better, Inc.

While individual organization action is necessary, local and federal government action is also needed to reach global climate goals. Your organization can have a critical voice in advancing public policy. A commitment to responsible engagement in climate policy means that your organization commits to supporting public policy to: promote energy efficiency and renewable energy; increase investment in a clean energy economy; support climate change adaptation, or put a price on carbon.

By committing to adapt to the impacts of a changing climate, companies and institutions can secure their operations and supply chains and conserve natural resources that are stressed due to climate change. While there is much a business can do within their community, primary among these options is reducing water usage. Organizations can commit to increase their own water security through a range of actions, including installing water-saving devices, capturing rainwater for onsite uses, and recycling grey water. Or just commit to get engaged with your community in resilience planning.

Most companies begin by assessing energy usage or performing an energy audit to identify opportunities to increase energy efficiency throughout their facilities and operations. Energy reduction targets can be framed as either absolute reductions or reductions that are normalized per unit of production, such as per tons shipped, per dollars of revenue produced, or other relevant business metric. Some examples of commitments that can be taken include:

• Conducting an energy audit or request a meeting with your building owner to explore scheduling an audit
• Upgrading HVAC system to a more efficient model
• Upgrading lights in your office/facility to LEDs
• Upgrading insulation and windows
• Replacing appliances in your office with Energy Star-rated models
• Instituting a company policy of turning off lights other electronics when not in use.

Understanding your GHG emissions is the first step to making measurable reductions in those emissions. The EPA provides an overview report and CoolClimate Network provides a simple tool for “low emitters” to better understand sources of emissions, as well as how to use that information to set reduction targets. For this commitment, it is as simple as committing to complete a greenhouse gas inventory for your business or oganization, but in the future your inventory can be used to make a commitment to set a specific goal, such as “reduce GHG emissions by 50% by 2025.

Commit to integrate climate change-related risks and opportunities in portfolio analysis and decision-making processes through one or more of the following:

• Analyzing and assessing climate change-related risks and opportunities (e.g. through carbon footprinting, scenario analysis).
• Making commitments and setting targets (e.g. to carbon footprint reduction, to enhanced portfolio resilience, to decarbonization, including via the Portfolio Decarbonization Coalition).
• Investing in low carbon investment funds and other products (e.g. low carbon indices, climate-aligned bonds).