Economic opportunity through bold climate action
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We’re still in for bold climate action. Please keep the U.S. in the Paris Climate Agreement. The disaster of climate change is too real, and the threat to our planet and to our children is too great.”
Tiffany & Co.
Welcome to the We Mean Business Coalition May newsletter. Business action on climate change has seen another stellar month, with HPE unveiling its ambitious supply chain program, using science-based emissions reduction targets. The program aims to cut CO2e equivalent to the annual emissions of Greece.
And business support for the Paris Agreement has been unprecedented. CEO’s of 30 companies with major operations in the U.S. issued an open letter to President Trump. While two dozen companies with a combined market cap of over $3.2 trillion signed a full-page ad in The New York Times; both urging him to keep the U.S. in the agreement.
The list of companies joining RE100 – brought to you by The Climate Group in partnership with CDP – is growing. Tesco, L’OCCITANE, IHS Markit, eBay and The LEGO Group have all committed to 100% renewable power. While, H&M and Cree have joined EP100, run by The Climate Group in partnership with the Alliance to Save Energy.
HPE targets 100 million tons of supply chain CO2e reductions
HPE is raising the bar by becoming the first company to establish a comprehensive supply chain management program that requires companies in its value chain to set science-based emissions reduction targets. Cliff Henson, SVP of Global Supply Chain at HPE, discusses the goal.