climate change and committing themselves to move toward a low-carbon economy.
The CEOs signed an open letter that “called on world leaders to seal an ambitious global agreement on curbing heat-trapping gases in December in Paris,” Bloomberg reports.
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“This initiative is a significant commitment in efforts to combat climate change,” wrote Iberdrola SA CEO Ignacio Galan. “As businesses, we have the obligation to contribute to sustainable development by fully integrating the environmental dimension in our strategy and management.”
Other signatories included the CEOs of Ikea, Dow Chemical, HSBC Holdings, Ericsson, Allianz, and the world’s biggest wind turbine manufacturer, Vestas Wind Systems. Bloomberg describes the missive as “a reminder to envoys from some 190 nations to ratchet up ambitions for the Paris meeting that the UN is organizing.”