Climate Week officially ended on Sunday. Similar to Earth Day / Week, it’s time for companies to make a number of climate-related presentations and speakers to provide insights in speeches and panel discussions. (Historically, this event runs in parallel with the UN General Assembly, where climate is the central agenda.)
Last week, Bill McKibben, co-founder of the Grassroots Climate Campaign 350.org, wrote about Climate Week: New Yorker: “I’m glad it’s happening, but consider the climate crisis as standard, as well as the endless annual global climate negotiations (this year will be November in Glasgow). There is a danger of becoming our spiritual furniture, and not what it really is: a time-limited emergency that must now be fully addressed. “
Indeed, the impact of climate change is already here, and with that in mind, the theme of this year’s Climate Week — “Achieve it“—I feel particularly relevant. Achieving that means Take radical and urgent action The latest IPCC report shows that it is requesting and operating in a different way than it is today.One way to do that Ensure a fair transition..
“When I think about just transition, I realize that many of the values behind our way of doing things today are rooted in colonialism. That’s what we literally say with people and me. Our location and resources, and the colonial way of thinking that commercialized our land. “Gloria Walton, President and Chief Executive Officer of the Solution Project, said. Climate Week Opening Ceremony..
Walton said this idea made a profit at mass consumption, mass production, mass waste, and at any cost. “We really need to move away from these outdated values and start thinking about the implications of sustainability. We need to think about today as much as we think about tomorrow,” she said.
With that in mind, some of the dozens of declarations and commitments that arrived in my inbox last week stand out. In no particular order, there are eight initiatives by government, investors and businesses. These initiatives, if implemented quickly, will help us achieve them.
1. Long-awaited commitment
President Joe Biden during the UN General Assembly Promised to double federal financial support to help low-income countries tackle the climate crisis.. The proposed annual climate funding of $ 11 billion First $ 5.7 billion announced in April — Requires parliamentary approval. According to Quartz..
“We need to make sure that domestic and international investments help achieve mitigation goals, achieve sustainable economic recovery and strengthen resilience to the effects of climate change,” said the Sustainable Energy Business Council. Lisa Jacobson said. statement.
“BCSE supports the United States’ new financial commitment to international development and climate protection.”
The announcement represents new optimism about next month’s COP26 process, along with China’s pledge not to fund the new coal-fired power plant.
2. Companies to Congress: Act Now
Over 100 beauty and wellness brands Representatives from all sectors of the $ 500 billion beauty industry are working together to encourage people to advocate climate policy from lawmakers. CodeRed4Climate..
This initiative was developed by skin care company Versed in collaboration with fellow skin care company Youth To The People and Call 4 Climate, a project of the non-profit media lab Fossil Free Media. In addition to encouraging people to call the House of Representatives, the company wrote an open letter to Senators and representatives. Signatories include other beauty companies such as Elf Cosmetics, Common Heirs, Milk Makeup, Hana Hana Beauty, and Summer Friday.
“As business leaders, employers, community members, and parents, we, with you, are deeply concerned about the future human and financial well-being of our great nation,” they write. I am. “But it’s not enough to care.”
My colleague Sarah Golden Her newsletter last weekThe corporate climate advocacy was too quiet. “They can’t be on the right side of climate history and can’t be part of an organization that fights to maximize the potential of climate law,” she wrote. It is important that some people are speaking.
3. City best practices
World Economic Forum Launched the platformDeveloped in collaboration with Accenture, it includes “more than 200 key practices and case studies to increase urban sustainability and reduce emissions.”
“Decarbonization solutions already exist. You don’t have to wait for the next big innovation. This platform provides examples of policies and business models that are used successfully around the world. From 200 solutions. We have started and are looking forward to more solutions. Next year’s course. ” Kristen Panerari, Head of Energy, Materials and Infrastructure Programs at the World Economic Forum’s Net Zero Carbon City, said: statement..
The United Nations has 68 percent of the world’s population Live in the city by 2050As such, cities will play an important role as the world competes to reach zero net emissions over the next 29 years. This kind of shared knowledge platform takes planners one step closer and accomplishes it.
4. Investment in large-scale grid transmission in New York
New York Governor Kathy Hokul announces two major green energy infrastructure projects Powers New York City. Projects — Clean Path New York and Champlain Hudson Power Express — will power five districts with wind, solar and hydropower projects from northern New York and Canada by investing in new transmission lines.
