Climate Ambition Accelerator – Q1 & Q2

Ambitious business leaders are recognizing that they do not have to choose between taking climate action and having strong economies and bottom lines. On the contrary — taking climate action is the best way to build healthier and thriving people, communities, businesses and economies.

The Climate Ambition Accelerator is a six-month accelerator programme designed to equip companies with the knowledge and skills they need to accelerate progress towards setting science-based emissions reduction targets aligned with the 1.5℃ pathway, setting them on a path towards net- zero emissions by 2050.

Led by the United Nations Global Compact with support from Patrons Ørsted and Natura & Co, the Climate Ambition Accelerator aims to scale-up credible climate action across companies of all sizes, sectors and regions, enabling them to deliver on meaningful commitments to reduce emissions at scale. The Climate Ambition Accelerator builds on the UN Global Compact’s work to develop and promote the Science Based Targets initiative, its net-zero standards, and will contribute to initiatives such as the Race to Zero campaign.

A series of activities of the Climate Ambition Accelerator comprised:

1. Climate Ambition Accelerator 2023 — Regional Kick-Off (Asia Track)

The UN Global Compact Local Networks in Asia (Indonesia, Malaysia & Brunei, Singapore, Thailand, Philippines, Bangladesh, Nepal, Sri Lanka, and India) successfully kick-off the UN Global Compact Climate Ambition Accelerator (CAA) 2023. This third round of CAA is participated by more than 120 companies across these countries, who are aiming to scale up their credible climate actions to make meaningful commitments to reduce emissions at scale.

25 companies from Indonesia participating in CAA 2023 are as follows.

  1. PT Musim Mas
  2. PT Industri Jamu Dan Farmasi Sido Muncul Tbk
  3. PT Cendekia Edukasi Citra Tritunggal
  4. PT Pertamina (Persero)
  5. Indonesia Stock Exchange
  6. PT Freeport Indonesia
  7. PT Santi Lisana Cendekia
  8. PT Austindo Nusantara Jaya Tbk
  9. PT Saratoga Investama Sedaya Tbk
  10. Asia Pacific Rayon
  11. PT Lippo Karawaci Tbk
  12. Sinar Mas Land – PT Bumi Serpong Damai
  13. PT Perkebunan Nusantara IV
  14. PT Domas Agrointi Prima
  15. PT Tandan Sawita Papua (TSP)
  16. PT Global Advis Indonesia (INTERCOUNBIX)
  17. KING’S Group of Education
  18. PT Prasadha Pamunah Limbah Industri
  19. PT Aicon Global Indonesia
  20. Sejahtera Rambah Asia
  21. MarkPlus, Inc
  22. PT Pertamina International Shipping
  23. PT Vale Indonesia Tbk
  24. PT Indah Kiat Pulp & Paper Tbk, Asia Pulp and Paper (APP) Sinar Mas
  25. PT Pabrik Kertas Tjiwi Kimia Tbk, Asia Pulp and Paper (APP) Sinar Mas

2. Climate Ambition Accelerator 2023 #1 Facilitated Session — “GHG Accounting: Debrief and Discussion

As a continuation from the Regional Track, IGCN with UN Global Compact Local Networks across Asia also provided sessions that took place on 13 & 15 June 2023. This event targeted to prepare participating companies for their science-based targets, which was the Greenhouse gas (GHG) emissions. This program also provided a module that consists of comprehensive materials related to Scope 1, 2, 3 of GHG Accounting. Participating companies gathered in this session to recap and debrief, discuss common challenges and opportunities, and Q&A with experts from WSP after learning in the the UN Global Compact Academy.