More than 1,000 companies commit to science-based emissions reductions in line with 1.5°C climate ambition

More than 1,000 companies commit to science-based emissions reductions in line with 1.5°C climate ambition

More than 1,000 companies commit to science-based emissions reductions in line with 1.5°C climate ambition

New York, NY , United States of America
The following is a joint press release from the United Nations Global Compact and the Science Based Targets initiative (SBTi)

COP26, GLASGOW, United Kingdom, 10 November 2021 – The Science Based Targets initiative (SBTi) and the United Nations Global Compact today announced that more than 1,000 companies are setting 1.5°C-aligned science-based targets as part of a global campaign to rapidly scale corporate climate ambition.

1,045 companies representing more than $23 trillion in market capitalization (more than the GDP of the United States) have responded to an urgent call to decarbonize at the pace and scale required to limit global warming to 1.5°C. The companies span 53 sectors in 60 countries and have more than 32 million employees.

The Status Report: Business Ambition for 1.5°C – Responding to the Climate Crisis published today reveals the impact of the Business Ambition for 1.5°C campaign, which was initiated by the UN Global Compact in 2019 and is led by the SBTi, the global body enabling businesses to set emissions reduction targets in line with science, in partnership with the We Mean Business Coalition and UN Global Compact. The Business Ambition for 1.5°C campaign is a route for companies to join the UNFCCC Race to Zero campaign.

Within the corporate sector, 1.5°C-aligned targets are now the most common choice, representing 75 per cent of all submissions to the SBTi so far in 2021. In the urgency to halve emissions in the next eight years, the SBTi will only accept corporate 1.5°C-aligned targets from June 2022.

Sanda Ojiambo, CEO & Executive Director of the UN Global Compact, said: “Ahead of the UN Secretary-General’s Climate Summit in 2019, we challenged corporate leaders to limit the worst impacts of climate change and make the 1.5°C goal the new normal for corporate action. Today, through the Business Ambition for 1.5°C campaign we have witnessed an unprecedented increase in corporate commitments to tackle the climate emergency. Leading companies must now build trust by setting credible and independently-validated emission reduction targets and report on their progress. Greenwashing and misleading commitments have no place on our path to net-zero.”

Alberto Carrillo Pineda, Co-Founder and Managing Director of the SBTi, said: “We have catapulted ambitious corporate climate action into the mainstream — aligning with climate science is now business as usual for many companies worldwide. But the race to net-zero is a marathon and we’ve barely taken the first step. Climate science has made the urgency clear — we are at ‘code red’ for humanity. In order to address the climate crisis, we must double-down our efforts, align with a 1.5°C future and accelerate deep and urgent decarbonization. We call on all companies worldwide to set science-based net-zero targets – including both short- and long-term goals. There is no time to lose.”

The accountability of corporate commitments is key to building trust and supporting the delivery of credible corporate targets. Once a company has submitted a commitment they must submit their targets to SBTi for validation within 24 months. They must also report their company-wide GHG emissions and progress against their targets on an annual basis.

One third of the companies have already completed validation of their near-term emission reduction targets. Over half of the companies have also committed to reach net-zero emissions across their value chain by no later than 2050. The SBTi will be able to validate the integrity of these targets through the SBTi Net Zero Standard launched on 28 October ahead of COP26.

When the top 100 highest emitting companies comply with their commitment over the following months, the collective emissions reductions by 2030 should exceed 262 million tonnes — the equivalent of the annual emissions of Spain.

In addition to ensuring that companies align their emission reduction plans with science, there is an urgent need to ensure this transformation is a just and inclusive one. The UN Global Compact together with the International Labour Organization and the International Trade Union Confederation have today launched a Think Lab on Just Transition that will shape thought leadership for corporate action to support and engage in a just transition. As companies in all sectors work to halve global emissions by 2030, they will have to account for ensuring positive impacts on their employees and communities while preparing for net-zero, a resilient future and a more equal society.

