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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.
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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’.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Welcome to our new WBCSD members
- Arçelik, the Turkish multinational household appliances manufacturer company, joins WBCSD
- Reckitt, the multinational consumer goods company, joins WBCSD
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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
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Global Network news
- Ireland: New Low Carbon Pledge report charts the decarbonization journey of over 60 companies
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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.
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World Business Council for Sustainable Development
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