Sign in Subscribe
Semiconductor industry

81 Companies Pledge to Reduce Greenhouse Gas Emissions as Part of US Climate Change Efforts

Strategic Insights

— 1 min read

The White House announced that a total of 81 companies have signed the American Business Act on Climate Pledge, vowing to reduce greenhouse gas emissions and increase low-carbon investments. Companies such as Coca-Cola, Apple, Intel, IBM, and Walmart, which have operations in all 50 US states, employing over nine million people and representing over three trillion dollars in annual revenue, have committed to deploy more clean energy and take other climate-related actions. The move comes ahead of the upcoming UN climate talks in Paris in December, where the US is expected to play a key role in shaping the global response to climate change.

Key Takeaways:

  • 81 companies have signed the American Business Act on Climate Pledge, including Coca-Cola, Apple, Intel, IBM, and Walmart.
  • These companies have operations in all 50 US states, employing over nine million people and representing over three trillion dollars in annual revenue.
  • The companies have collectively committed to a combined market capitalization of over five trillion dollars.
  • The companies have pledged to reduce greenhouse gas emissions, increase low-carbon investments, and deploy more clean energy.
  • The move comes ahead of the upcoming UN climate talks in Paris in December.
  • The companies involved in the pledge account for more than 40% of the US GDP.
  • The companies have collectively committed to investing over 140 billion dollars in new low-carbon investments and deploying over 1,600 megawatts of new renewable energy.

Statistics:

  • 81 companies have signed the American Business Act on Climate Pledge.
  • These companies have operations in all 50 US states.
  • The companies have a combined workforce of over nine million people.
  • The companies have a combined annual revenue of over three trillion dollars.
  • The companies have a combined market capitalization of over five trillion dollars.
  • The companies have collectively committed to investing over 140 billion dollars in new low-carbon investments.
  • The companies have collectively committed to deploying over 1,600 megawatts of new renewable energy.

Sources:

  • Xinhua (October 19, 2015)
  • White House (July 2015)
  • Comtex SmarTrend Alert (October 15, 2015)
  • Comtex News Network, Inc. (Copyright 2004-2015)

Read more