 

Notes to Editors

About the “Business Ambition for 1.5°C — Our Only Future” campaign

The Business Ambition for 1.5°C campaign is an urgent call to action for companies to set

science-based emissions reduction targets in line with a 1.5°C, net-zero future. Launched

in May 2019 by the SBTi in partnership with the UN Global Compact and We Mean Business Coalition, it is backed by a global coalition of UN agencies, business and industry leaders. For more information please visit the campaign website. Find out more in Status Report: Business Ambition for 1.5°C – Responding to the Climate Crisis.

 

About the Science Based Targets initiative

The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050. The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature and one of the We Mean Business Coalition commitments. The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets. www.sciencebasedtargets.org @sciencetargets

 

About the United Nations Global Compact

As a special initiative of the UN Secretary-General, the United Nations Global Compact is a call to companies everywhere to align their operations and strategies with Ten Principles in the areas of human rights, labour, environment and anti-corruption. Our ambition is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the Sustainable Development Goals through accountable companies and ecosystems that enable change. With more than 13,000 companies and 3,000 non-business signatories based in over 160 countries, and 69 Local Networks, the UN Global Compact is the world’s largest corporate sustainability initiative — one Global Compact uniting business for a better world.

For more information, follow @globalcompact or @GlobalCompactNL / @Global Compact Network Netherlands and visit the website of UN Global Compact at unglobalcompact.org

 

For interview requests, please contact: communications@sciencebasedtargets.org

Alex Gee, United Nations Global Compact +44 7887 804594

gee@unglobalcompact.org

Rosie Williams, Science Based Targets initiative

rosie.williams@cdp.net

Look back with us on the National Sustainability Congress

Look back with us on the National Sustainability Congress

Look back with us on the National Sustainability Congress

On 11 November 2021, the National Sustainability Congress (NSC) took place at Theather Gooiland in Hilversum. This year, it was a special edition, the 20th anniversary. It was completely sold out, 750+ visitors. The day started with the ‘CEO Breakfast‘. During this breakfast, CEOs of 9 leading companies joined the UN Race to Zero. The program at the congress was filled with interesting workshops, panel discussions, and inspiring keynote speakers. Keynote speakers such as Paul Polman, Co-Chair of the UN Global Compact, Mariëtte Hamer, President at SER, and Ingrid Thijssen, President at VNO-NCW.

To look back on this inspiring congress, we interviewed Folkert van der Molen, co-organizer of the National Sustainability Congress and owner of Van der Molen E.I.S..

“(..) Paul Polman’s keynote speech was the highlight.

Very inspiring and thought-provoking with a clear call for leadership and action.”

Folkert, please introduce yourself “

“My name is Folkert van der Molen, an entrepreneur and run a number of web portals on sustainability including the ‘Online Kenniscentrum Duurzaam Ondernemen’ and ‘Portaal Duurzaam Financieel’. In the year 2000, I, together with CKC Seminars, initiated the National Sustainability Congress. I have organized the content of all the 20 editions.”

The Sustainable Development Goals (SDGs) consist of 17 goals. Which of the 17 SDGs means the most to you?

“SDG 12, Sustainable Consumption and Production, means the most to me. This is because I have the most content with it. Also, my main portal, the Online Knowledge Center Sustainable Business, is actually entirely dedicated to this SDG.”

Could you tell more about the National Sustainability Congress?

“The NSC is the annual largest sustainability congress in the Netherlands with a rich history. It is also the longest-running sustainability congress in the world. You can see it as an annual ‘benchmark’ on the road to a sustainable Netherlands. The 20th edition was fully booked. Most participants came from business, but also from science, consultancy, NGOs, and government.”

“Get to work; the time for nice words and good intentions is over.

Close coalitions, trial and error, learn from mistakes and make progress!”

Which speaker or session made the most impression on you?

“As an organizer, I have limited experience in the program. I was busy hosting speakers and with other kinds of organizational matters. What I have heard widely is that Paul Polman’s keynote speech was the highlight. Very inspiring and thought-provoking with a clear call for leadership and action.

