Arran Stephens, Nature’s Path Co-Founder & Co-CEO participates in Capitol Hill business convening to call for urgent federal climate action, including a meaningful price on carbon
(Washington D.C., May 22) —Nature’s Path joins more than 75 businesses today to collectively call on Congress to pass meaningful climate legislation including a price on carbon. The company is taking part in today’s Lawmaker Education & Advocacy Day (LEAD) on Carbon Pricing to meet with a bipartisan group of federal lawmakers. This is the largest business gathering on the Hill to advocate for climate legislation in over a decade.
“At Nature’s Path, we see firsthand the impact of climate change to our business and the many U.S. family farms where we source our ingredients. From droughts in North Dakota impacting our oat supply to severe weather in California impacting our ability to source organic raisins, rice and almonds domestically,” says Arran Stephens Co-Founder and Co-CEO of Nature’s Path Organic Foods. “It’s time for business and government to work together to implement policies to bring positive change to our planet, and I believe it begins with a national price on carbon.”
Arran Stephens and other business representatives are meeting one-on-one with lawmakers and congressional staff from both sides of the aisle in the House and the Senate to educate them on the economic impacts of climate change and the need for comprehensive and effective national climate policies. Hosted by Sen. Chris Coons (D-DE), these businesses will make the case for a strong and effective federal carbon price and share the private sector’s vision for comprehensive solutions to tackle climate change.
“At Nature’s Path, our major manufacturing plants are based in the U.S., and we call British Columbia (BC), Canada home. There has been a price on carbon in BC since 2008, and this tax has not hurt our business growth,” adds Stephens. “Like many businesses that rely on fossil fuels, we have had to adapt and make meaningful changes to our energy use and have set a goal for climate neutrality by 2020.”
Since its inception in 2008, the carbon tax in BC, Canada has been steadily increasing form $10 a tonne to its current price of $35 a tonne. As a result, BC reached its first greenhouse gas emissions reduction target of 6 per cent below 2007 levels by 2012, as set out in the Province’s Climate Action Plan. Private sector forecasters estimate BC real GDP grew by 2.3 per cent in 2018 – among the highest in Canada and above the national average of 2.1 per cent, and for the past 21 months BC has experienced the lowest rates of unemployment in Canada.
“We have many tools in our arsenal to fight climate change,” adds Jyoti Stephens, VP of Mission and Strategy for Nature’s Path and daughter of the company’s founders. “From purchasing renewable energy credits for all of our energy consumption since 2008, using regenerative organic farming practices and achieving zero-waste certification for all of our manufacturing facilities all helps to reduce our carbon impact.”
Climate change is a threat to the U.S. economy and our bottom line. The consequences of a warming world are becoming more clear, with recent scientific reports detailing the effects of climate change in the U.S. and across the globe. That is why Nature’s Path supports a federal carbon price as a critical policy needed to protect the United States and the world against climate change.
The businesses participating in LEAD include 20 Fortune 500 companies as well as trade associations, medium and small businesses collectively representing combined revenues of more than $1.7 trillion, a combined market valuation of nearly $2.5 trillion and more than 750,000 U.S. employees. Nature’s Path is standing with companies that span the American economy, including retail giants, manufacturers, oil majors, healthcare services, food and beverage companies, outdoors industries, technology companies and energy providers. A full list of business participants can be found here.
Wendy Kubota, Nature’s Path
About Nature’s Path Organic Foods
Nature’s Path Organic Foods, is the largest organic breakfast food company in North America. As a family-owned company, committed to the triple bottom line— socially responsible, environmentally sustainable and financially viable, Nature’s Path works diligently to support communities and champion the cause of people and planet. Brands include Nature’s Path®, Love Crunch®, Qi’a®, Que Pasa®, Flax Plus®, and EnviroKidz® and all are USDA, Canadian and UK Soils Association Certified Organic and Non-GMO Project Verified. Sold in over 50 countries around the world, Natures Path was founded in 1985 and employs hundreds of valued team members at its four facilities in Canada and the United States. Visit NaturesPath.com or follow on Twitter @NaturesPath and Instagram @NaturesPathOrganic