Corporate Giants Commit to Climate Action Before Davos

What is Davos?

Davos is the location of the World Economic Forum’s annual meeting where business leaders and government heads use the media spotlight to highlight major sustainability announcements.

Corporate Giant Announcements:

• Nestlé: 
  • commits to all recyclable or reusable packaging by 2025
  • invests $2 billion in the development of sustainable packaging solutions
• Microsoft: 
  • commits to remove all carbon it has created by 2050 and will be carbon negative by 2030
  • invests $1 billion into a climate innovation fund
• BlackRock: 
  • joins the Climate Action 100+
  • exits investments in thermal coal producers
  • sent a letter to investors describing climate change as a defining factor in companies’ long-term prospects

The (Customer Data Platform) CDP A-List:

CDP is an international non-profit that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts.

The CDP’s A-List compiles the world’s most pioneering companies at the forefront of environmental transparency and performance.

A few international leaders of the CDP A-List:

AstraZeneca, BT Group, CVS Health, Danone, H&M, Grupo CCR Klabin, The LEGO Group, L’Oreal, Ørsted, Sainsburys, Samsung Engineering, Sony, Unilever, & Walmart

Ethical Corporation Magazine | Microsoft, Nestlé and BlackRock put climate action centre stage at Davos