Caring for Climate: The Business Leadership Platform
The rise of climate change as a fundamental issue for society has emphasised the need for leadership and voluntary action on the environment. Against this background The Global Compact, together with the United Nations Environment Programme (UNEP) and the World Business Council for Sustainable Development (WBCSD), has developed Caring for Climate: The Business Leadership Platform as a way to mobilise business action on climate change. Within months of launching the initiative, 200 companies from around the world, including many of the world’s largest transnational corporations, have endorsed the statement and are already taking action.
Through the United Nations Global Compact, thousands of companies in over 100 countries are working to integrate 10 principles in the areas of human rights, labour, environment and anti-corruption into their strategies and day to day operations. The Global Compact’s commitment to environmental protection is firmly embedded in our foundational spirit and three environmental principles which are drawn from the 1992 Rio Declaration on Environment and Development: Business should support a precautionary approach to environmental challenges; Business should undertake initiatives to promote greater environmental responsibility; Business should encourage the development and diffusion of environmentally friendly technologies.
The rise of climate change as a fundamental issue for society has emphasised the need for leadership and voluntary action on the environment, including in the areas of biodiversity and responsible management of chemicals, wastes and water. The importance of early action is increasingly recognised, particularly in today’s globally integrated world where the ability to compete is more and more linked to a company’s capacity to innovate and demonstrate viable solutions for increasing energy efficiency and reducing carbon emissions.
Against this background, the Global Compact, together with the United Nations Environment Programme (UNEP) and the World Business Council for Sustainable Development (WBCSD), has developed Caring for Climate: The Business Leadership Platform as a way to mobilise business action on climate change. It is based on a shared belief that seriously addressing the climate challenge requires a preparedness to publicly express a vision and strategy, to make specific commitments, to set examples, to strengthen execution capability, to enhance public disclosure and to conduct pro-climate advocacy.
Text and photograph courtesy Climate Action, a partner and Cooperating Organization with dgCommunity Glocalization.
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