“We’re disappointed with the action by the Court. We believe EPA has ample legal authority to pursue the Clean Power Plan. In addition, EPA has taken a measured and reasonable approach to pursuing GHG reductions, allowing states a great degree of flexibility in meeting the CPP targets over an extended compliance period between 2022 and 2030. PG&E will continue to support the Clean Power Plan and will move forward with the many steps we are taking to support California’s commitments to reduce greenhouse gases.” − Melissa Lavinson, Vice President of Federal Affairs and Policy, and Chief Sustainability Officer, PG&E Corporation
“Levi Strauss & Co. was proud to join 365 other companies and investors in support of the Clean Power Plan last year. We are surprised and disappointed in the Supreme Court’s decision to stay the Plan while the lawsuit proceeds. Despite the decision, Levi Strauss & Co. is committed to reducing our greenhouse gas emissions, and will continue to advocate for policies that stem climate change.” − Anna Walker, Senior Director of Global Policy and Advocacy, Levi Strauss & Co.
“Modernizing our nation’s electric supplies, as the Clean Power Plan would do, is good for Colorado, good for the country and good for the environment. By reducing the carbon pollution that is disrupting our climate, the Clean Power Plan will help New Belgium Brewing achieve our goals of clean energy, secure water supplies and sustainable agriculture supply chains. While the court’s decision is disappointing, our company and our governor remain committed to renewable energy and a low-carbon economic future.” − Jennifer Vervier, Director of Sustainability and Strategic Projects, New Belgium Brewing
“As one of the 366 businesses that publicly signed on to support the Clean Power Plan last year, Autodesk remains more committed than ever to design a low carbon future, powered by clean energy. Of all the challenges we face, none is more pressing and has greater implications for the international community than climate change. It is a systemic challenge that will require collaboration, as well as creativity, imagination, and innovation across sectors.” − Lynelle Cameron, Senior Director of Sustainability and CEO, Autodesk Foundation
“The urgency of the need to move toward a low-carbon future seems to have been lost on the Supreme Court when they elected to stay the Clean Power Plan. The impact of carbon emissions is a real and immediate threat to the vitality of our nation and our planet—one that must be met by the public and private sectors alike—and we are deeply disappointed in the Court’s shortsighted, ill-advised ruling.” – Sonia Kowell, President, Zevin Asset Management
“The Clean Power Plan is a key component of the United States’ plan to combat climate change. While the Supreme Court’s announcement slows the process, it is only forestalling the inevitable. Businesses are resolved to act to combat climate change; investors are allocating capital to facilitate the transition to low-carbon economy; and the general public supports these efforts. In fact, close to three quarters of all Americans supporting climate action and climate policies like the CPP.” – Tim Smith, Director of Environmental, Social, and Governance Shareowner Engagement, Walden Asset Management
“As radical as the Supreme Court action is, I still think we will look back on this development as a blip. We fully expect the CPP to weather these legal storms and to continue providing an important policy signal that we are transitioning to a clean energy future. The economic, social, political and market forces that are driving progress towards a low carbon economy and are supporting the CPP are very strong.” – Jonas Kron, Senior Vice President and Director of Shareholder Advocacy, Trillium Asset Management
“On the international stage, where the United States is accountable for meeting the objectives outlined in Paris, we have an obligation to maintain the commitments we made and to further the new moment that emerged from Paris. The challenge to the Clean Power Plan from states and industry, and the stay from the Supreme Court, are contrary to these shared global goals of mitigating the worst impacts of climate change on poor and vulnerable communities throughout the planet. We recognize this is a temporary setback, yet investors expect our portfolio companies to maintain the momentum of the low carbon transition that is underway.” − Sister Patricia Daly, OP Sisters of St. Dominic of Caldwell NJ and Tri-State Coalition for Responsible Investment
“Reducing carbon emissions through the Clean Power Plan is essential to fostering a stable business environment for investors. Shortsighted attempts to derail it threaten economic progress.” − Leslie Samuelrich, President, Green Century Capital Management
The full and original article can be viewed on Ceres.org
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