Scania and CEO Climate Leaders urge others to follow with bold climate targets

4 NOVEMBER 2022

CEO Climate Leaders, where Scania is one of 100 participating companies, works to support the ambitious Paris Agreement and bold corporate climate action by setting ambitious targets, reducing our own emissions, and inspiring others to do the same.

Scania was the first in the industry to set science based targets in line with the Paris Agreement. We also show the way by striving towards the goal to decarbonise our European supply chain by 2030. And ahead of COP27 – the United Nations Climate Change Conference that starts on 6 November - we now call for action alongside the others in CEO Climate Leaders with an open letter.

What CEO Climate Leaders ask for

When it comes to the private sector, Scania and our allies call on others to:

Set science-based targets in line with the Paris Agreement.
Collaborate within and across sectors and value chains to drive transparency, advocacy and action in alliances and initiatives.
Contribute to the development of internationally harmonised reporting standards.

With COP27 just around the corner, the participating leaders at the conference have the chance to make a historic turning point towards cleaner, more affordable and secure energy and food systems. We think governments need to:

Set bold ambitions and follow through on commitments.
Accelerate the transition.

The decade of action

This is the decade of action, so we must all work side-by side with governments to scale up in the drive to net zero. Representatives from CEO Climate Leaders, and also from Scania will be present in Egypt during COP27 to discuss with world leaders, government officials and civil society representatives how, together, we can take positive action to tackle the climate crisis.

We and our allies encourage all business leaders to set science-based targets to halve global emissions by 2030 and reach net zero by 2050 at the latest. The global impact on food and energy prices notably due to the war in Ukraine continues to hurt households, businesses and economies worldwide. The crisis is a stark reminder of the fragile nature of the current energy and food systems, which are still dominated by fossil fuels.