22 May 2015 – Over the next 15 years, approximately $93 trillion will be needed for investment in low carbon infrastructure across the world. Success would mean mobilising more private capital behind public goals, delivering economic growth and putting us on the path to a net-zero emissions global economy. This paper makes a series of recommendations to achieve this goal.
February 2015 – With Commission cabinets, the University of Cambridge Institute for Sustainability Leadership identified the need for additional thinking on the role of private capital in building an Energy Union. This brief discussion paper addresses the necessary systemic and regulatory reforms that would stimulate private capital flows into the proposed European-wide Energy Union. It has been divided into two parts: a high-level strategic assessment of the challenge, and a formula for unlocking private capital.
27 January 2015 – The first ten years of The Prince of Wales’s Corporate Leaders Group.
27 January 2015 – These case studies illustrate that members of The Prince of Wales's Corporate Leaders Group have found that action to reduce emissions can deliver growth and benefits to consumers.
January 2015 and September 2014 – This briefing presents the findings of The Global Commission on the Economy and Climate as documented in their New Climate Economy Synthesis Report, ‘Better Growth, Better Climate’ as a short and relevant summary for a business audience.
September 2014 – Climate action was once perceived by many governments and many businesses as about sacrifice. Today, the value proposition is very different.
These short, sector-specific briefings in different languages are based on the IPCC Fifth Assessment Report (AR5), the most comprehensive climate assessment. All documents have a Creative Commons License and are free to use. Translations, presentations, videos and FAQs are also included in this section.
June 2014 – The European Union (EU) is at a crossroads; it can create a competitive Europe-wide energy system that responds to energy security and climate concerns whilst stimulating job creation and growth, or it can become increasingly un-competitive, strangled by high energy imports (the EU imports 53% of the energy it consumes) and an underinvested, underperforming energy system.
Since 2007 The Prince of Wales's Corporate Leaders Group (CLG) has created Communiqués which set out the business case for an ambitious, robust, effective and equitable UN climate framework and offers a progressive global consensus on the shape of an agreement.
2014 – The Corporate Climate Communiqués are international business statements calling for policies and action to tackle climate change. Bringing together hundreds of business leaders in support of a robust and equitable international treaty on climate change, they are seen by many as representing the definitive voice of progressive business in advance of policy discussions.
8 January 2014 – With the release of the fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) the world has received another of science’s periodic warnings of the need to change, or face disaster.
December 2013 – Sustainable Mobility. Lightweighting: the players, the stakes and the keys to unlocking potential gains.
November 2013 – ClimateWise publishes priorities, planning framework and toolkit. Urban resilience against the weather effects of climate change is an imperative of the insurance industry. It reduces losses, promotes insurability, and presents opportunities for innovative risk transfer and insurance solutions to help manage climate risk.
November 2013 – This is one of three documents developed by insurance industry leaders and city stakeholders through the Building Climate Resilience in Cities workshop series convened by Ceres and ClimateWise in 2012 and 2013. This document distils the key priorities that emerged from the workshop series for collaborative action between key urban resiliency stakeholders to build climate resilience in cities.
ClimateWise Thought Leadership: A one in ten chance: As risk experts do insurers really communicate risk effectively?
July 2013 – Exploring how the perception of risk affects customer responses to climate risk. How risk is perceived is key to whether people take action to manage risk. Advertisers use insights from behavioural science all the time but it is not often considered when looking at responses to unexpected events.
April 2013 – PSSI is a unique consortium of leaders from professional services firms to encourage and deliver tangible steps towards a sustainable future. Its sub-group on Internal Air Travel was set up to look into the measuring, management and reporting of internal air travel in the professional services sector. It was conceived of and launched by professional services executives in 2012. The group leverages the professional services’ expertise to better understand, communicate and act on their GHG emissions resulting from business internal air travel.
