In 2015 The B Team companies set a bold aspiration: to achieve net-zero emissions by 2050. Today more than 650 businesses, with more than US $15.6 trillion in market capital have made climate commitments. Yet the climate crisis is growing and we must concede we are not acting fast enough. Two years on, 2018 is set to be a landmark year to demonstrate the progress business has made on our commitments so far, and pledge to step up our action before 2020.
With this progress report, we aim to showcase the efforts that are underway and advance the movement towards a just transition. We set out to assess our achievements, share challenges and lessons learned, and provide case studies and examples for other businesses considering the journey to net-zero.
We call on businesses to join us by demonstrating their progress against their climate commitments in 2018, and to step up those commitments to drive further, faster action towards net-zero.
The B Team also invites high emitting companies and global market leaders to join the Net-Zero by 2050 Team. Our Net-Zero 2050 Team is a leadership group of CEOs from The B Team companies and beyond, who are working together to accelerate the just transition to Net-Zero GHG emissions by 2050.
For more information on this report or the Net-Zero 2050 Team, get in touch!