August 19, 2021
Earnings Calls: Climate Change Getting More Air Time
This Axios article says that climate change has been getting more attention in S&P 500 companies’ Q2 earnings calls. The article cites to a few examples of companies that gave specific info about ESG activities:
– Qualcomm: “As part of our ongoing ESG efforts, we recently started purchasing 100% renewable solar energy for our San Diego headquarters.”
– Interpublic Group of Companies: “[We] announced an action plan that consists of 3 climate roles: committing to set a science-based target; sourcing 100% renewable electricity by 2030; and joining The Climate Pledge, co-founded by Amazon in Global Optimism.”
– Caterpillar: “Our 2020 sustainability report highlights 7 new environmental, social and governance goals we’ve set to achieve by 2030. … One of these goals is to ensure that 100% of Caterpillar’s new products through 2030 will be more sustainable than the previous generation.”
– Liz Dunshee