30 Years Later, Investors Still Lead The Way On Sustainability Home / News Center / Blog Posts / 30 Years Later, Investors Still Lead The Way On Sustain...
March 23, 2019 Mindy S. Lubber 30 Years of Impact Thirty years ago, a massive Exxon Valdez oil tanker spilled nearly 11 million gallons of oil into the pristine Prince William sound off Alaska’s coast, affecting 1,300 miles of coastline. It was the worst oil spill in the history of the United States. Local ecosystems were devastated, hundreds of thousands of birds and fish were killed, and the corporation was hit with more than a half billion dollars in liabilities.
Just one year before, Americans heard congressional testimony about a buildup of carbon dioxide and other industrial greenhouse gases that were gradually warming global atmospheric temperatures and starting to change the climate. In cities across the U.S., residents complained of smog and air pollution that were limiting their visibility and harming their lungs. Congressional leaders responded with amendments to strengthen one of the most important environmental laws to regulate air quality, the Clean Air Act.
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