119
The public has the right to know the specific climate risks that each carbon major
contributes to or may be involved in through the continued production, sales
and use of their products. They must disclose the carbon emissions resulting
from the totality of their operations, including those of their subsidiaries across
multiple jurisdictions. The Carbon Majors must conduct climate change and
human rights impact assessments as part of their due diligence in accordance
with the UNGP-BHR in all stages of their operations and across all their value
chains, even if not required by government regulations in the jurisdictions they
operate in.
The Carbon Majors must make public pronouncements on their commitments
to combat climate change. Particularly, they should inform the public how
they plan to support the Paris Agreement targets by developing and publishing
specific business plans about intended emissions reduction, decarbonization
and transition to a low-carbon economy, among others. These plans must
contain key performance indicators, which may be reviewed and evaluated
to determine whether published goals and plans are achieved over a specific
period.
ii. Desist from Undermining Climate Science
The Commission urges the Carbon Majors to desist from all activities that
undermine climate science. They should acknowledge, in no uncertain
terms, the reality of climate change; that it is primarily anthropogenic
in nature; and that their products have widely contributed thereto.
They should denounce all forms of climate denial propaganda and cease
funding lobbies, politicians, pseudo-scientists, trade associations and
other organizations that disseminate false information about climate
change and climate science. They should harken to the voice of climate
science to hasten the global transition towards clean and renewable energy.
Select target paragraph3
Connect to a paragraph
Connect to an entity
Disable highlights
Add to table of contents