Cargill Signs CEO Letter in Support of Paris Climate Agreement
(3BL Media/Justmeans) — Cargill CEO Dave MacLennan has joined 29 other major company chief executives as a signatory to an open letter published in the Wall Street Journal, urging the Trump Administration to keep the US in the Paris Climate Agreement.
“Based on our vast experience doing business all over the world, we believe there is strong potential for negative trade implications if the United States exits from the Paris Agreement,” said the collective CEO statement. The letter made a strong case for trade, economic growth, and innovation.
Among the other CEOs signing were Paul Polman (Unilever), Denise Morrison (Campbell Soup Company), Richard Branson (Virgin), Jeffrey Immelt (GE), Elon Musk (Tesla), Robert Iger (The Walt Disney Company), James Gorman (Morgan Stanley), and Michael Corbat (Citigroup). All said there is a strong consensus that “the Paris Agreement is good for business”:
"It strengthens our competitiveness in global markets.
It benefits U.S. manufacturing in modernizing to new, more efficient technologies.
It supports investment by setting clear goals which enable long-term planning.
It expands global and domestic markets for clean, energy-efficient technologies which will generate jobs and economic growth.
It encourages market-based solutions and innovation to achieve emissions reductions at low cost."
Climate is a central part of Cargill’s sustainability efforts. As a major food producer for a growing world population, Cargill includes climate change as one of its four principal focus areas of sustainability action. The company is reducing its greenhouse gas emissions, working with farmers to promote sustainable agriculture, and advocating for policies that advance sustainable approaches.
In July 2015, Cargill joined the American Business Act on Climate Pledge to support the Paris Agreement.
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