Caring for Climate Resources

Recent Publications and Reports

Summary Report: 2015 Caring for Climate Business Forum at COP21

Provides an overview of key outcomes from the Caring for Climate Business Forum (7-8 December 2015, Paris) during the twenty-first Conference of the Parties COP21 climate negotiations. The Forum demonstrated unprecedented corporate engagement at bringing together over 600 chief executives and senior representatives from the private and public sectors to discuss the integral role of business in advancing the climate agenda and demonstrate support for an ambitious international climate agreement. Co-organized by the United Nations Global Compact, United Nations Framework Convention on Climate Change (UNFCCC) secretariat and United Nations Environment Programme (UNEP), the third annual Caring for Climate Business Forum served as the official platform for business at COP21 and included the Lima-Paris Action Agenda (LPAA) Focus Event on Business.

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Caring for Climate Progress Report 2015

Examines trends in participation in the Caring for Climate initiative, including emissions performance of companies, as well as progress companies have made against the five commitments endorsed by all signatories in the Caring for Climate Leadership Statement. By providing this analysis, Caring for Climate seeks to remind signatories of their progress towards a building a low-carbon society and to encourage greater participation in the initiative.

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The Business Case for Responsible Corporate Adaptation: Strengthening Private Sector and Community Resilience

This publication shares lessons learned and provides actionable guidance for both public and private sector leaders. It highlights how companies can adapt to climate change through a collection of case examples.

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Responsible Corporate Engagement in Climate Policy — over 100 companies committed to action

This publication provides an overview of progress two years after the launch of the Guide for Responsible Corporate Engagement in Climate Policy at COP19. Over 100 companies from more than 20 countries have made a notable commitment to implement actions on responsible policy engagement in their company.

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Science-Based Targets: Status Update 2015

The science tells us that we must cut global greenhouse gas emissions by
up to 70% by 2050 to limit global warming to 2°C and avert catastrophic and
irreversible climate change. This will require global transformational change.
Never before have there been methodologies to support companies to keep
their emissions aligned with planetary boundaries. Using science-based
targets is an ambitious approach and leading companies have now started to
take an “outside-in” approach to goal setting. Science-Based Targets: Status Update 2015 highlights company progress on setting science-based targets.

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Executive Guide to Carbon Pricing Leadership: A Caring for Climate Report

Guides the hundreds of individuals who are now completing due diligence on carbon pricing of behalf of their companies. It has been shaped by input from dozens of such companies, as well as other experts who are implementing carbon pricing programmes within companies and/or advocating for government policies in countries around the world. Experiences and insights from others will help more companies become Carbon Pricing Champions and align with the Business Leadership Criteria on Carbon Pricing set by Caring for Climate and partners.

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The UN Global Compact-Accenture CEO Study Special Edition: A Call to Climate Action

The UN Global Compact-Accenture CEO Study report, Special Edition: A Call to Climate Action, is based on a survey of 750 business leaders from UN Global Compact participant companies. The report also reveals that executives see action on climate change as an opportunity for growth and innovation that will be essential to securing competitive advantage in their industries.

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Where Do Companies Stand on Responsible Corporate Engagement in Climate Policy?

The Guide for Responsible Corporate Engagement in Climate Policy (2013) established a set of core principles and actions for companies to engage in climate policy in a transparent and accountable way that is consistent with their sustainability commitments. This Status Update presents data from 2014 on where companies stand in demonstrating responsible engagement and climate policy priorities, it also gives examples of how companies can further participate in ongoing efforts to support robust climate policies. (UNGC/UNEP/UNFCCC,WRI, CDP, WWF, Ceres, TCG, 2014)

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Caring for Climate Progress Report 2014

Examines trends in participation in the Caring for Climate initiative, including emissions performance of companies, as well as progress companies have made against the five commitments endorsed by all signatories in the Caring for Climate Leadership Statement. By providing this analysis, Caring for Climate seeks to remind signatories of their progress towards a building a low-carbon society and to encourage greater participation in the initiative.

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Executive Brief: Are you Engaging Responsibly on Climate Policy?

Business leaders are in a unique position to inform and advance effective responses to climate change. The Guide for Responsible Corporate Engagement in Climate Policy established a set of core principles and actions. This executive brief showcases the key messages from the guide, presents new data and identifies how to demonstrate responsible engagement and climate policy priorities for business leaders to take strong action. (UNGC/UNEP/UNFCCC,WRI, CDP, WWF, Ceres, TCG, 2014)

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Are you Aligning your Emissions Reduction Targets with Climate Science?

