Companies around the globe have increasingly announced pledges to reduce emissions, align their businesses with the Paris Agreement targets, and speed up the transition to a low-emissions economy.
Below are major resources and initiatives in which businesses have been involved:
Standards and guidance
- GHG Protocol: the Greenhouse Gas Protocol, developed by the World Resources Institute (WRI), provides general guidance, training, and tools for businesses and governments to manage greenhouse gas (GHG) emissions and design mitigation actions. Includes agricultural guidance.
- ISO 14040:2006: this ISO standard describes the principles and framework for life cycle assessments (LCA).
- Climate Bonds Initiative: the CBI, through green and climate bonds market, promotes investments in projects and assets to contribute to the transition to low-carbon and climate-resilient economies. It includes agricultural criteria.
- See Standards on the Publications Resource page
Finance
- Principles for Responsible Investment: the PRI supports its international network of investor signatories in understanding and incorporating environmental, social and governance (ESG) factors into their investment and ownership decisions.
- Livelihoods Fund: an investment fund that is supported by private companies committed to promoting positive social and climate impacts while offsetting their carbon footprint or improving their supply chain efficiency.
Targets
- Science-Based Targets: an initiative that lists companies that have set science-based targets to reduce their GHG emissions. It also defines and promotes several resources for setting and committing to a science-based target.
- Carbon Disclosure Program: the CDP runs a disclosure system for the private and public sectors (e.g., investors, companies, cities and countries) to better understand and manage their environmental impacts.
Working groups
- Tropical Forest Alliance: the TFA is a multistakeholder engagement platform aimed at halt tropical deforestation associated with commodity sourcing, especially palm oil, soybean, beef, and paper and pulp.
- Task Force on Climate-related Financial Disclosures: The TFCD aims to develop climate-related financial risk assessments for companies to inform their respective investors, lenders, insurers, and other stakeholders.
- The Consumers Goods Forum: this initiative has been designed to promote engagement and support retailers, manufacturers and associated stakeholders to collaborate on positive business changes.