CEOs from 79 companies and 20 economic sectors under the World Economic Forum have released the CEO Climate Leadership for Automotive Statement on December 10th, 2015. The Declaration was written on the occasion of the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21/CMP11) in Paris, France from November 30 to December 11. 2014.

The CEOs of the global light and heavy duty automotive industry made an important commitment to sustainable mobility with a public declaration to decarbonize automotive transport.

CEOs of 13 different companies, originally based in the U.S., China, India, Japan, France, Germany, Italy, and Sweden, came together for this commitment to the vision of decarbonizing automotive transport.

The CEOs pledge to seek safe, responsible and sustainable ways to meet the growing demands around the world. They commit to catalyze combined action and initiatives from the automotive industry sector, policymakers and stakeholders to deliver solutions and innovations in products, services, operations and policies that maximize the benefits of mobility while mitigating the impact to the environment.

Actions under the commitment include prioritizing R&D efforts to increase the fuel efficiency of the internal combustion engine, advocating for policies that place a value on GHG reduction, and harnessing the potential of new technologies, digitalization and the sharing economy to provide new and flexible opportunities for transport.

For more information, please see the CEO Climate Leadership for Automotive Statement or the blog post, “Why the global auto industry is stepping up to the climate change challenge,” by Alex Molinaroli.