Companies may maintain a low profile about climate change while the Trump administration is in power, but they have strong financial incentives to continue to reduce their emissions and their own climate risks.
Each of those groups knows it will face increasing costs from rising temperatures and extreme weather if corporations don't rein in their greenhouse gas emissions. Many companies will find that returning to past polluting ways isn't in their best interest. Over 60% of chief financial officers surveyed by global management firm Kearney in December 2024 signaled that they intended to invest at least 2% of their revenue in sustainability in 2025. These companies may maintain a low profile about climate change while the Trump administration is in power, but they have strong financial incentives to continue to reduce their emissions and their own climate risks. Subscribe to the Compass newsletter. Fast Company's trending stories delivered to you daily Privacy Policy | Fast Company Newsletters We study private environmental governance—the ways companies and organizations work outside government to improve the nation's sustainability and reduce environmental damage. Our work finds that, in this polarized era, addressing climate and sustainability challenges is not just a matter of government action. That's because a lot of climate and sustainability progress is underway in the private sector.…