Jan 24, 2020

How to change corporate climate lobbying

Illustration: Sarah Grillo/Axios

A big new Harvard Business Review story urges corporations to go much further on climate change and offers all kinds of recommendations.

Quick take: The whole piece by author and consultant Andrew Winston is worth reading. But what caught my eye was the way he calls out multinationals that back strong U.S. policies in principle — but then fail to really push policymakers.

  • "Companies must lobby for the policies that will lead to a low-carbon future, and senior executives need to show up in person," he writes (emphasis added).

Here are a few lines from the piece...

"For the most part, non–fossil fuel companies engage only in occasional special lobbying days organized by the likes of Ceres, the American Sustainable Business Council, and Business Climate Leaders."
"Those events are important, of course, but even the groups themselves acknowledge that the number of big companies with a consistent climate-action focus is small."

Go deeper: Climate change becomes a lightning rod for banks

Go deeper

Climate change becomes a top business threat

Reproduced from High Lantern Group; Chart: Axios Visuals

Climate change has, quite suddenly, become a lightning rod for business and finance leaders around the world.

Driving the news: Climate generated the highest degree of public pressure on corporations by activists, policymakers and journalists last year, according to data analyzed by consultancy High Lantern Group and provided exclusively to Axios. The topic's mention rose 77% over 2018.

Go deeperArrowUpdated Jan 24, 2020

Big Finance is having its climate moment in 2020

An Extinction Rebellion activist stands on top of the Wall Street Bull during an Oct. 7 protest. Photo: Erik McGregor/LightRocket via Getty Images

Big Oil often takes center stage, but big finance is having its climate moment this year, between the 2020 presidential elections and events at Davos.

Why it matters: It's the latest sign of how Wall Street is increasingly at the center for climate advocacy in at least two ways — and how White House hopefuls are part of those efforts.

Go deeperArrowJan 23, 2020

Climate change’s surprise twist

Illustration: Sarah Grillo/Axios

The economics, politics and science of climate change are converging and catapulting this problem from a joke among critics to a prominent concern.

Driving the news: Shifts across Washington, D.C., among corporate leaders and within financial institutions are creating a foundation that could produce big movement on this problem for the first time since, well, forever.

Go deeperArrowJan 27, 2020