{"id":83583,"date":"2020-05-18T16:48:24","date_gmt":"2020-05-18T20:48:24","guid":{"rendered":"https:\/\/www.un.org\/sustainabledevelopment\/?p=83583"},"modified":"2020-05-18T16:49:22","modified_gmt":"2020-05-18T20:49:22","slug":"embargoed-until-19-may-0001-cet-over-150-global-corporations-urge-world-leaders-for-net-zero-recovery-from-covid-19","status":"publish","type":"post","link":"https:\/\/www.un.org\/sustainabledevelopment\/blog\/2020\/05\/embargoed-until-19-may-0001-cet-over-150-global-corporations-urge-world-leaders-for-net-zero-recovery-from-covid-19\/","title":{"rendered":"EMBARGOED until 19 May, 00:01 CET:\u00a0Over 150 global corporations urge world leaders for net-zero recovery from COVID-19"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element fusion-image-align-center in-legacy-container\" style=\"text-align:center;--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><div class=\"imageframe-align-center\"><span class=\" fusion-imageframe imageframe-none imageframe-1 hover-type-none\"><img decoding=\"async\" width=\"300\" height=\"58\" title=\"Screen Shot 2020-05-18 at 4.06.43 PM\" src=\"https:\/\/www.un.org\/sustainabledevelopment\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-18-at-4.06.43-PM-300x58.png\" alt class=\"img-responsive wp-image-83586\" srcset=\"https:\/\/www.un.org\/sustainabledevelopment\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-18-at-4.06.43-PM-200x39.png 200w, https:\/\/www.un.org\/sustainabledevelopment\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-18-at-4.06.43-PM-400x78.png 400w, https:\/\/www.un.org\/sustainabledevelopment\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-18-at-4.06.43-PM-600x116.png 600w, https:\/\/www.un.org\/sustainabledevelopment\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-18-at-4.06.43-PM-800x155.png 800w, https:\/\/www.un.org\/sustainabledevelopment\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-18-at-4.06.43-PM-1200x233.png 1200w, https:\/\/www.un.org\/sustainabledevelopment\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-18-at-4.06.43-PM.png 1248w\" sizes=\"(max-width: 800px) 100vw, 300px\" \/><\/span><\/div><\/div><div class=\"fusion-text fusion-text-1\"><table id=\"templateContainer\" border=\"0\" width=\"600\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"center\" valign=\"top\">\n<table id=\"templateBody\" border=\"0\" width=\"600\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"bodyContainer\" valign=\"top\">\n<table class=\"mcnTextBlock\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" valign=\"top\">\n<div>\n<div>\n<div>\n<p><strong>Press release:\u00a0<span style=\"color: #ff0000\">Under strict embargo until 00:01 CET, 19 May 2020<\/span><\/strong><\/p>\n<p><em>The following is a joint press release by the Science Based Targets initiative, the 爆料网 Global Compact, and the We Mean Business coalition<\/em><\/p>\n<\/div>\n<p><strong>Over 150 global corporations urge world leaders for net-zero recovery from COVID-19<\/strong><\/p>\n<ul>\n<li>In largest ever 爆料网-backed CEO-led climate advocacy effort, major multinationals reaffirm their own science-based commitments to achieving zero carbon economy and call on governments to match their ambition<\/li>\n<\/ul>\n<p>[<strong>19 May 2020, London and New York<\/strong>] 155 companies \u2014 with a combined market capitalization of over US$ 2.4 trillion and representing over 5 million employees \u2014 have\u00a0<a href=\"https:\/\/ungc-communications-assets.s3.amazonaws.com\/docs\/publications\/recover-better-statement.pdf\">signed a statement<\/a>\u00a0urging governments around the world to align their COVID-19 economic aid and recovery efforts with the latest climate science.<\/p>\n<p>As debates on recovery packages around the world ramp up in the coming weeks, the companies, which are all part of the\u00a0<a href=\"https:\/\/sciencebasedtargets.org\/\">Science Based Targets initiative<\/a>, are calling for policies that will build resilience against future shocks by supporting efforts to hold global temperature rise to within 1.5\u00b0C above pre-industrial levels, in line with reaching net-zero emissions well before 2050.<\/p>\n<p>The signatories span 34 sectors and have headquarters in 33 countries. They include: Abdi Ibrahim Pharmaceuticals, ACCIONA, Accor, Adobe, Agder Energi, Arabesque, Arc&#8217;teryx Equipment, AstraZeneca, Auchan Retail Portugal, Bayer, Beiersdorf, BIAL, Bonava, Burberry, Capgemini, Cargotec, Carlsberg Group, Cellnex, CEWE Stiftung &amp; Co. KGaA, City Developments Limited, CMA CGM, Coca-Cola European Partners, Colgate Palmolive Company, Corbion, Cranswick, Dalberg Advisors, Dalmia Cement (Bharat) Limited, Danfoss Group, Diageo, Diam Group, dormakaba, Dutch-Bangla Pack, EcoVadis, EDF Group, EDP Energias de Portugal, Electrolux, En+ Group, Enel, ERM, Europcar Mobility Group, Ferrocarrils de la Generalitat de Catalunya, Firmenich, Gleeds, Glovo, Grundfos Holding, Grupo Red