{"id":102007,"date":"2024-09-28T11:03:59","date_gmt":"2024-09-28T08:03:59","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=102007"},"modified":"2024-09-28T11:04:01","modified_gmt":"2024-09-28T08:04:01","slug":"alliance-of-ceo-climate-leaders-cuts-450-megaton-emissions-with-revenues-up-18","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/alliance-of-ceo-climate-leaders-cuts-450-megaton-emissions-with-revenues-up-18\/","title":{"rendered":"Alliance of CEO Climate Leaders cuts 450 megaton emissions with revenues up 18%"},"content":{"rendered":"\n<p dir=\"ltr\"><\/p>\n\n\n\n<p dir=\"ltr\">The Alliance of CEO Climate Leaders has cut emission by 10% across all three <a href=\"https:\/\/www.csregypt.com\/en\/barclays-discounted-interest-rate-of-green-loans-for-business-to-help-cut-emissions\/\">emissions <\/a>scopes \u2013 equivalent to 450 megatons, roughly the annual emissions output of France or the United Kingdom, with growth revenues up 18% over 2019 to 2022.<\/p>\n\n\n\n<p dir=\"ltr\">Launched alongside the signature of the Paris Agreement, the alliance is the world\u2019s largest CEO-led community focused on net-zero emissions, representing $4 trillion in revenue and 12 million employees in 12 industries, including healthcare, retail, heavy industry and agriculture.<\/p>\n\n\n\n<p dir=\"ltr\">\u201cBold and decisive leadership is needed to accelerate the net-zero, nature-positive transitions,\u201d said Gim Huay Neo, Managing Director, World Economic Forum. \u201cOver the last three years, the Alliance of CEO Climate Leaders has successfully cut 10% of its aggregate emissions \u2013 equivalent to the annual emissions of France \u2013 while growing revenue ahead of global GDP growth and delivering significant value for their stakeholders. This clearly demonstrates that positive climate action does not have to come at the expense of economic performance.\u201d<\/p>\n\n\n\n<p dir=\"ltr\">\u201cThis is clear evidence of the value of membership in this type of alliance,\u201d said Feike Sijbesma, Chair of the Supervisory Board of Royal Philips and founding Co-Chair of the Alliance of CEO Climate Leaders. \u201cThe results prove that green growth is not just an idea for the future but a real value driver today. Moreover, they highlight the benefits of collaborative action for front-runners like the alliance members who are committed to driving real-world change. Our members continue to work together, sharing knowledge and learning from each other\u2019s transition efforts \u2013 which have helped us to achieve this remarkable value creation with simultaneous emissions reductions.\u201d<\/p>\n\n\n\n<p dir=\"ltr\">These reductions were made possible by the collective dedication of alliance members in addressing all three emissions scopes, with a particular focus on initiatives to tackle Scope 3 emissions which account for over 85% of the alliance\u2019s combined footprint. In 2023, for example, 19% more alliance members took action to address Scope 3 upstream emissions including sustainability criteria in their procurement decisions, supporting suppliers to measure and reduce emissions, and engaging in financing initiatives such as paying green premiums. Additionally, the number of alliance members addressing their Scope 3 downstream emissions, through a sustainability-focused product design and partnerships with clients to address life-cycle emissions, increased by 12%.<\/p>\n\n\n\n<p dir=\"ltr\">\u201cThe alliance is showing that businesses can collectively make significant progress towards implementing the goals of the Paris Agreement,\u201d said <a href=\"https:\/\/sumantsinha.com\/\">Sumant Sinha, Chairman and CEO of ReNew<\/a> and Co-Chair of the Alliance of CEO Climate Leaders. \u201cThis group of 131 CEOs of the global Alliance comprises some of the largest companies across 27 countries, who are demonstrating that the economics of climate action can work in all regions \u2013 from emerging markets to developed economies. We hope these results encourage more businesses to join us in applying their knowledge and skills to transition to a truly global, net-zero economy that benefits communities all around the world.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Alliance of CEO Climate Leaders has cut emission by 10% across all three emissions scopes \u2013 equivalent to 450 megatons, roughly the annual emissions output of France or the United Kingdom, with growth revenues up 18% over 2019 to 2022. Launched alongside the signature of the Paris Agreement, the alliance is the world\u2019s largest [&hellip;]<\/p>\n","protected":false},"author":410,"featured_media":102008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[984,6030],"tags":[16327,15130,8050,6984],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alliance of CEO Climate Leaders cuts 450 megaton emissions with revenues up 18% - Csr Egypt<\/title>\n<meta name=\"description\" content=\"The Alliance of CEO Climate Leaders has cut emission by 10% across all three emissions scopes \u2013 equivalent to 450 megatons, roughly the annual emissions output of France or the United Kingdom, with growth revenues up 18% over 2019 to 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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