“Right now it is time for the leaders to move furtherand faster and aim higher.”
Patrick Flynn, VP of Sustainability, Salesforce
Welcome to the August edition of the We Mean Business coalition newsletter.
This month a group of leading multinational companies across a range of sectors called on the governments of the G7 countries to step up their climate policy ambition, as they highlighted the role of business in delivering climate action at speed and scale.
The call for increased ambition comes as the number of companies that have signed the pledge to limit global temperature rise to 1.5°C above pre-industrial levels passes 50, with a combined market cap of over $2.2 trillion. More companies are encouraged to join the growing group of climate leaders, by signing the 1.5°C pledge, in the run up to the UN Secretary General Summit in September and beyond.
Meanwhile, in the transition to the zero-carbon built environment, CDP’s new report Melting Point ranks the world’s 20 largest steel companies in terms of their readiness for a low-carbon transition.
In zero-carbon power, a newly updated climate scenario analysis framework released from Ceres underscores the need for the US power sector to completely decarbonize before 2050 in order to limit global warming to below 1.5°C.
And we take a look at some of the companies helping to deliver the zero-carbon transport future, both the automakers changing the cars on our roads and the companies switching their fleets to electric vehicles.
NEWS & BLOGS
From the We Mean Business blog
Leading companies call for bold policy ambition from G7 countries
In the run-up to the G7 Summit, companies including Salesforce, SAP, Iberdrola, Schneider Electric and Royal DSM expressed their support for ambitious policies that deliver a clear pathway for a just transition to net-zero GHG emissions by 2050.
Six companies helping to create the zero-carbon transport future
The transition to the net-zero carbon transport future is vital to help limit the growing emissions from the sector and unlock new opportunities. We look at how six companies are helping accelerate this transition with bold climate action.