Dear President Trump,
As some of the largest companies based or operating in the United States, we strongly urge you to keep the United States in the Paris Agreement on climate change.
Climate change presents both business risks and business opportunities. Continued U.S. participation in the agreement benefits U.S. businesses and the U.S. economy in many ways:
- Strengthening Competitiveness: By requiring action by developed and developing countries alike, the agreement ensures a more balanced global effort, reducing the risk of competitive imbalances for U.S. companies.
- Creating Jobs, Markets and Growth: By expanding markets for innovative clean technologies,
the agreement generates jobs and economic growth. U.S. companies are well positioned to lead in these markets. Withdrawing from the agreement will limit our access to them and could expose us to retaliatory measures.
- Reducing Business Risks: By strengthening global action over time, the agreement will reduce future climate impacts, including damage to business facilities and operations, declining agricultural productivity and water supplies, and disruption of global supply chains.
As businesses concerned with the well-being of our customers, our investors, our communities, and our suppliers, we are strengthening our climate resilience, and we are investing in innovative technologies that can help achieve a clean energy transition. For this transition to succeed, however, governments must lead as well.
U.S. business is best served by a stable and practical framework facilitating an effective and balanced global response. The Paris Agreement provides such a framework. As other countries invest in advanced technologies and move forward with the Paris Agreement, we believe the United States can best exercise global leadership and advance U.S. interests by remaining a full partner in this vital global effort.
- Blue Cross Blue Shield of Massachusetts
- Gap, Inc.
- The Hartford
- Hewlett Packard Enterprise
- Ingersoll Rand
- Intel Corporation
- Johnson Controls
- Levi Strauss & Co.
- Mars Incorporated
- Morgan Stanley
- National Grid
- PG&E Corporation
- Royal DSM
- Schneider Electric
- Tiffany & Co.
- VF Corporation