Business & Climate Summit


9:00am, 28 June 2016 to3:30pm, 29 June 2016


Gresham Street
Greater London
United Kingdom

See what happened at Business & Climate Summit 2016

The Business & Climate Summit is the leading annual forum for businesses, investors and policymakers on climate action. It is where business and governments come together to agree a roadmap for reaching net zero emissions over the next half century. It demonstrates how low carbon strategies are good for business and good for growth – and builds the partnerships needed to scale up and accelerate the low carbon transition.

What does the #ParisAgreement mean for business? Hear LIVE from global leaders at #BusinessClimate Summit.

Programme day 1

  • 08:30 Registration & Refreshments

    Registration and information desks will be open to collect your badge and obtain any information you may need. Refreshments will be served in The Old Library.

  • 09:30 – 10:00 Welcome & Keynote Addresses


    • Sir Roger Gifford, Chairman, City of London’s Green Finance Initiative
    • Peter Bakker, CEO, WBCSD
    • Ségolène Royal, President, COP 21
    • Ban Ki-Moon, Secretary General, UN (Video Message)
  • 10:00 – 11:00 PLENARY
    What Does The Paris Agreement Mean For Business: Risks & Opportunities (Great Hall)

    The Paris Agreement sent a clear message to the global business and investment community. It’s no longer just about commitments or waiting for governments to move – it’s about real climate action now. This plenary discussion will interpret what the Agreement means for business in terms of risks and new opportunities over the short and long-term, directly and as a result of national and local policies.


    • Christiana Figueres, Executive Secretary, UNFCCC
    • Michel Madelain, Vice Chairman, Moody’s Investors Service
    • John Dominique Senard, CEO, Michelin
    • Mahendra Singhi, Group CEO and Whole Time Director, Dalmia Cement (Bharat) Limited
    • Aron Cramer, CEO, BSR (Moderator)
  • 11:00 – 12:15 PLENARY
    How Can Business Action Bend The Curve Below 2 Degrees? (Great Hall)

    The Paris Agreement is based on the twin pillars of collective action and the individual Nationally Determined Contributions put forward by countries in the lead-up to COP21. These NDCs represent the maximum possible ambition that nations believe they can achieve over the next decade and a half. But despite the Paris Agreement committing the world to keeping temperature increase well below two degrees above pre-industrial levels, current NDCs leave us short of these goals.

    Business has demonstrated the economic case for ambitious climate leadership across energy, transport, supply chains, industrial processes and the built environment. But how can this leadership be scaled up to get us on track for a sub-two degree world? Where are the biggest opportunities? What would the impact be if the business community as a whole delivered the maximum possible ambition it could achieve?

    This plenary, led by a mixture of policy, business and investor voices, will see the launch of the Business Determined Contribution Report which is designed to address these questions. The reports outlines how a “visionary business determined contribution” will set an ambitious emissions reduction goal for the business sector for both 2020 and 2030, as well as draw on the many corporate commitments that have been made since the UN Climate Summit in 2014


    • Kerry Adler, CEO, SkyPower
    • Steve Howard, Executive Board Member, Ikea
    • Rachel Kyte, CEO, SE4ALL
    • Patrick Pouyanné, CEO, Total
    • Laurence Tubiana, Special Representative for COP21, Government of France
    • Paul Simpson, CEO, Carbon Disclosure Project (Moderator)
  • 12:15 – 12:45 Session TBC
  • 12:45 – 14:00 Lunch

    A variety of vegetarian dishes will be served in The Old Library.

  • 14:00 – 15:30 PARALLEL SESSION / The Energy Transition: Can We Make Good Progress On Our SDG7 & Climate Goals By 2030?

    Organised by SE4ALL

    The Paris Agreement called for an urgent and radical shift in the way we produce and consume energy, setting the ambition to keep the increase in the global average temperature rise to “well below 2 degrees” and pursue efforts to “limit the increase to 1.5 degrees”. Sustainable Development Goal 7 calls for ensuring access to affordable, reliable, sustainable and modern energy for all. In order to achieve both goals, business plays a key role as one of the most efficient and effective engines of change to reorient development along a more sustainable trajectory.

    In a debate opened by Rachel Kyte, SRSG and CEO of SE4All, senior business and government leaders will explore the business commitments, new business models and technology solutions that are needed to meet the Paris and SDG7 goals by 2030.