The time is right for companies around the world to demonstrate leadership on climate action by aligning corporate voluntary greenhouse gas reduction targets with climate science. Leading companies are taking action to mitigate climate-related risks and capture the economic opportunities from a low-carbon transition. This executive brochure captures why and how your company can align with science based targets. (UNGC/UNEP/UNFCCC/CDP/WRI/WWF, 2014)

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Business Leadership Criteria on Carbon Pricing

The Business Leadership Criteria on Carbon Pricing is designed to inspire companies to reach the next level of climate performance and to advocate for a price on carbon as a necessary and effective measure to tackle the climate change challenge. The criteria comprise three overlapping dimensions: first, setting an internal carbon price; second, responsible policy advocacy; and third, communicating on progress. (UNGC/UNEP/UNFCCC, 2014)

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Caring for Climate Progress Report 2013

Caring for Climate Progress Report 2013. Examines trends in participation in the Caring for Climate initiative, including emissions performance of companies between 2010 and 2011, as well as progress companies have made against the five commitments endorsed by all signatories in the Caring for Climate Leadership Statement. By providing this analysis for a second year in a row, Caring for Climate seeks to remind signatories of their progress towards a building a low-carbon society and to encourage greater participation in the initiative. (UNGC/Deloitte, 2013)

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The Guide for Responsible Corporate Engagement in Climate Policy

To help companies engage in climate policy, Caring for Climate, in partnership with WRI, CDP, WWF, Ceres and The Climate Group, has developed The Guide for Responsible Corporate Engagement in Climate Policy. Drawing on insights from interviews with more than 60 individuals from 20 countries, the guide sets baseline expectations for companies to provide proactive, constructive input for Governments to create effective climate policies. It helps companies to connect the dots between sustainability commitments, such as emissions reductions across their value chains and efficiency improvements, with their corporate policy positions. Further the Guide helps companies engage in climate policy in a transparent and accountable way that is consistent with their sustainability commitments. For the first time, companies have a guide to manage and report on their direct and indirect influences on climate policy. Most importantly, the guide puts core elements of responsible corporate engagement into three practical “action items” for companies to inform and advance effective climate change policy:
1) Engage for Legitimacy and Opportunity
2) Align for Consistency and Accountability
3) Report for Transparency

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Business and Climate Change Adaptation: Toward Resilient Companies and Communities

Presents ten case examples on climate change adaptation that underscore private sector strengths in identifying new business opportunities, creating new markets, and recognizing and managing risks that are critical in building resilient businesses and communities. A supplement to the Caring for Climate report on Adapting for a Green Economy, this case compendium demonstrates progress on the contribution of business toward the adaptation agenda and provides useful guidance for business leaders and policymakers alike. (UNGC/UNEP, 2012)

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Caring for Climate Progress Report 2012

Examines trends in participation in Caring for Climate, including emissions performance of companies since 2009 and progress made against the five commitments of the Statement endorsed by all signatories. By providing this analysis, Caring for Climate seeks to motivate signatories to take more significant action on climate change and to encourage greater participation in the initiative. (UNGC/Deloitte, 2012)

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Sustainable Energy for All: The Business Opportunity

Provides an overview of the relevance of the Secretary-General’s Sustainable Energy for All initiative for business. Looking across 19 industry sectors, the analysis addresses the opportunities companies have to generate business value; the priority actions that are common across industries; and the key enablers of success. (UNGC/Accenture)

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Adapting for a Green Economy: Companies, Communities and Climate Change

Presents the business case for private sector adaptation to climate change in ways that build the resilience of vulnerable communities in developing countries – and provides useful guidance to business leaders and policymakers alike.

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Low-Carbon Leaders – Transformative Solutions for a Low-Carbon Future

Presents transformative solutions that businesses around the world are implementing to save energy, reduce emissions and ensure a low-carbon future. (UNGC/WWF, 2010)

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A Greener Tomorrow – How Caring for Climate Signatories are Leading the Way to a Low-Carbon Economy

Analyses progress made by signatories in addressing climate change and assesses public disclosures of greenhouse gas (GHG) emissions. The report outlines corporate leadership in climate mitigation and adaptation. (UNGC/Dalberg, 2010)

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Caring for Climate: A Call to Business Leaders

Climate change will affect business and society in fundamental ways. It will change the context in which the private sector operates and its ability to prosper. However, climate change can also offer opportunities for business. “Caring for Climate: A Business Leadership Platform” helps companies to advance practical solutions and articulate climate strategies, share experiences and learn from industry peers, inform public policy as well as shape public attitudes. (UNGC/UNEP/UNFCCC; revised 2013) Chinese version.

