7 August 2025
The environment we live in plays a major role in our collective wellbeing – but it also supports our economy. Rising global temperatures present a huge risk not only to our health, ecosystems, wildlife and food supply but also to our economy and ability to thrive in a future worth retiring into.
That’s why we’ve signed on to Business for 75, a coalition of forward-thinking businesses calling for at least a 75% reduction in Australia’s emissions by 2035. A stable climate underpins everything from community health to economic resilience.
This campaign is proudly led by our parent company, Future Group, along with major players like Fortescue, Volvo, Bank Australia and Ben & Jerry’s.
This campaign comes at a pivotal time. In late July, our CEO joined a high-level roundtable in Canberra with Climate Minister Chris Bowen and UN Climate Chief Simon Stiell, alongside leaders from major businesses including IKEA, Volvo and Unilever. The message was clear: business is ready for bold action, and the government needs to keep up.
A new report launched at the event (called Australia’s 2035 NDC: A Robust Climate Target for Economic Certainty and Global Credibility, if you’re keen to read more) confirms it: a 75–85% emissions reduction is not just possible, it’s the smartest economic move Australia can make.
Later that evening, Minister Bowen appeared on ABC’s 730 show, where he reinforced the point: setting a strong, science-based target is good economic policy and essential for national security. He also announced expanded support for renewable energy projects, adding momentum to the transition.
Why this matters to us
Health and climate are deeply connected. Rising temperatures, extreme weather events, and air pollution all pose serious risks to public health. We’ve seen how this impacts the communities our members serve.
Supporting a strong national emissions target is one way we can help shape a future where community health is protected and supported by a stable climate. It’s about creating the right conditions for people and businesses to thrive.
What is Business for 75?
Business for 75 is a business-led climate campaign calling on the federal government to adopt a minimum 75% emissions reduction target by 2035. It’s backed by respected companies across multiple sectors and driven by a shared belief: strong climate policy is good for the economy and essential for Australia’s future.
Independent climate modelling shows that weak action could result in as much as $6.8 trillion in lost GDP by 2050. But if we act now, with a credible plan and a shared commitment, we can build an economy that is cleaner, more resilient and more prosperous.
The 75% target is the minimum emissions cut, compared to the 2005 baseline, that scientists say is needed to avoid the worst impacts of climate change. 2005 was a peak emissions year, so it doesn’t feel like too much to ask.
It aligns with commitments under the Paris Agreement, being the minimum required for Australia to avoid the worst impacts of climate change. Impacts we’re already seeing.
Looking ahead
We’re proud to stand with other values-driven organisations calling for federal leadership on climate. A strong target gives businesses the certainty they need to invest in the solutions we all depend on.
We believe our members value this kind of leadership. Whether you’re managing a business or supporting patients in aged care, a safer, healthier environment benefits us all.
Learn more or see who else has joined the campaign at businessfor75.com.au