The climate crisis needs climate leadership from businesses now
Summary
The We Mean Business coalition calls for corporate climate leadership based on three pillars: aligning ambition with science-based targets, implementing concrete actions including supply chain engagement, and advocating for bold government policies. The text highlights companies like PayPal, Walmart, Ford, Facebook, LafargeHolcim, Amazon, and Ørsted as examples of businesses increasing their climate commitments or implementing decarbonization strategies.
Key insights
- To be considered a climate leader, a business must follow a three-part approach: responding with ambition, delivering that ambition through action, and using advocacy to secure broader change.
- Corporate ambition should be aligned with climate science, specifically by targeting net-zero emissions by 2050 at the latest and establishing interim targets via the Science Based Targets initiative (SBTi).
- Effective climate action requires companies to engage their supply chains, with small and medium sized enterprises (SMEs) being able to utilize the SME Climate Hub for target setting, and maintaining transparency through reporting and disclosure.
- Several major corporations have recently increased their climate commitments; PayPal, Walmart, Ford, and Facebook announced strategies to accelerate the zero-carbon transition, and nearly 300 companies have joined the Business Ambition for 1.5 Degrees C campaign.
- Specific corporate examples of leadership include LafargeHolcim aligning its 2030 decarbonization pathway with the 1.5 degrees Celsius goal, Amazon purchasing 1,800 electric delivery vans from Mercedes-Benz and 100,000 from Rivian Automotive by 2030, and Ørsted advocating for government targets on carbon reduction and renewable energy.
Cite the original document
- APA
- Mendiluce, M. (2020). The climate crisis needs climate leadership from businesses now. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/the-climate-crisis-needs-climate-leadership-from-businesses-now/
- Chicago
- Mendiluce, Maria. The climate crisis needs climate leadership from businesses now. We Mean Business Coalition, 2020. https://www.wemeanbusinesscoalition.org/blog/the-climate-crisis-needs-climate-leadership-from-businesses-now/.
- Wikipedia
- {{cite press release |last1=Mendiluce |first1=Maria |title=The climate crisis needs climate leadership from businesses now |publisher=We Mean Business Coalition |date=30 September 2020 |url=https://www.wemeanbusinesscoalition.org/blog/the-climate-crisis-needs-climate-leadership-from-businesses-now/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{mendiluce2020climate, author = {Mendiluce, Maria}, title = {{The climate crisis needs climate leadership from businesses now}}, publisher = {We Mean Business Coalition}, year = {2020}, month = sep, url = {https://www.wemeanbusinesscoalition.org/blog/the-climate-crisis-needs-climate-leadership-from-businesses-now/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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