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The We Mean Business Coalition calls on G7 nations to decarbonize their power systems by 2035, eliminate fossil fuel subsidies by 2025, and mandate that all new light-duty vehicles sold be zero-emission by 2035 to support a stable global economy and limit temperature rise to 1.5ºC.

The We Mean Business Coalition urges G7 leaders to implement policies that scale up renewable energy and phase out fossil fuels. Citing a report by Cambridge Econometrics, the author asserts that such a transition could save G7 households an average of $500 per person annually by 2030 and create millions of global jobs. The statement warns that investing in new fossil fuel infrastructure creates stranded assets and jeopardizes the 1.5C warming limit, calling instead for faster permitting of renewables and workforce reskilling.

The We Mean Business Coalition and Stiftung KlimaWirtschaft call on G7 leaders to accelerate the clean energy transition by setting a 2030 deadline to end coal-fired power and domestic fossil fuel subsidies. The authors argue that a shift to renewables, including a target of 70% renewable electricity by 2030, would mitigate energy price volatility, create millions of jobs, and prevent stranded assets. They specifically advocate for scaled-up finance for energy efficiency and storage, common standards for renewable hydrogen, and the use of the proposed 'Climate Club' to support developing countries.

The report examines the economic opportunities of transitioning to net-zero emissions by 2050 across several major economies. It argues that public investment can drive innovation and growth through signalling, crowding-in private capital, and reducing unit costs. While fossil fuel-exporting nations like the US, Canada, and Indonesia may face long-term GDP losses as global demand for hydrocarbons falls, the report finds that most subject economies—including the EU, UK, India, Japan, and South Africa—experience net gains in GDP and employment. The transition is predicted to significantly reduce household expenditure on fossil fuels, improve public health by reducing pollution, and enhance energy security, particularly for the EU in the context of reducing dependence on Russian gas.

The report argues that an accelerated clean energy transition is economically beneficial, reducing household energy bills, creating jobs, and increasing GDP growth compared to business-as-usual scenarios. It outlines specific policy levers—such as decarbonizing power systems by 2035/2040 and phasing out coal—that can drive these gains. Modelling shows significant per capita energy savings in G7 nations and substantial job creation in developing economies like India and Indonesia.

The We Mean Business Coalition urges G7 leaders to lead a rapid transition away from fossil fuels through specific targets, including decarbonized power systems by 2035 and the elimination of fossil fuel subsidies by 2025. The coalition emphasizes that the war in Ukraine has highlighted the vulnerability of fossil fuel dependence and calls for strengthened NDCs, scaled-up renewable energy, and mandatory corporate climate disclosures to ensure a just and people-centred transition.

The We Mean Business Coalition calls for global consistency in corporate sustainability reporting to support the Paris Agreement and the Glasgow Climate Pact. The coalition argues that misalignments in terminology and definitions between the SEC, EFRAG, GRI, and ISSB risk undermining the impact of these standards and increasing reporting burdens for companies. Specifically, the coalition urges the CSRD to align with ISSB and GRI on impact materiality, calls on the US SEC to allow the use of ISSB standards to meet reporting obligations, and encourages the ISSB to establish itself as the global baseline for sustainability-related financial disclosures.

The We Mean Business Coalition highlights that companies using the Science Based Targets initiative (SBTi) are reducing emissions faster than the global average, noting a 12% cut in 2020 compared to a 5% global decrease. With 2,253 companies representing $38 trillion in market capitalization engaged with SBTi, the author urges G7 governments to align Nationally Determined Contributions (NDCs) with the goal of halving global emissions by 2030 and to create legal requirements for all companies to set targets. The document emphasizes that a just transition to clean energy—through renewables, electrification, and energy efficiency—is essential to enable businesses to decarbonize their value chains and meet these targets.

Business leaders call on the EU to prioritize the green transition as the primary strategic response to geopolitical instability and high energy costs. They advocate for a rapid shift away from fossil fuel subsidies, the acceleration of electrification across sectors, and a renewed focus on energy efficiency and the circular economy to ensure long-term energy independence and climate resilience.

