Companies represented on Energy Institute's External Advisory Board react to Paris Accord withdrawal
Schneider Electric (Jean-Pascal Tricoire)
Schneider Electric CEO Jean-Pascal Tricoire says that running a business which is environmentally friendly is a "question of good economic sense."
BP (Bob Dudley)
“BP has long supported the Paris agreement, and we hope the Trump administration follows through with its intention to find a way for the U.S. to re-enter the accord -- or another mechanism for addressing the global climate challenge -- rather than to walk away from it entirely. BP continues to believe that it’s possible to provide the world the energy it needs and achieve economic growth while also helping to transition the world to lower-carbon forms of energy.”
Ford Motor Company (Jim Hackett)
“We believe climate change is real, and remain deeply committed to reducing greenhouse gas emissions in our vehicles and our facilities. Our commitment to sustainability is why we’re investing so heavily in electrification and adding 13 new electrified vehicles to our lineup.”
GM (Mary Barra)
“GM will not waver from our commitment to the environment and our position on climate change has not changed. International agreements aside, we remain committed to creating a better environment.”
BASF (Kurt Bock)
"I deeply regret the decision of the U.S. President to withdraw the Unites States from the Paris Climate Agreement. As Chair of the B20 Energy, Climate & Resource Efficiency Taskforce, representing 97 businesses from 22 countries and diverse economic sectors, I can say that the Business 20, the official business dialogue to the G20, supports the Paris Climate Agreement and its implementation. We must now ensure that all other stakeholders live up to their commitments. These are already ambitious.
The other 19 members of the G20 cannot compensate for U.S. commitments of greenhouse gas emissions. They should rather use the Summit in Hamburg in July to increase their cooperation on climate protection and confirm their remaining strong commitments. The Paris Climate is set to establish a consistent and predictable framework, which is necessary to foster market-oriented and cost-effective approaches to reducing CO2 emissions. In this way, we seek to ensure that the best solutions will be found to address climate change and its consequences, while guaranteeing competitiveness, economic growth, and jobs through business innovation."
Dow Chemical Company (Andrew Liveris)
“Meanwhile, Dow Chemical CEO Andrew Liveris, who was the driving force behind a letter signed by 30 high-profile CEOs earlier this month encouraging Trump to honor the U.S. commitment, said his company was disappointed, but would ‘continue to collaborate with President Trump as well as other businesses, NGOs and academics’ on reducing greenhouse gas emissions.”