1.5°C Business Playbook
For companies with a mission to change the world
A Guideline for Exponential Climate Action
The 1.5°C Business Playbook is supported and used by some of the most influential and innovative companies in the world with a combined yearly revenue of 900 billion dollars.
The 4 Climate Pillars
Reduce you own emissions
Pillar 1 focuses on a company’s activities to reduce its own emissions, aligned with a 1.5°C pathway. To align with the 1.5°C ambition, the minimum requirement is to halve your own emissions (scope 1 & 2) at least every decade. For many companies, a 90% reduction of scope 1 & 2 emisisons can be acheived by 2030.
Reduce your value chain emissions
Pillar 2 focuses on a company’s activities to reduce its value chain emissions, following the same trajectory. These include all emissions “outside the company walls”, which often represent the largest share of a company’s total footprint and must therefore be addressed. Value chain emissions (scope 3) include emissions from upstream and downstream activities.
The 1.5°C Supply Chain Leaders is an initiative driving climate action throughout global supply chains
Integrate climate into your strategy
Pillar 3 focuses on the company’s impact in society through the use of its products and services. It shifts the focus from only reducing the footprint to also providing solutions. Such a shift requires the alignment of the company’s vision, strategy, value proposition, and customer offerings with the 1.5°C ambition.
Influence climate action in society
Pillar 4 describes how to contribute to the 1.5°C and net zero ambition beyond the company’s own business and value chain. This means accelerating global climate action by sharing examples and scaling best practices through collaboration with other industry leaders. It also includes influencing policies and engaging industry associations to accelerate climate action, making climate and nature contributions beyond the value chain and helping management and employees to adopt sustainable practices.
4 Climate Pillar Strategies
Innovative, disruptive and transformative companies are applying the 4 Climate Pillars of the 1.5°C Business Playbook, taking concrete action to halve their emissions by 2030 towards Net Zero.
COP27 session: Pär Stenmark, Chief Sustainability Officer, Inter IKEA Group, highlights their 4 Climate Pillar strategy to reduce IKEA’s emissions and the emissions they influence. Live from the We Don’t Have Time’s COP27 Hub at the Nature Positive Pavilion, as part of the ‘Transforming big corporations’ session.
COP27 Session: Hosted at the Business Sweden Pavilion, this session highlights how Normative, BT Group and Ericsson are taking action across the 4 Climate Pillars of the 1.5°C Business Playbook to cut their emissions and the emissions they influence.
The 1.5°C Business Playbook is supported by companies with a combined revenue of over 900 billion dollars. Watch our launch event of the second version, from Solutions House at Climate Week NYC, to hear how climate leaders Ericsson, Netflix, IKEA and Ørsted apply the 4 Climate Pillar framework in their business.
Normative, helps businesses reach net zero emissions. As the world’s first carbon accounting engine, Normative enables businesses to accurately and comprehensively measure their carbon footprints. Working from these measurements, Normative recommends tailored reduction actions and climate investments to bring businesses to true net zero.
As members of the Exponential Roadmap Initiative, BT Group supports the 1.5°C Business Playbook- a guideline for exponential climate action- and are taking action across the 4 Climate Pillars of the Playbook. This year, we spoke to BT Group about the fourth climate pillar- how the company is influencing climate action in society.
As a member of the Exponential Roadmap Initiative, Unilever supports the 1.5°C Business Playbook - a guideline for exponential climate action - and is taking action across the 4 Climate Pillars of the Playbook. We spoke to Unilever in September 2022 to hear about their journey to net zero value chain emissions by 2039.
Through decades of life cycle assessments and research on the impact of the ICT sector, we understand what digitalization and technology can do to reach Net Zero and positively transform society. According to Ericsson’s peer-reviewed research, ICT solutions have the potential of enabling 15% emission reductions across industries by 2030, while being responsible for only 1.4% of the global carbon footprint.
Houdini’s vision since 2001 has been, maximum experience, zero impact and beyond. It is what we are working towards with uncompromising commitment and speed since 2001. We apply a holistic formula in the Race to Zero (and beyond), taking action across the 4 Climate Pillars of the 1.5°C Business Playbook.
At Ørsted, we believe that business has a central role to play in efforts to limit global warming to 1.5°C and avoid climate breakdown. Since the late 2000s, we have therefore taken a holistic approach to climate action, working across the 4 Climate Pillars outlined in the 1.5°C Business Playbook.
Our vision is to be a change maker for a society where people can thrive on a planet in balance. We accept that there are planetary boundaries, and we strive to thrive within them. Being part of the Exponential Roadmap Initiative and the Race To Zero Campaign boosts our climate strategy. Not least, the 4 Climate Pillars of the 1.5°C Business Playbook is a valuable framework for our sustainability work.
Knowit’s role is growing in importance from a sustainability perspective. Through the merger with Cybercom, first to apply a disclosure model based on the 1.5°C Business Playbook’s 4 Climate Pillars in 2021, the work continues.
AFRY have developed the AFRY 1.5°C Roadmap to support and guide the company towards delivering on climate commitments, and to be transparent about our climate action. Our climate commitments are in support of limiting global warming to 1.5°C and cover how we run our operations, integrate sustainability into our design, engineering and advisory solutions and seeking out transformative, innovative assignments to accelerate the sustainability transition.
NIGEL TOPPING, BÖRJE EKHOLM, CHRISTIANA FIGUERES: In order to help companies of any size take climate action, a group of industry and academic partners recently launched the 1.5°C Business Playbook. It is a framework for enterprises to identify value opportunities in their own business and prepare for a transition to this new economy.
“The science makes clear that we need a fundamental reshaping of business and finance. Every board and every company must show a credible strategy to align with 1.5°C. This Playbook is an excellent guide for the necessary journey to net zero emissions, to prepare business for the fastest economic transition in history and help them drive it. It’s a guide for preserving a more liveable planet for future generations.”
Convenor, Mission 2020
“The 1.5°C Business Playbook provides a great framework aligned with the Race to Zero campaign, available today for companies to use. Focusing on simplicity and speed, it will help companies to halve emissions by 2030 towards net-zero well before 2050.”
UK High Level Climate
Action Champion for COP26
“This Playbook is aligned with the target to limit global warming to just 1.5°C. The only pathway left is massive emissions reductions across all business sectors in the next decade. We show that this is achievable.”
Director, Potsdam Institute for Climate Impact Research, Executive Director, Stockholm Resilience Centre
“The 1.5°C Business Playbook is a framework for company strategy and action, that we use, to help our supply chain business partners to set
1.5°C aligned targets. We need all companies to be bold and join this journey towards a more sustainable and connected world.”
“Businesses must align with the 1.5°C pathway if we want to address the climate emergency. The 1.5°C Business Playbook provides an action plan for businesses of all sizes to develop and urgently implement ambitious climate strategies.”
CEO, We Mean Business coalition
“We designed the 1.5°C Business Playbook to make it easy for businesses to set sharp targets and meet them through clear action. In fact, many companies can halve their emissions much faster than every decade.”
CEO and Co-Founder of Exponential Roadmap Initiative
“Humanity is taking grave risks with the stability of the Earth’s life support system as global average surface temperatures continues to rise. We now need the fastest economic transition in history.”
Co-founder Exponential Roadmap Initiative and Co-lead author Exponential Roadmap
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