Tag: We Mean Business Coalition

New polling shows overwhelming global business support for clean electrification amid fossil fuel volatility

Stuart Mitchell

A landmark global survey of business executives across 18 countries shows overwhelming support for a rapid transition to electrified economies run predominantly on renewables-based electricity.  The findings suggest geopolitical instability is accelerating an existing business shift toward clean electrification, but that power systems, grids and policy frameworks are not keeping pace.  As geopolitical tensions continue in the Middle East, and G7 leaders gather in Evian amid growing concern over economic resilience and global vulnerabilities, 91% of business leaders say electrification would improve energy security, and 79% say instability has made…

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We Mean Business Coalition Pen Letter to G7 Ministers

Stuart Mitchell

Ahead of an important summit in Hiroshima, Japan, the We Mean Business Coalition has penned a letter to global leaders urging them to make significant climate commitments. The coalition highlights several issues such as the war in Ukraine, inflation, food and energy crises, extreme weather events, and biodiversity loss, which are causing suffering among Ukranians. The group emphasizes that transitioning to clean energy and achieving net-zero emissions can not only improve citizen well-being but also boost the economy. The coalition urges the leaders to acknowledge the fact that fossil fuels…

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Businesses are setting strong climate targets and decarbonizing – and say carbon credits are key for taking climate action

Stuart Mitchell

New report by Conservation International and We Mean Business Coalition reveals that business leaders want to deploy every tool available to progress climate targets this decade and beyond. Businesses are committed to long-term decarbonization while they continue to seek pathways to accelerate impactful climate action this decade. Almost 80% of business leaders agree that science-based targets keep companies on track to meet goals and 100% of businesses surveyed already have or are working towards climate targets. Businesses overwhelmingly agree (82%) they need to accelerate decarbonization efforts but need additional support,…

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