The Global Climate Action Summit brought thousands of leaders and people together from around the world to “Take Ambition to the Next Level” when it comes to tackling climate change.
Ceres was honored to be on the Advisory Committee of the Global Climate Action Summit, helping to coordinate one of the five focus areas of the Summit entitled “Transformative Climate Investments: Investments on the scale needed to achieve the Paris Agreement will spur innovation and accelerate a clean and resilient economy.”
Ceres is mobilizing global investors to accelerate and expand their actions on climate change. At the Summit, Ceres and six other organizations launched The Investor Agenda, a comprehensive guide for investors to manage climate risks and capture low-carbon opportunities and a mechanism to report on and showcase progress in four key areas: Investment, Corporate Engagement, Investor Disclosure and Policy Advocacy.
In advance of the Summit, Ceres mobilized investors to support the goals of the Green Bond Pledge by signing The Investor Statement of Support for a Low-Carbon Economy. The Green Bond Pledge challenges bond issuers – cities, regional authorities, states, national governments and companies – to commit to incorporating climate resilience and mitigation into infrastructure and other capital projects.
Both before and during the Summit, Ceres Network members – both investors and companies – made specific climate commitments to help achieve the Paris Agreement.
- Levi Strauss & Co., a founding member of the Ceres BICEP Network, announced a commitment to cut greenhouse gas (ghg) emissions both in its own operations and throughout its supply chain.
- Ceres BICEP Network member Clif Bar committed to help accelerate the transition to electrified transportation.
- Lyft, a We Are Still In signatory, committed to go carbon neutral for all rides, and purchase renewable energy to power its offices, driver hubs, and electric vehicles.
- Seventh Generation, a Ceres Company and BICEP Network member, unveiled the company’s new science-based target for 2030, rallying its global partners across the value chain to do the same.
- Ceres BICEP Network member Salesforce released the Step Up Declaration to inspire deeper commitments to climate action from the technology sector. The company also “stepped up” themselves by committing to science based targets and partnering with top suppliers to set their own emission reduction targets.
- Ceres BICEP Network member Schneider Electric joined the We Are Still In coalition.
- On the investment side, New York City Comptroller Scott Stringer, a Ceres board member and Ceres Investor Network member, committed to investing $4 billion in climate solutions -- an impressive step in the race to the clean energy economy.
These are just a few of the many examples of investor and corporate leadership on display last week. Read more from the Global Climate Action Summit recap here.
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