Prompted by the Paris Agreement and the need to reduce greenhouse gas emissions at a faster pace, governments across the world are reviewing their initial ambitions, and looking at what is required to deliver on the goal of ‘net zero’ emissions. Achieving this goal requires further discussion, with every sector and region involved. Business has a unique and crucial role to play, and as public debates gather momentum at national, European and international levels, businesses will be expected to change their operations in order to deliver on this vision.The Corporate Leaders Groups are calling on governments to set net zero goals in line with the Paris Agreement, and are working to lead their business peers to work with governments on what a net zero economy could look like. |
Blog: How climate action is transforming the very fabric of business
18 December 2018 – Karl Henrik Sundström is CEO of StoraEnso, a provider of renewable solutions in packaging, biomaterials, wood construction and paper and member of The Prince of Wales’s Corporate Leaders Group. Here he reflects on the need for governments to publically commit to net zero carbon emissions to lay down the indicators of success for businesses.
Blog: How Europe can lead the way to a prosperous, zero carbon economy
28 November 2018 – Eliot Whittington, Director of The Prince of Wales’s Corporate Leaders Group reflects on the EU’s opportunity to become the first major economic region to formally commit to the rapid and complete decarbonisation necessary to create a stronger and more circular economy.
EU Commission presents vision for achieving a clean planet by 2050
28 November 2018 – Today the European Commission set out its long term vision for a climate neutral and prosperous Europe, aiming to achieve the goals of the Paris Agreement and contribute to the delivery of the UN Sustainable Development Goals.
Letter from CEOs to UK Prime Minister calls for a net zero emissions goal by 2050
26 November 2018 – Members of The Prince of Wales's Corporate Leaders Group (CLG) have written to Prime Minister Theresa May, calling on the UK Government to fulfil the promises made in the Paris Climate Agreement and aim for net zero emissions by 2050 at the latest.
Letter from the Corporate Leaders Group to the Environment Council on the EU’s climate ambitions
4 October 2018 – The Corporate Leaders Group has published a letter to Environment Ministers outlining why the EU’s leadership is essential in achieving net zero emissions by 2050 at the latest. With this long-term view in place, the EU will inevitably need to upwardly review its interim targets for 2030 to make sure they capture the progress to date and are consistent with these goals.
Blog: Three outcomes businesses need from Jerry Brown’s Global Climate Action Summit
14 September 2018 – Eliot Whittington, Director, Corporate Leaders Group reflects on the three main outcomes required from the Global Climate Action Summit to put the world on track towards a zero carbon future
Global Climate Action Summit: Governments Must Aim for Net Zero Carbon Emissions Before 2050, Say Business Leaders
12 September 2018 – Leading CEOs back calls from the Prince of Wales’s Corporate Leaders Group for ambitious targets to inspire transition to a low-carbon economy.
Aiming for Zero: Long-term certainty for economic prosperity
12 September 2018 – The Paris Agreement is a historic landmark for both international diplomacy and action on climate change. The Agreement sets out an ambition, and a framework, to limit climate change and global temperature rise to well below 2°C, with efforts to limit this to 1.5 °C. To be Paris compliant, and to have any hope of limiting temperature rise to 1.5 °C, it is clear from the latest science that global emissions must now fall to net-zero as early as possible in the second half of this century. For developed economies such as the EU’s, whose leadership is essential in this, the achievement of net zero emissions must therefore be by 2050 at the latest.