The authors conclude this issue of Amplify by analyzing systems for governing greenhouse gas (GHG) emissions in markets in the US. They argue that public-private partnerships (PPPs) have the potential to fill the void in market governance left by the failure of the government to enact comprehensive climate change legislation. The authors highlight the Science Based Targets initiative (SBTi) as a tool that provides companies and other organizations with the means to make specific, credible plans to achieve decarbonization. They argue that aligning PPPs with SBTi target setting would be an effective mechanism to accelerate carbon emissions reductions.
Article
Plan B: Linking Public & Private Governance Systems for Climate Change Mitigation
Posted April 26, 2022 | Sustainability | Leadership | Amplify
About The Author
Sally R.K. Fisk is VP and Assistant General Counsel (AGC), Chief Counsel of Environmental & Sustainability Law at Pfizer, Inc. In this role, she leads the team providing strategic legal counsel in protecting the company’s employees, communities, and the environment and in promoting compliance with domestic and international environmental, health, and safety (EHS); sustainability; and human rights requirements; as well as emerging… Read More
Michael G. Mahoney is Visiting Scholar at the Environmental Law Institute, where he researches private environmental governance approaches. Previously, he was VP and Assistant General Counsel, Chief Environmental Compliance Counsel at Pfizer Inc. Mr. Mahoney developed the business case for Pfizer’s Environmental Sustainability Program, leading the program in 2009–2010. He also was responsible for launching Pfizer’s Climate Change and Energy… Read More
Michael Vandenbergh is the David Daniels Allen Distinguished Chair of Law at Vanderbilt University Law School; Director of the Climate Change Research Network; and Co-Director of the Energy, Environment, and Land Use Program. An award-winning teacher, he has published widely on private environmental governance and household energy use. Prior to joining Vanderbilt, Mr. Vandenbergh was a partner at Latham & Watkins in Washington, DC, and… Read More
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