9
A15: Yes. Drawing on the extensive evidence of that major investor-owned fossil
fuel companies bear distinctive responsibilities for climate change, I propose
that companies should take the following actions:
•
Renounce disinformation. Stop all corporate support for disinformation
on climate science and policy, including affiliation with or funding of
lobbying groups involved in spreading disinformation.
•
Plan for a world free from carbon pollution. Align the company’s
business model with a carbon-constrained world consistent with the
goal of keeping warming well below a 2°C increase above preindustrial levels, as established in the Paris Climate Agreement.
•
Support fair and effective climate policies. Consistently and actively
advocate for fair and effective policies to reduce heat-trapping
emissions at the subnational, national, and international levels.
•
Fully disclose climate risks. Fully disclose the financial and physical
risks of climate change to the company’s business, including its
infrastructure and reserve assets.
•
Pay their fair share of climate costs. Agree to pay a share of the costs
of climate-related damages and climate change adaptation, particularly
to support the worlds’ most climate vulnerable nations and
communities.
Q16: Are you ready and willing to swear this Statement under oath before the
Philippine Commission on Human Rights, if required to do so?
A16: Yes.
16 March 2018
_________________________
Peter C. Frumhoff, PhD
(Signature and date of signing)