Leaders of industries haven’t historically been leaders on climate change.
Then why would Tim Cook, Elon Musk, Bob Iger and Jeff Immelt — a veritable who’s who of Fortune magazine cover models — so vocally criticize President Trump’s move to withdraw the U.S. from the Paris climate accord?
Leave politics and platitudes about saving the planet aside, experts say, because the companies’ positions on the Paris accord boil down to their business interests.
“It’s all about who their stakeholders are,” said Shon Hiatt, a professor of business administration at USC. “For multinational enterprises, they need to represent stakeholders, not just in the U.S., but all over the...