Partnership could influence energy-intensive companies to cut emissions

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 partnership between CDP, UN Global Compact, World Resources Institute and WWF launches today, to encourage influential energy-intensive companies from around the world to set carbon emission reduction targets which are in line with climate science.

Announced today at the Business and Climate Summit during Climate Week Paris – which is convened by The Climate Group – the ambitious Science Based Target initiative aims to recruit 100 companies by the end of 2015, who by joining, will offer a leading example to their peers by setting emission targets compliant with the scientifically-acknowledged global temperature rise limit of 2 degrees Celsius.

The new targets are critical because even though 80% of the biggest 500 companies in the world told CDP they had emission reduction goals in place in 2014, only a few of those reached the scale required to properly address the threat of climate change.

Read the story here - “Climate science gives competitive advantage to big companies including Mars, Enel and CLP Holdings”.