Our business ambition for 1.5℃ is 1.Created by the Science Based Targets initiative in partnership with the United Nations Global Compact and We Mean Business Coalition.
This is an urgent call to action from a global coalition of United Nations agencies, business and industry leaders.
It calls on companies to set ambitious, science-based emissions reduction targets.
By setting net-zero targets in line with our only future, a 1.5°C future, businesses can make an important contribution to limiting the worst impacts of climate change.
So far, more than 600 companies with a market capitalization of more than USD 13 trillion have responded to the open letter from global leaders and signed the agreement. Business ambition towards 1.5℃ dedication.
Why is it 1.5℃?
To limit the worst climate impacts and avoid irreversible damage to societies, economies and the natural world, we must limit temperature rise to 1.5°C above pre-industrial levels. To this end, it is necessary to halve greenhouse gas emissions by 2030 and achieve net zero emissions by 2050.
That's why this initiative is calling on forward-thinking business leaders to publicly commit to achieving their companies' net zero, 1.5°C targets and be recognized in the lead-up to COP 26 in November 2021. Major companies have already certified that they are 1.5°C compliant. The business model is possible and there is evidence that these companies are best placed to grow as the global economy makes a just transition to a net-zero future by 2050.
Website: https://sciencebasedtargets.org/business-ambition-for-1-5c
United Nations Global Compact
As a special initiative of the United Nations Secretary-General, United Nations Global Compact It calls on businesses around the world to align their operations and strategies with 10 principles in the areas of human rights, labor, the environment and anti-corruption. Our goal is to accelerate and scale the global collective impact of business by upholding the 10 Principles and achieving the Sustainable Development Goals through responsible business and ecosystems that enable change. is.
With over 12,000 companies and 3,000 non-business signatories based in more than 160 countries, and 69 local networks, the United Nations Global Compact is the world's largest corporate sustainability initiative and is committed to creating a better world. One global compact to unite companies towards
Website: unglobalcompact.org.
we mean business association
The We Mean Business Coalition works with the world's most influential companies to take action on climate change. The Coalition is a group of seven non-profit organizations: BSR, CDP, Ceres, Climate Group, CLG Europe, The B Team, and WBCSD.
The Coalition will work together to accelerate business and policy action to halve emissions by 2030 and accelerate the inclusive transition to a net-zero economy.
Website: wemeanbusinesscoalition.org.
