The Prince of Wales's Corporate Leaders Group (CLG)
|Name of initiative||The Prince of Wales's Corporate Leaders Group (CLG)|
|Related initiatives|| |
The Prince of Wales’s Corporate Leaders Group is a founding member of the We Mean Business Coalition.
The Prince of Wales’s Corporate Leaders Group works together with the Carbon Pricing Leadership Coalition.
The Prince of Wales’s Corporate Leaders Group (CLG) works in partnership with a range of networks including the European Green Growth Platform.
|Secretariat|| The CLG is facilitated by the University of Cambridge Institute for Sustainability Leadership (CISL) under the patronage of HRH The Prince of Wales.
University of Cambridge Institute for Sustainability Leadership (CISL) 1 Trumpington Street Cambridge, CB2 1QA, UK
|Organisational structure|| Convened by the University of Cambridge Institute for Sustainability Leadership (CISL) on behalf of The Prince of Wales, CLG's members are leaders from cross-cutting sectors including infrastructure, manufacturing, consumer goods and services, finance and energy production.
The group operates at two levels: the Leader level and the Working Group level
|Name of lead organisation||University of Cambridge Institute for Sustainability Leadership|
|Type of lead organisation||Academic/Research institution|
|Location/Nationality of lead organisation||United Kingdom|
|Description|| The Prince of Wales’s Corporate Leaders Group (CLG) brings together European business leaders to accelerate progress towards a low carbon, sustainable economy.
Through exchange of ideas, experience, and a dialogue with policymakers, the CLG facilitates solutions that support a resilient and prosperous future. The group is composed of major companies including market leaders and household names with a presence across the majority of EU member states. It is deliberately composed to represent a broad cross section of business sectors, including from energy intensive and nonenergy intensive sectors.
|Objectives|| CLG members are committed to creating business models that both address their climate impact and build resilience to the ever-increasing effects of climate change. They seek to share experiences with policymakers and business to promote ambitious and effective outcomes which:
ensure cumulative global carbon emissions do not exceed one trillion tonnes help achieve the goal of net-zero emissions well before 2100 limit global temperature rise to well below 2°C build an economy that delivers the UN Sustainable Development Goals.
|Activities|| Through high-level convening, quality research, and new partnerships, the CLG informs public policy and leads the wider business community by example.
The CLG is a European group, working at the EU, international and member state level and has the following workstreams: 1. Developing the evidence base with its members 2. Driving broader, deeper and more focussed engagement with policy makers 3. Working with the right partnerships to multiply impact It also works across three themes: Raising Ambition, Carbon Policy and Driving Innovation.
|One or two success stories achieved|| In 2014, CLG led a package of work with a broad range of companies from many sectors
to create enough clear political support for European leaders to agree to a 2030 target of at least a 40% emissions cut. This work is ongoing and the Corporate Leaders Group continues to support an ambitious target in Europe.
In 2015, CLG published a report, 10 years of Carbon Pricing in Europe – A business perspective, to mark the ten-year anniversary of the EU Emissions Trading System. The report contained interesting insights from a range of companies covered by the System. It focussed on the actions companies had taken and the drivers behind these actions, whether and how the European carbon price had impacted on these actions and what other carbon reduction policies were relevant. The report concluded by making recommendations for future climate policies based on this feedback from real industry experiences.
The CLG has also delivered a number of internationally focused activities. These include: L’Appel de Paris: The Paris Pledge for Action Corporate Climate Communiqués IPCC Climate Science Business Briefings
Monitoring and Impacts
|Function of initiative||Political dialogue, Technical dialogue|
|Activity of initiative||Advocacy, Knowledge dissemination and exchange, Knowledge production and innovation, Policy planning and recommendations, Awareness raising and outreach|
|Comments on indicators and goals|
|How will goals be achieved|
|Have you changed or strenghtened your goals|
|Progress towards the goals|
|How are you tracking progress of your initiative|
|Companies||16||ACCIONA (Spain),Anglian Water Group (United Kingdom),Coca Cola (USA),DSM (New Zealand),EDF (France),GlaxoSmithKline (United Kingdom),Hathrow Airport (United Kingdom),IBERDROLA (Spain),Interface (USA),Signify (United Kingdom),Sky (USA),Stora Enso (Finland),TESCO (United Kingdom),Thames Water (United Kingdom),Unilever (United Kingdom),United Technologies (USA).|
|Research and educational organisations||0|
|Regional / state / county actors||0|
|City / municipal actors||0|
|Financial Institutions||1||Lloyds Banking Group (United Kingdom)|
|Number of members in the years|| |
|Have only national states as participators||No|
|Transport||Agriculture||Forestry||Business||Financial institutions||Buildings||Industry||Waste||Cities and subnational governments||Short Term Pollutants||International maritime transport||Energy Supply||Fluorinated gases||Energy efficiency||Renewable energy||Supply chain emission reductions||Adaptation||Other||Resilience||Innovation||Energy Access and Efficiency||Private Finance|
Not only have national states as participators