WASHINGTON (July 27, 2015)— Executives from 13 major U.S. corporations including Apple Inc., Goldman Sachs Group Inc., and Berkshire Hathaway Energy Co. joined White House officials today to announce at least $140 billion in low-carbon investments from the private sector. WRI has worked with many of these companies on climate and energy issues through its Corporate Consultative Group and other working groups.

Following is a statement from Kevin Moss, global director, Business Center, World Resources Institute:

“Today’s pledges give a clear signal that companies are ready to take bold action to address climate change.

“These companies are making a pragmatic choice, recognizing that climate change can create unacceptable business risks. It is simply smart practice for corporate leaders to manage these risks and seize opportunities in the growing low-carbon economy.

“These pledges add to the growing momentum for a strong international climate agreement in Paris this December. As businesses join political and spiritual leaders in the call for climate action, the United States is staking out a leadership position. These companies have added a new dimension to American leadership on climate change.”