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We CAN create a world in which 9+ billion people live within planetary boundaries, by 2050

We recently launched Vision 2050: Time to Transform. It's a comprehensive framework for business action in line with the urgency of the challenges we face: the climate emergency; nature in crisis; mounting inequality. We want it to inspire companies to seize the opportunities that transformation holds, but also to be realistic about what it will take to drive change at the scale and rate required for a world where 9+ billion people live well, within planetary boundaries. Read the latest insight by Diane Holdorf, Managing Director of the Food & Nature Program, and Claire O’Neill, Managing Director of the Climate & Energy Program into what it means to live “within planetary boundaries”, and what we are doing to accelerate action to achieve that.

This blog is the second of a series that WBCSD will be sharing this year, exploring Vision 2050: Time to Transform in more detail.

 
 
 
 

New Carbon Transparency Partnership provides forum for stakeholders to address lack of Scope 3 emissions transparency

The Carbon Transparency Partnership launched in June, bringing together stakeholders from across value chains and industries and rallying and coordinating leading industry-focused initiatives such as RMI with the common mission of creating Scope 3 emissions transparency.

 
 
 
 

WBCSD joins Powering Past Coal Alliance as corporate partner

To coincide with London Climate Action Week, WBCSD has announced a partnership with the Powering Past Coal Alliance (PPCA). PPCA and WBCSD will work together to ensure that COP26, the UN Climate Conference in Glasgow in November, is the pivotal moment to ‘Make Coal History’.

 
 
 
 

10 years of the UN Guiding Principles on Business & Human Rights

To mark the 10th anniversary of the UN Guiding Principles on Business and Human Rights, the global standard on business responsibility to respect human rights, James Gomme, Director of the People & Society Program at WBCSD, looks back on a decade of change and raises the bar moving forward. This milestone presents an opportunity for governments and businesses alike to take stock of their performance over the course of the last decade when it comes to protecting and respecting human rights that may be affected negatively by business activity, as well as to think about the road ahead.

 
 
 
 

SDG Sector Roadmaps: Leveraging the power of collaboration to drive SDG impact

The update of the SDG Sector Guidelines, developed in collaboration with ERM, builds on practical application experience acquired through working with over 70 companies on the development of roadmaps for seven industries in recent years. This updated resource lays out a step-by-step process that companies from the same sector can follow as they come together to explore, articulate and realize a common vision for how their industry can leverage their unique potential to contribute to the SDG agenda. Read the insight piece by Keryn James (CEO, ERM) and Peter Bakker which looks into why by strategically integrating the SDGs into their business models, companies are better placed to establish an enduring license to operate on the road to 2030 and beyond.

 
 
 
 

World’s food sustainability leaders launch the Demand Generation Alliance (DGA) to put tight focus on sustainable and nutritious food

The DGA’s objective is to encourage pressure from consumers, and wider society, to demand the urgent shift to more sustainable and nutritious foods. As Co-Chair of DGA, WBCSD will engage its team and corporate members to build knowledge, strengthen collaborations and enable action at country level to shift consumer preferences toward healthy and sustainable diets.

 
 
 
 

Soft Commodities Forum expands area of work, urges long-term incentives for soy producers

Read the Soft Commodities Forum (SCF) June 2021 progress report, in a new digital format, in which the six-member companies of SCF announce they are expanding their scope to cover additional municipalities in the Cerrado region in Brazil. SCF is a group of global leading agribusiness involved in buying and selling commodities like soy. You can also read an interview with Justin Adams, Executive Director of The Tropical Forest Alliance (TFA) about why the dialogue between soy value chain stakeholders is so important, here.

 
 
 
 

FSG members support the United Nations Decade on Ecosystem Restoration

Twelve leading member companies from WBCSD’s Forest Solutions Group (FSG) joined the rallying call of the UN Decade on Ecosystem Restoration for the protection and revival of ecosystems around the world. They committed to act as responsible stewards of working forests to secure a continuous supply of sustainable materials, while protecting and enhancing the valuable ecosystem services they provide. You can also read the latest in a series of FSG members’ blogs here.

 
 
 
 

Wastewater Zero Commitment: business action to eliminate industrial wastewater pollution by 2030

WBCSD announced a Wastewater Zero Commitment mechanism to drive business action for reducing impacts of wastewater on climate, biodiversity and water security. Three pillars are central to the business commitment: zero pollution, zero freshwater and low-carbon.

 
 
 
 

Digital Climate Advisory Services: opportunities and challenges for sustainable agriculture in India

Two new complementary reports examine the business case for Digital Climate Advisory Services (DCAS) in sustainable agriculture in India. The first report highlights the demand and supply-side issues in DCAS and explores the role of business in scaling the use of DCAS, and the second report explores the business case for DCAS, for both farmers and businesses.

