The Real Economy portfolio operates at the forefront of accelerating the corporate transition needed to meet the 1.5°C global warming threshold, focusing particularly on road transport and the built environment: two sectors where corporate actions reaches the greatest numbers of people.

Net-zero targets have now been announced by many companies all around the world, but only few companies have yet communicated credible and transparent transition plans and there is a clear need for improvement of the corporate accountability infrastructure to ensure the delivery on these plans.

While progressive corporate climate policies have been introduced, including in road transport and buildings, in global north countries and regions like the US and Europe, stimulating for example the sales of electric vehicles, we can see a widening gap in the Global South. Here, too often, essential regulations, market conditions, investments and accountability are lacking to leapfrog to clean technologies, with significant social and health benefits.

Our mission is to bridge these gaps by stimulating adherence to high corporate standards, fostering multi-stakeholder dialogue and commitments and supporting ambitious policies and action. We support and amplify corporate leaders in their positive climate change advocacy efforts. At the same time, we recognise the need to address corporate accountability gaps and collaborate with system-change enablers to guide companies, benchmark transition plans and deliver data that can influence behaviour.

Our initiatives already extend to emerging economies like Indonesia and Brazil, and we are exploring more opportunities in the Global South. As we expand into new territories, we remain committed to shaping a decarbonised and just future through strategic partnerships and innovative solutions.