![]() ![]() ![]() Although these companies account for 90% of Berkshire Hathaway’s subsidiaries’ emissions, these commitments provide reasons for weak praise. For example, it announced in its 2021 Annual Report that two of its subsidiaries, Berkshire Hathaway Energy (BHE) and BNSF, reduced their greenhouse gas emissions and set targets. It’s puzzling, then, that Berkshire still applauds its commitments. And, only 14 have joined Berkshire Hathaway’s Sustainability Leadership Council. Out of its 62 subsidiaries, only three have set science-based targets: Burlington Northern Santa Fe (BNSF), Brooks, and Fruit of the Loom. It is clear that Berkshire Hathaway is not meeting industry norms for social responsibility. Today’s customers, employees, and partners are asking more of companies and the wealthy people that control them. It’s time for billionaires like Warren Buffett, Jeff Bezos, and Elon Musk to bring their philosophies on corporate purpose and impact into the 21 st century.
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