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Major U.S. firms urge Biden administration and Congress to support an infrastructure package

By Curt Anderson
May 11, 2021 3:03 pm
Category: Government

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The businesses supporting the Biden infrastructure package would seem to be the Republicans' natural constituency and donor class.
On May 12, CEOs and representatives from more than 80 of the largest U.S. businesses and investors, including Amazon, Best Buy, Boston Trust Walden, DSM North America, Danone North America, Dow Inc., Gap, Inc., Hannon Armstrong, HP Inc., JLL, LafargeHolcim, Levi Strauss and Co., Nestlé, Novozymes, McDonald’s, New Belgium Brewing, New York State Common Retirement Fund, Mars, Inc., PepsiCo, PSEG, Salesforce, Seventh Generation, Siemens, and Uber, will call on the Biden administration and a bipartisan group of federal lawmakers to support a robust infrastructure package that will address the climate crisis and advance environmental justice.

The participating businesses and investors collectively represent all 50 states, combined annual revenues of more than $1.4 trillion, $341 billion in assets under management, and more than three million U.S. employees. They are calling for ambitious climate policy action that will build a more resilient, equitable and inclusive net-zero emissions future. Together, the group spans across the U.S. economy, including retailers, manufacturers, healthcare services, food and beverage companies, outdoors industries, technology companies and energy providers.

Building off last month’s powerful call to action from more than 400 business and investor voices for an ambitious national climate target to reduce greenhouse gas emissions, LEAD on Climate 2021 comes as Congress considers an infrastructure package that has the potential to be one of the biggest investment opportunities in the clean energy future. In virtual meetings with officials from the Biden administration and members of the U.S. House and Senate on both sides of the aisle, participants will make the case for an infrastructure package that will put the U.S. on the path to net-zero emissions, invest in sustainable infrastructure, create good-paying jobs, and deliver justice to communities most harmed by climate pollution.

Specifically, businesses will call on lawmakers to:
Build back better, seeking to create a more just and resilient economy that addresses the urgent threat of climate change.
Ensure that investments in infrastructure prioritize emissions reductions, good-paying clean energy jobs, and environmental justice to secure a sustainable future for all.
Enact policies to mitigate climate risk and meet the federal climate target of cutting emissions by at least 50% below 2005 levels by 2030, on the path to net-zero emissions by 2050.

See the full list of participating businesses at the second link below.

Cited and related links:


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