Mercedes, Nike, Starbucks, Others Found Climate Group
July 21 2020 - 4:36AM
Dow Jones News
By Dieter Holger
Mercedes-Benz AG, Nike Inc. and Starbucks Corp. are founding
members of a new coalition of nine companies aimed at achieving
net-zero greenhouse-gas emissions no later than 2050.
The Transform to Net Zero coalition said Tuesday that the
initiative would follow nine principles, including placing
environmental goals at the top of corporate management, disclosing
more data and additional investments in climate-change technology.
The nonprofits Environmental Defense Fund and BSR are also
involved.
"Our mission at Mercedes-Benz is CO2-neutral mobility," said Ola
Kaellenius, chairman of the management board at Daimler AG and
Mercedes-Benz, in prepared remarks. "We are making good progress
towards this end and we are determined to follow through."
The other members are shipping company A.P. Moeller-Maersk AS,
cosmetics maker Natura & Co. Holding SA, home-goods giant
Unilever PLC, software titan Microsoft Corp., food company Danone
SA and Indian tech-service provider Wipro Ltd.
Write to Dieter Holger at dieter.holger@wsj.com;
@dieterholger
(END) Dow Jones Newswires
July 21, 2020 04:21 ET (08:21 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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