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Copenhagen Communique - Companies sign up for Climate Change Conference

By Jo Matthews

Last updated 9/27/2009 9:50:05 AM

Copenhagen Communique - Companies sign up for Climate Change Conference

Over 500 leading global companies have signed up to a call for action to reduce emissions, in time for the UN conference on climate change in Copenhagen in December.

The move by some of the world's leading brands comes after UK prime minister Gordon Brown pledged to attend the conference to ensure that tangible action is taken to curb the world's rising temperature.

Signalling the latest in a series of events aimed to increase the pressure on world leaders, the communique is intended to ensure that a secure agreement is made to cut greenhouse gas emissions.

The Copenhagen Communique has been designed as an ‘ambitious, robust and equitable global deal on climate change', and was distributed to 100 world leaders at the UN climate summit in New York on Tuesday..  Signatories include British Airways, Virgin, BP, Shell, Coca-Cola, Gap, HSBC and energy suppliers EDF and E.ON.  The statement was signed by companies from more than 50 countries including the UK and Europe, the U.S, Russia and China.

The communique requires global emissions to fall by 50% and 85% by the middle of the century, and calls for funding to prevent deforestation, which accounts for almost a fifth of global emissions. It is hoped that a science based agreement with commitments for deep and immediate cuts from industrialized countries will ‘deliver the economic signals that companies need if they are to invest billions of dollars in low carbon products, services, technologies and infrastructure'.

The communique, organised by the Prince of Wales's corporate leaders group on climate change based at the University of Cambridge, said: 'It is critical that we exit this recession in a way that lays the foundation for low-carbon growth and avoids locking us into a high-carbon future.'

Read also

>> Hopenhagen launched by UN and global advertising think-tanks

>> Business Summit on Climate Change - Unilever pushes for stop on deforestation

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