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Climate One

Making the Grade: Corporations and the Paris Climate Accord

Climate One

Climate One

Social Sciences, Earth Sciences, Science, News Commentary, News

4.7583 Ratings

🗓️ 10 July 2018

⏱️ 51 minutes

🧾️ Download transcript

Summary

When you think of climate activism, Wall Street doesn’t immediately come to mind. But as investors are coming to realize, they do have a voice – and a vote – when it comes to corporate environmental action. Responsible investing is a concept that’s been around for many years, but it’s only recently that companies have begun to take notice. And who’s driving that change? Shareholders. Greg Dalton talks with three experts about the ways that market forces can turn the ship, inspiring awareness, transparency and in some cases, even change, in seemingly immovable corporations. Guests: Betty Cremmins, Director, Carbon Disclosure Project West Danielle Fugere, President & Chief Counsel, As You Sow John Streur, President & CEO, Calvert Research and Management Portions of this program were recorded at The Commonwealth Club in San Francisco. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Environmental sustainability and financial stability. Can a corporation really do both?

0:13.9

Welcome to Climate One, changing the conversation about America's energy, economy, and environment.

0:28.1

Thank you. as energy, economy, and environment. The markets were designed on the concept that all investors would have equal access to information

0:35.0

and would make rational decisions. The challenge is we don't have access

0:40.4

to the same information and we don't have enough information about what companies are really doing.

0:46.0

John Stroyer is one of the people who's working to make sure investors have access to that

0:50.8

information. He's the CEO of Calvert Research and Management, pioneers in Responsible Investing.

0:57.3

It's a concept that's been around for many years, but it isn't until recently that

1:01.6

companies have begun to sit up and take notice.

1:04.3

On today's program, Greg Dalton talks with three experts about the ways that market forces

1:09.1

can turn the ship, inspiring awareness, transparency,

1:12.7

and in some cases even change in seemingly immovable corporations. I think the expectation now is

1:19.7

that disclosure is the new normal. If you have nothing to hide, you shouldn't be hiding.

1:23.4

And hopefully you're doing all the right work internally, but I think the public is increasingly

1:27.2

demanding knowledge of this information.

1:30.5

Betty Kremens is director of the Carbon Disclosure Project

1:33.2

and Greg's first guest today.

1:35.4

CDP publishes the annual A-list,

1:37.8

which scores the world's businesses on environmental performance.

1:41.3

Here's their conversation.

1:43.8

I was looking at the A-list of companies and saw some

1:47.2

surprising A-companys, Las Vegas Sands, owned by Republican donors Sheldon Aidelson, Philip Morris

...

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