Bernard Looney described the Intergovernmental Panel on Climate Change (IPCC) report as «incredibly important for anybody who cares about the future of our planet».
It also claimed that global temperatures are on course to miss the 1.5C limit set in the Paris Agreement.
In order to curb the impacts of climate change, the IPCC underlined the need for «deep reductions» in carbon emissions.
And now, the BP boss has highlighted the importance of «greening companies» in driving down emissions.
Responding to the IPCC report on LinkedIn, he said:
- Now is the time to act
- If we quickly come together, the IPCC says the world can still limit the worst effects of climate change
- And I believe that greening companies are vital to solve this challenge
- Wherever a company is in their transition to net zero, we must support them in their journey
- At the end of the day – it’s all about driving emissions down – and I fundamentally believe we can’t do this without encouraging carbon-intensive companies and sectors to decarbonise.
- Why? Because the need for a net zero world has never been greater, and we all must play our part to get us there
- Between this latest IPCC report and the upcoming #COP26, I remain optimistic that the world will come together and agree on a path forward
Author: Hamish Penman
