On the recordMarch 11, 2015
there are a lot of people--scientists, doctors and health professionals, our military and security leaders, the insurance and reinsurance industry, most of our major utilities, even faith leaders--who agree that climate change is a serious problem and an important priority. In the private sector, many corporate leaders see climate change as both a moral challenge and a financial opportunity. Indeed, as I rise today for now the 92nd time to urge my colleagues in Congress to wake up to the urgent threat of climate change, major American companies have already begun to take action. They are not waiting around for Congress. Ceres, for instance, is a nonprofit organization that helps to mobilize investors and business leaders to build a sustainable global economy. Ceres reports that nearly half of Fortune 500 companies now have their own clean energy targets. Institutional investors are also committed to fighting climate change. In 2003, there were just 10 of them. Ten years later, by 2013, there were 110, holding $13 trillion in assets. Walmart uses about 25 percent renewable energy, Google is at 35 percent, and Apple nearly 75 percent. More and more companies are seeing the benefit of cleaning up their energy sources and investing in the future, and it is not just out of the goodness of their hearts. These are our most profitable corporations. They have made a successful business model of saving money by reducing their carbon footprint.…





