“Greenhouse gas emissions threaten climate change. One-third of the world’s people have no access to basic services. Industrialization in developing countries often means poor working conditions and can pose new environmental threats.” “Global corporations are often criticized for aggravating global problems. But they can also provide many of the skills and resources that can solve them.” At the corporate level, ABB is involved in a number of global and regional collaborations: working together to solve these problems. From talk to action: taking billions of tons a year out of the global greenhouse In 1998, ABB made a proposal at the international congress of the World Energy Council (WEC): set a target to reduce greenhouse gas emissions, and then take actions to meet it. The WEC Pilot Program on Greenhouse Gas Emissions Reductions began work, under ABB’s leadership, in February 1999. It reached its initial target, to demonstrate a one-billion-ton (CO2 equivalent) annual reduction by 2005, well ahead of schedule in April 2001. The target has been revised upwards to two billion tons annually by 2005, though even this now seems modest. By the start of 2002, annual savings had reached 1.6 billion tons (see page 39). One of the most valuable outputs of the WEC program is its database – a registry of nearly 900 emissions-reduction projects in 100 countries. Accessible on the worldwide web, the database allows ideas to be shared and opens for inspection the achievements of individual companies, as well as the global energy industry. The project was praised by Klaus Töpfer, executive director of the United Nations Environment Program, in his message to climate-change negotiators in Bonn on June 29, 2001. “We must do more, we have to do more. But the march to a less polluting world has begun,” he said. www.worldenergy.org