Energy/Climate Action

The big picture: PCPC member companies are committed to reducing their energy consumption, transitioning toward lower-carbon or renewable sources of energy, and ambitiously cutting their carbon dioxide emissions while implementing mitigation, adaptation and resilience strategies.

Industry’s commitments: Many of PCPC’s member companies have committed to the Science-Based Targets Initiative (SBTi), We Mean Business Coalition and RE 100 and report annually to CDP.

• Science-based targets (SBTs) are designed to limit global warming to well below 1.5 degrees Celsius and prevent the worst impacts of climate change. Today, more than 900 companies across a variety of sectors have committed to setting SBTs.
• We Mean Business Coalition is a group of nonprofit organizations collaborating globally to accelerate an inclusive transition to a net-zero economy. The seven founding partners – BSR™, Ceres, CDP, CLG (Corporate Leaders Group) Europe, Climate Group, The B Team and World Business Council for Sustainable Development (WBCSD) – work with the world’s most influential businesses to take action on climate change, and deliver initiatives and activities central to driving business ambition, action and advocacy.
• RE 100 is a global corporate renewable energy initiative that brings together hundreds of large businesses committed to 100 renewable electricity.
• CDP, formerly the Carbon Disclosure Project, is a nonprofit that provides a global system for companies, cities, states and regions to measure, disclose, manage and share carbon emissions and other material environmental information.

PCPC’s role: PCPC shares best practices among our membership to help advance the management of carbon emissions across the sector.