“These transformation projects benefit both sides. They offer thousands of new high-paying jobs across the state and attract billions of dollars in private investment,” Hochul said. Told SI Live.. “They also helped turn pages about New York City’s long-standing dependence on fossil fuels, making millions of New Yorkers, especially those living in our most vulnerable communities, cleaner air and healthier. I will be able to promise the future. “
The project is estimated to reduce the city’s greenhouse gas emissions by 77 million tonnes, create 10,000 jobs and bring $ 8.2 billion in economic development investment to the state over the next 15 years.
New York is competing with California for climate leadership, and its actions stand as a model for other states. “We are no longer happy to lead the country. We want to lead the world, which means setting even more ambitious goals,” Hochul said at the opening of Climate Week. Said in the formula.
5.5. $ 5 billion for biodiversity
This is the amount promised by nine charities over the next decade. “To support the creation and expansion of protected areas, the sustainable management of the world’s oceans, and indigenous people-led protection.. “
Money for Defend the challenges of our planet Come from Bezos Earth Fund, Arcadia, Bloomberg Philanthropies, Gordon and Betty Moore Foundation, Nia Tero, Rainforest Trust, Re: wild, Wyss Foundation, Rob and Melani Walton Foundation. It supports the “30×30” initiative, a global goal to protect 30% of the planet by 2030.The statement about the pledge, this is Largest Private Funding Commitment to Biodiversity Conservation..
“Today’s announcement shows that the world has converged on the need to reverse the loss of nature and is beginning to mobilize large amounts of money,” said Marco Lambertini, Secretary-General of the World Wildlife Fund. Says. statement It pointed out Analysis from Paulson Lab This suggests that we will need to spend between $ 722 billion and $ 966 billion annually over the next decade to reverse the decline in biodiversity by 2030.
6. CFO opens wallet
60 Chief Financial Officers Jointly Invest over $ 500 billion over the next five years towards sustainable development goals.. Executives from various companies are part of the CFO Task Force of the United Nations Global Compact.
Alberto de Paoli, CFO of Eneru, said: Co-Chair of the CFO Task Force, who spoke at the Uniting Business LIVE event where the commitment was announced. “Now we aim to raise awareness and help create the environment needed to attract more capital for sustainable development.”
The Task Force is working to recruit hundreds of UN Global Compact participants to increase the amount of corporate investment in line with sustainability goals and outcomes. With that in mind, it expects this initial financial commitment to increase over time.
Next Level of Corporate Environment Initiatives
7. Salesforce declares it’s a Net Zero company
The declaration applies to the entire value chain (Scopes 1, 2, and 3), and Salesforce states that it has achieved 100% renewable energy in its operations. It was noted that it achieved this goal by doing the following:
- Prioritize reducing emissions as quickly as possible, aligning emissions across our unique value chain with a global trajectory of approximately 50% reduction by 2030
- Make up for the remaining emissions by purchasing renewable energy and carbon credits
The company also launched Sustainability Cloud 2.0, a platform designed to help other companies reach Net Zero faster.
“We promised to have a net positive impact on climate,” said Roma McCaig, Senior Vice President of Impact and Communications at Clif Bar & Company, in a statement about the announcement. “That’s why we’re leveraging Salesforce’s Sustainability Cloud to help our suppliers reduce their carbon emissions while further increasing their visibility of carbon emissions.”
In April, Salesforce notified its suppliers that all future procurement agreements would include the following words: Science-based goals need to be set to reduce greenhouse gas emissions.. Also, given the impact software companies have on large enterprises (for example, used in over 80% of Fortune 500s), mature Sustainability Cloud products can be the driving force in the right direction.
8.8. Unilever announces Climate Promise for suppliers
The company describes the program as “an invitation to show suppliers the common values and commitment to stay at the forefront of global goals and reduce their value chain greenhouse gas (GHG) footprint.” bottom.
Megacorporations are encouraging major suppliers with the greatest impact on the world’s climate to do three things: Set public climate targets to halve absolute GHG emissions by 2030. Publicly report on progress towards achieving this goal. Share greenhouse gas emissions / footprint data with Unilever.
so World Economic Forum ArticlesDave Ingram, Unilever’s Chief Procurement Officer, said the company sources from over 56,000 suppliers. “Therefore, we have developed a comprehensive approach that covers the entire upstream value chain and identified where we need to focus our efforts to maximize impact,” Ingram writes.
Development of eight climate weeks that can help “get it done”
https://www.greenbiz.com/article/8-climate-week-developments-can-help-get-it-done Development of eight climate weeks that can help “get it done”