  • 14:00 – 15:30 PARALLEL SESSION / Achieving Climate-Positive Land Use In Agriculture & Forestry – The Role Of Business

    Organised by Tropical Forest Alliance

    The combined emissions reduction potential in agriculture and forestry is roughly equal to that of the power and transport sectors combined. Moreover, forests offer an opportunity to cut emissions in the short-term and at an up-front cost of possibly as low as $6 per ton of CO2 abatement – less than a third of the respective cost in the power sector. In agriculture, the average cost of abatement measures are the lowest of all major economic sectors, and can even reach negative costs.

    Private sector companies have taken important actions to realize climate-positive growth opportunities in agriculture and forestry, including commitments for deforestation-free supply chains, land restoration, measures to prevent forest fires, development of climate-smart crops and agriculture technologies, as well as innovative financial support schemes to enable the transition towards low-carbon agriculture and forestry. Often, these measures require effective collaboration across sectors and public-private partnerships with national and sub-national governments.

    This session will be the opportunity to showcase how leading private sector companies are taking action to realize climate-friendly growth through sustainable land use in agriculture and forestry. The panellists will have the opportunity to discuss the role of collaborative approaches and public-private partnerships to accelerate the transition towards low-carbon growth and development in the land use-based economy.


    • Justin Adams, Managing Director, Global Lands, The Nature Conservancy
    • Chris Hood, President Europe, Kellogg Company
    • Jeff Seabright, CSO, Unilever
    • Bey Soo Khiang, Vice-Chairman, RGE
    • Emmanuelle Wargon, Vice President, Global Corporate Affairs and Sustainability, Danone
    • Hindou Oumarou Ibrahim, Co-Chair of the International Indigenous Peoples’ Forum on Climate Change
    • Jim Leape, Consulting Professor, Stanford University (Moderator)
  • 14:00 – 15:30 PARALLEL SESSION / Decarbonizing Transport: The Opportunities & Challenges For Business

    Organised by World Business Council for Sustainable Development

    Our guiding long term vision for climate action must include total decarbonisation of transport. This panel will bring together companies working on developing and deploying solutions to enable this decarbonisation, including low carbon energy, system efficiency and innovative partnerships. But there are barriers across technology, policy and finance that must be overcome. To explore the scale of the challenge – and the pace of change we can expect – road and air experts will affirm that there is no single silver bullet. Instead we require a range of technologies and energy vectors for transport if we are to stand a chance of succeeding.


    • Maarten Van Dijk, CEO, Sky NRG
    • Matthew Tipper, Vice President – Alternative Energies, Shell
    • Joshua Whiton, Founder, Transloc
    • Patrick Oliva, Senior Vice President, Sustainable Mobility & Energy Transition, Michelin
    • Gareth Dunsmore, Electric Vehicle Director, Nissan Europe
    • Peter Bakker, CEO, WBCSD (Moderator)
  • 14:00 – 15:30 PARALLEL SESSION / Doubling Global Real Estate In A 2 Degree World

    Organised by Global Alliance for Buildings and Construction

    This session aims at addressing the following questions: How to meet the estimated needs by almost doubling the real estate by 2050? How can long-term visibility and partnerships between stakeholders address in deliver?

    Buildings and construction sector is responsible for 30% of global CO2 emissions. This figure is growing rapidly and could reach 50% of CO2 emissions by 2050. Moreover, buildings are longterm ventures. Today’s new buildings are tomorrow’s existing stock. Failure to act now will lock in growth in GHG emissions for decades, as the global real estate should double by 2050.

    On the other hand, the buildings and construction sector is an economic powerhouse. It represents more than 50% of global wealth. The sector also offers one of the most cost effective and an economically beneficial path for reducing energy demand and associated emissions while at the same time supporting adaptation and resilience to climate change. Many solutions are available. Proven policy, finance and technology actions exist.

    In this context, the Global Alliance for Buildings and Construction (Global ABC) aims at mobilizing resources and actors to build a greater pace for action and make buildings and infrastructure a large-scale lever to reduce GHG emissions.


    • Tatiana Bosteels, Director Responsibility & Head Responsible Property Investment at Hermes Investment Management
    • Ronan Dantec, Vice-President, La Commission Développement Durable du Séna
    • Curt Garrigan, Cities and Buildings Programme Officer, UNEP
    • Jérôme Gatier, Ministère de L’Écologie, France
    • Yves Laurent Sapoval, Global Alliance for Buildings & Construction
    • Terri Wills, CEO, World Green Business Council
    • Bernard Mathieu, Group Head of Sustainable Development, Lafarge Holcim
  • 15:30 – 16:00 Refreshments

    Refreshments will be served in The Old Library.

