Contact

If you’d like more information on the We Mean Business coalition’s policy work, please contact Jen Austin

If you’d like more information on making a We Mean Business coalition commitment, please contact Jennifer Gerholdt

Pharma & Chemicals

Explore by

Industry Country
Pharma & Chemicals includes all companies in the biotech sector as well as producers of fertilisers and inorganic and organic chemicals.

Policies

Policy

Country

Take Action

  • Policy

    Implementation of Renewable Energy Auctions which provides for new renewable capacity to be constructed

    (Decree 5163 of 2004 and Decree 6048 of 2007)

    Country

    Brazil

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2024, increase the share of renewables to 27% from 16% in 2015, including the following:

    • expand wind power capacity to 24GW which is equivalent to 11.6% of total installed power capacity.
    • expand solar power capacity to 7GW which is equivalent to 3.3% of total installed power capacity.
    Ten-Year Energy Expansion Plan 2024

    Country

    Brazil

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2030, achieve 10% reduction in electricity consumption.

    National Policy on Energy Efficiency

    Country

    Brazil

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    A 2020 aim for a 5% reduction of emissions and energy use in the industrial sector.

    Low-carbon Emission Economy in the Manufacturing Industry Plan

    Country

    Brazil

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    The Energy Development Fund was established in 2002 to finance renewable energy among others and promote renewable energy.

    Law 10438 of 2002

    Country

    Brazil

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    The Brazilian National Development Bank has established the Amazon Fund, which raises funds to finance projects which address deforestation, as well as generate emission reductions.

    Amazon Fund

    Country

    Brazil

    Take Action

    • icon

      Join the LCTPi

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2024, expand hydro generation to 117GW which equates to 56.7% of total installed power capacity.

    Ten-Year Energy Expansion Plan 2024

    Country

    Brazil

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    The Brazilian government has announced that by 2030, it will restore 12 million hectares of deforested and degraded forest land.

    Pledges under the Bonn Challenge

    Country

    Brazil

    Take Action

    • icon

      Join the LCTPi

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2030, reduce illegal deforestation to zero.

    National Plan on Climate Change (executive summary)

    Country

    Brazil

    Take Action

    • icon

      Join the LCTPi

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2030, achieve 45% renewable energy including expanding non-hydro renewable energy sources between 28-33%.

    Country

    Brazil

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2025, 37% reduction of economy wide GHG emissions below 2005 levels.

    Country

    Brazil

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    Brazil continues to be an active participant to implement mitigation actions under REDD+.

    The National REDD+ Strategy

    Country

    Brazil

    Take Action

    • icon

      Join the LCTPi

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    An indicative 2030 target of a 43% reduction of economy wide GHG emissions below 2005 levels.

    Country

    Brazil

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2020, 15% of total primary energy consumption to come from non-renewable sources, including increasing installed renewable capacity to 680GW.

    13th Renewable Energy Development Five Year Plan

    Country

    China

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    Aim to turn 1 million hectares of marginal cropland into forest or grassland and increase forest coverage to 23.04% by 2020.

    13th Five Year Plan (LSE summary)

    Country

    China

    Take Action

    • icon

      Join the LCTPi

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2020, cap annual primary energy consumption at 4.8 billion tons of standard coal equivalent.

    Strategic Action Plan for Energy Development (2014-2020)

    Country

    China

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2050, more than 50% of primary energy consumption to come from non-fossil energy.

    China’s Energy Supply and Consumption Revolution Strategy 2016-2030

    Country

    China

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2020, coal power plants over 600MW required to achieve 300g of coal equivalent/kWh

    Strategic Action Plan for Energy Development (2014-2020)

    Country

    China

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2020, 15% reduction in energy consumption per unit of GDP compared to 2015 levels.

    13th Five Year Plan (LSE summary)

    Country

    China

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2030, new energy demand to be met mostly by clean energy.

    China’s Energy Supply and Consumption Revolution Strategy 2016-2030

    Country

    China

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2030, at least 20% of total primary energy consumption to come from non-renewable sources.

    China’s Energy Supply and Consumption Revolution Strategy 2016-2030

    Country

    China

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2020, install the following:

    • 380GW of hydropower;
    • 205GW of onshore wind;
    • 5GW offshore wind;
    • 110GW of Solar PV (60GW of which is distributed solar);
    • 5 GW of CSP/STE;
    • 15GW of Bioenergy; and
    • 530MW of Geothermal.
    China 13th Electricity Development Five Year Plan

    Country

    China

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    Planned national emissions trading scheme which covers sectors including power, petrochemicals, chemicals, iron and steel, non-ferrous metals, building production and materials, pulp and paper, and aviation.

