Starbucks, Unilever and Danone are to work with six other global non-food companies on a new initiative to help businesses achieve net zero emissions.
The “Transform to net zero” project also involves the likes of Mercedes, Microsoft and Nike. The group will look at everything from how to achieve emissions reductions in line with a “1.5 °C world”, to improved disclosure on progress towards targets. It will also lobby for government policies that accelerate progress towards net zero.
“The business world of the future cannot look like it does now; in addition to decarbonisation, a full system transformation is needed,” said Unilever CEO Alan Jope. “We will open-source best practices, advocate for positive government policies, and support a just transition,” added Starbucks president and chief executive officer Kevin Johnson.
Any outputs will be widely available, with work completed by 2025. “Let's share best practices and build new systems to create the evidence-based solutions that will help us drive the change and keep global warming under 1.5°C,” explained Danone chairman and CEO Emmanuel Faber.
Danone’s shareholders recently voted for the business to adopt the “enterprise à mission” model. The new legal status will require it to not only generate profit for its shareholders but in a way that will benefit both its customers’ health and the planet, reported the FT.