Investment for development
Transition to a Low-carbon Economy: Public Goals and Corporate Practices
Date of publication
25 November 2010
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OECD Guidelines for Multinational Enterprise
Investment for green growth
OECD work on green growth
Overview of the publication (pdf)
Companies are increasingly aware of the need to address climate change. However, while many companies are taking action to address climate change, many others are still lagging behind. This report surveys responsible business practices addressing climate change and driving the shift to a low-carbon economy. It summarises policies, regulations and other instruments in support of alow-carbon economy in OECD countries and emerging economies, and analyses corporate responses to these drivers.
Using the principles of responsible business conduct identified in the OECD Guidelines for Multinational Enterprises, this report reviews three key areas of corporate action:
- accounting for greenhouse gas emissions
- achieving emissions reductions
- engaging suppliers, consumers and other stakeholders
What actions has your company taken to
reduce GHG emissions related to its operations?
The OECD Survey on business practices to reduce GHG emissions was carried out between March and June 2010. In total, 63 companies from 16 countries responded, covering a broad range of sectors (energy, mining, industry, food, pharmaceutical, financial services). The survey aimed to fill information gaps, highlight the difficulties met by companies in dealing with emissions reduction and reflect companies’ expectations on government measures that would support business practices.