  • 16:00 – 17:30 PARALLEL SESSION / Moving The Energy Transition Further, Faster

    Organised by SE4ALL

    Together with the help of governments and the private sector, our collective challenge is how to translate the vision of Sustainable Development Goal 7 and the Paris Agreement into results. Countries have taken leadership, developing NDCs where 99% outline efforts to address greenhouse gas emissions from the energy sector. The private sector has made commitments to accelerate the transition to an affordable, reliable and sustainable energy system. But to move from plans to implementation and deliver across multiple agendas in a way that is resilient to economic and political changes, requires greater coordination across initiatives, instruments and investments – and the emergence of new, non-traditional partnerships.

    This session will focus on moving the bar fast and far. It will be opened and closed by inspirational keynotes and include a panel of public and private sector leaders who are already delivering the low carbon energy transition.

  • 16:00 – 17:30 PARALLEL SESSION / Accelerating the Business Transition To The Circular Economy

    Organised by Circular Economy Initiative of the World Economic Forum

    The Circular Economy presents a $4.5 trillion opportunity by 2030, and companies of all sizes, as well as cities and regions are driving competitive advantage through adopting circular strategies.

    The session will explore examples of how companies have driven competitive advantage by developing new business models as well as associated capabilities and technologies that can drive competitive advantage and mitigate climate change.

    This session will seek to explore new opportunities for business to shift to the circular economy as well as further the conversation on the collaboration possibilities with non-business actors such as governments, international organizations, civil society and academia.


    • Justin Keeble, Managing Director, Accenture UK (moderator)
    • Harry Veehar, Head of Global Public & Government Affairs, Philips
    • Henry Saint Bris, Senior Vice President Marketing & Institutional Relations, Suez
  • 16:00 – 17:30 PARALLEL SESSION / Key Climate Levers For Transport, Logistics & Corporate Fleets

    Organised by BSR

    International-trade-related freight transport currently accounts for around 7 percent of global carbon emissions and, if left unchecked, is projected to increase fourfold by 2050 (from a 2010 baseline). We need bold business leadership from all sectors to ensure that the impact of international trade does not seriously undermine global climate goals.

    The good news is that there are many levers to pull for improved performance, from greater route and vehicle efficiency to modal shifts and the scaling of low-carbon fuels. There are also several barriers to overcome, from the slow turnover of stock and infrastructure to the highcapital costs and uncertainty characterizing many potential low-carbon solutions.

    In this session, we will hear from leaders in different modes and layers of the transport value chain, both about the progress they are making and the combination of technology innovation, cross-industry collaboration, and sustained policy intervention that will be required for the sector to do its part in addressing greenhouse gas emissions.


    • Peter Harris, Director of Sustainability, EMEA, UPS
    • Patrik Klintbom, Director Environment & Energy, Volvo
    • Eric Olson, Senior Vice President, BSR (Moderator)
  • 16:00 – 17:30 PARALLEL SESSION / Built Environment – Getting To Net Zero

    Organised by World Green Building Council

    Buildings are responsible for 30% of global greenhouse gas emissions. Data from the International Energy Agency tells us if we continue building this way, the sector will contribute to a 6 degree scenario of global warming. But if we get to net zero building fast, we can keep to a 2 – or even 1.5 – degree scenario. A number of global green building corporate leaders will showcase how net zero is achievable at a building and district scale – today.


    • Esther An, Chief Sustainability Officer, City Developments Limited
    • Mike Chaldecott, CEO, Saint Gobain UK
    • Ibrahim Al Zu’bi, Head of Sustainability, Majid Al Futtaim
    • Terri Wills, CEO, World Green Business Council (Moderator)
  • 17:30 – 18:30 Close & Drinks Reception

    Drinks will be served in The Old Library

Programme day 2

  • 08:30 Registration & Refreshments

    Registration and information desks will be open to collect your badge and obtain any information you may need. Refreshments will be served in The Old Library.

  • 08:50 - 09:20 Keynotes Addresses


    • Stuart Gulliver, CEO, HSBC
    • Felipe Calderon, Former President of Mexico
  • 09:20 – 10:30 PLENARY
    Unlocking The Trillions: How To Finance The Low Carbon Economy

    How do we shift and scale up the financing needed to turn the ambitions of 2015 into a reality? As investors with over US$600 billion in assets have decarbonised portfolios, the financial risks of climate change and stranded assets are increasingly clear.


