The world is at a critical crossroads. Will the decisions and actions taken now put us on track to limit climate change and meet the goals of the Paris Agreement, or will we continue on a business-as-usual path with rising and accelerating emissions? You can either continue. Climate effects.
Fortunately, we have the science, innovation, tools and expertise to take action on climate change, but it will require a significant increase in ambition and action from all stakeholders.
To address the climate emergency, our ambitions and actions will need to become bolder. That's why a global coalition of United Nations agencies, businesses and industry leaders is calling on companies to set science-based targets aligned with limiting global temperature rise to 1.5°C.
By setting science-based targets, businesses can make an important and necessary contribution to limiting the worst impacts of climate change. To date, 270 companies with a market capitalization of over USD 3.6 trillion have responded to the open letter and signed the Business Ambition Pledge for 1.5°C.
Net-zero recovery from the new coronavirus infection
In May 2020, more than 150 companies with a combined market capitalization of more than USD 2.4 trillion and more than 5 million employees appealed to governments around the world for economic aid and recovery efforts in response to the COVID-19 pandemic. They signed a statement urging them to adjust their efforts to the latest developments. Science.
As part of the Science Based Targets initiative, these companies will protect against future shocks by supporting efforts to limit global temperature rise to within 1.5°C above pre-industrial levels in line with achieving net-zero emissions. We are calling for policies that build resilience. Long before 2050. Learn more about.
