In the past few days we have learned that major investors and businesses are getting in step with climate action. BlackRock investing firm announced they would no longer invest in businesses that are not meeting climate change objectives.
“Awareness is rapidly changing, and I believe we are on the edge of a fundamental reshaping of finance,” Mr. Fink wrote in the letter, which was obtained by The New York Times. “The evidence on climate risk is compelling investors to reassess core assumptions about modern finance.” ~ New York Times 1-14-20
Microsoft announced a Net Negative carbon footprint plan to reduce its emissions and to eliminate its carbon footprint completely by 2030.
The scientific consensus is clear. The world confronts an urgent carbon problem. The carbon in our atmosphere has created a blanket of gas that traps heat and is changing the world’s climate. Already, the planet’s temperature has risen by 1 degree centigrade. If we don’t curb emissions, and temperatures continue to climb, science tells us that the results will be catastrophic. ~ Microsoft Commitment to Sustainability