Afterward, I told him that in all the years that he was CEO at Unilever I had never succeeded in getting him to speak. I was therefore very grateful that it had finally happened, and that on the 20th anniversary.”

 

Did the event result in concrete actions?

“For many, it had been about 2 years since, because of the pandemic, they had attended such a large-scale sustainability event. The new connections are bound to lead to new agreements and ideas that will lead to actions. The film premiere of ‘Beyond Zero’, following the conference in the evening, was also a call for action to a full house. With the ‘100 Months to Change‘ transformation program that was introduced after the film screening, companies can quickly take action with the tools provided. For example, by putting together an ‘eco-team’ within the company (similar to Interface).”

What would you like to give readers who want to start working with sustainability?

“Get to work; the time for nice words and good intentions is over. Close coalitions, trial and error, learn from mistakes and make progress!”

Videos and photos

Video: https://www.youtube.com/watch?v=f0lihItRj8Q

Photos of the CEO Breakfast: ​​https://photos.app.goo.gl/RXLu2J82NNY9Xp4S6

Photo’s of the highlights of the NSC: https://photos.app.goo.gl/XMDsi6eNaBs2HTv28

Video impression, photos and report film premiere Beyond Zero: https://www.duurzaam-ondernemen.nl/filmpremiere-klimaatfilm-beyond-zero-groot-succes-dit-geeft-hoop/

Leading companies commit to limiting global warming to 1.5°C CEOs call national governments to action

Leading companies commit to limiting global warming to 1.5°C CEOs call national governments to action

Leading companies commit to limiting global warming to 1.5°C

CEOs call national governments to action

11 November, 2021

HILVERSUM – This morning a group of leading CEOs announced that their companies have joined the UN Race to Zero, which is the UN-backed global campaign rallying non-state actors across the global economy to take rigorous and immediate action to halve global emissions by 2030 and deliver a healthier and fairer zero carbon world in time.

The pledge was made during the CEO breakfast session chaired by business leader and changemaker, Mr. Paul Polman. The companies FrieslandCampina, Eneco, Port of Rotterdam, Nederlandse Spoorwegen, Compass Group Netherlands, Randstad, Vebego, and Rabobank attended the event and signed the statement. The companies are committed to the Science Based Targets initiative (‘SBTi’) Business Ambition for 1.5⁰C pledge, or the Net-Zero Banking Alliance. Both are official partners of the Race to Zero campaign. The companies committed to having ambitious interim science-based targets aligned with limiting global warming to 1.5°C and/or to reach net-zero global emissions by 2050 at the latest. They realize that more ambition is needed to combat the ever more visible and concrete danger of climate change, and with this commitment they promise to accelerate their decarbonization efforts.

The CEO breakfast was organized on the morning of the Dutch National Sustainability Congress 2021 and on day eleven of the 26th UN Climate Change Conference of the Parties (COP26). The objective of this CEO breakfast was to build momentum around the shift to a decarbonized economy at COP26, sending national governments a resounding signal that business, cities, regions and investors are united in meeting the Paris goals.

Business Ambition for 1.5°C

Business Ambition for 1.5°C is led by the SBTi in partnership with the UN Global Compact and the We Mean Business Coalition. It is an urgent call to action from a global coalition of UN agencies, business and industry leaders, in partnership with the Race to Zero. So far, over 950 companies have signed the Business Ambition for 1.5°C commitment. The targets of these businesses have been or will be independently validated by the technical experts of SBTi.

CEO Breakfast

The CEO breakfast was organized the morning of the special 20th anniversary edition of the Nationaal Sustainability Congres (NSC), the longest existing sustainability congress in the world. The breakfast was organized by Global Compact Network Netherlands, and the NSC organizers Van der Molen E.I.S., CKC Seminars and Sustainalize (ERM Group). The catering was sponsored by Famous Flavours.

