Nine leading companies have announced the establishment of the Transform to Net Zero initiative. The aim of this initiative is to promote and step up the transition to a net zero global economy. Their intention is to deliver research, guidance, and feasible plans that will allow businesses to net zero emissions.
The founding members of this initiative include A.P. Moller – Maersk, Danone, Mercedes-Benz AG, Microsoft Corp., Natura &Co, NIKE, Inc., Starbucks, Unilever, and Wipro, as well as Environmental Defense Fund (EDF). This initiative also has the support of the Business for Social Responsibility (BSR) organisation.
The President and CEO of BSR, Aron Cramer, explained that in the last ten years many businesses have committed themselves to achieve net zero targets but it was now time hasten their efforts to achieve this “essential goal.”
“More than just setting a high bar for inspiration, Transform to Net Zero will provide companies with an actionable roadmap enabling them to transform their businesses to thrive in and shape a net zero economy,” Cramer stated.
The goal of this initiative is to enable the change needed for businesses to reach net zero emissions by the year 2050. In addition, the initiative will push for transforming policies, innovation and finance to reach this goal.
The President of Microsoft, Brad Smith, stressed that leading companies have the responsibility to develop and share the best of their practices, research and learnings to help everyone move forward.
“Whether a company is just getting started or is well on its path, Transform to Net Zero can help us all turn carbon commitments into real progress toward a net zero future,” Smith said.
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