The Climate Pledge and the We Mean Business Coalition Partner on Comprehensive Effort to Drive Companies to Adopt More Ambitious Carbon Reduction Goals

Amazon (NASDAQ: AMZN) and We Mean Business, a global nonprofit coalition working with businesses to accelerate the transition to a zero-carbon economy, today announced they have partnered to establish the world’s most comprehensive effort to drive companies to adopt more ambitious carbon emissions reduction goals. The We Mean Business coalition works with over 1,200 companies, with a total market capitalization of more than $24.8 trillion, to drive business action and policy ambition on climate change and increase chances of limiting global warming to 1.5°C.

The partnership will:
*Encourage companies to take a leadership position and accelerate their goals to meet The Climate Pledge — the commitment co-founded by Amazon and Global Optimism to achieve net-zero carbon by 2040, a decade ahead of the Paris Agreement.
*Mobilize supply chains, including small and medium enterprises (SMEs), to take and scale-up measurable and direct action on climate change.
*Determine ambitious and accountable means for companies to credibly integrate Nature-Based Solutions in their climate strategies.

“The science is clear. We must hold temperature rise to 1.5°C. Thanks to the long-term vision of the IKEA Foundation, and the tireless work of the partners of the We Mean Business coalition, business is already taking bold action on climate,” said María Mendiluce, CEO of the We Mean Business coalition. “Through The Climate Pledge, we will pick up the pace. With a commitment to collaboration and innovation, those at the head of the pack can reach net-zero emissions by 2040. To do that, we must accelerate supply chain action and develop a robust approach to Nature-Based Solutions in addition to deep decarbonization. We are delighted to be collaborating with Amazon, who have shown bold leadership and deep commitment to tackling the climate crisis.”

“The size and scale of the climate crisis demands that the business community joins forces and works together to invent, fund, and implement bold decarbonization programs to help protect the planet,” said Jeff Bezos, Amazon founder and CEO. “No one company can solve this problem on its own. We look forward to working with the We Mean Business coalition to encourage businesses around the world to accelerate their commitments to tackle climate change.”

“Climate change is everybody’s business. I am delighted that deeper and broader collaboration in The Climate Pledge will result from the partnership with the We Mean Business coalition,” said former UN Climate Chief and co-founder of Global Optimism, Christiana Figueres. “We are not in a position to meander on the path to decarbonization – science tells us time is not on our side. If we are going to build back better, companies of all sizes need to safeguard the economy against the disruptive and devastating impacts of the climate crisis, which damages all of us. Large corporations decarbonizing their operations and supporting small and medium businesses to follow them in a whole-economy approach makes sense.”

Through this partnership, the We Mean Business coalition and The Climate Pledge are establishing the largest effort to date to mobilize the private sector to reach net-zero carbon by 2040—10 years ahead of the Paris Agreement. The partnership will demonstrate that corporate leaders can go further and faster on climate action.
more detail at: https://press.aboutamazon.com/news-releases/news-release-details/climate-pledge-and-we-mean-business-coalition-partner

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