Nestle, Volvo among 130 companies urging COP28 agreement to ditch fossil fuels::Companies including Nestle , Unilever , Mahindra Group and Volvo Cars are urging political leaders to agree a timeline at the upcoming U.N. climate summit to phase out fossil fuels.
Nestlé’s business depends on the availability of crops that are at risk because of climate change, including chocolate and coffee. As it’s patently clear what their self interest is in this, we can trust they are being honest this time.
I guarantee 100% of the 130 companies have determined they will be less profitable the worse climate change gets.
It’s actually insane when you think with it, as the vast majority of businesses will be worse off, yet a minority are concerned with the current trajectory.