The 3% Solution: Driving profits through carbon reduction in a 400 ppm world



June 18, 2013
1:00 pm EST

Carter Roberts
Carter Roberts
President and CEO
World Wildlife Fund

Paul Simpson
Paul Simpson
Co-Founder and CEO
CDP

Steven Swartz
Steven Swartz
Partner
McKinsey & Co.

Joel Makower, Executive Editor, GreenBiz Group
Joel Makower
Executive Editor
GreenBiz Group

The Dow surpassed 15,000 at the same time the atmosphere surpassed 400 parts per million (ppm) of carbon. Both are watershed moments — one heralding the resilience of business to rebound during challenging times, the other the failure of business and society to steer the economy in a sustainable direction.

A landmark study by CDP and World Wildlife Fund (WWF) demonstrates how U.S. businesses can collectively act now to reduce emissions by 3% annually and capture cost-savings up to $190 billion in 2020 alone while putting us on a pathway to curbing climate change. It shows that companies can both drive profits and tackle climate change — but only if they act now.

In this one-hour webcast, timed to the release of this study, the CEOs of WWF and CDP will be joined by Steven Swartz, partner at McKinsey & Company, to provide background on this groundbreaking analysis which lays out a path forward that is both profitable and aggressive enough to protect the climate.

You’ll learn about:

• The capital expenditure on low-risk carbon reduction projects that would be necessary to capture savings up to $190 billion in 2020 alone.

• The Carbon Productivity Portfolio – a new strategic framework to maximize carbon reduction potential while creating business value.

• The three biggest reasons U.S. companies leave profitable opportunities on the table – and how each can be overcome.

• Real-world examples of companies reaping financial rewards by setting and achieving ambitious carbon reduction targets.

• An innovative Carbon Target and Profit Calculator, released with the report, to help individual companies set 2020 corporate carbon reduction targets and identify potential cost-savings from those carbon reductions.

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