The case for action is clear – climate change has begun to impact all regions of the world and sectors of society, threatening global development and undermining the foundation of the global economy. Yet addressing the climate challenge also is opening up new opportunities for societies to grow and prosper.
Through Caring for Climate, the UN Global Compact, together with UNEP and the secretariat of the UNFCCC, helps shape the engagement of businesses with climate change. Mobilizing a critical mass of business leaders to implement climate change solutions and help shape public policy, Caring for Climate is the world’s largest initiative for business leadership on climate change with over 400 companies from 60 countries.
Caring for Climate signatories are taking action. They are committed to set greenhouse gas emissions reduction targets, to work collaboratively with other companies and governments, and to publicly report on performance on an annual basis. A set of leading companies is going further, becoming carbon-pricing champions, increasing investments in renewable energy and low-carbon technologies, and speaking up against negative lobbying on climate action.