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emahlee's profile
Emily Cunningham
Emily Cunningham
Emily Cunningham
@emahlee

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Emily Cunningham

@emahlee

Founding member of @AMZNforclimate. UX designer calling for climate leadership from Amazon. Fired for raising the alarm about climate and covid-19. She/her.

dxʷdəwʔabš land
seattletimes.com/business/amazo…
Joined December 2008

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    1. Emily Cunningham‏ @emahlee 20 Apr 2019
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      What are the maximum risks Amazon has that investors need to know? Shareholders need transparency on climate stress tests. This kind of mechanism is a big thing being used in Europe right now. 26/

      1 reply 0 retweets 12 likes
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    2. Emily Cunningham‏ @emahlee 20 Apr 2019
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      In Europe, climate stress tests mostly dive into holdings and assets. Ex: "If there were to be a sudden adjustment—a carbon bubble—would you still be a solvent bank if all fossil fuel companies lost 40% of their value?" But Amazon shareholders need more stresses tested. 27/

      1 reply 0 retweets 9 likes
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    3. Emily Cunningham‏ @emahlee 20 Apr 2019
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      Amazon shareholders and investors need strategic assessment of valuation: —If there were a carbon bubble and a market adjustment —If a serious carbon tax was imposed —If there were a 20 point shift in public opinion on the climate issue 28/

      1 reply 0 retweets 10 likes
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    4. Emily Cunningham‏ @emahlee 20 Apr 2019
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      Again: CLIMATE IS A FUNDAMENTAL, STRATEGIC DRIVER OF AMAZON'S RISKS AND OPPORTUNITIES. This is an emerging awareness, but now that we understand, we have to act. We must also do these climate stress tests to understand it more clearly. 29/

      1 reply 0 retweets 13 likes
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    5. Emily Cunningham‏ @emahlee 20 Apr 2019
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      An added benefit of acknowledging that climate is a fundamental driver of risks and opportunities: it puts pressure on related industries to acknowledge the same thing. This is happening with real estate investments. 30/

      1 reply 0 retweets 7 likes
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    6. Emily Cunningham‏ @emahlee 20 Apr 2019
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      Real estate investor institutions are having to acknowledge that climate change is a major risk, because someone else has already said it. 2017 saw close to $300B in damages for the real estate industry. The more people admit risk, the more everyone has to. 31/

      1 reply 2 retweets 9 likes
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    7. Emily Cunningham‏ @emahlee 20 Apr 2019
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      Considering all of this, Amazon Board's recommendation “AGAINST” the climate change resolution seems... ridiculous and extremely short sighted. 32/

      1 reply 0 retweets 14 likes
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    8. Emily Cunningham‏ @emahlee 20 Apr 2019
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      Their first sentence in explaining their recommendation against the climate resolution says they agree with the "importance of planning for potential disruptions posed by climate change and on reducing our dependence on fossil fuels" 33/ https://www.sec.gov/Archives/edgar/data/1018724/000119312519102995/d667736ddef14a.htm …

      2 replies 0 retweets 7 likes
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    9. Emily Cunningham‏ @emahlee 20 Apr 2019
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      But then they follow that sentence saying, "We have a history of commitment to sustainability, through innovative programs such as Frustration Free Packaging..." Really, you're going to lead with... packaging? 34/

      1 reply 0 retweets 13 likes
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    10. Emily Cunningham‏ @emahlee 20 Apr 2019
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      There's clearly a ways to go for Amazon to understand climate as a strategic driver for the business in terms of the very real, near, and significant risks it poses, and also the opportunities it offers. Investors want transparency wrt these risks and opportunities. 35/

      1 reply 0 retweets 13 likes
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      Emily Cunningham‏ @emahlee 20 Apr 2019
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      Before I end, I again want to thank @AlexSteffen for taking the time to chat and share his thinking with me, which this entire thread is based on. /fin

      2:04 PM - 20 Apr 2019
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      • a literal panda Rebecca Deutsch City Atlas Tobias Laatsch (⧖) Suparerk Viriyakorkitkul Merci Beaucoup Arsene Eve Thorne Grace Stahre Nuclear Football 🇪🇺🇦🇹 🌏
      3 replies 1 retweet 14 likes
        1. Brent Schulkin‏ @schulkin 20 Apr 2019
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          Replying to @emahlee @AlexSteffen

          Brent Schulkin Retweeted Brent Schulkin

          Great thread... you mention the brand risk to Amazon, and we have a plan to reveal the size of that risk using financial data from @MoneyVoice. You may enjoy this whole thread...https://twitter.com/schulkin/status/1115694997213306880 …

          Brent Schulkin added,

          Brent Schulkin @schulkin
          26/ Here's an example from our initial beta test period. An Amazon customer asked Amazon to embrace a climate solution, other customers voted for it, and now Amazon can see that the customers who want this have made 1,194 purchases and spent $470,572.02. https://moneyvoice.com/biz/5/f/203 
          Show this thread
          0 replies 0 retweets 1 like
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        1. Paul Johnston - knows some stuff about stuff‏ @PaulDJohnston 21 Apr 2019
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          Replying to @emahlee @AlexSteffen

          Did a talk on the Risks of Climate Change for tech with a Climate Scientist @climate_ice at QCon London. Went into a lot of what you're talking about but in 25 minutes you can't go into much detail. Also it's so new to most people. #climatechange #riskhttps://www.infoq.com/presentations/vision-climate-change …

          0 replies 0 retweets 1 like
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        2. Bec‏ @beccanalia 20 Apr 2019
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          Replying to @emahlee @AlexSteffen

          @threadreaderapp unroll

          1 reply 0 retweets 0 likes
        3. Thread Reader App‏ @threadreaderapp 20 Apr 2019
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          Replying to @beccanalia

          Hallo there is your unroll: Thread by @emahlee: "The climate crisis poses *significant* financial risks to Amazon. And not just in the usual ways one expects, like disru […]" #FridaysForFuture https://threadreaderapp.com/thread/1119687611667193856.html … Have a good day. 🤖

          0 replies 0 retweets 1 like
        4. End of conversation

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