Provides guidance for business and Government to fast track zero-carbon economic growth. With hundreds of businesses pursuing bold climate change solutions and countries updating national climate plans in advance of 2020, the opportunity for greater ambition abounds. More and more businesses are seeing opportunity in the zero-carbon economy and taking action on climate change. Governments must use this as a strong vote of confidence and advance ambitious policies that provide companies with the clarity and confidence they need to unlock further investments in climate solutions. This is the “ambition loop” — a positive feedback loop in which bold Government policies and private sector leadership reinforce each other, and together, take climate action to the next level.
The SBTi defines and promotes best practice in science-based target setting and offers resources and guidance to reduce barriers to adoption. The initiative is backed by four of the more prestigious environmental organizations, including CDP, UNGC, WRI and WWF. Through the initiative, these organizations conduct a comprehensive quality assessment of the targets and provide multiple opportunities of showcasing for approved targets. The call for action guidelines give information on the four step process for joining the initiative.
Aimed at mobilizing the private sector to become a catalyst for enhancing and deepening country-level action to meet the ambitions set out by the Paris Agreement and the Sustainable Development Goals (SDGs). Building on the decade’s work of Caring for Climate, the platform will provide companies the opportunity to make progress on scaling responsible climate action that contributes to the implementation of Nationally Determined Contributions (NDCs) and national SDG plans. Practically, the platform seeks to provide a safe space for companies to review, re-align, and recalibrate their corporate goals, strategies, and public policy efforts to inform and ramp up climate ambition into the development plans of governments.
Sets baseline expectations for companies to provide proactive and constructive input to Governments to advocate for the creation of effective climate policies. The guide connects the dots between sustainability commitments, such as emissions reductions across their value chains and efficiency improvements, with corporate policy positions. Core elements of responsible corporate engagement in public policy are laid out in three practical action items 1) Engage for Legitimacy and Opportunity 2) Align for Consistency and Accountability 3) Report for Transparency.
The scientific community has provided continuous warnings that global emissions are jeopardizing our ability to limit warming to a 2°C temperature increase above preindustrial levels. As governments consider new emissions pledges, companies are taking the initiative to align their own emission reduction goals with the 2°C pathway. CDP, WRI, and WWF decided to join forces and provide more comprehensive guidance including a method that illustrates the scale of emissions mitigation required to achieve a 2°C pathway. The first step is the target setting method presented in this report, to help companies set targets based on the best science currently available.
The Global Climate Action Playbook 2018 is a practical toolkit for business outlining high-level policy updates, outlook on key climate actions and the arc of ambition, and snapshot of country-level analysis on Nationally Determined Contributions and Sustainable Development Goals. The Playbook is designed for business and Governments to work together to enhance country level ambition and action to implement the Paris Climate Agreement leading up to 2020.
Showcases business leadership on climate action aligned with limiting global temperature rise to 1.5°C. Featuring solutions and strategies developed by companies that have taken the 1.5°C pledge, the report examines how business leaders are integrating this process into corporate strategies and generating employee buy-in.
This report draws on corporate emissions and target data submitted to the SBTi and CDP — as well as extensive interviews with businesses and other stakeholders — to explore the progress the SBTi has made in driving the adoption of SBTs by businesses and the impact this has on decarbonising the economy.
Guides the hundreds of individuals who are now completing due diligence on carbon pricing of behalf of their companies. It has been shaped by input from dozens of such companies, as well as other experts who are implementing carbon pricing programmes within companies and/or advocating for government policies in countries around the world. Experiences and insights from others will help more companies become Carbon Pricing Champions and align with the Business Leadership Criteria on Carbon Pricing set by Caring for Climate and partners.
Presents ten case examples on climate change adaptation that underscore private sector strengths in identifying new business opportunities, creating new markets, and recognizing and managing risks that are critical in building resilient businesses and communities.
This discussion paper summarizes the outcomes and main findings from a multi-stakeholder workshop on company policies on carbon pricing, organized by the German Global Compact Network in Berlin in July 2018. At the same time, this paper invites further stakeholders to take part in a professional exchange of ideas concerning the implementation of effective internal carbon pricing.
Updated version Within the Peer Learning Group Climate of the German Global Compact Network (DGCN), companies explored the challenges associated with developing climate targets, and discussed possible solutions, methods and applications with experts and representatives from the Science Based Targets Initiative (SBTi). This publication summarizes core findings of the discussion and proposes solutions to challenges. The focus is on the selection of a method for developing a science-based GHG emission reduction path, the interpretation of results, the criteria of the SBTi for an official approval of science-based targets, and the treatment of scope 3 emissions. Thereby, the paper serves as a compact introduction science-based target setting.