The We Mean Business Coalition issued a statement of solidarity with the people of Ukraine following unprovoked aggression. The coalition supports the international community's use of political, diplomatic, and economic measures to end the conflict and emphasizes that collaborative leadership across borders is essential for solving global challenges, including the climate crisis.

The We Mean Business Coalition views current corporate net-zero commitments as a global experiment where first-movers must be encouraged to course-correct rather than be deterred by criticism. The Coalition advocates for an 'ambition loop' where voluntary corporate action drives more ambitious government policy, and vice versa. To support this transition, the Coalition highlights the importance of tools like the SBTi Net-Zero Standard and the work of the International Sustainability Standards Board (ISSB) to ensure transparency and consistency in reporting.

The We Mean Business Coalition asserts that the global energy system is vulnerable due to fossil fuel subsidies and unpredictable weather, as evidenced by Storm Arwen and European supply issues. It advocates for the immediate end of public coal financing, the removal of fossil fuel subsidies by 2025, and increased public investment in green infrastructure. The text highlights the role of corporate initiatives like RE100 and the First Movers Coalition in driving demand for renewables, while noting that countries such as China, Japan, and South Korea remain difficult geographies for sourcing renewable energy.

The We Mean Business Coalition welcomes the Glasgow Climate Pact as a vital framework for keeping global warming to 1.5°C, noting that it provides the certitude needed for business to scale up climate solutions. The coalition emphasizes the need to fast-track the implementation of national plans and pledges, specifically calling for the phase-out of coal-fired power by 2030 for advanced economies and 2040 for others, and the removal of fossil fuel subsidies by 2025. The statement highlights the importance of the Net-Zero Standard from the Science Based Target initiative (SBTi), the creation of the International Sustainability Standards Board (ISSB) for global reporting, and the agreement on Article 6 rules for carbon markets to drive deep decarbonization.

The We Mean Business Coalition calls on COP26 participants to align policies and finance with a 1.5°C trajectory, strengthen Nationally Determined Contributions (NDCs) to halve global emissions by 2030, and finalize robust rules for Article 6 of the Paris Agreement to prevent double counting of emissions reductions.

The We Mean Business Coalition asserts that while COP26 has seen increased ambition, current national pledges and methane commitments may only limit warming to 1.8°C. The coalition emphasizes the need for clear reporting frameworks and a data-driven Global Stocktake in 2023 to track progress and inform future national targets. It highlights that corporate action, such as the 25% emissions reduction by 338 companies with science-based targets, can provide governments with the confidence to accelerate decarbonization.

The TCFD Good Practice Handbook identifies effective disclosure examples across the four TCFD core elements—Governance, Strategy, Risk Management, and Metrics and Targets—while offering practical advice and case studies to help organisations overcome implementation barriers.

The author asserts that nature-based solutions (NbS) are essential for climate mitigation and resilience but must complement, not replace, industrial emissions cuts. Referencing the Science Based Targets Initiative (SBTi) net-zero standard, the text notes that companies must reduce internal emissions by 90-95% by 2050. NbS could potentially provide one-third of the emissions reductions needed by 2030, addressing the fact that land-use emissions constitute approximately 25% of global emissions.

Brambles has reduced its scope 1 and 2 emissions by 47% since 2010 and is pursuing a 1.5ºC aligned science-based target for its global supply chain. The company's sustainability goals include achieving 100% renewable electricity by 2025, implementing a 'two-for-one' tree planting commitment to increase carbon sequestration, and transitioning to 100% recycled or upcycled plastic waste by 2030. Additionally, Brambles advocates for policy incentives to decarbonize the commercial vehicle sector through electrification and hydrogen technology.

The We Mean Business Coalition asserts that while many companies are pursuing science-based targets and investing in renewables and electric fleets, voluntary action is insufficient to meet the goal of halving global emissions by 2030. The coalition calls for governments to implement mandatory climate-related financial disclosures, end coal financing and fossil fuel subsidies, and invest in EV infrastructure and smart grids to create the economic certainty required for businesses to accelerate their transition.

A coalition of businesses calls on G20 leaders to lead the global climate transition by halving emissions by 2030, ending coal financing, removing fossil fuel subsidies by 2025, and mandating climate-related financial disclosures to drive investment toward sustainable solutions.