THE BUSINESS END OF CLIMATE CHANGE
Summary
The document highlights a gap between current emission trends and the targets of the Paris Agreement, estimating that while governments' commitments will reduce emissions by 6bn tonnes, a significant gap remains. It asserts that five specific business initiatives—Science Based Targets, EP100, RE100, Zero Deforestation, and the Low Carbon Technology Partnership Initiative (LCTPi)—could cut emissions by up to 4.2bn tonnes if they reach their membership targets, or up to 10bn tonnes if all relevant companies join. The text calls for businesses to commit to these actions to gain competitiveness and cost reductions, while urging governments to implement ambitious policies to support this transition.
Key insights
- There is a significant gap between projected global emissions and the levels required to keep temperature change 'well below 2°C' by 2030. While current trends and policies suggest emissions will be near 61bn tonnes, the target is 42bn tonnes; government commitments under the Paris Agreement are estimated to reduce this by 6bn tonnes, leaving a remaining gap.
- Five specific business initiatives—Science Based Targets, EP100, RE100, Zero Deforestation, and the Low Carbon Technology Partnership Initiative (LCTPi)—have the potential to significantly reduce emissions. If these initiatives reach their membership targets, they could cut up to 4.2bn tonnes of emissions, and if all relevant companies join, the reduction could reach 10bn tonnes by 2030, bringing the global total to 45bn tonnes.
Cite the original document
- APA
- We Mean Business Coalition (n.d.). THE BUSINESS END OF CLIMATE CHANGE. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/BECC_Business-Summary_0.pdf
- Chicago
- We Mean Business Coalition. THE BUSINESS END OF CLIMATE CHANGE. n.d. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/BECC_Business-Summary_0.pdf.
- Wikipedia
- {{cite report |author=We Mean Business Coalition |title=THE BUSINESS END OF CLIMATE CHANGE |url=https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/BECC_Business-Summary_0.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{wemeanbusinesscoalitionndbusiness, author = {{We Mean Business Coalition}}, title = {{THE BUSINESS END OF CLIMATE CHANGE}}, institution = {We Mean Business Coalition}, url = {https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/BECC_Business-Summary_0.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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