BOSTON (TheStreet) -- Last month, the United Nations' Intergovernmental Panel on Climate Change released its latest report affirming that climate change is still occurring and asserting with 95% certainty that human activities are mostly to blame.
Much of the general public might not realize that this is the case, though, because some articles in the media seized on a few minor details of the IPCC report, exaggerating them or taking them out of context to make it sound as if climate change has stopped or is no longer relevant.
Meanwhile, 33 leading U.S. businesses -- including eBay (EBAY), Nike (NKE) and General Motors (GM) -- released a statement through the sustainability nonprofit Ceres and its Business for Innovative Climate & Energy Policy network supporting strong U.S. climate policies. And nearly 700 more companies have signed on to the "Climate Declaration" in the past month, most notably Microsoft (MSFT).
The signatories provide a total of approximately 475,000 U.S. jobs and generate a combined annual revenue of approximately $450 billion.
Many of these businesses have initiated their own internal policies and agendas for tackling climate change in the absence of federal legislation. Specifically, 102 companies from the combined 171 companies in the Fortune 100 and Global 100 have set goals to reduce their greenhouse gas emissions by 60%. And 24 of the companies plan to increase renewable energy use by 14% or more.