Take Action
Taking action on climate change represents one of this century’s most significant business opportunities. Hundreds of companies globally now recognize the transition to a low-carbon economy is the only way to secure sustainable economic growth and prosperity for all.
Net-zero
Delivering emissions reductions at scale
Forward-looking businesses are harnessing climate action as a driver of innovation, competitiveness, risk management and growth, while delivering the emissions reductions needed to avoid dangerous climate change. These emissions reduction targets are aligned with what scientists agree is necessary to keep global warming to well below 2°C.
Energy
Creating a low-carbon energy system
The energy system powers economic growth. By committing to source 100% renewable power and double energy productivity, companies are helping catalyze further, faster transition to a low-carbon energy system, whilst securing greater energy security, cost savings and growth.
Urban
Re-imagining cities and transport
Urban areas are home to half the world’s population. They generate 80% of global economic output and 70% of energy-related emissions. Corporate commitment to increasing the pace of electric vehicle uptake and growing the market for the world’s most sustainable fuels are vital to reducing urban emissions.
Land
Removing deforestation
Deforestation and forest degradation account for 10-15% of the world’s greenhouse gas emissions. US$906 billion in annual corporate turnover is at risk because of deforestation. Taking proactive steps to end deforestation allows companies to better protect supply chains from disruption, safeguard reputation and build resilience over time.
Industrial
Cutting industry’s carbon footprint
Companies with large-scale industrial operations are a vital part of the global effort to curb climate change. Strategic climate commitments help to future-proof industrial businesses, delivering enhanced risk management and competitiveness whilst significantly reducing emissions.
Enablers
Building climate-competent companies
Robust internal capacity on climate issues is essential for companies to harness climate action as a driver of innovation, competitiveness, risk management and growth. Businesses can ensure they are prepared by committing to develop consistent, accountable, and transparent internal practices around climate change management.
Resilience
Managing the impact of climate change
Climate change is already disrupting food, water and energy supplies in some parts of the world. By committing to adapt to the impacts of a changing climate, companies can secure their operations and supply chains, and the livelihoods that depend on them.
