Companies Moving To Implement Large-Scale Low-Carbon Technology Projects

The World Business Council for Sustainable Development (WBCSD) announce the release of LCTPi2016: From Ambition to Implementation Report, as COP22 opens in Morocco today.

The new report shares first year progress and results from the Low Carbon Technology Partnerships initiative (LCTPi), the ground-breaking business-led program to bring scaled-up solutions to meet the climate challenge.

The initiative was welcomed last year at COP21 as CEOs publicly expressed support for a set of LCTPi ambitions and mobilized their companies to implement the LCTPi action plans. 2016 has been the year to start making good on the promises made.

96 companies have now made 103 public endorsements of LCTPi and are moving to implementation. Nearly 80 partners are working with companies across the eight active LCTPi working groups.

LCTPi is an essential driver for collaborative initiatives and since the start of LCTPi, 165 companies have been part of the program. Over 1,500 business representatives and policy makers have contributed to shaping the solutions in international dialogues conducted in key emerging markets over 2015 and 2016.

The report includes results from each of the eight active LCTPi working groups on cement, chemicals, climate smart agriculture, energy efficiency in buildings, forests and forest products as carbon sinks, low carbon freight, renewables and sustainable transport fuels.

The above-mentioned LCTPi methodology is applied by the eight active working groups and consists in the following steps:

• quantifying the emissions reduction potential for the sector which sets the working group’s ambition;
• assessment of the barriers to achieve that ambition and identification of solutions to overcome those barriers;
• development of action plans against which groups will focus their efforts;
• setting a monitoring framework with annual and longer term performance indicators; and
• preparing an annual progress report that includes outcomes and deliverables.

LCTPi companies are large and influential. The combined revenue of companies engaged in 2016 exceeds US$ 2.25 trillion and 43 LCTPi companies are listed in the Forbes Global 2,000 list. LCTPi is truly global in its reach.

LCTPi companies have operations in over 200 countries and territories around the world.

National and regional engagement is increasing across the LCTPi working groups, for example, three new energy efficiency in buildings platforms were launched in Jakarta, Shanghai and Jaipur and the climate smart agricultureworking group will shortly roll out programs across north America, Brazil, India, Ghana and the ASEAN region.

The LCTPi 2016: Ambition to Implementation report is available here.

96 companies publicly engaged in LCTPi (as of November 2016):

ABB, Acciona S.A., Akzo Nobel N.V., Ambuja Cement, APRIL Group, ARCADIS, ArcelorMittal S.A., Audi, BT, Bunge, Carbon Recycling International, Cementos Argos, CEMEX, China National Building Material Group, China Resources Cement, CLP Power Hong Kong Limited, Companhia Geral de Cal e Cimento S.A., Copersucar, CPFL Energia, CRH plc, Dalmia Cement (Bharat) Limited, Diageo plc., DNV GL, DSM N.V., Dunar Food, DuPont, EDF, EDP, Enel, Eskom, Evonik Industries AG, EY LLP, Fibria, First Solar, Forestal Mininco S.A. (CMPC Forestal), Friesland Campina, Granbio, Grupo Cementos de Chihuahua, S.A.B. de C.V. (GCC), HeidelbergCement AG, Iberdrola, Infosys Limited, InterCement, Italcementi Group, ITC, Jain Irrigation, Joule Unlimited, Kellogg Company, LafargeHolcim, LanzaTech, Leveraged Green Energy, Metsä Group, Michelin, Mitsubishi Chemical Holdings Corporation, Monsanto Company, Nestlé S.A., Norton Rose Fulbright LLP, Novozymes A/S, NRG Energy, Olam International Ltd., Old Mutual, PepsiCo, Inc., POET, LLC, PwC, Red Rock Biofuels, Route Monkey, SAB Miller, Scania, SCG Cement, Schneider Electric, SGS S.A., Shree Cement Limited, Siemens AG, Skanska AB, SkyNRG, Solvay S.A., Starbucks Coffee Company, State Grid Corporation of China, Stora Enso, Suzano, Syngenta International AG, Tata Group, The Coca-Cola Company, The Navigator Company, Titan Cement Group, Total, Tyson Foods, UltraTech Cement Limited, Unilever, United Technologies, UPL, UPM, UPS, Votorantim Cimentos, West China Cement Limited, Yara International ASA, Yes Bank

Quotes from participating member companies and partners

“The transition to a low-carbon economy is unstoppable, and with the Paris Agreement now in force, national governments can and should look to business for solutions that will help achieve their national determined contributions. Through LCTPi, business is delivering the latest innovations, technology and ready solutions. This sends a strong signal of support to governments and policymakers, as they look to implement their ambitions and head towards the first review process in 2018.” – Peter Bakker, CEO and President, WBCSD

below50:

“No more significant organization, in potential, has appeared on the horizon in the history of renewable fuels — owing to its global reach, low-carbon focus, and the reputation of the players involved. We’ll be fascinated to see how [below50] turns ambition to practical action over the coming months” Biofuels Digest, June 2016

Cement:

“CNBM supports LCTPi and will effectively promote the technology communication and cooperation in the cement industry. Following the suggested action plans, our Company will accelerate technical innovations and optimize solutions in key fields. It is important to accomplish low-carbon development from materials to production and application, to explore the way of harmonizing the industry with nature.” – Zhiping Song, Chairman, China National Building Materials (CNBM) Group

“Combining strong focus and stakeholders drive enables low carbon technology initiatives to be successfully implemented. It is simply not possible to achieve long-term sustainable growth without taking consistent measures to promote sustainable economy. This is a global matter and involves the development of technologies across all value chain drivers of the industry.” – Walter Dissinger, Global CEO of Votorantim Cimentos

Low-Carbon Freight:

“With a recent International Transport Forum study projecting that freight volumes could quadruple by 2050, the LCTPi Low-Carbon Freight initiative is an important catalyst to spearhead solutions to help manage and mitigate transport sector emissions. UPS is glad to collaborate, innovate and share our learnings.” – Alan Gershenhorn, Executive Vice President and Chief Commercial Officer for UPS.

Chemicals:

“As an ‘industry of industries’, the chemical sector is a key enabler to the low-carbon future. We engage with our partners within the industry and along the value chain on low-carbon, sustainable solutions. A common framework for product portfolio sustainability assessment will steer others across the industry and along value chains towards more low carbon solutions. The technology roadmaps on breakthrough technologies and on the synergies of CCU with other energy-intensive industries are also critical for the chemical industry to understand where we will invest in new technologies in the future. Together, initiatives such as these have the potential to stimulate action towards achieving the Paris Accord and I encourage others to join us on this journey.” – Jean-Pierre Clamadieu, CEO, Solvay