With the recent economic crisis and the ever-present threat of climate change, businesses are coming together to push for comprehensive energy and climate legislation and demand full disclosure of greenhouse gas emissions, water management, and contribution to deforestation. There are many organizations that help businesses collaborate on these issues, and you likely have one working in your local area, but here are three of the larger organizations that are working in the United States and around the world.
Business for Innovative Climate & Energy Policy (BICEP) is an advocacy coalition of businesses committed to working with policy makers to pass meaningful energy and climate legislation. This legislation will enable a rapid transition to a low-carbon, 21st century economy that will create new jobs and stimulate economic growth while stabilizing the climate. BICEP is a project of Ceres, and has 20 members including Nike, Starbucks, Best Buy, Ben & Jerry’s, Gap, Target, and eBay. Visit the press room to view some of their recent involvement in both federal and state legislation, or view their FAQ page for an overview of their policy stances and why effective legislation will benefit the U.S. economy and create jobs.
The Carbon Disclosure Project (CDP) is a non-profit organization that acts on the behalf of 551 institutional investors holding $71 trillion in assets under management, and 60 purchasing organizations such as Dell, PepsiCo and Walmart. CDP operates the only global climate change reporting system, harnessing the collective power of corporations, investors and political leaders. The project’s aim is to accelerate solutions to climate change and water management by putting relevant information at the heart of business, policy and investment decisions. Over 3,000 organizations in some 60 countries around the world now measure and disclose their greenhouse gas emissions, water management and climate change strategies through CDP, and the data is made available for use by a wide audience. Visit their reports page to view information on water disclosure, cities, supply chain, public procurement, and investors. CDP also releases a leadership index which recognizes companies that show clear consideration of business-specific risks and potential opportunities related to climate change and good internal data management practices for understanding GHG emissions.
Similar to CDP, the Forest Footprint Disclosure (FFD) project helps investors identify how an organization’s activities and supply chains contribute to deforestation. The project aims to create transparency and address a key challenge within investor portfolios. Participating companies are asked to disclose how their operations and supply chains are impacting forests worldwide, and what is being done to manage those impacts responsibly. The disclosure information will be reported annually, enabling investors to identify the sustainable businesses of the future as well possible risks related to a company’s forest footprint. FFD is currently endorsed by 58 financial institutions representing more than $5 trillion collective assets under management.