Business leaders and Platform members present the Compact to the Danish Minister for Climate, Energy and Buildings and the Brazilian Ambassador on 12 March 2012
With growing business interest in the management of natural capital over the last year, members of the Natural Capital Leaders Platform have developed a ground-breaking 'Natural Capital Leadership Compact'. This is a business statement of intent that also urges international governments to commit to a global policy framework on the responsible and sustainable use of natural resources.
The Compact has been fed into the UN Rio+20 policy-making processes and is currently generating significant interest among companies with recognised global brands who want to show their support for its bold business commitments. The Leadership Compact is based on the outcomes of practical collaboration within the Platform over the last 18 months to identify innovative business solutions that address natural capital challenges globally.
The Leadership Compact’s commitments recognise that we do not have 20 more years to debate what needs to be done. The businesses' pledges cover:
By signing the compact companies agree to demonstrate their commitment by:
On 19 June 2012, the Draft Text of the Outcome Document of The UN Conference on Sustainable Development was presented by the Conference’s Presidency. It was adopted by consensus, to be taken over to the High Level Segment of the meeting.
Read the Comparison of the Draft Text of the Rio+20 Outcome Document with The Leadership Compact: ‘Committing to Natural Capital’
In advance of the Rio+20 Summit, a group of prominent business leaders whose companies have a collective turnover of over $US 350 billion, called for urgent action to properly value and maintain the Earth’s natural capital.
Read the Press Release
CPSL and Platform members will be attending the UN Rio +20 conference to highlight the ambitious business pledges on behalf the global companies who have endorsed the Compact. They will also be speaking at several official side events to discuss the Compact and its key themes at the highest level.
A select group of leading international companies who are demonstrating leadership in responding to the impacts of natural capital loss have come forward to endorse the Natural Capital Leadership Compact. View the signatories.
A group of prominent EU business leaders from the Natural Capital Leadership Platform and The Prince of Wales's EU Corporate Leaders Group met with President Barroso, Commissioner Hedegaard (CLIMATE), Commissioner Potočnik (ENVI) and other senior European Commission officials for discussions on climate, energy and natural capital. The discussions focused on how the EU can exit the recession through green innovation, and the Natural Capital Leadership Compact's bold business commitments.
On 12 March 2012 the Natural Capital Leadership Compact was launched by Platform members Arup, Anglo American and ASDA Walmart in London. It was presented to the Danish Minister for Climate, Energy and Buildings and the Brazilian Ambassador.
Please complete your details in the signatory enquiry form, and we will be in contact to discuss the process and next steps.
John Pharoah, Project Manager
T: +44 (0) 1223 768844
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