Foundation 2° is a joint initiative of German companies in various economic sectors. The foundation aims to encourage policymakers to adopt effective, market-based tax and energy policies that harness the innovative potential of the private sector to encourage decarbonization. The name of the foundation is informed by its overarching goal: to limit the rise in average global temperatures to well under 2° Celsius. The foundation is supported by the following companies: AIDA Cruises, ALDI SÜD Dienstleistungs-GmbH & Co. oHG, BSH Hausgeräte GmbH, DAIKIN Airconditioning Germany GmbH, Deutsche Bahn AG, Deutsche ROCKWOOL, Deutsche Telekom AG, Gegenbauer Holding SE & Co. KG, Otto Group, OTTO FUCHS KG, PUMA SE, Schüco International KG, and Schwäbisch Hall-Stiftung bauen-wohnen-leben.