COP26 in Glasgow

COP26 in Glasgow

COP26 in Glasgow

Linda van Beek

Executive Director at Global Compact Network Netherlands

On 31 October, the COP26 in Glasgow started. This is considered as the Climate Summit after the Paris Agreement in 2015. Many people who are having huge concerns about climate change, will appreciate the fact that business leaders, sustainability experts, and governments come together to talk about climate change. But the question is: what will these companies and governments change after the COP26 to implement a more rigorous climate policy and to take more ambitious actions? It is exactly this last question that motivates Global Compact Network Netherlands to increase their call on their members to stand for a more ambitious commitment, to define concrete targets and implement these in their business. During the COP26, UN Global Compact organizes a big virtual event ‘Business Ambition for Climate Change’ and Global Compact Network Netherlands organizes a CEO breakfast with companies that joined the UN Race to Zero.

Business Ambition for Climate Change – 10 November

During the virtual event ‘Business Ambition for Climate Action’, corporate sustainability experts and business leaders, plus heads of UN agencies and civil society organizations will come together to showcase concrete actions for a net-zero economy, to increase society’s resilience and highlight strategies to unlock climate finance. Register here for the event.

CEOs commit to the UN Race to Zero

On the morning of 11 November 2021, a group of leading CEOs comes together just before the National Sustainability Congress. Their companies have joined the UN Race to Zero,. which is an UN-backed global campaign rallying non-state actors across the global economy to take rigorous and immediate action to halve global emissions by 2030 and deliver a healthier and fairer zero carbon world in time. The UN Race to Zero consists of various initiatives. Such as the Business Ambition for 1.5⁰C and the Net-Zero Banking Alliance.

The Business Ambition for 1.5⁰C is initiated by the Science Based Targets Initiative in partnership with the UN Global Compact.

The Net-Zero Banking Alliance brings together banks worldwide. This initiative is UN-convened and Industry-led.

And now?

Are we sure this call for urgency, these commitments and statements, will be enough to save the climate and our world? No, it is for sure not enough. But they will help to point the noses in the same direction of a sustainable and inclusive world. To take the SDGs as a compass for our strategy, policy, and business. And bold leadership from individual companies will certainly deliver a snowball effect.

A dialogue with Shirley Goossens

A dialogue with Shirley Goossens

A dialogue with Shirley Goossens, Project Manager at Rabobank

Upcoming Monday, 1 November 2021, the 100k Actions Challenge of AWorld and Global Compact Netwerk Nederland will be launched. This is an initiative of one of the teams of the Young Professionals Program (YPP). To find out more about the challenge and the YPP, we talked to Young Professional Shirley Goossens, Project Manager at Rabobank.

 

Shirley, do you want to introduce yourself?

“My name is Shirley Goossens, 27 years old and living in Rotterdam. I am currently working at Rabobank in the sustainability department, in the SDG Transitions team. Within this team, we focus on developing products and services, with the aim of supporting our customers to achieve sustainable transitions through innovative solutions.”

Shirley Goossens

Shirley Goossens

Project Manager at Rabobank

“It’s nice to both expand my network and to actually make an impact with each other”

The YPP is a challenging SDG leadership program for ambitious and inquisitive young professionals between the age of 25 and 35. In this program, you will develop essential leadership skills and deliver an impactful SDG project with a multidisciplinary team of like-minded young professionals. Every year different teams do start. In December 2020, Shirley’s YPP team, called Green Gurus, started.

What is your role within the YPP team?

“In the first six months of the YPP, I was Team Captain together with Doruk Sirtioglu. This meant that we were responsible for setting up deliverables, monitoring progress, moderationing the meetings and setting up a structure in which everyone could contribute. Subsequently, two other team members took over this role, so that I am now ‘just’ part of a workstream. Our project is divided into two workflows and the team members are divided into one of these two streams, based on their own preferences.”

What has the YPP brought you?