    Country

    China

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2020, 18% economy wide reduction of carbon emissions per unit of GDP below 2015 levels. (13th Five Year Plan (LSE summary) and (China’s Energy Supply and Consumption Revolution Strategy 2016-2030))

    Country

    China

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2030, 60-65% economy wide reduction of carbon emissions per unit of GDP below 2005 levels.

    China’s Energy Supply and Consumption Revolution Strategy 2016-2030

    Country

    China

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    Around 2030 or earlier, for economy wide CO2 emissions to peak.

    China’s Energy Supply and Consumption Revolution Strategy 2016-2030

    Country

    China

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    Until 2020,allowances for the aviation sector of 210,465,788 allowances each year.

    EU Emissions Trading Scheme – aviation cap

    Country

    European Union

    Take Action

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    Proposed by the European Commission that from 2021, lower the emission cap by 2.2% per year.

    EU Emissions Trading Scheme

    Country

    European Union

    Take Action

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    2013 cap for emissions from fixed installations is set at 2,084,301,856 allowances. Between 2013-2020, this cap decreases each year by 1.74%, amounting to a reduction of 38,264,246 allowances each year.

    EU Emissions Trading Scheme

    Country

    European Union

    Take Action

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2050, 80-95% reduction in GHG emissions compared to 1990 levels.

    EU Long Term Goals

    Country

    European Union

    Take Action

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2030, at least 40% reduction in GHG emissions compared to 1990 levels covering 100% of GHG eimissions, to be fulfilled jointly between EU countries.

    2030 Climate and Energy Framework

    Country

    European Union

    Take Action

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    Mandates renewable energy targets towards the total EU target for renewable energy for individual member states to achieve 2020 target.

    Renewable Energy Directive

    Country

    European Union

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2020, reduce GHG emissions by at least 20%.

    2020 Energy Strategy

    Country

    European Union

    Take Action

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2020, increase share of renewable energy in energy consumption to a minimum of 20%.

    (2020 Energy Strategy

    Country

    European Union

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2030, regulated cuts in F-gas emissions by two thirds compared to 2014 levels.

    HFC regulations from January 2015

    Country

    European Union

    Take Action

    • icon

      Reduce SLCPs

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

  • Policy

    By 2030, binding target of at least 27% renewable energy in the EU.

    2030 Framework for Climate Change and Energy Policy

    Country

    European Union

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    Proposed emissions reductions targets for member states in non-EU ETS sectors (including transport, buildings, agriculture and waste management).

    Effort Sharing Regulation for the Period 2021-2030

    Country

    European Union

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    20% of 2014-2020 EU budget is dedicated to climate mitigation and adaptation.

    European Commission Financial Framework

    Country

    European Union

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Improve water security

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    Proposed update in 2020 to the energy efficiency target that by 2030, there will be 30% savings.

    Update to the European Commission Energy Efficiency Directive

    Country

    European Union

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    Endorsed 2030 indicative energy savings target of 27% by 2030.

    2030 Framework for Climate Change and Energy Policy

    Country

    European Union

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2020, achieve energy savings of at least 20%.

    2020 Energy Strategy

    Country

    European Union

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    Long term goal to bring 33% of India’s geographic area under forest cover, and aim to increase forest cover by 5 million hectares. (Green India Mission)

    Country

    India

    Take Action

    • icon

      Join the LCTPi

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2022, increase renewable energy capacity up to 175GW.

    Country

    India

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2022, aims to increase installed capacity by the following amounts:

    • 60GW of wind
    • 100GW of solar
    • 10GW of biomass
    • 100GW of hydropower

    Country

    India

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2030, reduce emissions intensity of GDP by 33-35% below the 2005 level.

    Country

    India

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2018-2019, aim to save 10% on energy consumption. (National Smart Grid Mission)

    Country

    India

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2047, reduce HFCs by 85% below 2024-2026 levels.

    Country

    India

    Take Action

    • icon

      Reduce SLCPs

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

  • Policy

    Mandatory requirement on designated customers within energy-intensive sectors to meet certain requirements to meet certain energy savings. (Perform Achieve Trade and Energy Conservation Act)

    Country

    India

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2020, reduce emissions intensity of GDP by 20-25% below the 2005 level.

