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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 16 Aug 2019
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      2) certain industries are the canary in the coal mine. For instance, the insurance and coastal real estate industries. 4/

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    2. Emily Cunningham‏ @emahlee 16 Aug 2019
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      3) how freak'n costly climate chaos is! Damn. But reading the replies in your "inverted yield curve" thread, maybe we can keep borrowing from ourselves and since our national debt doesn't really matter, it's not really something to worry about? 5/

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    3. Emily Cunningham‏ @emahlee 16 Aug 2019
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      4) the inevitability of the carbon bubble pop. Fossil fuel companies' valuation is based on reserves of oil being used. But... if that were to happen, the results would be truly catastrophic. More and more people are realizing this, which shakes investor confidence. 6/

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    4. Emily Cunningham‏ @emahlee 16 Aug 2019
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      4 continued) Since so much of our economy is based on fossil fuels, and a smooth transition to renewable energy seems unlikely, this seems like a big, ah, stresser. 7/

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    5. Emily Cunningham‏ @emahlee 16 Aug 2019
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      Emily Cunningham Retweeted Emily Cunningham

      And it's why I'm trying to closely follow shifts the fossil fuel to solar/wind transition. I'm an absolute novice in this subject, so trying to read and learn as much as I can - fast! Got excited about this 👇 8/https://twitter.com/emahlee/status/1162180541577220096 …

      Emily Cunningham added,

      Emily Cunningham @emahlee
      THIS IS BIG. Fossil fuel use *could* peak before 2030. From @harrybenham_1, a 30 year Oil & Gas veteran, now in energy transition: "Ponder this a second: an energy system dominant for over 150 years is within about 4-5 years of being overthrown." THREAD https://www.dollarsperbbl.com/2019/08/09/changing-our-energy-legacy/ …
      Show this thread
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      Show this thread
    6. Emily Cunningham‏ @emahlee 16 Aug 2019
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      Emily Cunningham Retweeted Emily Cunningham

      I'm also trying to follow what's happening in finance. Seems very big. Thread on how central bankers, fund managers, global investors are all sounding the alarm. 👇 9/https://twitter.com/emahlee/status/1131794951811919874 …

      Emily Cunningham added,

      Emily Cunningham @emahlee
      Replying to @PurposefulWit
      The market is shifting; the carbon bubble pop is inevitable & it won't be pretty. Companies not planning for rapidly transitioning off of fossil fuels are putting themselves at risk. Central bankers, fund managers, global investors are raising the alarm. https://twitter.com/AlexSteffen/status/1120207762779099136 …
      1 reply 0 retweets 0 likes
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    7. Emily Cunningham‏ @emahlee 16 Aug 2019
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      Anywho, this thread is getting entirely too long. It's been hard to find those who are both finance experts AND understand the enormity of climate and its impacts. Most finance peeps still operate in the old paradigm that doesn't consider/ "get" climate. Merci! /end

      1 reply 0 retweets 0 likes
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    8. Heidi N. Moore‏Verified account @moorehn 16 Aug 2019
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      Replying to @emahlee

      i do have a few thoughts in this but let me organize them. for one thing, for instance: action on climate-change is one thing that companies are judged on for “sustainability,” which is a hot topic in investing. Investors want sustainable companies. HOWEVER…

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    9. Heidi N. Moore‏Verified account @moorehn 16 Aug 2019
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      Replying to @moorehn @emahlee

      …a lot of “sustainability” is just self-reported stats from companies, many of them meaningless. So companies can just say they’re sustainable without anyone really being able to check. There’s a lot more on this as well, I have some notes. Give me a couple of days! ty.

      1 reply 0 retweets 0 likes
    10. Emily Cunningham‏ @emahlee 16 Aug 2019
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      Replying to @moorehn

      Emily Cunningham Retweeted Emily Cunningham

      Thanks! I became interested in this because I co-filed, along with other Amazon employees, a climate shareholder resolution (which then started a much bigger movement at Amazon). I began to think about the business / financial angle much more.https://twitter.com/emahlee/status/1074441121391042565 …

      Emily Cunningham added,

      Emily Cunningham @emahlee
      I'm one of the Amazon employees quoted in this NYT article. I want to add to @kateconger's reporting and provide more context on WHY I decided to take this action and to be so public about it. Climate change is the issue of our lifetimes. 1/X https://www.nytimes.com/2018/12/16/technology/tech-workers-company-stock-shareholder-activism.html …
      Show this thread
      2 replies 0 retweets 1 like
      Emily Cunningham‏ @emahlee 16 Aug 2019
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      Replying to @emahlee @moorehn

      (Btw, I'm just gonna get out a bunch of thoughts – no need to respond.) I'd never filed a resolution (or even voted! as a shareholder). This was all new to me. But since I was taking this action, I wanted to think about any levers to make Amazon care / do something.

      11:56 PM - 16 Aug 2019
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        1. Emily Cunningham‏ @emahlee 17 Aug 2019
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          Replying to @emahlee @moorehn

          Emily Cunningham Retweeted Emily Cunningham

          And yes, totally understand limitations of self reported stats and that investors do want companies to be "sustainable". ISS and Glass Lewis sided with us on our climate shareholder resolution:https://twitter.com/emahlee/status/1126931128105951233 …

          Emily Cunningham added,

          Emily Cunningham @emahlee
          🙌 This is a BIG WIN for the 7,300 Amazon employees asking the company to adopt our climate plan shareholder resolution! The two largest proxy advisors to institutional investors are siding with us! It's time for Amazon to stand with employees... and now its investors! https://twitter.com/AMZNforClimate/status/1126922811975409664 …
          1 reply 0 retweets 0 likes
        2. Emily Cunningham‏ @emahlee 17 Aug 2019
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          Replying to @emahlee @moorehn

          Emily Cunningham Retweeted Emily Cunningham

          In this thread I talked about (among other things), climate "stress tests" and how they're being used in Europe. This helps give investors a window into how vulnerable they are.https://twitter.com/emahlee/status/1119708505596780545 …

          Emily Cunningham added,

          Emily Cunningham @emahlee
          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/
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