“The YPP helps me in several ways:

  1. I’m learning more about sustainability. This is because master classes are organized from the program, on different topics. Topics such as on how sustainability can be integrated within the organization strategy, how sustainability can be reported or how sustainability can be integrated into business processes. In addition, our own YPP team has chosen to organize ‘lunch & learns’ ourselves, where we have been in conversation with the Mayor of Leeuwarden, Sybrand van Haersma Buma, among others.
  2. The program supports my personal development. During this program you can – through the different roles offered in the program – develop yourself personally. I chose to become a Team Captain because I wanted to further develop my skills as project manager and moderator. In addition, you can also choose tasks within a workflow where you can develop specific skills, so that this benefits your personal development.
  3. The program offers me the tools to take action in the field of sustainability together with other, enthusiastic young professionals from different companies. It is nice to both expand my network and to actually make an impact with each other. In addition, you get the freedom to decide for yourself what exactly you want to work on, and how exactly you want to do this.”

Would you recommend the Young Professionals Program to others?

“I would definitely recommend the YPP to others. You will come into contact with many professionals who work on sustainability. You can learn a lot from this. It is also very fun and educational to start and complete a project yourself, in collaboration with other young talents from different organizations. It helps you in expanding your network and there is also a lot to learn from each other. However, it is important to realize that you participate in a program, in which you as a team are self-managing. The team’s own input also determines the output. The team is guided and supervised by a senior team coach.”

Would you like to tell us more about your SDG project?

“The project we focus on is the ‘100k Actions Challenge’. This challenge runs from 1 November to 15 December 2021 in which we invite everyone to take action to combat climate change by developing a sustainable lifestyle. We do this in collaboration with AWorld, an app in which you can learn about sustainability and save actions you have taken. These actions are translated into CO2, water and electricity savings. In this way we measure the impact of all participants of the challenge. The objective is to have 100,000 saved actions in the app during the challenge. To launch the challenge, we are organising a virtual event on 1 November from 11:00 to 12:00 in which we invite various experts and discuss how to develop a sustainable lifestyle. We cordially invite everyone to participate in the launch. You can sign up here: https://bit.ly/3m09Rah”

How did you come to this topic?

“At the beginning of the program, everyone was asked to pitch an idea for an SDG project. Together we opted for the idea that to let everyone become the most sustainable version of themselves. We all agreed that many people want to be sustainable, but do not always know how or do not always implement this in practice. We therefore wanted to make an effort to minimize the difference between the intention / action gap. Once decided, we found AWorld, in which this is central. We then contacted the Italian founders of the app and entered into a partnership with them. We believed that we could make more of an impact in this way than if we were going to develop something ourselves.”

What is the goal and when did the project succeed?

“The ultimate goal is to make consumers live as sustainably as possible, where this is fully integrated into their lifestyle and has become a habit. The AWorld app is a means to guide consumers during the integration through tips, tricks and knowledge sharing. This app also helps to make the impact that we have realized measurable. Our goal is to achieve 100,000 actions with all participants of our community in the AWorld app, during the period 1 November to 15 December 2021.”

“What has been the most important lesson for me is that through collaboration you can achieve more than alone.

Shirley Goossens

Project Manager, Rabobank

When the challenge is over, what happens to the app?

“The app will continue to exist after the challenge and we hope that everyone will continue to use it. New insights are constantly being shared, and in the field of sustainability and integration into your own lifestyle, there is always something new to learn. AWorld will help you with this!”

What is the most important lesson you’ve learned from the Young Professionals Program?

“What has been the most important lesson for me is that through collaboration you can achieve more than alone. That may seem obvious, but as a team we initially got the most energy from developing something new, namely a kind of ‘guide’ with which consumers could learn more about sustainability and develop a sustainable lifestyle. However, we can achieve more impact by promoting the AWorld app. This is so well put together and a lot of work has already been done in this, more than we could have ever realized ourselves. By making use of this, we strengthen AWorld, and they strengthen us. What helped us enormously in this collaboration is that the Italian founders of AWorld made an employee available from Italy to be part of our project team, so that we could quickly switch with each other. “

Can you apply these lessons in your career at Rabobank?

“At Rabobank, too, cooperation with external parties is very important, especially when it comes to a subject such as sustainability, in which there is a collective interest. You want to make an impact, and that goes faster together than alone. In addition, you can learn a lot from other parties, I am certainly in favor of doing this more often.”

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