Read the full story in GreenBiz.
“Raising Ambition: The Role of Business in Getting to Net Zero” was produced by climate solutions specialists Natural Capital Partners as a contribution to the U.N. Framework Convention on Climate Change’s (UNFCCC) Talanoa Dialogueinitiative. (The aim of these “inclusive, participatory and transparent” discussions is to bring fresh perspectives from a wide range of people and organizations on how to increase climate ambition ahead of COP24 in Katowice in December, when details on implementing the Paris Agreement are finalized.)
Over the course of five months, the company convened seven discussions in five countries across Europe and North America, attended by senior sustainability and business leaders from 61 companies with a collective revenue of over $1.3 trillion. During the three-hour sessions, businesses were invited to share their own climate action stories and discuss how to raise the global ambition for more action by everyone.
As well as providing a clear set of recommendations to policy makers, the report acts as a rallying cry to the private sector to face up to its environmental responsibilities by taking action, now. It draws on contributions to make the case that being climate active is actually good for business, and that achieving net zero — arguably business’s single most effective response to the climate challenge — is not just possible, but also beneficial.