Climate Neutral Nordic

Prosjekter

The Initiative Climate Neutral Nordic is a joint venture between Nordic governments and Nordic businesses. Together we aim at strengthening Nordic competitiveness and contribute to making the Nordic region the most sustainable and integrated region in the world.

Climate Neutral Nordic is a collaboration between the three Nordic business networks Hagainitiativet (SE), Climate Leadership Coalition (FI) and Skift - Business Climate Leaders (NO). Over a period of three years, the partners are working on 10 different projects, aiming at bringing business perspectives to the Nordic debate on climate change, green competitiveness and innovation. The projects have funding from the Nordic Council of Ministers.

40 Nordic CEOs very concerned about climate change and urge policy makers to speed up solutions for climate mitigation

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 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 40 interviewed business leaders’ represent companies with approximately 1.2 million employees across the globe. The aggregated revenue of the companies is around 326 billion EUR, corresponding to approximately 24 percent of the GDP of the Nordic region.

Nordic business leaders are asking policy makers for strong incentives, especially in developing and commercialising climate solutions faster. The Nordic business leaders are clear about which incentives they want to see, such as carbon pricing, higher climate requirements in public procurement, and standardized methodology on companies’ climate reporting. The majority of business leaders preferred carbon pricing, either in the form of carbon tax or emission trading scheme, as an instrument for decarbonization.

The study shows that Nordic business leaders are alarmed by climate change but also feel a big commitment and responsibility to be a part of the solution by aligning with the 1.5°C target. The COVID-19 pandemic had small negative effects on the Nordic climate transition, it has rather given new perspectives on how to handle a severe crisis.

Read the full report here.

See the webinar/launch of the report here.