Welcome to the April newsletter of the We Mean Business coalition, where we highlight bold progress in the transition to a low-carbon economy, while preparing for the challenges ahead.
Walmart has set new standards for working collaboratively with supply chains to achieve bold science-based targets, with the launch of its transformational goal to cut 1 gigaton of indirect (scope 3) emissions by 2030.
The coalition also welcomes the unprecedented clarity and vision provided by the official launch of Mission 2020, the Energy Transitions Commission’s ‘Better energy, Greater prosperity’ report and the latest report from WWF, Ceres, Calvert and CDP detailing the progress being made by Fortune 500 companies.
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Walmart CEO Doug McMillon highlights the importance of systems thinking in achieving groundbreaking emissions reductions. Read how the company plans to achieve its goal of cutting 1 gigaton of indirect GHG emissions by 2030.
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From the We Mean Business blog
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The ETC, which brings together expertise from the energy and climate communities, argues that it is possible to cut carbon emissions from 36 gigatons today to 20 GT per annum by 2040, while transitioning to an energy system that’s provided almost solely by renewables.
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Extreme weather can result in huge business costs and is trending upward by a factor of three over the past 35 years, according to an analyst with insurer Munich Re. Businesses can mitigate against these risks through actions focused on climate resilience.
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Mission 2020, a global non-profit headed by Christiana Figueres, has laid out the six revolutions needed to reverse the upward curve of greenhouse gas emissions and ensure their steady decline by the close of this decade and beyond.
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India’s largest tractor and utility vehicle manufacturer is the first Indian company to sign up to EP100, committing to double corporate energy productivity. Anirban Ghosh, CSO of Mahindra Group, spoke to The Climate Group about the benefits of energy productivity.
Mario Abreu, Vice President of Environment at the world’s leading food processing and packaging solutions company, talks about the business benefits of having a science-based target, as well as some of the challenges.
Report: Fortune 500 accelerating renewable energy, energy efficiency
Despite efforts from Washington to sideline action on climate change, a growing number of Fortune 500 companies are taking increasingly ambitious climate action, according to a new report from WWF, Ceres, Calvert and CDP.
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Forward-looking utilities are adapting to the challenge of increased disruption by diversifying their generation portfolio, embracing technology, and actively engaging with corporate demand for renewables.
The Trump administration may be pondering a retreat from the United States’ domestic and international climate commitments, but corporate America is moving ahead with its own emissions goals.
Major US coal companies, including Cloud Peak Energy and Peabody Energy, are now urging the Trump administration to reject any plans to pull out of the Paris Agreement, confounding assumptions about the supposed benefits of withdrawal.
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By 2020 we need to be bending the curve of emissions and in a global consensus about the inevitability of the major shift that will occur in this century, according to Christiana Figueres, convener of Mission 2020.
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Ceres President on importance of U.S. leadership
The Paris Agreement is truly our roadmap to a future that’s habitable and it’s vital that the U.S. remains within the agreement to achieve the goal of limiting global warming to below 2 degrees, Mindy Lubber, President of Ceres, said.
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Washington DC | April 29, 2017
Bonn | May 8 - 18, 2017
New Delhi | August 31 - September 1, 2017
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Here are five reasons why America should stay in the #ParisAgreement: http://www.wri.org/blog/2017/04/paris-agreement-should-us-stay-or-should-it-go …
On @WalmartToday’s Project Gigaton: "Supply chains are the new frontier of sustainability." @Carter_Roberts. More: http://bit.ly/2orXO4A
260 companies are driving corporate #climateaction. Find out which ones on the website http://bit.ly/2ekTGON.
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We Mean Business wants to hear from you:
info@wemeanbusinesscoalition.org
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We Mean Business is a global coalition working with thousands of the world’s most influential businesses to accelerate the transition to a low-carbon economy.
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