Responsible Business Takes Action

Every year, Caring for Climate takes stock of what its signatories have achieved. This year’s Progress Report – to be launched tomorrow at the Caring for Climate Business Forum at COP21 – looks at emissions performance as well as the progress companies have made against the five commitments they made when they joined the initiative.

This year, there were some exciting findings:

• Participation in the Caring for Climate initiative has increased by 20% since 2010. The last year alone saw a participation increase of 16%.
• In 2014, a sample of signatories released approximately 1.6 million metric tonnes carbon dioxide equivalent (MtCO2e) of scope 1 and 2 emissions into the atmosphere – a decrease of 12% (215 MtCO2e) from the previous year. This is equivalent to taking 56 coal-fire power plants offline for one year