"UN Global Compact Welcomes Historic Climate Agreement Adopted by 195 countries in Paris at COP21"

…The ambition of political leaders to hold ‘the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5 °C,’ clearly demonstrates the political will to address the climate change threat. We believe the Paris Agreement sends the right market signals which will provide predictability, unlock capital, drive innovation and reward responsible business…The private sector should also be applauded for inserting good business practices into the COP21 process…Coming out of Paris, we need 100% participation by the private sector. We must increase the pace and ambition of corporate sustainability as the risks and opportunities are now even more apparent…We must continue the solidarity and unity that has brought the global community together in order to move from negotiations to implementation and create the world that we want to live in...