Many of the world’s leading companies have made major strides in addressing climate change over the last decade. By establishing climate targets, they pushed themselves to look harder at energy waste and found money lying on their factory floors. These success stories have been celebrated, but far more needs to be done to avoid the dangerous and irreversible risks to society and businesses from climate change as global temperatures continue to rise.

A new report from WWF and CDP—The 3% Solution: Driving Profits Through Carbon Reductions—helps U.S. businesses chart a new path forward. This path is tremendously profitable, practical and helps curb climate change.