Nordic CEOs’ view of raised climate ambitions in the Nordic countries

An interview study among leading businesses in the Nordics on raised climate ambitions, shows that Nordic business leaders are concerned about climate change and its consequences and have expressed the need to ramp up climate actions. All of the CEOs regarded climate change as a threat. Nordic companies can play a key role delivering climate solutions worldwide and help their customers and countries to align with the 1.5°C target. 

The most needed instruments for a faster climate transition, reflected by the companies are: 

  • Carbon pricing through taxes or emission trading schemes 
  • Higher climate requirements in public procurement 
  • Binding and transparent methodology on companies’ climate reporting 
  • Phasing out fossil fuel subsidies or prohibiting fossil fuels 

The report is performed by the business networks Haga Initiative, CLC and Skift financed by Nordic Council of Ministers. 

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Time to step up - Aligning EU policy with Paris Agreement

The European Green Deal, and the Paris Agreement’s 1.5-degree target, will have a significant influence on EU policy. Both will predominantly have impacts on the Green Deal regulations. Regarding this revision of policies, the Haga Initiative want to ensure that they align with the 1.5-degree ambition. This report covers the sectors of transport, trade, energy, food and forestry as well as the overall climate targets of the Union.

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15 suggestions for EU ETS aligned with the 1.5 degree target

With today’s regulations, the EU ETS will reach zero in 2058. This is not enough. The Paris Agreement aims to make the world climate neutral by 2050, and according to the European Climate Law, EU member states should be climate neutral by 2050. The UN Climate Panel (IPCC) states in its special report Global Warming of 1.5⁰C that emissions need to reach zero significantly earlier than 2050. Since its inception in 2005, the EU ETS has been amplified several times, last time in 2018. The Swedish proposal cancels in the order of 3 billion tonnes of allowances in the market stability reserve, which corresponds to 50 times Sweden’s annual emissions. In order for the EU ETS to continue to deliver and be the tool that enables the EU to reach the 1.5-degree target  in the Paris Agreement, the Haga Initiative presents its position paper.

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Climate efforts profitable!

The Haga Initiative report about profitibility No 3 is based on a survey conducted by Demoskop among more than 200 Swedish companies in spring 2019. The survey shows that companies see an increasingly clear connection between climate work and profitability. But that's not all that goes in the right direction. We see that:
- Many companies see that they are benefiting from climate work
- Many companies see that climate work is positive for funding
- Many companies see costs with climate work

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Business climate efforts and their importance for competitiveness and development – Perspectives from Poland and the Baltics

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Nordic businesses on climate transition, competitiveness and growth – An interview study among leading businesses in the Nordics

The Nordic business community urges policy-makers to formulate more ambitious climate policies together with businesses and civil society. This way, we can reach a fossil free society faster, catalyze global climate action and at the same time improve competitiveness of the Nordic Region. This is the message conveyed by CEOs and other executives of some of the most significant Nordic companies in a new report which five Nordic climate networks will hand over to the ministers of climate and environment from the Nordic countries tomorrow

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Climate Action Profitable: executive summary

Climate Action Profitable is a report from the Haga Initiative. It is based on a survey where approximately 300 Swedish companies shared their views on climate action and profitability. We asked how each company's profitability was affected by the company's climate change agenda.

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Business tackling climate change - when is it not profitable?

The report highlights the main challenges to reach the goal of emissions close to zero by 2030. Furthermore, the report shows the need of policy that focuses on investments and the cost-efficient instruments needed to clear the identified obstacles.

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A winning policy for the climate and for business

The Haga Initiative suggests that climate policy is directed towards emissions close to zero in Sweden by 2030. Research clearly shows that greenhouse gases have to be reduced significantly in the near future. The exact meaning of this objective needs to be clarified. The same ambition should apply to the majority of the EU member countries. For the whole EU the same objective should apply no later than the year 2040. We are convinced that the measures proposed in this report and strong political decisions focusing on competitiveness would lead us towards emissions close to zero in 2030, and in addition strengthen the business community in Sweden.

In March 2015 the Haga Initiative launched the report A winning policy for the climate and for business. This is an English summary of the report.

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Corporate climate engagement – profitable?

Our ambition with the report ”Corporate climate engagement – profitable?” is to present the opportunities that come from ambitious corporate climate engagement. The report is a literature study that seeks real-life examples of when corporate climate engagement is profitable. Examples from international companies as well as from the Swedish companies in the Haga Initiative are presented. The report’s target audience is decision makers within business and politics.

The report is written in Swedish but includes an English summary.

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