I'm quoted in this piece along with my badass @AMZNforClimate colleagues @IftikharRajit and @EbexSheppard.
Thanks for your reporting, @benpiven.https://twitter.com/benpiven/status/1140997872881676288 …
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@benpiven asked me: "Do you fault shareholders for voting down your proposal if they are first and foremost concerned with the AMZN stock price?"Show this thread
My email response, which is partially captured in the article.
(I quote from a must-read thread by @AlexSteffen.)pic.twitter.com/UWkJL4SAbU
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"The framing that companies taking meaningful climate action is somehow bad for business, or harmful to shareholders itself comes from the carbon lobby's decades-long misinformation campaign. It simply isn't true."
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I then quote from
@Alexsteffen's must-read thread, specifically tweets 8 and 9:https://twitter.com/AlexSteffen/status/1018861315237076992 …Show this thread -
Link to my thread explaining how the climate crisis poses significant risk to Amazon:https://twitter.com/emahlee/status/1119687611667193856 …
The climate crisis poses *significant* financial risks to Amazon. And not just in the usual ways one expects, like disruptions to business operations. What and how big are these risks? Investors need transparency on Amazon's risk assessment and management plans. THREAD
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This paradigm shift is beginning to show across all sectors of our society, including the financial sector. Central bankers, fund managers, global investors are all sounding the alarm. We are in the middle of a
#ClimateEmergency. Thread
https://twitter.com/emahlee/status/1131794951811919874 … https://twitter.com/Salon/status/1131939177464045569 …Show this thread -
One more thing: our letter -- which almost 8,000 Amazon employees have signed -- specifically calls out issues with Shipment Zero including that it doesn't "commit to a decrease in emissions compared to current levels."https://medium.com/@amazonemployeesclimatejustice/public-letter-to-jeff-bezos-and-the-amazon-board-of-directors-82a8405f5e38 …
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Report: GE lost $193 billion in 3 years — almost 3/4s of its market capitalisation — by 'misjudging' renewables Amazon *NOT* having a companywide plan to rapidly transition off fossil fuels should be a concern for those worried about AMZN stock price.https://twitter.com/emahlee/status/1140552712360099841 …
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End of conversation
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