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Sustainability and climate action - ICC - International Chamber of Commerce

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href="https://iccwbo.org/">Home</a></span> » <span><a href="https://iccwbo.org/global-insights/">Global insights</a></span> » <span class="breadcrumb_last" aria-current="page">Sustainability and climate action</span></span></div> </div> </div> <main id="content" role="main" tabindex="-1" aria-label="Main content"> <header class="hero hero--hub"> <div class="container"> <div class="hero__media"> <div class="placeholder-media with-focus-letter"> <noscript> <!-- data-location="hero" --> <img src="https://iccwbo.org/wp-content/uploads/sites/3/2023/03/icc-global-insights-ecology-responsibilities.jpg?w=1800&h=814&crop=1" class="lazyload " alt="" /> </noscript> <picture> <source data-srcset="https://iccwbo.org/wp-content/uploads/sites/3/2023/03/icc-global-insights-ecology-responsibilities.jpg?w=312&h=170&crop=1, https://iccwbo.org/wp-content/uploads/sites/3/2023/03/icc-global-insights-ecology-responsibilities.jpg?w=614&h=340&crop=1 2x" media="(max-width: 640px)" 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d="M35.3,20c0,0-11.5,3.7-11.5,14.1s11.5,13.6,11.5,13.6"/> </svg> </div> <h1 class="hero__title">Sustainability and climate action</h1> <div class="hero__columns"> <div> <p class="is-style-huge">At ICC, we work every day to advance sustainability, to accelerate action on climate and nature and ensure a sustainable and prosperous future for all. We do this in line with United Nations Sustainable Development Goals, objectives of the Paris Climate Agreement and the Kunming-Montreal Global Biodiversity Framework.</p> </div> <div> <ul class="list list--arrow-links"> <li><a href="https://iccwbo.org/global-insights/sustainability-and-climate-action/climate-change-policy/">Global Climate Policy</a></li><li><a href="https://iccwbo.org/global-insights/sustainability-and-climate-action/environment/">Environment</a></li> </ul> </div> </div> </div> </header> <div class="blocks-container"> <p>The UN Sustainable Development Goals, as well as UN climate and biodiversity agreements have created enormous opportunities for businesses willing to put sustainability at the heart of their operations. Putting sustainability first not only enables business to drive the transition to a better and more just world, it makes plain business sense.&nbsp;</p> <p>According to recent studies, sustainable business models could open economic opportunities worth at least US$12 trillion—creating up to 380 million jobs per year until 2030. But research has also shown that many companies, particularly small- and medium-sized enterprises, face challenges to integrate sustainability considerations into their operations and core business practices.&nbsp;</p> <p>While many businesses are already playing a leading role in promoting sustainable development, there is still some way to go in fully engaging the global business community in the 2030 challenge.&nbsp;</p> <p>Delivering fully on the promise of a more sustainable and prosperous future for all requires the right policies and incentives, effective tools and, most importantly a collaborative effort to enable the transformation of business practices towards sustainability more broadly—including within the small business sector.&nbsp;</p> <p>ICC continues to play a key role in contributing to international policymaking and leading international debate on the development of coherent policy frameworks, solutions and tools that enable and scale enhanced ambition and action and facilitate the transition to a sustainable, net-zero emissions and nature positive economy. This also includes helping to build an understanding within the SME community of the long-term commercial benefits of sustainable business practices.&nbsp;</p> <div class="wp-block-group wp-block-group--page-presentation-half wp-block-group--no-inner-margin wp-block-group--page-presentation-half--dark"><div class="wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow"> <div class="wp-block-cover has-custom-content-position is-position-bottom-left"><span aria-hidden="true" class="wp-block-cover__background has-background-dim-0 has-background-dim"></span><img fetchpriority="high" decoding="async" width="1215" height="345" class="wp-block-cover__image-background wp-image-34525" alt="ICC sustainability" src="https://iccwbo.org/wp-content/uploads/sites/3/2016/11/ICC-Sustainability.jpg" data-object-fit="cover" srcset="https://iccwbo.org/wp-content/uploads/sites/3/2016/11/ICC-Sustainability.jpg 1215w, https://iccwbo.org/wp-content/uploads/sites/3/2016/11/ICC-Sustainability.jpg?resize=300,85 300w, https://iccwbo.org/wp-content/uploads/sites/3/2016/11/ICC-Sustainability.jpg?resize=768,218 768w, https://iccwbo.org/wp-content/uploads/sites/3/2016/11/ICC-Sustainability.jpg?resize=1024,291 1024w, https://iccwbo.org/wp-content/uploads/sites/3/2016/11/ICC-Sustainability.jpg?resize=110,31 110w, https://iccwbo.org/wp-content/uploads/sites/3/2016/11/ICC-Sustainability.jpg?resize=220,62 220w" sizes="(max-width: 1215px) 100vw, 1215px" /><div class="wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow"> <h1 class="wp-block-heading wp-block-cover__title has-h-3-font-size"><strong>ICC Principles for Sustainable Trade Finance: Wave </strong>3 </h1> <p>Published on the margins of COP29 in 2024, the principles provide a frame to assess the environmental sustainability of a transaction, and how it supports socio-economically sustainable development. The principles are designed to support business in meeting the Paris