We know that the most ambitious actions of a few companies, or even a few hundred, are no longer enough to avert the most catastrophic impacts of the climate crisis. Through the Ceres Ambition 2030 initiative, we shift the focus from company action to sector-wide progress, starting with six of the highest-polluting sectors: electric power, oil and gas, steel, food, banking, and transportation. Â
Our goal is to decarbonize these priority sectors and build a stable, just, and climate-resilient economy.Â
We leverage the power of investor engagement, education, and advocacy to move the biggest emitters to achieve their corporate climate goals, create robust transition action plans, and provide disclosure about how they are achieving interim targets by 2030. Â
Here’s how it works: When the top players in a sector make strong climate commitments that are time-bound and science-based, peer companies are pulled along through a competitive cascade powered by investor, employee, and consumer expectations. As companies follow through on commitments emphasizing indirect Scope 3 emissions, their climate action will impact suppliers and purchasers, propelling change throughout their supply and value chains.Â