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Monday, October 25, 2021

S4Capital becomes first major agency to sign ‘The Climate Pledge’

Along with a number of global companies, including Amazon, Sir Martin Sorell’s S4Capital became the first major international agency to join The Climate Pledge. With the aim of helping to significantly reduce corporate carbon emissions, 53 companies across 18 industries and 12 countries have pledged to work towards attaining net-zero carbon in their worldwide businesses.

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Each organization is at a different stage in its journey to attaining net-zero carbon emissions, but all 53 signatories are committed to The Climate Pledge’s ambitious goal of meeting the Paris Agreement 10 years early. Those that joined also include Acciona, Colis Prive, Cranswick plc, Daabon, Free Now, Generation Investment Management, Green Britain Group, Hotelbeds, IBM, Iceland Foods, Interface, Johnson Controls, MiiR, Orsted, Prosegur Cash, Prosegur Compañia de Seguridad, Slalom, S4Capital, UPM, and Vanderlande.

The 20 new signatories represent diverse economic sectors — from energy to agricultural to financial services. Each company is executing science-based, high-impact changes to its business to help decarbonize the value chain, including bringing about innovations in the circular economy, deploying clean energy solutions, and mobilizing supply chains to reach net-zero by 2040.

Signatories to The Climate Pledge agree to:

  • Measure and report greenhouse gas emission on a regular basis.
  • Implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies.
  • Neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially-beneficial offsets to achieve net-zero annual carbon emissions by 2040- a decade ahead of the Paris Agreements goal of 2050.
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Jeff Bezos

Commenting on the initiative, Jeff Bezos, Amazon Founder and CEO, said, “As the U.S. takes an important step forward in the fight against climate change by officially rejoining the Paris Agreement this week, I am excited to welcome 20 new companies to The Climate Pledge who want to go even faster.”

Referring to the idea behind the pact, he further added, “Amazon co-founded The Climate Pledge in 2019 to encourage companies to reach the goals of the Paris Agreement 10 years early, and we’re seeing incredible momentum behind the pledge with 53 companies from 18 industries across 12 countries already joining. Together, we can use our collective scale to help decarbonize the economy and preserve Earth for future generations.”

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