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The 3% Solution: Driving Profits Through Carbon Reductions

The 3% Solution: Driving Profits Through Carbon Reductions

Full Title:  The 3% Solution: Driving Profits Through Carbon Reductions
Author(s):  Zoe Tcholak-Antitch, Tom Carnac, Colin Harris, Bryn Baker, Matt Banks, Rhys Gerholdt, Sara Gilbertson, Lou Leonard, Daphne Patterson, Aaron Sobel, Brad Schallert, and Marty Spitzer
Publisher(s): World Wildlife Fund, CDP
Publication Date: June 1, 2013
Full Text: Download Resource
Description (excerpt):

 

Many of the world’s leading companies have made major strides in addressing climate change over the last decade. By establishing climate targets, they pushed themselves to look harder at energy waste and found money lying on their factory floors. These success stories have been celebrated, but far more needs to be done to avoid the dangerous and irreversible risks to society and businesses from climate change as global temperatures continue to rise.

A new report from WWF and CDP—The 3% Solution: Driving Profits Through Carbon Reductions—helps U.S. businesses chart a new path forward. This path is tremendously profitable, practical and helps curb climate change.

The report identifies novel approaches for the private sector to realize cost-savings up to $190 billion in 2020. These savings are achieved by boosting energy-efficiency measures and transitioning to low-carbon energy sources. In the process, the US corporate sector will cut carbon emissions by 3% annually and achieve the 2020 carbon reductions scientists say are needed. Written and researched with CFOs in mind, The 3% Solution is the answer that businesses and sustainability stakeholders have been searching for.

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