The global climate change agenda is entering a critical phase. Negotiations are increasingly geared towards reaching a universal climate change agreement at the UN Climate Change Conference (COP21/CMP11) in Paris in December 2015. In tandem, the Post-2015 Development Agenda
is moving into a crucial phase and Governments are expected to agree upon a set of global sustainable development goals in September 2015. Corporate target setting aligned with these goals can be a key mechanism for businesses to demonstrate their commitment to addressing climate change and advancing the global development agenda. Leading companies are now taking action to mitigate climate related risks and capture the economic opportunities from a low-carbon transition– consistent with the international target of limiting global warming to less than 2°C compared to pre-industrial temperatures.