ANNUAL REPORT 2017 Working together to build a better economy · France in 2015. The second edition of BCS was held in London in 2016. The third edition of BCS was held in New Delhi,

ANNUAL REPORT 2017

Working together to build a better economy

www.businessclimatesummit.com BClimateSummit


Turning business commitments into real action

• The Business & Climate Summit (BCS) is the leading annual forum for businesses, investors and policymakers on climate action. It is where business and governments come together to agree on a roadmap for reaching net zero emissions over the next half century. It provides the platform for business to turn commitments into real action and look at how they take advantage of a swift transition to a low carbon economy while reducing the risk of climate change.

• BCS is held every year in different countries for building partnerships needed to accelerate the low carbon transition. BCS was launched in France in 2015. The second edition of BCS was held in London in 2016. The third edition of BCS was held in New Delhi, India for the first time to showcase the voice and engagement of Indian industry in the global cause of climate change.


At a Glance

• Created in 2016

• Over 6 million members in 120 countries through our networks

• The leading annual forum for business, investors, and policy makers on climate action


Our Mission

• The Business & Climate Summit Association (BCS Association) is a non-profit organisation that was created from the belief that business holds the key to meeting global carbon reduction targets; and that collaboration between business and government is critical to success.

• The BCS Association works with key partners to organise the annual Business & Climate Summit, a unique forum to facilitate the dialogues between business and government leaders in order to solve the climate change issues affecting our world. The Business & Climate Summit is the leading annual forum for businesses, investors and policymakers on climate action. It is where business and governments come together to agree on a roadmap for reaching net zero emissions over the next half century. It demonstrates how low carbon strategies are good for business and good for growth – and builds the partnerships needed to scale up and accelerate the low carbon transition.


Our History

• The BCS Association was formed following the historic first edition of the Business & Climate Summit in 2015 in the lead up to COP21. The first edition drew together over 2000 international high-level business leaders, policymakers and investors to Paris to demonstrate bold action, adopt forward-looking strategies and call for ambitious policies, allowing us to scale up climate change solutions.

• Since this successful first edition, the BCS Association has partnered with leadership organisations to bring to life subsequent editions of the Business & Climate Summit. Each edition contributes to the business community involvement in the fight against climate change through open, non-discriminatory, non-partisan debate, privileging diversity in opinions. The second edition of the Business & Climate Summit was held in London in 2016 and the third edition in New Delhi in August / September 2017.


Governance

• The General Assembly • Includes all members subscribed to the BCS Association. • Takes place at least once a year to:

- determine the venue, main objectives and guidelines of each edition of the Business & Climate Summit and appoint its organiser.

- approve the accounts for the previous financial year. • Takes decisions by a simple majority vote of the members present or represented. • The first 3 general assembly took place in Paris on 5 October 2016, 3 February 2017 and

13 October 2017

• The Board • Appointed for a two-year term by the General Assembly from amongst the BCS

Association members to reflect the diversity of the membership. They have been meeting regularly through 2016 – 2017.


Membership 2016-2017: 23 members

• Le Cercle de l’Industrie

• International Chamber of Commerce (ICC)

• ICC France

• MEDEF

• Paris Europlace

• The Shift Project

• The B Team

• The Climate Group

• United Nations Global Compact France

• World Business Council for Sustainable Development (WBCSD)

• We Mean Business

• World Economic Forum

• Association française des entreprises privées (Afep)

• ATEE (Association Technique Energie Environnement)

• Business for Social Responsibility (BSR)

• Cambridge Institute for Sustainability Leadership and

The Prince of Wales’s Corporate Leaders Group

• Casablanca Finance City

• Capacity Development for Climate Change Partnership

(C3D)

• CDP (formerly the Carbon Disclosure Project)

• Ceres

• Consumer Goods Forum

• Entreprises pour l’Environnement (EpE)

• International Federation of Consulting Engineers

(FIDIC)


Board Members

• Brice Lalonde BCS Association, President

• Entreprises pour l’Environnement, (Claire Tutenuit, General Delegate) BCS Association, Vice President

