THE ESCALATING CLIMATE CRISIS REQUIRES BUSINESS ACTION LIKE NEVER BEFORE. WE NEED CLIMATE LEADERSHIP NOW.
Leading businesses respond to the climate crisis with Ambition. They deliver on that ambition with Action. They speak up to secure wider change through Advocacy. And they drive progress by demonstrating Accountability. See how your company can accelerate climate action using our climate leadership steps below.
Climate ambition is a commitment to shape the future. It represents a positive vision including business outcomes, better jobs and greater environmental protection. Ambition guides strategy, motivates employees, informs investors and customers.
Set targets aligned with science to establish a clear, accountable pathway to hold temperature rise to 1.5°C.
Aim to reach net-zero emissions by 2040.
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After setting out bold ambition, business needs to deliver on it. This is a process of innovation and change that, done right, can unlock business transformation and opportunities. It can deliver new competitive advantages that will grow as the economy decarbonizes.
Work with action collaboratives to guide and galvanize delivery on climate targets at pace and scale.
Inform your investors by implementing the TCFD recommendations and increasing your resilience to climate risks.
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To accelerate the transition, governments need to deliver clear, consistent and bold policy frameworks. For this to happen, corporate climate leaders must step into the arena of public discussion and political debate, and – together with like-minded allies – clearly and confidently make the case for policy ambition.
Make your voice heard by advocating for science-based and system-wide climate policies and calling out policies that run contrary to scientific consensus on climate.
Map links to trade associations, determine the degree to which their positions on climate change align with holding temperature rises to 1.5°C, and take action if they are misaligned.
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To build trust and demonstrate progress to key stakeholders, companies need to clearly and consistently report and disclose climate-related information. This process can help uncover risks and opportunities, to better inform strategy and drive further progress.
Report on progress by disclosing environmental impact and providing robust and transparent integrated reporting against targets.
Listen & Learn by introducing formal mechanisms and procedures to engage a crosscutting range of stakeholders. Ensure critics are listened to; start with employees. Ensure corporate climate strategy aligns with the latest science and the evolving expectations of your key stakeholders.
Develop a climate committee supported by advice from the company’s directors and open to the input of expert external stakeholders.
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