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Article

19 May 2015

Author:
Laurent Fabius (Minister of Foreign Affairs, France) & Christiana Figueres (executive secretary of UN Framework Convention on Climate Change)

Commentary: "Global businesses must lead the way on climate action"

Green investments increasingly offer opportunites for growth and employment and businesses are well-placed to take the lead at this week’s Business and Climate summit in Paris...[M]any businesses now include climate action in their long-term strategy and their daily activities. General Motors, Google, Amazon, Apple have signed major agreements on renewable energy use. A few weeks ago, 43 business leaders from companies in over 150 countries, declared their responsibility to support sustainable development...Ikea, Toshiba Corporation, AkzoNobel, Enel, Hindustan Construction Company, ING Group, Marks & Spencer, Suez Environnement and other large and medium-sized enterprises have undertaken to reduce their environmental impact by setting goals to lower their emissions and their energy consumption...

As we head towards COP21, we expect business leaders from around the world to call for ambitious policies and to join this collective effort themselves by taking concrete steps, for example by setting themselves a target of 100% renewable energy use, or progressive emission reduction targets.

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