Effects of climate change include:
Hotter temperatures
Increased drought
More severe storms
A warming, rising ocean
Loss of species
Not enough food
More health risks
Poverty and displacement
Climate change could wipe off up to 18% of GDP off the worldwide economy by 2050 if global temperatures rise by 3.2°C, the Swiss Re Institute warns.
Climate change could directly cost the world economy $7.9 trillion by mid-century as increased drought, flooding and crop failures hamper growth and threaten infrastructure, new analysis showed…
Climate change can be curbed, but it requires massive investments in green technologies and low-carbon renewable energy sources. An estimate from the World Bank finds that climate inaction could reduce global GDP by at least 5 percent annually while the price of the necessary action is set to 1 percent of global GDP annually.
Climate change is an existential threat and market failure. However, achieving net zero emissions by 2050 and limiting global warming to 1.5 °C is possible, and can be an incredible opportunity.
Here is a link to the International Energy Agency’s Roadmap to Net Zero Emissions by 2050, along with the infographic alongside.
“To contribute to societal net-zero goals, companies must deeply reduce emissions and counterbalance the impact of any emissions that remain. The SBTi Net-Zero Standard defines corporate net-zero as:
• Reducing scope 1, 2, and 3 emissions to zero or to a residual level that is consistent with reaching net-zero emissions at the global or sector level in eligible 1.5°C-aligned pathways
• Neutralizing any residual emissions at the net-zero target year and any GHG emissions released into the atmosphere thereafter.”
See the SBTi Corporate Net-Zero Standard here.
We can support your business to meet its climate goals by:
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Prioritising Climate Change
Building awareness of the climate emergency and the impact on your business within your teams, key decision makers and stakeholders.
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Implementing the Strategy
Sourcing and starting initiatives
Identifying barriers and roadblocks
Equipping teams
Fostering innovation
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Ensuring action
Adapting existing processes
Building monitoring systems
Collaborating with peers; across industries, sectors and geographies
PROTECT VALUE | CREATE VALUE | ENABLE VALUE CREATION | TURN AMBITION INTO ACTION |
PROTECT VALUE | CREATE VALUE | ENABLE VALUE CREATION | TURN AMBITION INTO ACTION |
We can help you to:
Build teams and a board of directors with climate capacity
Respond to challenges facing your climate implementation plan
Plan for the climate and sustainability reporting requirements your business will be subject to
Know your stakeholders and their demands
Source collaborators and partners to accelerate the low carbon transition in your industry