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Connecting the Dots: How Climate Change Transforms Market Risks and Opportunities

This report charts the intimate interaction of climate change with other key issues on the global agenda, and identifies the requirement this places on governments and international agencies to develop a new level of policy coherence. It warns business that both the success or failure of climate policy will transform the landscape of risk and opportunity for investment. The report further urges the faster and more imaginative development of partnerships between governments, international agencies, businesses and civil society organizations. (UNGC, 2009)

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Champions of the Low-Carbon Economy

Forty chairmen and CEOs of corporations from around the globe were interviewed for this report. These chief executives indicate that climate inaction is too costly to their businesses and the world. They support a strong global climate agreement and are ready to lead the resulting world economy. (UNGC/Dalberg, 2009)

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Chief Executives Taking a Stand for Climate Action

In support of Seal the Deal!, the UN’s global advocacy campaign for a fair, balanced and effective post-Kyoto climate agreement at COP 15, the Global Compact Office is reaching out to participants to galvanize the global business voice for climate action. Chief executives were asked to share brief testimonials, expressing why they support an effective climate agreement. This publication presents a selection of these testimonials. (UNGC, 2009)

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Caring for Climate – First Meeting of Signatories

The first meeting of Caring for Climate signatories was convened on 20–21 October 2008 at UN Headquarters in Geneva and brought together 150 business executives, government representatives, UN officials and climate experts. This report summarizes the main discussions and outcomes of the meeting. (UNGC/UNEP/WBCSD,& 2008)

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Caring for Climate – Tomorrow’s Leadership Today

This publication contains a collection of innovative examples of how Global Compact participants are taking action to address climate change. (UNGC/UNEP/WBCSD, 2007)

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Caring for Climate Series

Transformation is Possible

A clear message emerges from the Caring for Climate Series: transformation is necessary and possible. The C4C Series is a collection of new research studies and reports by leading investment, academic and civil society organizations. This brochure present the key findings of the reports below. (UNGC/UNEP, 2009)

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Best Practices and Policy Frameworks: 2009 Survey of Caring for Climate Signatories

Based on in-depth interviews and an extensive survey of Caring for Climate signatories, this report highlights climate leaders and current best practices, as well as expectations for public policies that can amplify and facilitate such practice. (GlobeScan, 2009)

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Emissions Reductions and Lower Carbon Intensity: Are We Making Progress?

This study evaluates actual time series of energy efficiency and carbon emissions taken from public reports of Caring for Climate signatories (COPs and CDP reports) in order to get a picture of progress and measuring methodologies used. (Centre for Business and the Environment at Yale, 2009)

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Change is Coming: A Framework for Climate Change – a Defining Issue of the 21st Century

This study assesses the importance of climate change to financial investors, it impact on competitive advantage in established industries and the opportunities created as new industries develop. By assessing their performance on measures reflecting the range of challenges and opportunities climate change represent, it compares companies’ relative positions and the effectiveness of their responses in established industries. (Goldman Sachs, 2009)

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Investor Leadership on Climate Change: An Analysis of the Investment Community’s Role and Snapshot of Recent Activity

Climate change is rapidly becoming a relevant factor in investment decisions for many institutional investors. Looking at the drivers underpinning this change current investors’ practices, this report focuses on the economic rationale for collective action by investors on carbon disclosure, investment choices and policy engagement. It also maps policy options that reduce investor’s risks. (PRI, 2009)

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Building a Green Recovery

Governments are facing a triple crisis of economic downturn, energy insecurity and climate change. This report analyzes the degree to which government efforts to stimulate the economy are also consistent with the shift to a low carbon economy, examining stimulus packages and budgets in over 30 countries across the world. (HSBC, 2009)

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Carbon markets: The Simple Facts

This report provides down-to-earth guidance to the benefits, pitfalls and best practices in setting up carbon trading schemes that work for the environment, facilitate access to technology and foster economic development. (Mission Climat of Caisse des Dépots, 2009)

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