Companies are increasingly aware of the need to address climate change. However, while many companies are taking action to address climate change, many others are still lagging behind. This report surveys responsible business practices addressing climate change and driving the shift to a low-carbon economy. It summarises policies, regulations and other instruments in support of a low carbon economy in OECD countries and emerging economies, and analyses corporate responses to these drivers. Using the principles of responsible business conduct identified in the OECD Guidelines for Multinational Enterprises, this report reviews three key areas of corporate action: accounting for greenhouse gas emissions; achieving emissions reductions; and engaging suppliers, consumers and other stakeholders.
Table of contents:
Preface by Angel Gurría, OECD Secretary-General Glossary and Acronyms Executive Summary Introduction – Business and Climate Change: the Broad Picture Chapter 1.Accounting for Corporate Emissions -1.1. Trends in corporate accounting and reporting of GHG information -1.2. Emerging practices and standards -1.3. Challenges Chapter 2.Achieving Emissions Reductions -2.1. Companies’ motivations to reduce GHG emissions -2.2. Establishing GHG emission reduction plans -2.3. Putting GHG emission reduction at the core of business organisation Chapter 3.Reaching Out -3.1. Managing emissions throughout the supply chain -3.2. Engaging consumers -3.3. Contributing to the development and implementation of climatechange policies -3.4. Sharing the benefits of innovation and contributing to technology transfer Annex A1. OECD Survey on Business Practices to Reduce Emissions Annex A2.OECD Guidelines for Multinational Enterprises and Climate Change Bibliography