Yesterday’s withdrawal from the Paris Agreement by the US Federal Government is not good news. However, businesses from around the world will not give up and will double down on their commitments to work together, in order to continue to find new and rewarding solutions in all countries of the world. The Paris Agreement has made the transformation to a low-carbon economy inevitable. This transition will in the long run be the only way to deliver successful financial results for companies, strong economies with jobs everywhere and a planet that is liveable for all.
I’ve received many questions over the past few months about Ingersoll Rand’s commitment to reducing energy demand and greenhouse gas (GHG) emissions. Those questions intensified this week with news of the United States’ withdrawal from the Paris Agreement on climate change.
We are disappointed by the decision of the United States to leave the Paris Agreement, a historic global accord to combat climate change and protect our planet for future generations. Despite this setback, there is also cause for optimism. The Paris Agreement has activated an unstoppable momentum for climate action, with an essential role spelled out for responsible business.
In 2016, after a decade of planning and debate, airlines and the FAA finally greenlit key updates to outdated tracking, navigation, and communication technologies. JetBlue is investing $60 million in NextGen technology to create much-needed efficiencies and reduce emissions.
Air pollution remains an unseen global killer – with nearly 6.5 million deaths a year attributed to pollution we breathe every day – that's four times the amount of people killed on the world's roads, according to The Guardian. In fact, in the U.K. alone, high levels of NO2 cause more than 60 premature deaths a day. Now, one company is harnessing its passive advertising to help reduce that number – not only transforming a static image into a NO2 trapping powerhouse, but also raising awareness of an important new technology.
In recent weeks, National Grid joined several of the largest companies in the United States to urge President Trump to keep the U.S. in the Paris Agreement on climate change.
Following yesterday's announcement that the United States will withdraw from the Paris Climate Agreement, Xylem, a leading global water technology company, issued a statement affirming its support for the agreement.
The complete removal of plastic from the world's oceans has moved a step closer after AkzoNobel joined forces with The Ocean Cleanup to help turn the tide on marine pollution. The partnership involves AkzoNobel providing advanced, biocide-free coatings technology for all the devices and equipment used by The Ocean Cleanup for the next five years.
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