A
ccording to the London-based Committee on Climate
Change (CCC) global greenhouse gas emissions
must be reduced to under 50 percent of 2007 levels
in order to keep the increase in average temperature within
2°C by 2050. This will require societies worldwide to develop
patterns of consumption that emit 50-to-80 percent less CO2
than today. The role of business is central in CO2 emission
reduction initiatives and key to the decarbonisation of societal
consumption.