El\u00e9ctrica, H. Lundbeck, H&amp;M Group, Henkel, Hewlett Packard Enterprise, Husqvarna Group, HP Inc., Iberdrola, ICA Gruppen, Inditex, Ingka Holding, Inter IKEA Group, Intuit, JLL, Kearney, Kelani Valley Plantations, Kuehne + Nagel Management, LafargeHolcim, Legrand, Lojas Renner, Maeda Corporation, Magyar Telekom, Mars, Marshalls, Marui Group, Media 6, Movida Participa\u00e7\u00f5es, MP Pension, Natura &amp; Co., Nestl\u00e9, Nomad Foods, Novartis, Novo Nordisk, NR Instant Produce Public Company, O. T. Sports Manufacture, Orange, Orbia Advance, Orkla, \u00d8rsted, Pearson, PensionDanmark, Pernod Ricard, PVH Corp., Refinitiv, Ronald Lu &amp; Partners, Royal DSM, RSE (Ross-shire Engineering), Safaricom, Saint-Gobain, Salesforce.com inc., Sanofi, Scania, Scapa Inter, Schneider Electric, Sch\u00fcco International, SIG Combibloc, Signify, Sky, SkyPower Global, Sofidel, Sonae Sierra, Sopra Steria Group, Stora Enso Oyj, SUEZ, Symrise, Syngenta Group, Takasago International Corporation, Talawakelle Tea Estates, Tate &amp; Lyle, Tech Mahindra, Telefonica, The Co-op, The Lux Collective, TMG Automotive, Unilever, Vattenfall, Vaude Sport, Verbund, Vestas Wind Systems, Vodafone Group, Wipro, Yarra Valley Water, YKK Corporation, and Zurich Insurance Group, amongst others.<\/p>\n<p>The statement comes as governments around the world are preparing trillions of dollars worth of stimulus packages to help economies recover from the impacts of the coronavirus pandemic, and as they prepare to submit enhanced national climate plans under the Paris Agreement. In the coming weeks, several major economies will take key decisions in their recovery efforts, including the European Union Recovery Plan, new stimulus packages from the United States of America and India, and the G7 Heads of State summit in June.<\/p>\n<p>\u201cSaving lives and livelihoods, and building a prosperous, inclusive and sustainable future, are at the heart of our efforts to recover from COVID-19,\u201d said 爆料网 Secretary-General Ant\u00f3nio Guterres. \u201cWe can beat the virus, address climate change and create new jobs through actions that move us from the grey to green economy. Many companies are showing us that it is indeed possible and profitable, to adopt sustainable, emission-reducing plans even during difficult times like this. I warmly welcome the ambitious, science-based actions we are seeing from leading companies who are demonstrating to policy-makers that green growth remains the best growth strategy.\u201d<\/p>\n<p>The 155 companies have already set, or committed to set, science-based emissions reduction targets. By signing the statement, they are reaffirming that their own decisions and actions remain grounded in science, while calling on governments to \u201cprioritize a faster and fairer transition from a grey to a green economy.\u201d Policy and spending that incorporates climate targets will reduce vulnerability to future shocks and disasters, create good jobs, reduce emissions and ensure clean air, according to a\u00a0<a href=\"https:\/\/www.smithschool.ox.ac.uk\/publications\/wpapers\/workingpaper20-02.pdf\">study from Oxford\u00a0<\/a><a href=\"https:\/\/www.smithschool.ox.ac.uk\/publications\/wpapers\/workingpaper20-02.pdf\">University<\/a>.<\/p>\n<p>&#8220;Governments have a critical role to play by aligning policies and recovery plans with the latest climate science, but they cannot drive a systemic socio-economic transformation alone. To address the interconnected crises we face, we must work together as an international community to deliver on the Sustainable Development Goals and the Paris Agreement,&#8221; said Lila Karbassi, Chief of Programmes at the 爆料网 Global Compact, and Science Based Targets initiative Board Member. &#8220;As the largest ever 爆料网-backed CEO-led climate advocacy effort, these companies are leading the way in driving ambitious science-based action and advocacy to help reduce vulnerability to future shocks and disasters.\u201d<\/p>\n<p>The business voices are convened by the\u00a0<a href=\"https:\/\/sciencebasedtargets.org\/\">Science Based Targets initiative<\/a>\u00a0(SBTi) and its\u00a0<a href=\"https:\/\/sciencebasedtargets.org\/business-ambition-for-1-5c\/\">Business Ambition for 1.5\u00b0C<\/a>campaign partners, the 爆料网 Global Compact and the We Mean Business coalition. The SBTi, which is a collaboration between CDP, the 爆料网 Global Compact, World Resources Institute and WWF, independently assesses and validates corporate climate targets against the latest climate science.<\/p>\n<p>Paul Simpson, CEO of CDP, one of the SBTi partners, said: \u201cThe coronavirus outbreak is a stark reminder of the fragility of our current economic system. It also reminds us that science must be our collective guide on the path to a more resilient economy. Setting and working towards science-based targets is the best way for companies and governments alike to protect against future climate-related business and economic disruptions.