DSM CEO Feike Sijbesma: Running the race together
Summary
DSM CEO Feike Sijbesma advocates for the implementation of global carbon pricing to unlock private sector finance and innovation. He highlights the role of the Carbon Pricing Leadership Coalition (CPLC) in supporting companies with internal carbon pricing and urges business leaders to call for price levels that align with a well-below 2-degree world, specifically mentioning a target of at least $40 per ton.
Key insights
- Governments can unlock trillions in climate finance from private sector investors and companies by implementing prices on pollution and heat-trapping gases, which integrates incentives into the economic system to fund the low-carbon transition.
- Recent progress in carbon pricing includes the launch of an emissions trading system in China, the European Union's commitment to gradually withdraw excess emissions allowances to improve price levels, and initiatives to link carbon pricing systems in the Americas.
- Approximately 1,400 companies are currently implementing internal carbon pricing to 'future-proof' their operations, with the Carbon Pricing Leadership Coalition (CPLC) providing materials and best practices to support this process.
- Business leaders, including the WEF CEO Climate Leaders, have called for carbon prices of at least $40 per ton to provide direction toward a world limited to well-below 2 degrees of warming.
- Because a single universal global price is unlikely to emerge, the goal is to create a 'global patchwork' of national carbon price policies, which helps mitigate business competitiveness concerns through coordinated government action.
Cite the original document
- APA
- Sijbesma, F. (2018). DSM CEO Feike Sijbesma: Running the race together. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/dsm-ceo-feike-sijbesma-running-race-together/
- Chicago
- Sijbesma, Feike. DSM CEO Feike Sijbesma: Running the race together. We Mean Business Coalition, 2018. https://www.wemeanbusinesscoalition.org/blog/dsm-ceo-feike-sijbesma-running-race-together/.
- Wikipedia
- {{cite press release |last1=Sijbesma |first1=Feike |title=DSM CEO Feike Sijbesma: Running the race together |publisher=We Mean Business Coalition |date=19 April 2018 |url=https://www.wemeanbusinesscoalition.org/blog/dsm-ceo-feike-sijbesma-running-race-together/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{sijbesma2018dsm, author = {Sijbesma, Feike}, title = {{DSM CEO Feike Sijbesma: Running the race together}}, publisher = {We Mean Business Coalition}, year = {2018}, month = apr, url = {https://www.wemeanbusinesscoalition.org/blog/dsm-ceo-feike-sijbesma-running-race-together/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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