WWF: Corporate leadership is moving to match climate science; now we need governments to do their part
(Gothenburg, Sweden, 7 May, 2015): WWF’s flag ship business programme Climate Savers is marking 15 years of corporate leadership in reducing greenhouse gas (GHG) emissions by introducing a new measuring standard, reflecting the global shift in the role of business in fighting climate change.
Since 1999, WWF has worked in partnership with companies to set and meet goals that reduced emissions, advanced projects to protect resources from climate impacts and ensured the sustainability of their core business.
Climate Savers was a pioneering initiative when it started 15 years ago. It was recognised then that businesses not only have a responsibility to reduce their contribution to climate change, but it also made good business sense.
“But today, the boundaries have shifted. There is greater urgency to act swiftly and at scale to reduce emissions. That’s why we are now calling for companies to set emissions reduction targets in line with climate science. HP was one of the first companies to adopt a target consistent with a science-based approach,” says Alberto Carrillo, head of climate business engagement for WWF’s Global Climate and Energy Initiative.
The science-based targets approach is in line with the latest Intergovernmental Panel on Climate Change report which calls for a global emission trajectory to keep global warming below 2 degrees Celsius.
“Forward thinking companies are setting a precedent for governments to agree a new global climate deal agreement in Paris later this year,” says Samantha Smith, leader of WWF’s Global Climate and Energy Initiative.
“Governments and the private sector play different roles and both are equally needed to fight climate change. For the long awaited global climate deal in Paris to be successful, it needs to aim for a sustainable level of global warming. The role of the Volvo Group is to deliver sustainable transport solutions, as leaders in our sector. We need global rules that make sustainable products competitive for our customers,” says Niklas Gustafsson, Chief Sustainability Officer of the Volvo Group.
“The toll climate change takes on the planet and humans—through changes in temperature, rising sea levels, extreme weather, and other phenomena—can no longer be ignored. Actions demand greater accountability. It is important for companies, governments and non-governmental organizations to address the root causes, and this will require new ways of doing business,” says Christopher Wellise, head of stakeholder engagement, HP Global Environmental Progress.