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Large companies operating in many geographic regions are decoupling their growth strategies from carbon-based energy. The momentum is coming from companies in diverse sectors – Energy, ICT, Retail, Consumer Goods, Financial Services, Automotive and more. Track 0’s 2015 report on ‘The business case for adopting the long term goal for net zero emissions’ highlights the commitments, targets and actions initiated by the business sector in early 2015. These companies are showing that the pathway to a low-carbon economy offers desirable business outcomes – prosperity, innovation and growth – and are incorporating a long-term target into their short-term strategies. According to the CDP report, “Unlocking Ambition And Driving Innovation”, the companies reporting to CDP that have set long term or science-based targets are not only ensuring their actions are compatible with keeping global temperature rise well below 2ºC, they are also realising stronger returns on their investments than peers, fuelling further action in their sectors and supply chains.

Since then, a total of 182 companies have committed to getting to zero by 2050 or 100% renewable energy. Roughly 31 new companies made this commitment between November 2015 and March 2016, and 20 companies augmented their existing targets with further ambition. As the summary table below indicates, significant momentum and support was generated in the business world in the lead up to the Sustainable Development Goals and the Paris COP21 conferences. A 50% increase in businesses with targets compatible with ‘well-below 2ºC’ can be observed from August 2015 to March 2016.

**What’s New??**

Total numbers of new businesses and commitments are summarised in the table below. The full table below was last updated in March 2016, all new businesses added since November 2015 are highlighted in orange. 

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Summary Table: How many businesses and targets have been added since the last update?

February – April 2015 April – August 2015 August – November ’15 Nov 2015 – March 2016
Number of businesses added +34 +2 +72 +31
Number of commitments added to businesses already committed +12 +10 +4 +20

Total Businesses Committed:

85 87 151 182

 

Full Table: All Business Commitments to Long-term Goals

Sector/Company   Stated Long-term Goal
Net zero/ carbon neutral by 2050 or before 2100 GHG reduction target in line with limiting global warming to 2ºC 100% Renewable Energy target
Energy
1. E.on
2. NRG Energy Inc.
3. Verbund
4. Iberdrola Holdings
5. CLP Holdings Ltd
6. National Grid UK
7. Exelon Corporation
8. General Electric
9. Delta Electronics
10. Eneco
11. Enel
12. Gas Natural Fenosa
13. Infigen Energy
14. MVV Energy
15. Siemens
16. SSE
17. Energy Optimizers, USA
18. AGL Energy
19. Avant Garde Innovations
20. Origina Energy
21. Vestas
Consumer Goods
22. Colgate-Palmolive
23. Johnson & Johnson
24. Kering
25. Kirin Holdings
26. Mars
27. Natura
28. Nestle
29. L’Oreal
30. Tiger Brands
31. Unilever
32. Royal Philips
33. Maeda Japan
34. KAO Corporation
35. Royal DSM
36. Broad Group
37. Givaudan
38. Diageo Plc
39. KAO Corporation
40. Tennant Company
41. BillerudKorsnäs
42. LEGO Goup
Pharmaceuticals
43. GlaxoSmithKline
44. Procter & Gamble
45. AstraZeneca
46. biogen
47. Almirall SA
48. Novo Nordisk
Retail
49. Ikea
50. Marks & Spencer
51. Walmart
52. Tesco
53. H&M
54. Yoox Group
55. Pick ‘n Pay Stores
56. Herman Miller USA
57. Tesco UK
58. Kohl Corporation
59. Nike
60. Starbucks
61. Steelcase
62. Tiffany & Co.
63. Mills Office Productivity
64. Woolworths Holdings Ltd.
65. Xerox Corporation
ICT
66. Amazon Web Services
67. Apple Corporation
68. BT Group
69. Konica Minolta
70. Royal KPN
71. SAP
72. Ricoh Co Ltd
73. Wipro
74. EMC USA
75. Microsoft Corporation
76. Bloomberg
77. Autodesk Inc.
78. Cisco Systems
79. Hewlett Packard
80. Infosys
81. Google
82. Salesforce
83. Atos
84. Dell
85. Sopra Steria
86. Intuit
87. RELX Group
88. Adobe
89. Commercial Group
90. Facebook
Automotive
91. Nissan
92. Honda Motor
93. Bridgestone
94. Ford Motor Company
95. Renault
Industrial
96. Philips
97. Interface Inc
98. Vaisala
99. Alcoa
100. China Steel
101. Gestamp
Publishing
102. Reed Elsevier Group
Financial Services
103. Goldman Sachs
104. Swiss Re
105. Commerzbank
106. J. Safra Sarasin
107. AXA Group
108. Principal Financial Group
109. T. Sinai Kalkinma Bankasi
110. NKSJ Holdings
111. Bank of Montreal
112. TD Bank Group
113. Voya Financial
114. GreenStep Solutions
115. ING Group
116. Teachers Mutual Bank
117. Westpac
118. Sharp Six
119. Insurance Australia Group
120. Bankia
121. Mediobanca
122. Hannover Rück
123. Aviva
124. Nordea
125. UBS
Auditing, Certification & Verification
126. SGS
127. KPMG UK
Motorsport
128. Formula E
Construction
129. Morgan Sindall Group
130. Marshalls UK
131. Pennon Group
132. Obayashi Corp.
133. Kingspan Group Plc.
134. Rockwool International
135. Broad Group
136. Elion
137. Senior
138. Travis Perkins
Food & Drink Services
139. Sodexo
140. Kirin Holdings Co.
141. Brown Forman Corporation
142. General Mills
143. Diageo Plc
144. Givauden
145. Elopak
146. Aditya Birla Chemicals
147. Coca Cola Enterprises
148. ICA Gruppen
149. Kellogg Company
150. Pukka Herbs
151. Crown Prince
152. IFF Research
Communications
153. Dentsu Inc
154. BT Group
155. Proximus
156. Econet
157. La Poste
158. CTT – Spanish Postal Service
159. Sony
160. Swiss Post Solutions
Travel
161. TUI Travel
162. International Consolidated Airlines Group Spain
163. Air Canada
164. Qantas Airways
165. British Airways
166. Virgin
167. National Express Group
168. TAV Airports
169. Thalys
170. Deutsche Bahn
Tobacco
171. Philip Morris International
Real Estate
172. Alstria
173. Land Securities
174. Fabege
Entertainment
175. Caesars Entertainment
176. Origin
Waste
177. 505-Junk
178. Green Coast Rubbish
Logistics
179. Novex Delivery Solutions
Marketing
180. Aimia
181. JCDecaux
Education
182. Pearson  
TOTAL: 182 Companies
Information sources: CDP & Climate Group Unlocking Ambition 2016 report and Driving Innovation, CDP 2014 Leaders Index, RE100 2016 Report, The B Team and companies own published sustainability reports and media releases

 

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