 
 
 
 

A new milestone in the journey to Nature Positive

The launch of the Taskforce on Nature-related Financial Disclosures (TNFD) marks another milestone in our journey to Nature Positive. WBCSD's members have contributed to TNFD preparatory work and we look forward to supporting the build, consultation, and pilot phases.

 
 
 
 

Leading businesses rally behind new policy framework to make India a world leader in electric mobility

WBCSD and over 30 companies from the REmobility coalition have launched a new report to accelerate India's transition to electric mobility. The report “Policies for India's global leadership on EV adoption” outlines a policy framework that supports the adoption of electric vehicles across commercial fleets and increases investments in charging infrastructure.

 
 
 
 

Ecosystem collaboration for sustainable mobility at the Movin'On Summit 2021

Read insights from WBCSD's Mobility Director, Thomas Deloison, from the recent Movin'On Summit – an event during which mobility thought leaders gather every year to anticipate new markets, build shared development scenarios and implement innovative transport solutions. Deloison discusses the future of the automotive industry and the systemic changes needed for sustainable urban mobility.

 
 
 
 

European building sector leaders urge the EU to prioritize decarbonizing the built environment

WBCSD and a coalition of 4,500 organizations from the building sector signed a letter to the European Commission, calling on the Commission to support the full decarbonization of the built environment through ambitious policies. The open letter is part of World Green Building Council's #BuildingLife project, which aims to develop an EU Policy Whole Life Carbon Roadmap.

 
 
 
 

The reality of materiality – insights into current ESG materiality practice

A recently published report by WBCSD, in collaboration with the Erasmus School of Economics, dives into current ESG materiality assessment practice including some of the main challenges and opportunities for companies. The report provides insights and clarity around the main ESG materiality decisions and challenges based on an analysis of over 550 company reports, 20 company interviews and existing guidance and literature.

 
 
 
 

Circular Views Episode III: Podcast on circular electronics

For the third episode in our circular economy podcast series, Jelle Slenters from SIMS Lifecycles Services and Dr. Haggai Alon from Security Matters Limited, both members of the circular electronics partnership (CEP), discuss the need for a transition to a circular electronics industry. They share the reasons they embarked on this journey, some of their challenges and how they are implementing circular practices in their companies.

 
 
 
 

Raconteur's "Sustainable Innovation" report, published inside The Sunday Times in association with WEF and WBCSD

As we approach COP26 this autumn, the drive for business and government alike to take action in the fight against climate change is accelerating. This report explores how innovators and business This report explores how innovators and business leaders are reshaping the future of key industries and leading the charge alongside policy makers.

 
 
 

Welcome to our new WBCSD members

  • Arçelik, the Turkish multinational household appliances manufacturer company, joins WBCSD
  • Reckitt, the multinational consumer goods company, joins WBCSD

 
 

Member spotlights

  • C.P. Group publishes Thai edition of WBCSD’s CEO Guide to Human Rights
  • Majid Al Futtaim demonstrates commitment to driving region’s sustainability agenda delivering 97 percent of 2020 targets
  • Fujitsu goes global with SDG Communities rollout
  • Latham & Watkins launches inaugural environmental sustainability report
  • Drax announces ambition to host world's largest negative emissions project
  • LafargeHolcim and GE Renewable Energy team up for a more circular wind industry
  • Enel successfully places a triple-tranche 3.25 billion euro sustainability-linked bond in the eurobond market, the largest sustainability-linked transaction ever priced
  • ABB strengthens commitment to reduce carbon emissions

 
 

Global Network news

  • Ireland: New Low Carbon Pledge report charts the decarbonization journey of over 60 companies

 
 

Upcoming events

Engaging business at the IUCN World Conservation Congress, 7 July, 11:00 – 12:00 CET
Join us and find out why business should participate in the IUCN World Conservation Congress, 3 – 11 September 2021, Marseille, France. During this one-hour webinar, IUCN’s Business and Biodiversity Programme and its partners will present a roadmap for business at the Congress.

Webinar to launch WBCSD and KPMG report - An enhanced assessment of risks impacting the energy system, 7 July, 11:00 CET
Join us as we share insight and recommendations from the new WBCSD and KPMG report on the application of an enhanced, network-focused risk assessment technique – KPMG’s Dynamic Risk Assessment methodology – to the energy system risk landscape, representing perspectives of WBCSD member companies.

The Pre-Summit of the UN Food Systems Summit: 26 – 28 July, Rome
The event will take a hybrid format, with a small high-level in-person component, complemented by a vast virtual program and platform. The event will consolidate the progress that has been achieved through the Summit’s wide-ranging process of diverse public engagement, consultations and data gathering that began in 2020, setting the stage for an ambitious and productive Summit in September 2021.

 
 
 
   
 
World Business Council for Sustainable Development