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Mercedes-Benz, Microsoft, Nike, Starbucks, Unilever, and Wipro Partners to Form Transform to Net-Zero Initiative

July 22, 2020 / Morgan Forde
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A.P. Moller - Maersk, Danone, Mercedes-Benz AG, Microsoft, Natura & Co., Nike, Starbucks, Unilever, and Wipro have formed the Transform to net-zero initiative in partnership with the Environmental Defense Fund and BSR, a global nonprofit organization and consultancy dedicated to sustainable business practices, according to an announcement Tuesday. Citing the climate emergency, member companies have committed to sharing best practices for achieving net-zero emissions across their value chains by no later than 2050, in addition to advocating for broader policy changes to move the private sector toward greater sustainability. The group said it is set to conclude its work in 2025. "Over the past decade, many businesses have committed to net-zero targets," BSR president and CEO Aron Cramer, said in a statement. "It is now time to accelerate the actions needed to achieve this essential goal. Our window for staying under 1.5 degrees of warming is closing, and fast." Corporate sustainability coalitions and individual company commitments to decarbonizing supply chains have cropped up in recent months due in part to growing consumer pressure and recognition of the outsized role the private sector has to play in mitigating climate change.