Novo Nordisk promotes global climate dialogue

(November 30, 2007)

In two years from now, world leaders will gather in Copenhagen to negotiate a global climate treaty for the coming decades.

Recognising the responsibility of business in tackling climate change, Novo Nordisk has joined two international climate dialogue initiatives leading up to the UN Summit in 2009: The Copenhagen Climate Council and ’the Road to Copenhagen’.

Both seek to promote a broad global dialogue and build momentum for reaching an ambitious and binding treaty in Copenhagen.

Innovation and sustainable growth

”Hosting the UN Climate Summit is a unique opportunity to demonstrate innovative Danish climate solutions but it also challenges us to demonstrate true leadership both in terms of political will, actions and concrete results. As business leaders, we must take action and engage in dialogue at a global level to contribute to reaching a new, binding climate treaty that involves all key countries and sets the targets that are necessary. This treaty may become the very foundation of sustainable growth in the future - therefore it is also our business”, says Lise Kingo, executive vice president at Novo Nordisk.

The Copenhagen Climate Council

The Copenhagen Climate Council is an independent global initiative gathering business leaders from Europe, the Americas, Asia and Oceania and leading politicians, authorities and scientists to help achieve an effective global climate treaty.

Over the next two years, the Council will work on presenting positive, achievable and innovative solutions to climate change, as well as assess what will be required to make a new global treaty effective. The Council will seek to promote constructive dialogue between government and business in Europe, the United States and Asia up to the Copenhagen summit.

Other councillors are: Virgin founder and CEO Sir Richard Branson, Vice Chairman and CEO of China Power International Development, Li Xiaolin, CEO of Grundfos, Carsten Bjerg, CEO of Danfoss, Jørgen Mads Clausen and president of DONG Energy, Anders Eldrup.

Read more: www.copenhagenclimatecouncil.com

The Road to Copenhagen: Interactive dialogue

The Road to Copenhagen initiative is hosted by EU Vice President Margot Wallström, Gro Harlem Brundtland, UN Special Envoy on Climate Change and Mary Robinson, Vice President of Club of Madrid and member of Global Leadership for Climate Action.

The aim of the Road to Copenhagen is to give civil society and business a voice in the UN negotiation process via an interactive website and a communiqué on climate change. The communiqué will be presented next week to lead negotiators of the UN Climate Summit in Bali.

Debate and dialogue continues up till 2009 on the website.

Other business members are: Fortum, IKEA, Osram, Reed Elsevier, SKF, Triodos Bank and Whirlpool.

Respect Table is a forum for corporate leaders who actively seek to create a new role for business in addressing common challenges and finding common solutions by linking the powers of markets with universal ideals for a more just and sustainable world.

A call for global leadership and advocacy

Through its membership of the WWF Climate Savers programme, Novo Nordisk has set an ambitious target to achieve an absolute reduction at 10% of the company’s global CO2 emissions compared with 2004. The climate strategy has three levers: continued energy efficiency gains as part of the cLEAN® programme, implementation of energy saving wherever possible and conversion to renewable energy.

However, while these reductions may make a significant contribution, leading Climate Savers also recognise an obligation to speak up and speak out to advocate for political solutions and help raise public awareness of the urgency to act now.

That is why Novo Nordisk also signed up to the United Nations-supported statement, ‘Caring for Climate: The Business Leadership Platform’, launched at the Global Compact Leaders Summit in Geneva in July. See more at www.unglobalcompact.org and read the statement.

Business leaders’ Bali Communique

On 30 January a group of global business leaders, alongside leading NGOs, issued a communiqué calling for the delegates at the meeting in Bali, leading up to the Copenhagen Summit in November-December 2009, for new and longer-term policies and solutions to tackle climate change.

This initiative was led by the WWF and the Cambridge University Programme for Industry, and endorsed by the Prince of Wales.

The communiqué was announced in international media and is also presented directly to political leaders in Europe, the United States of America, Japan and other major economies, as well as directly to the United Nations Climate Change Conference in Bali.

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