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<\/a>\u201cMany companies say they want to reduce or neutralize emissions, but they don\u2019t know how much they emit or what are their main emission sources. The Net Zero movement thinks of a series of commitments so that companies can reduce their emissions and neutralize them in the future,\u201d he said.<\/p>\n
The launch of the program took place on the sidelines of COP28 at the Global Compact\u2019s event \u201cTransition in the Global South: Building a Net-Zero Economy\u201d which addressed topics of mitigation, adaptation and means of implementation.<\/p>\n
The platform has two leading goals. The first is evaluating the climate impact with a tool that allows companies to calculate the CO2 emission potential and other climate indicators of their products or services. The calculator encompasses all key sectors of the green economy, including forests and land use, agriculture and food systems, water and sanitation, logistics and mobility, energy and biofuels, waste management, industry, and financial sector.<\/p>\n
The second goal is to bring about connections between suppliers and demanders of green solutions, operating as a green business network and providing resources to facilitate these connections, including a green business database, networking opportunities, and relationship events.<\/p>\n
Ambition 2030 Strategy<\/strong><\/p>\n Ambipar, a Brazil-based environmental management global company, said at the event it was the first company to commit to all of ten movements of the Ambition 2030 strategy of the UN Global Compact Brazil established to fast-track the targets proposed by the UN 2030 Agenda, which addresses issues related to climate, water access, circular economy, the Amazon, mental health, human rights, anticorruption, and education.<\/p>\n Through October 2023, 261 companies had joined the movements and pledged to 458 commitments on various fronts. The targets are a call from the UN Global Compact Brazil for Brazilian companies to recognize the urgency and need for concrete actions, with targets and public commitments.<\/p>\n \u201cReaching the Sustainable Development Goals is a priority and engaging the private sector is fundamental for that. As a supporter of the Ambition 2030 and a company that commits to all its movements, we will be able to raise more debates and discussions and encourage the private sector to commit to the socio-environmental agenda. We have to get to work to make a difference in the future of the planet,\u201d said Ambipar sustainability director Rafael Tello.<\/p>\n The Arab-Brazilian Chamber of Commerce<\/strong> (ABCC) has been a Global Compact Brazil signatory since 2020, and at COP28 it is an institutional partner of the Compact for appointments held with Arabs. During the event in Dubai, ABCC president Osmar Chohfi stressed the key role of companies in holding sustainable actions and the importance of engaging companies in global discussions on climate change.<\/p>\n \u201cSustainable production will effectively happen only if it engages companies. Green economy settings will be forged, and notions of responsible consumption will be consolidated in people\u2019s minds through their policies and actions,\u201d he said.<\/p>\n He emphasized Brazil\u2019s potential in the green economy, including biodiversity reserves, clean energy, green hydrogen production, and efforts to incorporate the Amazonian peoples into the economy, and finished by stressing its availability to dialogue and to striking mutually beneficial partnerships in different business fields and ESG.<\/p>\n Sonia Guajajara<\/strong><\/p>\n Brazil\u2019s indigenous peoples minister Sonia Guajajara, who is the head of the Brazilian delegation at COP28, spoke at the Global Compact event and underscored the need to engage all sectors, including governments, the civil society, and private companies, for a fair transition towards a net-zero economy in the Global South.<\/p>\n<\/a>