New Communiqué coming soon
The Prince of Wales’s Corporate Leaders Group (CLG) have been convening The Corporate Climate Communiqués since 2007. Each year the Communiqués have been a call from business for robust policy frameworks to tackle climate change. The CLG will be launching the next Communiqué in the series in 2014. If you’d like to be kept up to date about the new Communiqué please contact us.
11 April 2013 webinar: Carbon pricing – a part of our future?
On 11 April, CPSL and the Corporate Leaders Network (CLN) hosted a webinar on carbon pricing, an overview discussion exploring what it is, its pro-business rationale, global trends in this area, its shortcomings and how to make it work. There were two sessions to cater for different time zones, with 30–40 signing into each, which is an excellent result. Countries represented were: Brazil, South Africa, Russia, China, Canada, US, Chile, Peru, Denmark, Germany, France, Switzerland, Italy, Australia, Ireland, Hong Kong, Belgium, Norway, and Spain.
We were privileged to have such an eminent group of speakers contribute to the discussions:
• Chris Hope, Reader in Policy Modelling, University of Cambridge, IPCC Lead Author
• David Hone, Senior Climate Change Advisor for Royal Dutch Shell and Chairman of the International Emissions Trading Association (IETA)
• Douglas Crawford-Brown, Director of the Cambridge Centre for Climate Change Mitigation Research (4CMR)
• Jeff Swartz, International Policy Director, International Emissions Trading Association (IETA) and Advisor to the Chairman at China Carbon Forum
• Jill Duggan, Policy Director, Doosan Power Systems. Previously played a prominent role in the UK government on the development of the EU Emissions Trading Scheme
• Lisa Jacobson, President of the Business Council for Sustainable Energy. She is also a member of the Department of Energy's State Energy Efficiency steering committee
The sessions were moderated by Nicolette Bartlett, who facilitates the Corporate Leaders Network at CPSL.
We have a rich recording (so in real time, fully interactive) available until mid-May 2013:
Session 1 link
Session 2 link
The CLN hopes to build on this experience to run similar sessions in future, utilising the forum to bring companies together globally to delve into an issue in more depth.
20 December: Report back from Doha
This year’s UN Climate Change meeting in Doha, Qatar, was graced from the start with extremely low expectations. In the end, the minimum was done to 'keep the show on the road' with countries agreeing to extend the Kyoto Protocol commitment period and settling on a process for negotiating a new deal by 2015. There are some positive ‘take-aways’ for business including the continuation of the rules and institutions of the Kyoto Protocol, and progress on rules around transparency.
However, the overall political signal from Doha was very bad: the pace of negotiations was slow, trust between power blocs lacking, ambition low and positions entrenched. For a deal to be done in 2015 that delivers what is need to prevent dangerous climate change, there will have to be a significant shift in ambition and a change in the political dynamic to achieve greater consensus. Actions at the national level to reduce emissions will also be key for setting an agenda of progress.
Read The Prince of Wales's Corporate Leaders Group on Climate Change's report on Doha.
Business leaders must take on challenge at Doha – The Guardian
In The Guardian (23/11/12) Paul Polman, CEO of Unilever, explains why Unilever is an, “enthusiastic signatory to The Carbon Price Communiqué, which urges policymakers to introduce a clear carbon price framework in a stable and timely way”. One of the two areas Unilever are keen to see progress is carbon markets. “Effective carbon pricing can mobilise finance at a scale that can impact the climate challenge, and better align the scale, reach and innovation of business with the needs of the planet and its growing population.”
Read Paul Polman's piece in The Guardian.
The world needs a deal on carbon pricing – The Independent
A letter from representatives of The Prince of Wales's Corporate Leaders Group on Climate Change, World Business Council for Sustainable Development and Royal Dutch Shell in support of The Carbon Price Communiqué took the lead spot in the letters page of the Independent on 4 December 2012. The letter states that, “a key policy that could help drive fast and cost-effective emissions reductions, and that has the support of business, is carbon pricing”.
