Summary
The We Mean Business Coalition urges companies and policymakers to transition to zero-carbon economies, highlighting the economic opportunities of a low-carbon shift and the necessity of science-based targets. It calls for businesses to commit to net-zero emissions by 2050, join initiatives like RE100, EV100, and EP100, and advocate for ambitious government policies to create 'ambition loops' for climate action.
Key insights
- Transitioning to a low-carbon economy presents a significant economic opportunity, with the potential to generate $26 trillion in growth and 65 million new jobs by 2030.
- Substantial business momentum already exists, with over 900 companies making climate commitments, including more than 550 aligned with the Paris Agreement and 175 committed to 100% renewable electricity via RE100.
- The coalition demands that all companies set science-based emission reduction targets aligned with a 1.5°C warming limit and reach net-zero greenhouse gas emissions by 2050 at the latest.
- Governments are urged to establish long-term strategies for net-zero domestic CO2 emissions by 2050 to provide the policy clarity and confidence businesses need to invest in zero-carbon technologies.
Cite the original document
- APA
- We Mean Business Coalition (2019). Step Up. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/step-up/
- Chicago
- We Mean Business Coalition. Step Up. 2019. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/step-up/.
- Wikipedia
- {{cite press release |author=We Mean Business Coalition |title=Step Up |date=29 May 2019 |url=https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/step-up/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{wemeanbusinesscoalition2019step, author = {{We Mean Business Coalition}}, title = {{Step Up}}, publisher = {We Mean Business Coalition}, year = {2019}, month = may, url = {https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/step-up/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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