Business leaders bash Trump’s decision to withdraw from Paris climate accord

Corporate executives generally shy away from addressing hot-button political issues for fear of alienating customers.

But after President Donald Trump announced Thursday that he will withdraw the U.S. from the Paris climate change accord, a who’s who of Fortune Magazine cover models took to social media to criticize the decision.

Brad Smith, president of Microsoft Corp., said in a lengthy statement Thursday that the technology giant was “disappointed” with Trump’s decision.

“We believe that continued U.S. participation benefits U.S. businesses and the economy in important and multiple ways,” he said. “We remain steadfastly committed to the sustainability, carbon and energy goals that we have set as a company and to the Paris Agreement’s ultimate success. Our experience shows us that these investments and innovations are good for our planet, our company, our customers and the economy.”

Microsoft Chief Executive Satya Nadella added his own thoughts in a tweet, saying: “We believe climate change is an urgent issue that demands global action. We remain committed to doing our part.”

Apple Chief Executive Tim Cook said he spoke with Trump on Tuesday to try to persuade him to keep the U.S. in the Paris accord on global warming, “but it wasn’t enough.”

In a letter obtained by the Los Angeles Times, Cook told employees late Thursday afternoon that Trump’s decision “will have no impact on Apple’s efforts to protect the environment.”

“Our mission has always been to leave the world better than we found it,” he wrote. “Climate change is real and we all share a responsibility to fight it.”

Twitter Inc. Chief Executive Jack Dorsey called Trump’s decision to pull the U.S. out of the Paris agreement an “incredibly shortsighted move backwards by the federal government.”

Walt Disney Co. Chief Executive Robert Iger also said Thursday that he resigned from Trump’s business advisory panel because of the withdrawal from the Paris agreement.

At Disney’s shareholder meeting in March, Iger defended his decision to be involved with the council, saying he wanted to be “in the room where it happens.”

General Electric Chief Executive Jeff Immelt said Thursday that he was “disappointed” with the decision.

Meg Whitman, chief executive of Hewlett Packard Enterprise, made one last attempt to dissuade the president in a televised interview on CNBC on Thursday before the decision was announced.

“Please do not withdraw from the Paris climate accord,” she said. “This is not in the best interest of Americans. I think this will be a big mistake if he withdraws from the Paris climate accord."