    India’s 12th Five Year Plan 2012-2017

    Country

    India

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    Subsidies for emissions reductions for implementation of new technologies. Emission reductions are based on an emissions reduction target set by entities, based on emissions from the most recent three years. Double counting of subsidies with J-credits and JCM is prohibited.

    Advanced Technologies Promotion Subsidy Scheme with Emission Reduction Targets

    Country

    Japan

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      RE100 - 100% renewable power

    • icon

      Science-based targets

  • Policy

    By the 2030 fiscal year, remove 37 million tonnes of CO2 through cropland management, grazing land management, and revegetation. This is equivalent to a 2.6% reduction based on the 2013 fiscal year. (Global Warming Countermeasure Promotion Act)

    Country

    Japan

    Take Action

    • icon

      Join the LCTPi

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By the 2030 fiscal year, for approximately 22-24% of power generation to come from renewable sources:

    • Solar – approximately 7%
    • Wind – approximately 1.7%
    • Geothermal – approximately 1-1.1%
    • Hydro power – approximately 8.8-9.2%
    • Biomass – approximately 3.7-4.6%

    Country

    Japan

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By fiscal year 2030, reduce fluorinated gases (including HFCs, PFCs, SF6 and NF3) by 25.1% compared to fiscal year 2013, equivalent to approximately 28.9 million t-CO2. (Act on Rational Use and Proper Management of Fluorocarbons)

    Country

    Japan

    Take Action

    • icon

      Reduce SLCPs

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

  • Policy

    The Japanese greenhouse gas emission reduction certification system (J-credit) generates offsetting credits for approved methodologies applied within Japan. It covers sectors including energy, industrial processes, agriculture, waste and forestry.

    Country

    Japan

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    The Joint Crediting Mechanism (JCM) allows Japanese and foreign firms to invest in emission reduction projects and programs in developing countries to earn offset credits. It covers sectors including electricity production and distribution, transportation, industry and waste management.

    Country

    Japan

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By fiscal year 2030, a 26% economy wide reduction of greenhouse emissions below 2013 levels, equivalent to a 25.4% reduction below 2005 levels. (The Plan for Global Warming Countermeasures under the Global Warming Countermeasure Promotion Act)

    Country

    Japan

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2050, an 80% economy wide reduction in greenhouse gas emissions, with the base year unclear. (The Plan for Global Warming Countermeasures under the Global Warming Countermeasure Promotion Act)

    Country

    Japan

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By fiscal year 2030, achieve savings of 50.3 billion liters crude oil equivalent, equivalent to a 35% improvement on energy efficiency. (2015 Long-term Energy Supply and Demand Outlook)

    Country

    Japan

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    Electric power companies are required to purchase electricity generated from renewable sources under a feed-in-tariff scheme.

    Feed-in Tariff for electricity generated from renewable energy

    Country

    Japan

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By fiscal year 2030, reduce methane by 12.3% compared to fiscal year 2013, equivalent to 31.6 million t-CO2.

    Country

    Japan

    Take Action

    • icon

      Reduce SLCPs

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

  • Policy

    A draft national carbon tax bill has been proposed but not yet implemented.

    Carbon Tax Bill

    Country

    South Africa

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    From the end of 2020, it is intended that economy wide GHG emissions will peak, plateau and decline. Under this trajectory, by 2025 and 2030, national emissions will range between 398 and 614 MtCO2-eq.

    Country

    South Africa

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    Proposed that by 2030, install 17.8GW of renewable energy capacity.

    Integrated Resource Electricity Plan 2010-2030 (New Climate Institute Database)

    Country

    South Africa

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2029, reduce peak electricity demand by 12% compared to business as usual.

    7th Basic Plan for Long-Term Electricity Supply and Demand 2015-2029

    Country

    South Korea

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2030, a 37% reduction of emissions compared to business-as-usual levels.

    Country

    South Korea

    Take Action

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    The South Korean Emissions Trading Scheme covers 525 businesses from 23 sub-sectors including steel, cement, petrochemicals, refinery, power, buildings, waste and aviation.

    This scheme generates domestic credits and permits carbon trading through an international market mechanism. Domestic credits are expected to reduce emissions by 25.7% compared to business as usual and the international market mechanism is expected to reduce emissions by 11.3% compared to business as usual.

    Act on the Allocation and Trading of Greenhouse Gas Emission Permits

    Country

    South Korea

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2029, reduce annual electricity demand by 14.3% compared to business as usual.

