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Business Ambition for 1.5°C: Our Only Future

Business Ambition for 1.5 °C: Our Only Future is a communications and advocacy campaign calling for businesses to step up and do their part in limiting global temperature rise to 1.5°C tin response to the global climate crisis, and in the lead up to the upcoming UN Climate Action Summit. The call-to-action was announced by more than 25 business, civil society and UN leaders in June 2019, and it calls on companies to commit to setting verifiable science-based targets at 1.5°C and achieve net-zero emissions economy by 2050.

Expected impact

Since the launch of the Business Ambition for 1.5°C — Our Only Future campaign, the number of companies committing to align their science-based emission reduction targets with a 1.5°C trajectory is increasing rapidly, with more than 75 Chief Executive Officers committing to the 1.5°C pledge as of 2019. The companies represent 26 countries with 2.10 million employees, as well as a wide range of 22 sectors, such as telecommunications (16%), chemicals (9%), construction & materials (9%), pharmaceuticals & biotechnology (7%), financial services (7%) and electronic & electrical equipment (7%).

The campaign will continue to run after the UN Climate Action Summit 2019 for more companies to sign up and build momentum on corporate climate action, sending an important market signal to create tipping points for industries to align with a net-zero future to limit global warming to 1.5 °C .

Building a prosperous, net-zero carbon economy by 2050 will require transformational change across the economy. A growing body of analysis and evidence makes it clear that such a transition is achievable but only with decisive business leadership supported by ambitious government policies. Businesses joining the campaign are playing a key role in this transition through decarbonizing their own operations and articulating the targets and policies they need or want to see from Governments to help accelerate this transition. Governments can use this opportunity to make clear their economic development pathways and plans to enable companies to invest decisively in a net-zero future. Through this positive ambition loop, private and public partners can drive more meaningful and ambitious climate action.



Goal 1
Goal 2
Goal 3
Goal 4
Goal 5
Goal 6
Goal 7
Goal 8
Goal 9
Goal 10
Goal 11
Goal 12
Goal 13
13.2 - Integrate climate change measures into national policies, strategies and planning
13.3 - Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning
13.b - Promote mechanisms for raising capacity for effective climate change-related planning and management in least developed countries and small island developing States, including focusing on women, youth and local and marginalized communities

* Acknowledging that the United Nations Framework Convention on Climate Change is the primary international,
intergovernmental forum for negotiating the global response to climate change.
Goal 14
Goal 15
Goal 16
Goal 17
Systemic Issues - Policy and Institutional coherence
17.14 - Enhance policy coherence for sustainable development
17.15 - Respect each country’s policy space and leadership to establish and implement policies for poverty eradication and sustainable development

Multi-stakeholder partnerships
17.16 - Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources, to support the achievement of the sustainable development goals in all countries, in particular developing countries
17.17 - Encourage and promote effective public, public-private and civil society partnerships, building on the experience and resourcing strategies of partnerships

Data, monitoring and accountability
Staff / Technical expertise
Through the Science Based Targets initiative
Basic information
Start: 13 June, 2019
Completion: 31 December, 2020
United Nations Global Compact (United Nations / Multilateral body)
UN Special Envoy for the 2019 Climate Action Summit, President of the 73rd Session of the General Assembly, UNFCCC, UN Environment Programme, UN Secretary-General’s Envoy on Youth, UN Department of Economic and Social Affairs, UN Development Programme, CDP, World Resources Institute, World Wide Fund for Nature, We Mean Business, Business for Social Responsibility, CDP, Ceres, COP (Climate Champion through the Marrakech Partnership), Global Citizen, Global Optimism, Imagine, International Chamber of Commerce, Mahindra Group, Mission 2020, Principles for Responsible Investment, The B Team, The Climate Group and United Nations Foundation.
Initiative focused on COVID-19 pandemic response, prevention and recovery efforts
Not specified
Geographical coverage
Beneficiary countries
Other beneficiaries
Contact information
Matthew Hunter, Campaign Manager, hunter@unglobalcompact.org,
New York, United States of America
United Nations