Like COP21 in Paris last December, the Climate Action Summit brings together policy makers and private companies, which will be directly affected by climate policies in the transition to a low-carbon economy. It’s a good idea for executives to get involved at the summit, or at least pay close attention from the sidelines.
Businesses can expect stricter carbon pollution regulations coming soon — and that’s not necessarily a bad thing, according to some. We saw this reasoning explained in companies’ briefs supporting the EPA’s Clean Power Plan last week, with major tech firms Apple, Google, Amazon and Microsoft, along with Ikea and Mars … Read more »
Setting science-based targets to tackle climate change “will drive innovation inside the companies; it will be a signal of leadership, it will bring cost reductions, it will bring disrupting technology and business models,” says Pedro Faria, technical director, CDP, in The Climate Group’s Climate TV interview.
The world’s 195 countries signed a historic climate agreement this weekend in Paris at COP21. And although the agreement doesn’t bind businesses to making and reporting on emissions cuts, it will require ambitious efforts by private corporations, according to COP21 attendees. “At COP 21 businesses showed they supported an ambitious … Read more »
Some 114 companies — including Ikea, Coca-Cola Enterprises, Walmart, Kellogg and Dell — have committed to set emissions reduction targets in line with what scientists say is necessary to keep global warming below the dangerous threshold of 2 degrees Celsius, according to the Science Based Targets initiative. The announcement was made … Read more »
Kellogg has announced new science-based emissions targets to reduce greenhouse gas emissions across its operations 65 percent and help its suppliers reduce their emissions 50 percent by 2050 against a 2015 baseline. Science Based Targets is a joint initiative by CDP, the UN Global Compact, the World Resources Institute and … Read more »