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Progress

The Coalition plays a catalytic role in translating business ambition into real-economy outcomes. We’re driving coordinated business action and policy engagement to deliver measurable change at scale.

Amplifying the voice of business

Through coalition-led advocacy, we are mobilizing business voices across regions and sectors to call for policies that drive investment and innovation and strengthen the foundations of a competitive, resilient economy that benefits people.

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Fossil to Clean

Over 260 companies representing > $1.6 trillion in global annual revenue urged national governments to address the primary cause of climate change: burning fossil fuels. With our partners, we demonstrated how, with bold business and political leadership, we can scale clean energy and end our reliance on fossil fuels.

As the first global commitment to accelerate the transition away from fossil fuels, the UAE Consensus achieved at COP28 was another high level signal for real economy actors to accelerate the clean energy transition. We contributed to this outcome by driving forward high levels of ambition at the right time, with the right message, and influencing the right decision makers.

Fossil to Clean

Build Back Better

With leading businesses, we called on governments to align economic recovery with climate action so economies and the companies within them could emerge stronger after COVID-19. 
 
The Coalition helped shape the early “Build Back Better” agenda. We convened business leaders to call for policy recommendations. 
 
More than 1200 major global companies called on governments to invest in climate action and build back better through a series of high-profile letters and direct advocacy. European Commission President Ursula von der Leyen referenced the ‘Build Back Better’ business letter in her 2020 State of the Union speech.

Build Back Better

Business Ambition for 1.5°C

The Business Ambition for 1.5 campaign launched in 2019 as a collaboration between SBTi, UN Global Compact and We Mean Business Coalition.  It moved more than 1000 companies representing over $23 trillion in market cap towards setting more ambitious targets aligned to a 1.5° C pathway. Many of these companies urged governments to act.  For example, in 2021 we mobilized leading companies to call for ambitious outcomes from G20 Leaders towards reducing emissions in line with the climate science, and building resilience for societies, economies and businesses.

Business Ambition for 1.5°C

Influencing policy

The Coalition unites business voices to speak clearly, credibly and confidently on climate, so they’re heard at the moments that matter.

Across the ecosystem we work to:

Convene and mobilize key decision makers


Working with in-country partners across nine key economies, the Coalition set out what ambitious, investible NDCs look like in practice. This analysis helped shape national debates and policy outcomes, including South Korea’s COP30 commitment to end new unabated coal plants.

Ensure business is at the negotiating table


At COP30, the Coalition mobilized over 150 real-economy voices to support a fossil fuel roadmap, including leading companies, business groups representing 100,000+ companies, and investors managing £50 trillion.
 
Building on our well-established Fossil to Clean workstream, our position as a convener on fossil fuel phase out laid the foundations for more coordinated action in 2026 including closer links with governments in Denmark, the Netherlands and the United Kingdom.

Amplify credible business voices

Polling business leaders across 15 countries, the Coalition, E3G and Beyond Fossil Fuels found 97% of business leaders support shifting from fossil fuels to renewables-based electricity. Coverage in 41 countries highlighted clean energy as central to growth and security, while warning that political inaction risks relocation of operations and supply chains. The results of the polling were used in a policy briefing for the COP30 Presidency and negotiators.

Driving Impact

The Coalition gives leading business a trusted voice in the policy arena. One that’s heard and taken seriously, even when the political winds shift.

At key influencing moments, we ensure business has a consistent seat at the negotiating table calling for the delivery of ambitious policy asks.

Driving Impact

Grow and strengthen the collective voice of business


Our impact

A rapidly growing number of companies are setting climate targets and taking action to deliver on them.

Science Based Targets initiative


As a founding partner of the Science Based Targets initiative, we have worked closely with the SBTi and its partners for nearly a decade, helping to make science-based targets a core pillar of the global climate architecture. In 2026, over 10,000 companies have validated science-based targets.

SME Climate Hub


Over 10,000 companies have now made the SME Climate Hub commitment. The SME Climate Hub is an initiative of the We Mean Business Coalition, co-founded and operated in partnership with the Exponential Roadmap Initiative and the UN Climate Change High Level Champions.

The Climate Pledge


More than 620 companies have signed The Climate Pledge, co-founded by Amazon and Global Optimism. This is a commitment to achieve net zero emissions by 2040, which brings together leading companies accelerating joint action, cross-sector collaboration, and responsible change. We Mean Business Coalition is a partner of the Climate Pledge.

Demand-Side Initiatives


Companies are driving down emissions through Coalition-funded demand-side initiatives, with hundreds of companies accelerating electric vehicle adoption via EV100, improving energy efficiency through the Smart Energy Coalition, and committing to 100% renewable power through RE100. Market demand is also growing for net-zero materials, with demand driven by initiatives such as ConcreteZero and SteelZero.

227%

The number of companies setting targets increased by 227% between end-2023 and the end-Q2 2025.

24,000+

Companies of all sizes are taking climate action through the coalition and partners initiatives.

570+

TWh or electricity RE100 members are transitioning per year to be 100% renewable by 2050, larger than the annual electricity use of South Korea.

Annual Report

From shaping national climate plans to engaging over 20,000 companies in bold climate action, our Annual Report tells the story of business rising to meet the climate challenge.

Download our Annual Report (pdf)
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