Anchored in the goals of the Paris Agreement, the Sustainable Development Goals, and the Ten Principles of the UN Global Compact, the African Business Leaders' Climate Statement brings the voice of the African private sector into the global conversation on sustainable development and bold climate action. The Statement includes commitments each signatory company will make in the areas of adaptation, just transition and mitigation, as well as a call to the global community to support the continent of Africa in climate action.
A just transition according to the ILO means greening the economy by simultaneously addressing the environmental, social and economic dimensions of sustainable development in a way that is as fair and inclusive as possible to everyone concerned, creating decent work opportunities and leaving no one behind. The objective of this brief is to highlight the important role of adaptation action for large multinational corporations that aim to achieve a just transition. Its focus is on how businesses can adapt to minimise climate change risks and impacts in a just and equitable manner. The brief outlines seven recommendations for businesses to advance a just transition for climate adaptation. The business brief is available in English and Spanish.
The Maritime Just Transition Task Force was formed to ensure that shipping’s response to the climate emergency puts seafarers and communities at the heart of the solution. This Position Paper puts forward a 10-point action to achieve a Just Transition for seafarers.
Building long-term water resilience is essential for a company aiming to mitigate or adapt to current and future shocks and stresses. This guidance is designed to encourage companies to engage with the water systems critical to ensuring sustained business operations over time, and to plan for future trends, possibilities, and risks. It provides a standard, step-wise approach to measuring and enhancing resilience across different industries and provides a set of ‘Water Resilience Indicators’ and a ‘Resilience Scoring Tool’ for corporates. Practical examples are provided throughout the guidance document to showcase how each step could be implemented in practice. Applicable to small, medium, and micro enterprises (SMMEs) as well as large multinational corporations with supply chains across different geographies, this detailed guidance on WRAF for corporates is a step forward for businesses to start embedding resilience into their policy and practices. ISBN: 978-1-893790-95-7
This Business Brief addresses the roles of finance in advancing a just transition. It draws from recent developments to illustrate what is possible, while calling on key financial actors to develop and realize this potential, including financial institutions, the Chief Financial Officers and finance functions of corporations, investors, Chief Investment Officers, Chief Risk Officers and policymakers. The business brief is available in English and Spanish.
On 27 June 2022 in Lisbon, Portugal, the United Nations Global Compact, the High-Level Climate Champions, the Ocean and Climate Platform, UNFCCC and the Governments of Portugal, the United Arab Emirates and the United Kingdom, convened chief executives from businesses, financial institutions, NGOs, UN organizations and government representatives for a high-level meeting on the ocean and climate. This meeting focused on the implementation of solutions at the ocean-climate nexus. The following document provides background on the ocean-climate nexus, highlights recent developments in ocean-based climate action and outlines the main takeaways from the meeting. This document also lays the foundation for a set of short and mid-term targets, referred to here as Blue Breakthroughs, being developed with the ambition to be presented at COP 27 in Sharm El Sheikh, Egypt.
The PRME Annual Report 2022 takes a look back at PRME's impact, highlights inspiring stories from the PRME community, and demonstrates transformative initiatives & progress toward a more sustainable future as a testament to our collective commitment to Responsible Management Education.
Limiting average global warming to 1.5°C requires an enormous transformation of our economy and energy systems. The movement of companies, countries, cities, and investors setting ambitious net zero targets and leading this transformation is building momentum faster than ever. Though progress is being made, climate action must continue to be accelerated and accompanied by efforts to address the various environmental and societal challenges we face. In the UN Global Compact Network UK’s latest Briefing, we explain how businesses can be at the forefront of this growing movement and why it is important to continue raising ambition and take immediate action.
A new strategy that spells out our ambition to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change.
This report shows that companies with science-based targets are delivering on large-scale emissions reductions. Five years on from the Paris Agreement, the Science Based Targets initiative (SBTi) analysed the emissions of a group of 338 companies whose climate targets have been approved by the SBTi as aligned with climate science and the goals of the Paris Agreement. This is the first ever study to look at how setting science-based targets correlates with corporate emissions reductions and the extent to which companies are actually delivering on those targets. Target-setting companies have successfully reduced their emissions by 25% since 2015, a difference of 302 million tonnes of CO2 equivalent, the same as the annual emissions from 78 coal-fired power plants.
Puts forward six key enablers which could be advanced by all systemic shapers to accelerate the sustainable development of the seafood industry - from unlocking sustainable finance and ratifying international conventions, to moving beyond data disclosure, rewarding progress, and incorporating wider food system dimensions into both policy and sustainability-related services.
This is the first white paper produced by the recently launched UN Global Compact Action Platform on Sustainable Infrastructure for the Belt and Road Initiative to Accelerate the SDGs. It provides a starting point for strategic discussion and dialogue, and a solid foundation for action in the years ahead. I look forward to working with companies, Governments and all stakeholders to build a healthier and more sustainable future. If we succeed, generations to come will remember our current difficulties as a distant crisis that was, nevertheless, a turning point for global progress.