Companies such as Vattenfall and Allianz have helped to form a global alliance of firms to promote and advance a post-Kyoto framework for affecting change at the levels of policy and industry, particularly with regard to creating sustainable energy systems necessary for achieving economic growth.

Signatories of The Path to Climate Sustainability: A Joint Statement by the Global Roundtable on Climate Change hail from a range of sectors and industries, including air transport, energy, technology, insurance, banking, and many others, from across the globe.

The statement – endorsed by Allianz, Bayer, Citigroup, DuPont, General Electric, Vattenfall, Volvo, and many others – calls on governments to set scientifically informed targets for greenhouse gases and carbon dioxide (CO2) emissions. The agreement also urges governments to place a price on carbon emissions and to set forth policies aimed at addressing energy efficiency and de-carbonization in all sectors.

Calling climate change an urgent problem, the statement lays out a proactive framework for global action to mitigate risks and impacts, while also meeting the global need for energy, economic growth and sustainable development. It outlines cost-effective technologies that exist today and others that could be developed and deployed to improve energy efficiency and help reduce CO2 emissions and other greenhouse gases in major sectors of the global economy.