Read the letter in The Independent.
6 December, 11:30 GMT: Interview with Connie Hedegaard supporting The Carbon Price Communiqué
Connie Hedegaard, European Commissioner for Climate Action, talks with Sandrine Dixson-Declève, Director of the EU CLG, about her support for The Carbon Price Communiqué at its launch on 19 November, 2012.
29 November, 09:00 GMT: Events at which The Carbon Price Communiqué will be profiled at COP18
The Carbon Price Communiqué will be officially distributed to all Parties at the UNFCCC COP18 negotiations in Doha and will be mentioned and visible at IETA and WBCSD events.
Please download a list of events here.
23 November, 14:00 GMT: Report of the launch of The Carbon Price Communiqué in Brussels with Commissioner for Climate Action, Connie Hedegaard
On Monday, 19 November, The Prince of Wales’s Corporate Leaders Group on Climate Change (CLG) held the first public launch event of The Carbon Price Communiqué. The launch and reception were hosted at the Brussels offices of the EU CLG. The Carbon Price Communiqué was presented to Commissioner for Climate Action, Connie Hedegaard; 20 distinguished ambassadors and embassy representatives; business leaders, NGOs and European press.
Guests came to join a prestigious line up of roundtable participants including EU Commissioner for Climate Action, Connie Hedegaard, Ambassador of Korea to the EU, H.E. Chang-beom Kim, Deputy Head of Mission of the Embassy of Australia, Mr Craig Maclachlan, Chair of the International Emissions Trading Association, Shell, David Hone and EU CLG Chair (former Chair Alstom Power), Philippe Joubert.
22 November, 12:00 GMT: New Q & A published for The Carbon Price Communiqué
If you are considering signing The Communiqué but would like to understand better the context and reasoning behind it, including why it is an important statement even for companies outside the energy sector, please read our new Q & A document.
Download The Carbon Price Communiqué Q & A.
19 November, 17:00 GMT: Brussels launch of Carbon Price Communiqué
The Carbon Price Communiqué was officially presented to policymakers and representatives of key governments at an event today in Brussels, co-hosted by the European Commission and The Prince of Wales’s Corporate Leaders Group on Climate Change.
The Communiqué, signed by over 80 international companies, calls on policymakers to focus on achieving a clear and effective global carbon price as a way of driving substantial reductions in greenhouse gas emissions. It cites the progress made in some advanced developing countries and regions that are starting to implement cap and trade programmes alongside other measures and calls for such measures to be expanded.
Speakers at the launch included European Commissioner for Climate Action, Connie Hedegaard, the Ambassador of Korea to the EU, H.E. Chang-beom Kim and the Australian Deputy Head of Mission to the EU, Craig Maclachlan. Representatives from Shell, Alstom, WBCSD and IETA also attended.
Read The Communiqué.
19 November, 00:01 GMT: Business issues call to action on carbon pricing
Over 100 leading international businesses today urged policymakers to focus on achieving a clear and effective global carbon price as a way of driving substantial reductions in greenhouse gas emissions. An ambitious carbon price is essential to deliver regulatory certainty and drive low carbon investment, the businesses argue.
The Carbon Price Communiqué has been written by The Prince of Wales’s Corporate Leaders Group on Climate Change with contributions from the World Business Council on Sustainable Development, the International Emissions Trading Association, and the Corporate Leaders Network on Climate Action. It is the sixth such statement from business leaders, but the first to focus on a specific climate policy question.
Signatories to The Communiqué include EDF Energy, Lloyds Banking Group, Unilever, Shell, Skanska, Doosan Power, Acciona, Aviva, Swiss Re and Braskem.
Read The Communiqué.
Read the Press Release.
"YTL Corporation Berhad joins the call for action on mitigating climate change, through the support of investment and innovation in clean technology and adaptation."
Ruth Pei Cheen Yeoh
Director of Investments
YTL Corporation Berhad
Read The Communiqué
in a variety of languages
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