The transition to a zero-carbon economy is achievable, will bring significant benefits and has already begun, but the governments of the world must come forward with clear bold policies needed to further accelerate action.
That was the clear message from the growing number of forward-looking businesses committed to bold climate action at the UN Climate Summit and Climate Week NYC.
CEOs of many of the 1,000 companies committed through the We Mean Business coalition partners’ initiatives showed up in person in New York to demonstrate the role business can play in delivering the transition to a zero-carbon economy.
The summit saw companies stepping up in response to the latest science and committing to set climate targets across operations and value chains aligned with limiting global temperature rise to 1.5°C above pre-industrial levels, and reaching net-zero emissions by no later than 2050.
This included companies from a variety of sectors, including heavy emitting sectors, and from a variety of countries, with a commitment to ensure that the zero-carbon transition is just and doesn’t leave anyone behind.