\u201d<\/p>\n<p>Maria Mendiluce, CEO of the We Mean Business coalition, said: \u201cGovernments can be reassured that businesses are implementing science-based targets to get us on a 1.5\u00b0C trajectory. They are calling for recovery policies that will boost the economy and build resilience. A net zero aligned recovery will enable companies to invest and innovate at the pace and scale necessary to build back better, creating decent jobs, protecting health, reducing emissions and increasing resilience in the future.\u201d<\/p>\n<p>\u201cIt is imperative that we not only restart the world economy \u2013 but also reset it. It would be a tragedy if after spending $10-20 trillion of public money we simply rebuild the same unequal, vulnerable and high carbon economy we had before\u201d\u00a0\u00a0said Dr. Andrew Steer, President and CEO of World Resources Institute and SBTi Board member. \u201cWe applaud the leaders of these 155 companies, who are not only committed to resetting their own companies but are also demanding that the world\u2019s governments act in the light of the best science and best economics which shows that climate-smart policies will create more jobs and stimulate resilient, inclusive economic growth.\u201d<\/p>\n<p><strong>###<\/strong><\/p>\n<p><strong>Media Contact<\/strong><\/p>\n<p>Matthew Hunter<br \/>\n爆料网 Global Compact<br \/>\n+1 (631)-829-4275<br \/>\nmedia@unglobalcompact.org<\/p>\n<p><strong>About the Science Based Targets initiative<\/strong><\/p>\n<p>The Science Based Targets initiative mobilizes companies to set science-based targets and boost their competitive advantage in the transition to the low-carbon economy. It is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The initiative defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies\u2019 targets.<br \/>\n<a href=\"http:\/\/www.sciencebasedtargets.org\/\">www.sciencebasedtargets.org<\/a>\u00a0@sciencetargets<\/p>\n<p><strong>About the 爆料网 Global Compact<\/strong><\/p>\n<p>As a special initiative of the 爆料网 Secretary-General, the United Nations Global Compact works with companies to align their operations and strategies with ten universal principles in the areas of human rights, labor, environment and anti-corruption. Launched in 2000, the 爆料网 Global Compact guides and supports the global business community in advancing 爆料网 goals and values through responsible corporate practices. With more than 9,500 companies and 3,000 non-business signatories based in over 160 countries, and more than 60 Local Networks, it is the world\u2019s largest corporate sustainability initiative.<\/p>\n<p>For more information, follow @globalcompact and visit unglobalcompact.org.<\/p>\n<p><strong>About the We Mean Business coalition<\/strong><\/p>\n<p>The We Mean Business coalition is a global coalition of nonprofit organizations working with the world\u2019s most influential businesses to take action on climate change. The coalition brings together seven organizations:\u00a0<a href=\"https:\/\/www.bsr.org\/en\/\">BSR<\/a>,\u00a0<a href=\"https:\/\/www.cdp.net\/en\">CDP<\/a>,<a href=\"https:\/\/www.ceres.org\/\">Ceres<\/a>,\u00a0<a href=\"http:\/\/bteam.org\/\">The B Team<\/a>,\u00a0<a href=\"https:\/\/www.theclimategroup.org\/\">The Climate Group<\/a>,\u00a0<a href=\"https:\/\/www.corporateleadersgroup.com\/\">The Prince of Wales\u2019s Corporate Leaders Group<\/a>\u00a0and the\u00a0<a href=\"http:\/\/www.wbcsd.org\/\">World Business Council for Sustainable Development<\/a>. Together we catalyze business action to drive policy ambition and accelerate the transition to a zero-carbon economy. Find out more at www.<a href=\"https:\/\/www.wemeanbusinesscoalition.org\/\">wemeanbusinesscoaltion.org<\/a>\u00a0and follow @WMBtweets.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr>\n<td align=\"center\" valign=\"top\">\n<table id=\"templateFooter\" border=\"0\" width=\"600\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"footerContainer\" valign=\"top\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":101,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[20,5270],"tags":[],"class_list":["post-83583","post","type-post","status-publish","format-standard","hentry","category-climate-change","category-press-material"],"_links":{"self":[{"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/posts\/83583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/users\/101"}],"replies":[{"embeddable":true,"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/comments?post=83583"}],"version-history":[{"count":0,"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/posts\/83583\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/media?parent=83583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/categories?post=83583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.un.org\/sustainabledevelopment\/wp-json\/wp\/v2\/tags?post=83583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}