ABSTRACT

The time is ripe for enlightened business leaders to scale up corporate sustainability by engaging responsibly on climate policy. The existential global climate crisis motivated members to consider innovative approaches to leadership, in which personal, titular power would not be the sole source of change. This chapter details the efforts of United Nations Global Compact (UNGC) members to perform collaborative environmental leadership and engage in climate policy development at the global level under the auspices of the UNGC's Caring for Climate (C4C) platform. Multinational corporations motivated to confront problems like global climate change increasingly engage as active members of transnational public private partnerships. The C4C Initiative was unveiled at the annual UNGC members meeting in Geneva, Switzerland, in 2007. In addition to signing the platform, members must report annually on progress in addressing climate change challenges, using the UNGC's Commitment on Progress, "communications on progress-Climate" mechanism.