The Business Case

1. Driving innovation

Following the suggested action plans, our company will accelerate technical innovations and optimize solutions in key fields. It is important to accomplish low-carbon development from materials to production and application, to explore the way of harmonizing the industry with nature.”Zhiping Song, Chairman, China National Building Materials Group

2. Achieving emissions reductions

Taken together, LCTPi efforts could deliver 65% of the emissions reductions needed to remain under the 2°C limit while channeling $5-10 trillion of investment toward low-carbon sectors of the economy and support 20-45 million person-years of employment.

3. Identifying solutions

With a recent International Transport Forum study projecting that freight volumes could quadruple by 2050, the Low-carbon Freight initiative is an important catalyst to spearhead solutions to help manage and mitigate transport sector emissions. UPS is glad to collaborate, innovate and share our learnings.”Alan Gershenhorn, Executive Vice President and Chief Commercial Officer for UPS

4. Helping to build scale

The companies engaged in REscale, the LCTPi for the renewables sector, are responsible for a significant increase in global installed renewable capacity. Data shows that the renewable capacity of REscale member companies increased by 22% from 2014 to 2015 – this is more than double the rate of increase in the global renewable capacity over the same period.

5. Becoming Paris compliant

Together, initiatives such as these have the potential to stimulate action towards achieving the Paris Accord and I encourage others to join us on this journey.”Jean-Pierre Clamadieu, CEO, Solvay