• We Mean Business, Vice President (Nigel Topping, CEO) BCS Association, Vice President

• FIDIC, Treasurer (François Baillon, FIDIC representative) BCS Association, Treasurer

• ICC, General Secretary (Majda Dabaghi , Senior Policy Executive) BCS Association, General Secretary


Bussiness & Climate Summits

• 2015: Paris, France Over 2000 high-level international participants

• 2016: London, United Kingdom

• 2017: New Delhi, India


First Edition – Paris 2015

• 200 days before UN Climate Change Conference in Paris, the May 20 – 21 Business & Climate Summit – also in Paris – provided a unique forum for business and government leaders to demonstrate bold action, adopt forward-looking strategies and call for ambitious policies, allowing us to scale up solutions.

• The Business & Climate Summit was an unprecedented mobilisation convening 25 business networks representing over 6 million companies from more than 130 countries; and together, they called for an alliance of all actors to lead the global transition to a low-carbon, climate resilient economy.

• French President, François Hollande, opened the Business & Climate Summit and called for business to take action, individual or collective, on the road to the Paris COP21.

• Business leaders and investors demonstrated the bold climate actions many of them are already taking, and called upon policymakers to:

o introduce robust and effective carbon pricing mechanisms on all emissions – including the elimination of fossil fuel subsidies;

o establish an alliance between business and governments leading to the integration of climate policies into mainstream economy;

o leverage public funds and private sector finance to de-risk investment towards low-carbon assets.

• The Summit concluded with a speech by the French Minister for Foreign Affairs, Laurent Fabius, who encouraged companies to share low-carbon innovation, commit to existing climate action initiatives, publish those commitments on the NAZCA platform and continue the dialogue with governments after COP21.

• More information available at: http://www.businessclimatesummit.com/paris-2015/


Second Edition – London 2016

• The 2016 Business & Climate Summit brought together leaders from business, government and finance to deliver real climate action. Building on the overwhelming success of the Paris edition of the Business & Climate Summit, the London edition set out a roadmap for how business, in the short, medium and long term, can take advantage of a swift transition to the net zero carbon economy.

• Notable speakers included executives of IKEA, Google, UBS, Engie, Total and Michelin.

• More information available at: http://www.businessclimatesummit.com/london-2016/


Third Edition – New Delhi 2017

• The third Business and Climate Summit (BCS) was inaugurated in New Delhi on August 31, 2017 with Dr. Harsh Vardhan, India's Minister of Science & Technology, Environment, Forest and Climate Change, Government of India, declaring that the time had come for the developed world to fulfil its moral obligation to assist the developing countries and demonstrate sincerity in tackling climate change.

• BCS was organized by FICCI (Federation of Indian Chambers of Commerce and Industry), in collaboration with the Ministry of Environment, Forest and Climate Change (MoEFCC), Government of India; Ministry of New and Renewable Energy (MNRE), Government of India and the Government of Sweden.


Balance

Budget overview

Real Annual Income Subscriptions 21 000 €

Legal Operations Cost

Legal Advice Creation of BCS 3 000 €

Registration of trademark 10 years (Name and logo) France/ usa/ India / colombia 8 090 €

Transfer of ownership for domain name 2 340 €

Transfer of ownership for logo and graphical charter 2 340 €

Legal registration french authorities 44 €

Total 15 814 €

Secretariat Operation Cost

business cards 42 €

Bank costs 92 €

Total 135 €

Travel Cost

Support to BCS3 preparation 3 109 €

Total 3 109 €

Balance (Income - expenses) 1 942 €

Expenses

Income


Budget overview

Legal Operations 83%

Secretariat Operation 1% Travel & Accomodation

16%

Expenses 2016-2017

For any question, please contact us:

[email protected]


Documents

ANNUAL REPORT 2017 Working together to build a better economy · France in 2015. The second edition of BCS was held in London in 2016. The third edition of BCS was held in New Delhi,