15 October 2020
The Shift and WWF form a national initiative that invites the private sector (for-profit and not-for-profit) and academic institutions to take the lead on climate action. Climact is also committed and proposes to its customers and partners to participate in this initiative.
3 mains reasons and objectives drive this initiative:
Organizations need to take more ambitious climate action now
The Paris Climate Agreement was signed by governments. As it stands, the nationally determined contributions from all signatory countries are insufficient and will lead to a temperature increase of more than 3°C compared to pre-industrial levels. This gap highlights the complementary responsibility of private sector organizations as key players in the fight against climate change. Greater action is needed.
Only by working together, we can drive the transition to a net-zero economy
Organizations of all sizes should share best practices to prevent having to reinvent the wheel. By pooling knowledge, companies, non-profit/-governmental organizations and academic/research institutions can save time and resources, inspire each other and ensure a real sense of co-operation in this crucial domain. By coming together, we start a movement that enables organizations of all sizes to contribute to reducing emissions worldwide.
Climate action based on science is the most effective way to guarantee the required effect
GHG emissions reduction targets must be in line with the Paris Climate Agreement commitments. Climate science tells us that global temperature increase must stay well below 2°C towards 1.5°C. It critical and even vital to keep global temperature increase below 1.5°C as compared to higher levels, to prevent irreversible damage.
Only through accurate carbon accounting and basing climate action on science, we can measure progress towards our individual and collective emissions reduction targets and unlock support from internal and external stakeholders.
Climact is very proud to be part of the Alliance and proposes to its customers to accompany them towards a reduction of their GHG emissions in line with science, by setting up Science Based Targets.
