Commit to Action - Climate Recon 2050 Project...1,638 Commitments to bold action 1,051 Companies...
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Creating a positive economic vision Elena Stecca October 23 rd , 2019 Commit to Action
Transcript of Commit to Action - Climate Recon 2050 Project...1,638 Commitments to bold action 1,051 Companies...
Creating a positive economic vision
Elena Stecca
October 23rd, 2019
Commit to Action
CDP is a global environmental impact non-profit working to secure a thriving
economy that works for people and planet.
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ABOUT CDP
Name | @Twitter
Information is the fundamental basis for action. We help investors, companies and
cities to measure, understand and address their environmental impact.
The world’s economy looks to CDP as the gold standard of environmental
reporting with the most comprehensive dataset on corporate and city action.
We aim to make environmental reporting mainstream and provide detailed
insights to drive action for a climate safe, water secure, deforestation free world.
Companies take action to
tackle climate change,
safeguard water resources
and prevent the destruction
of forests.
INVESTORS &
COMPANIES
COMPANIES &
SUPPLIERS Request
environmental
information
through CDP
Measure
their impact
to improve
performance
Companies and suppliers provide data on
environmental impacts, risks, opportunities,
investments and strategies.
Name | @Twitter
Investors and purchasing companies use
CDP to make informed decisions, reward
companies with superior performance and
drive action.
HOW WE WORK
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We Mean Business is a global nonprofit coalition that works to catalyse business leadership to
drive policy ambition and accelerate the transition to a zero-carbon economy
Adopt a science-based
emissions reduction target
Commit to 100% renewable
power
Commit to smart energy use
Commit to electric vehicles
and charging infrastructure
Grow the market for the world’s
most sustainable fuels
Remove commodity-driven
deforestation from all supply
chains by 2020
Improve water security
Reduce short-lived climate pollutant
emissions
Put a price on carbon
Commit to implement the
recommendation of the Task Force
on Climate-related Financial
Disclosures
Commit to responsible corporate
engagement in climate policy
Join the low carbon
technology partnerships
initiative
1,638Commitments
to bold action
1,051Companies
leading the way
$20.1Trillion
market capCommit to Action | @CDP
COMMIT TO AMBITIOUS CLIMATE ACTION
Contextualizing leadership
Join the hundreds of companies making
leadership of companies making
leadership commitments through the We
Mean Business coalition ‘Take Action’
platform.
Profile leadership
Drive business innovation
Strengthen investor confidence
Reduce regulatory risk
Unlock efficiencies, improve profitability
and competitiveness
676 companies
204companies
57companies
59companies
556Commitments to
bold action
323Companies
leading the way
Commit to Action | @CDP
COMMIT TO AMBITIOUS CLIMATE ACTION
Contextualizing leadership in Continental Europe
239 companies
55companies
8companies
17companies
0 20 40 60 80 100 120 140
Austria
Belgium
Denmark
Finland
France
Germany
Germany
Greece
Hungary
Iceland
Ireland
Italy
Italy
Luxembourg
Netherlands
Norway
Portugal
Romania
Spain
Sweden
Switzerland
Total number of committed companies
Total
TRANSITION TOOLS FOR LOW-CARBON ECONOMY
Where do we need to go?
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Private Sector
Climate Action
TRANSITION TOOLS FOR LOW-CARBON ECONOMY
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100% Renewable Electricity Smart Energy Use Electric Vehicles Uptake
Scope 1 Scope 2 Scope 3
Use of sold
products
Purchased goods
and servicesSupply Chain
Program
SBTs are a clear pathway to future-proof growth
Specifying how much and how quickly to reduce GHG emissions
BUSINESS DRIVING ACTION
The Ambition Loop
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Government
Climate PolicyBusiness
Climate Action
Commit to Action | @CDP
A positive feedback loop between the private
sector and governments; reinforcing each other
Taking climate action to the next level
Unlocking further in climate solutions
BUSINESS DRIVING ACTION
The Ambition Loop
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SBT 101
SBTs are a key tool for the low-carbon transition
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Consistent with the long-term goal of
reaching net-zero emissions in 2nd half
of century;
A clear pathway for companies to
future-proof growth in the face of
physical / political / regulatory / financial
risk
A business-modelling, strategic
planning and decision-making tool to
transform their business and help
create and prepare for a low-carbon
economy
www.sciencebasedtargets.org | @sciencetargets
WHY ARE BUSINESSES MAKING COMMITMENTS?
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Drive innovation and seize opportunities behind the
low-carbon transition
Anticipate regulatory and market developments,
reduce exposure to uncertain energy costs
Increase competitiveness – reduce waste
and unlock efficiencies
Address stakeholder expectations
and strengthen confidence
Bu
sin
ess c
ase
Earn recognition as
a climate leader
