In 2017, corporations all across the U.S. received a 14% decrease in their federal corporate tax rates. Where they used to pay a 35% tax rate, they suddenly only had to pay a 21% tax rate. To put that into context, Patagonia, an outdoor apparel company, saved $10 million in one single year.
SC Johnson is a behemoth of a company, spanning over 8,700 products and 23 different brands. In 2017, they had estimated sales of $10 billion. Their products include Ziploc and Saran, both selling products that have been linked to climate change.
According to their website, the SC Johnson brand is “committed to operating in an environmentally responsible manner.” According to their site, “that means taking a look at our operations and finding where we can lessen our impact by reducing global manufacturing waste and greenhouse gas emissions, and increasing our use of global energy from renewable sources.”
Patagonia recently announced that it will be donating the $10 million they received in tax breaks to different nonprofit environmental groups “committed to protecting air, land and water and finding solutions to the climate crisis.”
If Patagonia can do it, so can SC Johnson — a company who has made sustainability and environmental efforts a huge part of their brand platform.
Action means a lot more than words. SC Johnson has been working on projects like finding innovative waste-reduction solutions and turning to alternative energy, and that’s great. But it would be so impactful if they were to donate the money they wouldn’t have had if not for this tax break to causes that matter for the sustainability of our planet’s future.
On top of this, SC Johnson donating this money would mean that other companies would be pressured to follow suit. To save this planet from devastation, we need companies like SC Johnson to step up. SC Johnson: Donate your 2018 tax returns to environmental cleanup efforts now.