Major CEOs Call for Net-Zero Emissions Goal
CEOs of some of the worldâ€™s largest companies including Virgin founder Richard Branson and Unilever chief Paul Polman have called on world leaders to commit to a global goal of net-zero greenhouse-gas emissions by 2050 at theÂ climate talks in Paris this December â€” and urged business leaders to match this by committing to long-term targets.
The B Team Leaders, which also include Tata Internationalâ€™s Ratan Tata, telecoms billionaire Mo Ibrahim and Huffington Post founder Arianna Huffington, say that by committing to net-zero GHG emissions by 2050, governments will demonstrate they are setting the world on a clear, low-carbon trajectory. They say businesses will respond by embedding climate action into their strategies, which will drive investment in clean energy, scale-up low-carbon services and technologies, create jobs and support economic growth.
The announcement comes a week before climate negotiators meet in Geneva work on a draft of the Paris climate deal.
Branson and former Puma CEO Jochen Zeitz in 2013 formed the global nonprofit to help companies develop a new way of doing business â€” a Plan B â€” that puts â€śpeople and planet alongside profit.â€ť
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