    7th Basic Plan for Long-Term Electricity Supply and Demand 2015-2029

    Country

    South Korea

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2024, 10% of energy generation to come from renewable and “new” energy sources, which includes Integrated Gasification Combined Cycle plants.

    Renewable Portfolio Standards

    Country

    South Korea

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2020, 15% of energy consumption in the UK to be from renewable sources.

    EU 2009 Renewable Energy Directive and the UK National Renewable Energy Action Plan

    Country

    United Kingdom

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2050, reduce economy wide GHG emissions by at least 80% compared to a 1990 levels.

    2008 Climate Change Act

    Country

    United Kingdom

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    The Carbon Plan outlines scenarios to meet the UK 5-year carbon budgets up to 2027.

    UK Carbon Budget

    Country

    United Kingdom

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    The UK currently implements the requirements with respect to F-gases of the EU. Recommendations have been made by the Committee on Climate Change that F-gas Regulations of the EU should at least be mirrored under UK laws or that UK should remain in the EU schemes.

    Committee on Climate Change October 2016 Briefing Note

    Country

    United Kingdom

    Take Action

    • icon

      Reduce SLCPs

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

  • Policy

    By 2017, at least 31% economy wide reduction in GHG emissions compared to 1990 levels, based on a 5-year carbon budget.

    2013-2017 UK Carbon Budget

    Country

    United Kingdom

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    The UK currently implements the EU ETS with an additional floor price. Recommendations have been made by the Committee on Climate Change that the EU ETS should at least be mirrored under UK laws or that UK should remain in the EU ETS.

    Committee on Climate Change October 2016 Briefing Note

    Country

    United Kingdom

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    The UK currently implements the energy efficiency targets and policies of the EU. Recommendations have been made by the Committee on Climate Change that product efficiency standards and labeling requirements of the EU should at least be mirrored under UK laws or that UK should remain in the EU schemes.

    Committee on Climate Change October 2016 Briefing Note

    Country

    United Kingdom

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2032, at least 57% economy wide reduction in GHG emissions compared to 1990 levels, based on a 5-year carbon budget.

    2028-2032 UK Carbon Budget

    Country

    United Kingdom

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2022, at least 37% economy wide reduction in GHG emissions compared to 1990 levels, based on a 5-year carbon budget.

    2018-2022 UK Carbon Budget

    Country

    United Kingdom

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    By 2027, at least 51% economy wide reduction in GHG emissions compared to 1990 levels, based on a 5-year carbon budget.

    2023-2027 UK Carbon Budget

    Country

    United Kingdom

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    Requirement for energy efficiency standards for a variety of products, commercial and industrial equipment.

    Energy Policy Act 2005

    Country

    United States

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      Join the LCTPi

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    A requirement on the US federal government agencies to purchase alternative technologies without HFCs where possible.

    Federal Acquisition Regulation and Significant New Alternatives Policy

    Country

    United States

    Take Action

    • icon

      Reduce SLCPs

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

  • Policy

    A production tax credit for wind and solar systems not claiming the Investment Tax Credit, phasing out ending 2019.

    Investment Tax Credit

    Country

    United States

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2025, at least 30% of total electricity consumption for a federal agency to come from renewable energy.

    (The Renewable Energy Procurement Program) and (Executive Order 13693)

    Country

    United States

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

  • Policy

    By 2025, 26-28% reductions in GHG emissions compared to 2005 levels. This target is set under the US INDC, however it has since been announced that the US will withdraw from the Paris Agreement.

    We note that despite this announcement, as at currently, the US still remains in the Paris Agreement.

    Country

    United States

    Take Action

    • icon

      EP100 - Double energy productivity

    • icon

      EV100 - Commit to electric vehicles

    • icon

      Join the LCTPi

    • icon

      Carbon pricing

    • icon

      RE100 - 100% renewable power

    • icon

      Reduce SLCPs

    • icon

      Remove deforestation

    • icon

      Report climate information (TCFD)

    • icon

      Responsible climate policy

    • icon

      Science-based targets

    • icon

      Sustainable Fuels

  • Policy

    An investment tax credit for solar systems and wind energy on residential and commercial properties, including utility-scale projects. Such tax credits range from 30% to 10% depending on the year and technology implemented.

    Investment Tax Credit

    Country

    United States

    Take Action

    • icon

      Join the LCTPi

    • icon

      RE100 - 100% renewable power

    • icon

      Report climate information (TCFD)

    • icon

      Science-based targets

Stay in touch

Sign-up here for regular updates from the We Mean Business coalition.