ClimateWise Thought Leadership: The role of insurers in strengthening business resilience to climate risk
February 2013 – Tokio Marine & Nichido Fire Insurance is Japan's leading general insurance company, established in 1879. In this ClimateWise Thought Leadership article Kunio Ishihara, Chairman of the Board, discusses the role of insurers in supply chain resilience, and where climate change poses particular threats to these supply chains across Asian markets.
January 2013 – Over the past 25 years, business has shifted its response to sustainability issues from a focus on compliance and reputation management to longer-term risk management and building competitive advantage.
January 2013 – The Future in Practice; the idea of the long term, and of avoiding ‘short-termism’, has become a dominant topic in business and sustainability debates.
December 2012 – The State of Sustainability Leadership is the Cambridge Institute for Sustainability Leadership (CISL)’s annual collection of ideas and research into how business and policy leaders are tackling the challenges of the 21st century.
December 2012 – For the past 12 years, the Cape Farewell project has embedded climate scientists with artists, writers and film-makers to address what has been described as humanity’s greatest challenge: anthropogenic climate change. The two intellectual tribes of scientists and artists have been surprised at the closeness of their shared quest to define how we can comprehend the complexities of the climate challenge. Both have benefited from each other’s ambition to envision a cultural shift that could lead towards sustainable societies.
December 2012 – Europe’s policy leaders at all levels of the political ladder – from the EU institutions to the member states – are confronted daily with short-term economic challenges. As a result, sustainability and climate issues are often set aside, and leadership is waning.
December 2012 – There are many roles for business in developing sustainability, but the most important is to integrate sustainability principles into business strategy. Sustainability means much more than just worrying about the environmental impacts of business operations – this only represents ‘business as usual’. I prefer the idea of looking for the business opportunities that could arise from the huge challenge of trying to raise living standards for a likely population of 9 billion in 2050, yet remaining within the limits of our planet.
December 2012 – COP17 – the 17th Conference of the Parties for the United Nations Framework Convention on Climate Change – proved a catalyst for South African business to engage more deeply with the challenges of climate change. What became clear through my attendance at the event, and my active participation in the South African Corporate Leaders Group on Climate Change, is that the global climate system is not open to negotiation.
December 2012 – The Intergovernmental Panel on Climate Change (IPCC) estimates that global greenhouse gas reductions of 50–85 per cent will be needed by 2050 to avoid dangerous climate change, representing a radical shift away from today’s fossil-fuel-derived economy. This begs the question: is such a reduction achievable, and if so, how? This is one of the key challenges tackled through the research of Dr Julian Allwood and his Low Carbon Materials Processing Group (LCMPG) at the University of Cambridge.
December 2012 – Dr David Reiner’s research follows international negotiations on climate change, the consequent development of national climate change and energy policies, and public perception and communications regarding energy and climate policies. Much of his research focuses on regulatory design in energy and environmental policy, such as in setting goals in regulation and on wider public attitudes towards energy – for example, the upcoming rollout of smart meters and its likely impact on consumer demand.
April 2012 – Inherent uncertainty means that every statement made in relation to climate change risk must be caveated, but that is not an excuse for inaction.
November 2012 – The growing variability, intensity and uncertainty of the earth’s climate is already affecting communities, markets and business operations. A clear, stable, ambitious and cost-effective policy framework is essential to underpin the investment needed to deliver substantial greenhouse gas emissions reductions by mid-century.
November 2011 – Last Friday the Nobel Prize-winning Intergovernmental Panel on Climate Change (IPCC) approved a new report on ‘Managing the Risks of Extreme Events and Disasters for Climate Change Adaptation’. This is compelling reading both for those interested in climate change science, and for those working everyday to protect future economic and social activity.
October 2011 – This Communiqué – the fifth such statement – is being issued to governments by leaders of over 200 companies from around the world. As business leaders, we are committed to action on climate change, sustainable development and the green economy. Green growth offers the potential to create a more prosperous and resilient economy, and deliver innovation, new industries and jobs. We continue to broaden understanding amongst our peers of the economic case for green growth and the urgency of meeting the 2°C challenge.