1. Your good friend and classmate Mary, an ardent environmentalist, maintains that Campbell Soup needs to adapt a sustainability statement and invest in new programs inside and outside the company to combat climate change. The Notes to the Financial Statements contain the following statement from the company:

Environmental Matters

We have requirements for the operation and design of our facilities that meet or exceed applicable environmental rules and regulations. Of our $384 million in capital expenditures made during 2019, approximately $29 million were for compliance with environmental laws and regulations in the U.S. We further estimate that approximately $13 million of the capital expenditures anticipated during 2020 will be for compliance with U.S. environmental laws and regulations. We believe that continued compliance with existing environmental laws and regulations (both within the U.S. and elsewhere) will not have a material effect on capital expenditures, earnings or our competitive position. In addition, we continue to monitor existing and pending environmental laws and regulations within the U.S. and elsewhere relating to climate change and greenhouse gas emissions. While the impact of these laws and regulations cannot be predicted with certainty, we do not believe that compliance with these laws and regulations will have a material effect on capital expenditures, earnings or our competitive position. (2019 10K, p. 5)

In your own words, construct an argument for or against Marys viewpoint. Consider the companys statement above and be sure to identify any strengths or weaknesses you see in that statement relative to the viewpoint you are developing as well as your argument for the appropriate focus of the company. Construct a supported argument. in 200 words, clearly written with appropriate grammar and spelling.