    • Chinelo Anohu-Amazu, Director-General, National Pension Commission (Nigeria)
    • Stuart Gulliver, CEO, HSBC
    • Rana Kapoor, CEO, Yes Bank
    • Saker Nusseibeh, CEO, Hermes Investment Management
    • Ngozi Okonjo-Iweala, Former Finance Minister, Nigeria
    • Vincent de Rivaz, CEO, EDF Energy
    • Julian Mylchreest, Managing Director, Bank of America Merrill Lynch
  • 10:45 – 12:45 PARALLEL SESSION / Risk Disclosure

    Organised by The City of London Corporation

    Environmental concerns are at the top of political, regulatory and industry agendas worldwide, from the G20’s Green Finance Study Group to the FSB’s Task Force on Climate-related Financial Disclosure. Global capital markets are not simply being required to follow suit, however – they are undertaking the heavy lifting necessary to meet or even beat the twodegree ceiling agreed in Paris.

    Quantifying environmental risk and identifying value in the transition to a carbon-neutral economy are crucial steps in this process, and are affecting the full breadth of the financial and professional services sector, from asset managers and insurers to accountants and underwriters.

    This session will explore the extent to which sustainability and environmental factors are already reshaping twenty-first century capital markets, and the further development of climatealigned disclosure requirements post-COP21 and beyond.


    • David Harris, Group Head of Sustainable Business, London Stock Exchange Group
    • Sir Roger Gifford, Chairman, City’s Green Finance Initiative
    • Ben Caldecott, Director of Sustainable Finance, Smith School of Enterprise and Environment
    • Isabelle Laurent, Deputy Treasurer & Head of Funding, EBRD
    • Julien Perez, Senior Manager, Sustainable Performance and Transformation, EY
    • Nick Robins, Co-Director, UNEP
    • Brian Cahill, Managing Director, AP Corporates and Financial Institutions, Moody’s
    • Stephanie Maier, Director of Strategy and Research, Aviva Investors
    • Russell Picot, FSB Task Force & HSBC
    • Jon Williams, FSB Task Force & PwC
  • 10:45 – 12:15 PARALLEL SESSION / Achieving Climate Goals With The Right Carbon Pricing Mechanisms

    Organised by The Shift Project, IFC, Climate Change Project of the World Economic Forum, Carbon Pricing Leadership Coalition, Carbon Disclosure Project.

    In the wake of the Paris Agreement, carbon pricing is a critical tool to accelerate the transition and meet the “well below 2°C” climate ambition. The Carbon Pricing Panel and the Carbon Pricing Leadership Coalition now call upon the world to double its current carbon pricing coverage to 25% of global emissions by 2020. This goal cannot be achieved without mobilizing the financial sector to identify risks and opportunities.

    Now is the time for industry, finance and policy leaders to put in place the right level of carbon pricing to trigger the necessary investments to achieve a low-carbon transition. Building on the success of the 2015 Business & Climate Summit which rallied many voices in favour of putting a price on carbon, this session will show that strong carbon pricing mechanisms can mobilize businesses and investors, and that progress is being made across industries and regions.

    The high-level panel and debate will also provide an opportunity to discuss the role of carbon pricing pathways/corridors in helping send a clear signal to the private sector and to discuss solutions to common political challenges such as loss of competitiveness, globalization and negative prices.


    • Jean-Bernard Lévy, CEO, EDF
    • Spencer Lake, Vice-Chair, Global Banking and Markets, HSBC
    • John Roome, Senior Director for Climate Change, World Bank
    • Sharon Dijksma, Minister for Infrastructure and Environment, Government of the Netherlands
    • Jean-Marc Jancovici, President, The Shift Project
  • 10:45 – 11:45 PARALLEL SESSION / Innovation, Collaboration, & Leadership For Business In A Post-Paris World

    Organised by University of Cambridge Institute for Sustainability Leadership and the Prince of Wales’s Corporate Leaders Group

    From the power sector to transport and industry, delivering on the required ‘net zero’ scale of decarbonisation will require radical innovation – which in itself will create new business opportunities and investment returns. Innovation and a viable, competitive, sustainable future is possible for many industries, but to deliver it requires a new commitment from business, finance and government to unlock business models fit for the 21st century.

