Climate Leadership Coalition (CLC), which develops business-driven solutions for climate change, has accepted pension insurance company Elo, gas transmission company Gasgrid Finland, the Finnish Bus and Coach Association, and wind power company Vestas as organisational members.

These new members bring the number of CLC organisational members to 81. Elo, Gasgrid Finland, the Finnish Bus and Coach Association and Vestas strengthen CLC’s position as Europe’s largest climate change business network. With the Danish company Vestas joining, CLC’s membership continues to grow in the other Nordic countries as well.

“Elo is committed to aligning its investment portfolio with the Paris Agreement and wants to be an active operator in the decarbonisation of the real economy. We recognise that the transition will not be successful without strong cooperation from all stakeholders. This will challenge all of us – investors, companies, consumers, countries and regulators to act together to achieve the joint goals. We have considered climate risks and opportunities in our investment operations for several years already and are strongly commited to developing our operations. We are looking forward to actively participating in the work of the CLC network,” says Satu Huber, CEO, Elo.

“Gasgrid’s vision for 2035 is that gases enable a carbon-neutral society. We develop the infrastructure and associated market to support society and our customers in the transition towards carbon neutrality. We aim to contribute to CLC’s work by bringing our expertise into the discussion and jointly elaborating and sharing practical solutions to challenges,” says Olli Sipilä, CEO, Gasgrid Finland.

“The Finnish Bus and Coach Association represents 180 company members. We promote for cleaner transport and especially decarbonisation, for instance roadmaps, by changing the motive power to electric buses. We are committed to and actively participated in Finland’s goal to halve transport emissions by 2030 compared to the 2005 level. We believe that cooperation with other CLC members will improve our chances to reach our climate goals,” says Mika Mäkilä, CEO, the Finnish Bus and Coach Association.

“At Vestas, our goal is to build a more sustainable future by transforming the global energy system. We have installed more wind power than anyone else, but our ambitions stretch far beyond the parameters of installed capacity. The energy systems of tomorrow must be supported by industry leaders that can operate sustainably, and it is for this reason that we have committed to becoming carbon neutral by 2030, and to eliminating waste from our value chain. We are excited to begin this journey with CLC, and to share our learnings as a leader in renewable energy,” says Henrik Andersen, CEO, Vestas.

The number of personal CLC members is now 36. The latest personal members to have been accepted are Aila Aho, Antti Herlin, Jaakko Hirvola, Hannu Korhonen ja Pekka Pesonen. Aila Aho is a member of the EU’s Platform on Sustainable Finance. Antti Herlin is chairman of the Board of Directors of KONE and one of the founders of CLC. Jaakko Hirvola is CEO of Technology Industries of Finland and Chair of the Orgalim Board of Directors representing European technology industries. Hannu Korhonen is former Chief Strategy Officer of Stora Enso. Pekka Pesonen is the Secretary-General of Copa-Cocega representing EU farmers.

“I have been active in CLC since its early days. CLC has done important work in promoting climate change-related economic and methodological issues. It is an honour to join CLC as a personal member,” says Aila Aho

“CLC and its members have proved that climate change mitigation creates profitable business opportunities for companies. As CLC’s network expands, its international leverage grows. It is a joy to join this group as a personal member,” says Antti Herlin.

”There are several elements in CLC’s work that could be utilised wider in the EU and internationally. The market-based climate policy proposals CLC has been promoting are widely supported within the technology industry and associations, and I believe that the carbon handprint concept is gaining traction as well. I am very pleased to be able to join CLC as a personal member as well,” says Jaakko Hirvola.

”Biomaterials and the bioeconomy will have a growing role in mitigating climate change. It is excellent that these two areas are at the core of CLC’s work. It is a joy to become a member,” says Hannu Korhonen.

”CLC is doing important work in developing business solutions for climate mitigation. Climate change cannot be mitigated unless it is profitable business, more attractive than the current one. CLC has excellent proposals for land use and the bioeconomy that emphasise the need for a holistic strategy and long-term policies. I am honoured to join CLC network as a personal member,” says Pekka Pesonen.

Chair of the CLC Board, Karl-Henrik Sundström, welcomes the new members to the CLC network.

“Our growing membership and partner network offers CLC more opportunities to support policymakers in Finland and the other Nordic countries in their fight against climate change, as well as the EU in planning and implementing the European Green Deal. The continuing expansion of our membership in the other Nordic countries is also a significant factor for CLC,” says Karl-Henrik Sundström.

CLC is a non-profit association and its members employ 450,000 people globally. CLC’s corporate members represent almost 70% of the market cap of OMX Nasdaq Helsinki. CLC’s members believe that a transition by society towards a sustainable economy and consumption habits is not only possible but also economically viable.

For more information, please contact: Jouni Keronen, Chief Executive Officer, Climate Leadership Coalition, +358 50 453 4881 and Kari Mokko, Development Director, Climate Leadership Coalition, +358 40 751 3281.