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Published on: March 31, 2023
Business Leadership in Global Climate Change Responses
Daniel C Esty1, Michelle L Bell1
1Daniel C. Esty is with the Yale Law School and the Yale School of Forestry and Environmental Studies, New Haven, CT. Michelle L. Bell is with the Yale School of Forestry and Environmental Studies.
Abstract:
In the 2015 Paris Climate Change Agreement, 195 countries committed to reducing greenhouse gas emissions in recognition of the scientific consensus on the consequences of climate change, including substantial public health burdens. In June 2017, however, US president Donald Trump announced that the United States would not implement the Paris Agreement. We highlight the business community's backing for climate change action in the United States. Just as the US federal government is backing away from its Paris commitments, many corporate executives are recognizing the need to address the greenhouse gas emissions of their companies and the business logic of strong environmental, social, and governance practices more generally. We conclude that climate change could emerge as an issue on which the business and public health communities might align and provide leadership.
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