Agreement objective of limiting global warming to 1.5°C above pre-industrial levels, and the UN Sustainable Development Goals. </p> <div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex"> <div class="wp-block-button is-style-fill-reverse"><a class="wp-block-button__link wp-element-button" href="https://iccwbo.org/news-publications/policies-reports/icc-principles-for-sustainable-trade/" target="_blank" rel="noreferrer noopener">Read the report</a></div> </div> </div></div> </div></div> <div class="wp-block-columns alignwide wp-block-columns--full-with-mobile is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex"> <div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow"> <div class="wp-block-group wp-block-group--page-presentation-half wp-block-group--no-inner-margin"><div class="wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow"> <div class="wp-block-cover has-custom-content-position is-position-bottom-left"><span aria-hidden="true" class="wp-block-cover__background has-background-dim-0 has-background-dim"></span><img decoding="async" width="2120" height="864" class="wp-block-cover__image-background wp-image-461847" alt="" src="https://iccwbo.org/wp-content/uploads/sites/3/2022/11/carbon-pricing-cop27.jpg" data-object-fit="cover" srcset="https://iccwbo.org/wp-content/uploads/sites/3/2022/11/carbon-pricing-cop27.jpg 2120w, https://iccwbo.org/wp-content/uploads/sites/3/2022/11/carbon-pricing-cop27.jpg?resize=300,122 300w, https://iccwbo.org/wp-content/uploads/sites/3/2022/11/carbon-pricing-cop27.jpg?resize=768,313 768w, https://iccwbo.org/wp-content/uploads/sites/3/2022/11/carbon-pricing-cop27.jpg?resize=1024,417 1024w, https://iccwbo.org/wp-content/uploads/sites/3/2022/11/carbon-pricing-cop27.jpg?resize=1536,626 1536w, https://iccwbo.org/wp-content/uploads/sites/3/2022/11/carbon-pricing-cop27.jpg?resize=2048,835 2048w, https://iccwbo.org/wp-content/uploads/sites/3/2022/11/carbon-pricing-cop27.jpg?resize=110,45 110w, https://iccwbo.org/wp-content/uploads/sites/3/2022/11/carbon-pricing-cop27.jpg?resize=220,90 220w" sizes="(max-width: 2120px) 100vw, 2120px" /><div class="wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow"> <h2 class="wp-block-heading wp-block-cover__title has-dark-color has-text-color has-h-3-font-size">Critical Design Features for Effective Carbon Pricing – A Business Perspective&nbsp;</h2> <p class="has-dark-color has-text-color">An ICC report that provides a roadmap for policymakers looking to implement or improve carbon pricing mechanisms to reduce carbon emissions.&nbsp;</p> <div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex"> <div class="wp-block-button is-style-fill"><a class="wp-block-button__link wp-element-button" href="https://iccwbo.org/news-publications/policies-reports/critical-design-features-for-effective-carbon-pricing-a-business-perspective/">Read the report</a></div> </div> </div></div> </div></div> </div> <div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow"> <div class="wp-block-group wp-block-group--page-presentation-half wp-block-group--no-inner-margin wp-block-group--page-presentation-half--dark"><div class="wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow"> <div class="wp-block-cover is-light has-custom-content-position is-position-bottom-left"><span aria-hidden="true" class="wp-block-cover__background has-background-dim-0 has-background-dim"></span><img loading="lazy" decoding="async" width="1920" height="1104" class="wp-block-cover__image-background wp-image-476757" alt="" src="https://iccwbo.org/wp-content/uploads/sites/3/2023/02/icc-plastic-pollution-ending-e1675358027454.jpg" data-object-fit="cover" srcset="https://iccwbo.org/wp-content/uploads/sites/3/2023/02/icc-plastic-pollution-ending-e1675358027454.jpg 1920w, https://iccwbo.org/wp-content/uploads/sites/3/2023/02/icc-plastic-pollution-ending-e1675358027454.jpg?resize=300,173 300w, https://iccwbo.org/wp-content/uploads/sites/3/2023/02/icc-plastic-pollution-ending-e1675358027454.jpg?resize=768,442 768w, https://iccwbo.org/wp-content/uploads/sites/3/2023/02/icc-plastic-pollution-ending-e1675358027454.jpg?resize=1024,589 1024w, https://iccwbo.org/wp-content/uploads/sites/3/2023/02/icc-plastic-pollution-ending-e1675358027454.jpg?resize=1536,883 1536w, https://iccwbo.org/wp-content/uploads/sites/3/2023/02/icc-plastic-pollution-ending-e1675358027454.jpg?resize=110,63 110w, https://iccwbo.org/wp-content/uploads/sites/3/2023/02/icc-plastic-pollution-ending-e1675358027454.jpg?resize=220,127 220w" sizes="(max-width: 1920px) 100vw, 1920px" /><div class="wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow"> <h2 class="wp-block-heading wp-block-cover__title has-h-3-font-size">Preliminary business recommendations for an ambitious UN instrument to end plastic pollution&nbsp;</h2> <p>ICC’s business recommendations for the development of an ambitious, effective and workable legally binding instrument (LBI) to end plastic pollution by 2024.&nbsp;</p> <div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex"> <div class="wp-block-button is-style-fill-reverse"><a class="wp-block-button__link wp-element-button" href="https://iccwbo.org/news-publications/policies-reports/preliminary-business-recommendations-for-an-ambitious-un-instrument-to-end-plastic-pollution/">Read the report</a></div> </div> </div></div> </div></div> </div> </div> <div class="wp-block-group alignwide wp-block-group--related-news wp-block-group--no-inner-margin"><div class="wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow"> <h2 class="wp-block-heading has-h-3-font-size">Related news 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