In 2024, it is inevitable for companies to prioritize sustainability in order to remain competitive, resilient, and responsible. It is a strategic imperative that affects every aspect of corporate performance, from reputation and risk management to innovation and growth. Looking at the new year, this blogpost will highlight three of the most important corporate sustainability…
What is a Climate Transition Plan? A Climate Transition Plan is the organization’s roadmap in navigating and leading the shift towards a more sustainable, low-carbon future. This plan encompasses a comprehensive action plan, outlining the transformation of a company’s assets, operations, and business models, with an ultimate goal of achieving net-zero emissions by the year…
COP28, the 28th session of the Conference of the Parties to the UN Framework Convention on Climate Change, was held in Dubai from 30 November to 13 December 2023. It was the first COP to take place in the Middle East, a region highly vulnerable to the impacts of the climate crisis. The main objective…
The WEF Global Risks Report 2022 is an annual publication that identifies the key risks the world could face over the next decade. This year’s report emphasizes the urgent need for global cooperation and collective action to address the challenges of the climate crisis, cyber threats, the mobility revolution, and space exploration. The report is…
Originally scheduled for 2021, the United Nations Climate Change Conference, also known as COP27, was rescheduled due to the COVID19 pandemic and now held in Sharm El Sheikh, Egypt, starting on 06. Nov. 2022. After a 40 hour delay the negotiating countries finally came to an agreement in the early morning of Sunday 21. Nov.…
Ambition In late 2021, a global survey from Deloitte asked over 2000 CxOs across 21 countries about their motivation to tackle climate change, the ambition of their organizations and the impact of their actions. The survey showed the following results relating to the motivation behind climate action: Approximately two-thirds of executives answered their organizations are…
After three years of Covid, people around the world are undoubtedly tired of sliding from one crisis to the next. Especially compared to the ongoing pandemic and the Ukrainian war, other global crises seem to lose importance. Experts emphasize the danger of ignoring surfacing warning signs. Besides the ongoing pandemic, supply chain disruptions, inflation, debt,…
Every year on April 22, the World Earth Day is celebrated. This year’s motto „Restore our earth“ aims at emphasizing the potential of natural systems, developing green technologies, and innovative ideas that can revive the world’s ecosystems.
Carbon emissions in the supply chain can be fundamentally higher than those of a company’s operational carbon footprint. When discussing corporate emissions, most of us automatically start looking at electricity and other operational emission sources. But it is the Upstream Scope 3 emissions, and therewith the supply chain emissions, that often make up the largest…
Every year on April 22, Earth Day is celebrated in over 190 countries. Year after year, a new focus is set. This year’s motto is to take climate action – i.e. to mobilize the world to take the meaningful actions to limit global warming. What is the Earth Day? In 1970, Earth Day was born…
