New report suggests corporate climate change pledges aren’t that valuable

A trader monitors offers in the Standard & Poor’s 500 stock index options pit at the Chicago Board Options Exchange (CBOE) on August 24, 2015 in Chicago, Illinois. 
A trader monitors offers in the Standard & Poor’s 500 stock index options pit at the Chicago Board Options Exchange (CBOE) on August 24, 2015 in Chicago, Illinois.  | Photo by Scott Olson/Getty Images

Many S&P 100 companies that claim to care about climate change are either ignoring or derailing policies that could provide solutions to the crisis, a new report finds. A whopping 92 percent of companies on the S&P 100 index in 2019 have pledged to cut down their own planet-heating emissions, but just 40 percent are actually pushing lawmakers to address the climate crisis, and 21 percent have advocated against science-based climate policy over the past five years.

So while companies might sell themselves to consumers as planet-friendly, they’re not necessarily having the same conversations with decision-makers who are most...

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