BY HARNESSING THE POWER OF BUSINESS ACTION AND POLICY AMBITION, WE’RE DRIVING PROGRESS ACROSS KEY SYSTEMS AND THE ECONOMY AS A WHOLE.
We Mean Business Coalition is proof that the private sector is shifting and real momentum is growing for faster, bolder action on climate. Unprecedented collaboration across industries, collective courage from leading companies, an unbending commitment to evidence-based policy-making, and a shared vision of a global economy that is both green and just. Now the pressure is on for climate action at speed and with scale.- Paul Polman, Business leader, Campaigner, author of 'Net Positive: how courageous companies thrive by giving more than they take'
Economies
We work to halve global emissions by 2030 and reach net-zero emissions by 2050 at the latest.
Analysis of 338 companies with science-based targets shows they have reduced their combined emissions by 25% between 2015 and 2019.
The US, EU and Japan have responded to calls from business and civil society to increase climate ambition and as of 2021 have NDCs which are aligned with the Paris Agreement.
Over 60% of global greenhouse gas emissions are now covered by national net-zero commitments.
Energy
We work to help achieve a net-zero energy system and phase out global energy-related CO2 emissions by the middle of the decade.
RE100 members are now creating demand for 334 TWh of renewable electricity annually – enough to power a medium sized country.
50+ RE100 members have already achieved 100% renewable electricity consumption, and 65 members are using over 90%.
50+ electric utilities have committed to set or have already had approved a science-based emission reduction target, including Europe’s Iberdrola, NRG Energy in the U.S. and The Tata Power Company in India.
Transport
We work to decarbonize mobility for people and goods and contribute to 100% zero-emission vehicle sales by 2030 for light passenger vehicles.
EV100 members deployed 169,000 EVs in 2020, more than twice the number in the previous year.
Leading auto makers with science-based targets, including Volvo Car Group, Ford and Mercedes-Benz AG, are electrifying part or all their fleet and are investing to transition their operations.
The number of individual charging points installed by EV100 members increased by 79% year on year to nearly 16,900 in 2020.
Watch this space for sections on Built Environment, Industry and Land to be added soon.
The Coalition’s 8 policy asks are cited in the final text of the Paris Agreement.
UNFCCC Executive Secretary Christiana Figueres cites the Coalition and the business voice as a key determinant in securing a successful Agreement.
In just a year, the number of companies aligning their emissions reduction targets with science, through the Science Based Targets initiative jumps to 150.
Hundreds of US companies sign the ‘We Are Still In’ pledge days after Trump announces his intention to withdraw from the Paris Agreement.
In response to the IPCC special report on 1.5°C, the Coalition calls for an increase in corporate ambition to align with the 1.5°C pathway.
The number of businesses joining SBTi rises 39% year-on-year. 17% of Fortune Global 500 companies setting science-based targets.
The Coalition mobilizes 120 UK companies calling for an ambitious NDC.
The open letter to UK Prime Minister Theresa May is a key factor in the country’s net-zero 2050 commitment.
The Coalition leads on the Build Back Better narrative in the wake of the COVID-19 outbreak.
Over 2,000 businesses globally advocate for governments to build back better with a green recovery.
The Coalition mobilizes more than 170 CEOs calling the EU to raise its NDC ambition.
European Commission President Ursula von der Leyen references the business-backed letter in her State of the Union speech.
Over 1,000 companies are taking action through SBTi, as the Coalition marks its 5th anniversary.
Over 400 businesses sign the Coalition-organised letter calling for an ambitious US NDC.
The US government increases its 2030 emission reduction target to 50-52% below 2005 levels.
The Business Ambition for 1.5°C campaign totals 700 companies.
These companies commit to set emissions reduction targets in line with the 1.5°C trajectory.
