Net-zero and Climate Change Initiatives

The journey to Netzero

Key elements that got us all talking and working to net-zero…

The Sustainable Development Goals (SDG’s)

The Sustainable Development Goals (SDG’s), also known as the Global Goals, were adopted by all United Nations Member States in 2015 as a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030.

Through the pledge to Leave No One Behind, countries have committed to fast-track progress for those furthest behind first. That is why the SDGs are designed to bring the world to several life-changing ‘zeros’, including zero poverty, hunger, AIDS and discrimination against women and girls.

ESG’s

ESG stands for Environmental, Social and Governance – three categories that enable businesses to measure the real sustainable and societal impact of their outputs. These target areas need to see genuine, persistent improvement for us to experience real positive change in the workplace and the world around us.

E, environmental criteria, includes the energy your company takes in and the waste it discharges, the resources it needs, and the consequences for living beings as a result.

S, social criteria, addresses the relationships your company has and the reputation it fosters with people and institutions in the communities where you do business.

G, governance, is the internal system of practices, controls, and procedures your company adopts in order to govern itself, make effective decisions, comply with the law, and meet the needs of external stakeholders.

McKinsey Quarterly, Nov 2019

The 17 SDGs are integrated—that is, they recognize that action in one area will affect outcomes in others, and that development must balance social, economic and environmental sustainability.

Why ESG Matters to the C-Suite

While ESG factors are at times called ‘non financial’ or ‘extra-financial’, how a company manages them can have financial consequences and impacts on business value, including:

  • Access to capital
  • Cost savings and productivity
  • Risk management 
  • Revenue growth and market access 
  • Brand value and reputation
  • License to operate 
  • Human capital and employee retention and recruitment 
  • Company value as an acquisition target 
  • Ability to acquire other high-quality companies

Investor Value

  • Global sustainable, responsible and impact investing grew by 25% between 2014 and 2016 to $22.9 trillion
  • 75% of active individual investors surveyed show interest in sustainable investing
  • 49% of shareholder resolutions filed in 2017 focused on environmental and social factors

Business Value

  • By 2050, sustainability-related business opportunities are expected to reach $3 trillion – $10 trillion annually or up to 4.5% of global GDP
  • 66% of consumers globally report they are willing to more for products from companies committed to sustainability

Morgan Stanley – Institute For Sustainable Investing – Communicating ESG to the 21st Century Investor

Want to know more about ESG’s and the Impact of Covid19, read our article!

Corporate Social Responsibility used to be a ‘luxury’ businesses liked to speak about, but were often a veneer. Not anymore. Environmental, social and governance (ESG) is becoming the lens through which a business is judged by its consumers, workforce, society and increasingly its investors.

*pwc.co.uk – megatrends – climate change and resource scarcity

Giants who have all pledged towards net-zero goals:

Net zero across BP’s operations on an absolute basis by 2050 or sooner.

February 2020

To become a net zero bank

July 2020

The world’s first building materials supplier to commit to hitting net zero emissions by 2050.


October 2020

‘Transform to net-zero’, the group plans to recruit other members and will work with the Environmental Defense Fund and focus on delivering guidance, research and blueprints for businesses to achieve zero carbon emissions no later than 2050.

At NETZERO, we can help your company formulate and communicate your Net Zero strategy as part of your organization’s climate journey. 

GET IN TOUCH TO FIND OUT HOW WE CAN WORK WITH YOUR PROJECT

51 BILLION TO ZERO
Emissions may have dropped by about 5% in 2020 due to the pandemic but 51 billion = number of tons of greenhouse gases typically added to the atmosphere each year as a result of human activities. Zero = number of tons we need to get to by 2050 to avert a climate crisis – Bill Gates – How to Avoid a Climate Disaster
– Feb 2021

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