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Focus area 3

Improve climate responsibility in trade and industry

One goal of the Danish Government is that businesses actively contribute to managing global climate challenges by reducing energy consumption and greenhouse gas emissions, and helping to develop and deploy global climate solutions. Businesses will play an important role in achieving an ambitious global climate agreement at the UN Climate Conference in 2009, which Denmark is hosting.

The Government also wants to support the work of businesses in preparing climate accounts and climate strategies. Finally, the Government is focusing on opportunities for businesses and sectors to reduce greenhouse gas emissions through climate responsibility partnerships.

The Government is implementing the following initiatives to improve corporate climate responsibility:

  • The Government is encouraging businesses to include climate responsibility in their reporting on social responsibility in their management review (see the legislative requirement under focus area 1).
  • Develop the Climate Compass in cooperation with the Confederation of Danish Industries – a web-based climate tool to assist businesses in preparing climate accounts and climate strategies.
  • Establish four climate responsibility partnerships in relation to investors, retail trade, construction and maritime affairs.