    Cambridge Institute for Sustainability Leadership will draw on its European and international network to bring together leaders from business, policy and finance space to discuss how increased collaboration is required to unlock innovation and a ‘new industrial revolution’ to deliver on the promise of Paris.


    • Sir David King, Foreign and Commonwealth Office Climate Change Envoy
    • Jose Manuel Entrecanales Domecq, CEO, Acciona
    • Dr Jennifer Howard-Grenville, Diageo Reader in Management Studies, University Cambridge Judge Business School
    • Léon Wijnands, Global Head of Sustainability, ING
    • Dame Polly Courtice, Director, University of Cambridge Institute for Sustainability Leadership
  • 11:45 – 12:45 PARALLEL SESSION / Homes Driving Down Emissions - Low Carbon Living & Working For All

    Organised by The Climate Group

    This session will explore how the way we build and use our homes could become a major driver for emissions reduction. It will introduce preliminary results from Home2025 – a project that explores what must be done by businesses and governments to make smarter low carbon living a reality for the 8 billion people inhabiting the earth by 2025.


    • Steve Howard, Executive Board Member, IKEA
    • Will Gardner, CEO, Collectively
    • Niall Dunne, CSO, BT Ron van Erck, Programme Manager, Europe Energiesprong
    • Terri Wills, CEO, World Green Building Council
    • Myriam Maestroni, CEO, ON5 Company
  • 10:45 – 12:45 PARALLEL SESSION / The Role and Responsibility of Creative Industries on Climate Action

    Organised by World Bank Connect4Climate, Maitland Green

    During a public interview with Al Gore at the 2015 Annual Cannes Lions Advertising Festival, Sir Martin Sorrell, Chairman of WPP Group of advertising agencies offered to stand arm-in-arm with heads of rival advertising networks at Cannes Lions 2016 if all will pledge solidarity with the climate change movement.

    The advertising industry is making good on its pledge to engage on sustainability by launching a series of sustainability initiatives with the UN Secretary General at Cannes Lions in 24 June.

    The World Bank’s Connect4Climate Campaign in partnership with the Business Climate Summit and Maitland Green/Havas is staging a thematic discussion on “The Role of Creative Industries in Sustainability and Climate Change” with the objective of perpetuating the engagement of media, entertainment and advertising sectors on climate action.


    • Sir Martin Sorrell, CEO, WPP
  • 12:45 – 14:00 Lunch

    A variety of vegetarian dishes will be served in The Old Library.

  • 14:00 – 15:00 PLENARY
    Climate and Trade

    Organised by International Chamber of Commerce, Entreprises pour l'Environnement and Cefic

    Trade and climate change have an inextricable and intimate relationship. This session will create a discussion between business leaders and policymakers regarding the trade policy priorities from a climate and green growth perspective, addressing the necessary action needed at multilateral level – for example potential changes to World Trade Organization rules – as well as the possible role of bilateral and regional agreements.


    • Roberto Azevedo, Director General, World Trade Organisation
    • Bruno Lafont, Co-Chairman, LafargeHolcim
    • Jo Tyndall, Co-Chair, APA
    • Sergey Chestnoy, Director of International and Special Projects, Rusal
    • Reinhard Quick, Director of the Liaison Office in Brussels, VCI
    • John Danilovich, Chair, International Chamber of Commerce (Moderator)
  • 15:00 – 16:00 PLENARY
    Policy Panel

    Following the declaration of the business and investment community, how can international, national and sub-national policy support ambitious business action to go further and faster? Former heads of state, ministers and premiers discuss innovative policy options that can continue to attract this investment.


    • Gerard Mestrallet, CEO, Engie
    • Paul Polman, CEO, Unielver
    • Sharon Dijksma, Minister for Infrastructure and Environment, Government of the Netherlands
    • Vidar Helgesen, Minister of Climate and the Environment, Government of Norway
    • Adrienne Carter, International Business Editor at the New York Times (Moderator)
  • 16:00 – 16:15 Closing Remarks


    • Brice Lalonde, President, Business & Climate Summit
    • Miriem Bensaleh-Chaqroun, President, Confédération Générale des Entreprises du Maroc
    • Pierre Ducret, Chair, Institute for Climate Economics
  • 16:15 – 17:00 Close & Afternoon Tea Reception

    An afternoon tea will be served in The Old Library.


Adam Lake, Head of Media and Corporate Communications, The Climate Group
+44 (0)207 960 2970
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