Businesses step up amid call for climate urgency

“We at Ethical Markets agree with our colleagues at the We Mean Business Coalition, the SRI Conference, Steve, Jan We Are Still In, The B Team and all our friends in the business and financial community, that the urgency of the latest IPCC report means we all must step up our game! We have tracked private investments in green, sustainable sectors annually since 2009 and our Green Transition Scoreboard ® 2018: “CAPTURING CO2 WHILE IMPROVING HUMAN NUTRITION & HEALTH“ covers new opportunities in our global food system in shifting from livestock-raising to  plant protein diets, and  now finds $9.3 trillion (US) cumulatively invested in cleaner, greener knowledge-richer sectors worldwide, free download and companion TV program with NASA Chief Scientist at www.ethicalmarkets.com

~Hazel Henderson, Editor“

We all realize that even in the few years since the signing of the Paris Agreement, we need to do much more.”

Erin Meezan, Vice President and CSO at Interface

Welcome to the October edition of the We Mean Business coalition newsletter.

In the wake of the IPCC’s special report on the impacts of global warming of 1.5°C, more and more leading businesses are embracing the push for increased ambition by accelerating climate action. We find out more about how they are delivering the urgent progress required from five of those companies.

Meanwhile, as government leaders prepare for COP24 in Katowice, businesses are calling on national governments to complete a strong set of guidelines and to participate fully in the Talanoa Dialogue. Find out what business wants governments to do to help drive the transition to a zero-carbon #FutureFaster.

The transition to zero-carbon fleets is accelerating, with EV100 member EDF Group launching a new plan for rolling out smart electric infrastructure in Europe, deploying 75,000 charging points by 2022. While Japan’s largest telecoms company NTT has joined both EV100 and EP100, led by The Climate Group. And the push to zero-carbon grids is ramping up with leading companies including Sony, Iron Mountain and Microsoft making progress towards their 100% renewable electricity goal with RE100, led by The Climate Group in partnership with CDP.

More companies are setting ambitious science-based targets, including Wipro, the Indian tech giant, and Kingspan Group, the Irish construction firm. While the number committing to set targets is also increasing, including ABN Amro Bank and US food company Conagra Brands.

Also this month, a new global initiative – CSA 100 – has been launched by CEOs from companies including Unilever and Olam, together with WBCSD and the We Mean Business coalition, to accelerate climate smart agriculture across the food and agriculture sector.

NEWS & BLOGS

From the We Mean Business blog

How Novozymes harnesses the sustainability superpower of enzymes

Biotechnology company Novozymes is pioneering enzyme-based solutions to slash energy consumption and reduce chemical use across a whole variety of products and applications.

Five companies already doing what IPCC report says is needed

Having achieved carbon neutrality, Google is setting its sights on powering its operations with region-specific, zero-carbon energy 24/7. BSR spoke to the US multinational technology company about how they are driving toward a zero-carbon future.

Zero-carbon fleets are set to drive the #FutureFaster

In the third of a three-part series, coalition CEO Nigel Topping looks at the opportunities for decarbonizing the transport sector and the progress that’s already being made by companies and government towards creating the zero-carbon fleets of the future.