Business guide for engagement in climate policy

This new UN Global Compact report is intended to help companies to engage in climate-related policies that will create and support a stable global economy. The report proposes five core elements of responsible policy engagement: legitimacy, opportunity, consistency, accountability and transparency. It also suggests three actions to put responsible engagement into practice: identify the company’s climate change risks, opportunities, and policy influences, align words with actions, ambitions, and influences (both direct and indirect), and report on policy positions, influences, and outcomes.