The companies represent $932 billion in revenue and 476 million tonnes of annual greenhouse gas emissions. Their commitment to align their emissions-reduction goals with what the latest climate science says is necessary to limit warming to 2 degrees C will make a huge impact.
The private sector generates more than 60 percent of gross domestic product, and micro and small enterprises in developing countries provide around 60 percent of all jobs. So boosting businesses’ resiliency is critical for boosting community resiliency.
Just 10 years ago, many corporate executives wouldn’t even say the words “climate change.” Now, hundreds are taking action by setting internal prices on carbon, adopting science-based emissions targets and signing climate action pledges.
There has never been a better time to ask: what are you doing to price carbon?
Hundreds of companies are now pricing carbon, and hundreds more expect to in the next couple years. An internal price on carbon is emerging as a useful tool for integrating climate change considerations—specifically the value of reducing carbon dioxide and other greenhouse gases (GHGs)—in business decisions.
A new ...
WASHINGTON (November 27, 2015)—Yesterday, Unilever announced a number of new sustainability commitments ahead of the Paris climate talks (COP21), including a goal to become "carbon positive" by 2030.
The company announced the following goals for its operations:
The strongest message corporations can send ahead of COP 21 is to set an emissions-reduction target in line with what science says is necessary to limit warming to 2°C.
Journalists, investors and more are increasingly asking companies: How are your trade associations influencing climate policy?
The upcoming decisions at the Paris negotiations present an opportunity to put our global community on the right path, providing appropriate short-term signals for investors and innovators, as well as a strong long-term signal that guides the phase-out of greenhouse gas pollution.
Driving Transformative Change: The Role of the Private Sector in Advancing Short-term and Long-term Signals in the Paris Climate Agreement
The upcoming decisions at COP21 present an opportunity to put our global community on the right path, providing appropriate short-term signals for investors and innovators as well as a strong long-term signal that guides the phase out of greenhouse gas pollution. The private sector can play a...