PG&E, Apple, 300+ other companies urge Biden admin to set ambitious federal climate target

Read the full story at Utility Dive.

A group of multinational corporations — including Apple, Microsoft and Walmart — and small to medium enterprises have signed a letter urging the Biden administration to pursue an ambitious federal climate target, or national determined contribution (NDC), that will reduce greenhouse gas (GHG) emissions at least 50% below 2005 levels. 

Led by the “We Mean Business” coalition and nonprofit sustainability advocacy group Ceres, the companies that signed the letter each have business operations in the U.S. and share the goal to halve emissions over the next decade to help the country reach net zero emissions by 2050. 

The CEOs of investor groups CDP, Ceres and Principles for Responsible Investment also signed a second open letter that urges the Biden administration and Congress to pursue strong federal climate actions, particularly as the Federal Reserve has identified climate change as a “systemic risk to the stability of the U.S. financial system,” the letter states. 

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