20 companies pledge to conserve and grow 2.5 billion trees in 50 countries
Geneva, Sep 24 (IANS): Businesses from all sectors are working to support healthy and resilient forests through the World Economic Forum’s Trillion Tree Platform.
With the launch of 1t.org’s global engagement process in September, more than 20 companies have committed to conserve, restore and grow over 2.5 billion trees in more than 50 countries by 2030.
The trillion tree target does not replace net zero emissions programs – businesses and industries have yet to decarbonize to meet climate targets. 1t.org was launched to support the growing momentum around nature-based solutions, to mobilize the global restoration community, and to empower all who wish to play a role.
The community shares best practices, promotes responsible forestry practices, and scales solutions to have global impact.
Nicole Schwab, Co-Director of Platform to Accelerate Nature-Based Solutions, World Economic Forum, said: “We are at a crossroads. It is our collective responsibility to leave behind a habitable planet for future generations.
“The private sector has a key role to play by providing expertise and investing in natural climate solutions, such as catering. It is encouraging to see more and more companies embracing this necessary transition to net zero and positive for nature activity. models.”
The first wave of companies globally committing to 1t.org includes: Amazon, APRIL Group, AstraZeneca, Brambles, Capgemini, Clif Bar, Daterra Coffee, Eni, HP Inc., Iberdrola, Mastercard, Nestlé, PepsiCo , Salesforce, SAP, Shell, Suzano, Teck Resources Ltd., tentree, Travelers, Unilever, UPS, VMware and Zurich Insurance Group.
“Committing to 1t.org was a natural fit for UPS,” said Nikki Clifton, President of Social Impact and The UPS Foundation.
“UPS’s commitment to plant more than 50 million trees by 2030, in line with the United Nations Sustainable Development Goals, promotes global equity and the well-being of underserved communities in cities and towns. developing countries around the world. It’s another example of the 543,000 UPS employees who move our world forward by delivering what matters. “
Companies are also working collaboratively through the 1t.org Corporate Alliance to drive impact by committing to leadership, action, integrity, transparency and learning. .
The alliance enables companies to jointly tackle common challenges and connects companies to the community of innovators, partners and regional chapters of 1t.org.
Healthy and resilient trees and forests are part of the effort needed to tackle climate change.
Studies have shown that trees can reduce the effects of urban heat islands by up to 5 degrees Celsius and energy costs by $ 7.8 billion per year.
Globally, sustainable forest management could create $ 230 billion in business opportunities and 16 million jobs globally by 2030.
From a health standpoint, trees absorb 17.4 million tonnes of air pollutants per year, helping to prevent 670,000 cases of asthma and other acute respiratory symptoms each year.