IBM, Bank of America Trying to Avoid Climate Fight With Peers

Climate-oriented firms should frame carbon-cutting and clean energy policies as better business opportunities for all, rather than attacking corporate opponents of climate regulation, several executives said March 21.

The strategy—outlined by executives from Bank of America, Mars Inc., IBM Corp., and Ingersoll Rand Inc.—offers a glimpse at how companies with long-term greenhouse gas cutting goals and clean-energy investment ambitions are working to build momentum for nationwide policies to address the issue.

But it also underscores the challenge they face as they confront corporate peers with a stake in maintaining fossil fuel resources, companies that are often vigorously fighting ...