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…
Why do we need carbon removals? According to current science, such as the IEA (International Energy Agency) and the latest report by the IPCC (Intergovernmental Panel on Climate Change), carbon removals are critical to addressing climate change. Reductions in emissions are essential, but not sufficient to stay below the 1.5 degree. Therefore, it becomes clear…
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.…
What is the IPCC? The Intergovernmental Panel on Climate Change (IPCC) is the United Nations body, presented by hundreds of scientists and other experts, that commissions expert reports on the state of the climate. Approximately every seven years the IPCC publishes a new Assessment Report (AR) within its assessment cycle consisting of four parts which…
CDP as a key player in climate reporting and other areas of sustainability Extended Partnership: CDP stands for one of the longest established and largest initiatives for sustainability reporting taking supply chains into account. Launched almost twenty years ago as the Carbon Disclosure Project, CDP has successively expanded its collection of climate-related data to include water…
Eine erfolgreiche Klimastrategie ermöglicht zum einen die Reduktion der Umweltauswirkung eines Unternehmens und zum anderen die Adaption des Unternehmens an die Risiken des Klimawandels. Herausforderung Klimawandel Der sich verschärfende Klimawandel stellt die Unternehmen vermehrt vor Herausforderungen. Nicht nur ändern sich die Anforderungen von Geschäftspartnern und Kunden (z. B. ein gutes Rating bei CDP), auch üben…
In the wake of the increasing impact of climate change, many firms have started to sell their products as “climate neutral”. For companies, this means at first reducing their greenhouse gas emissions as much as possible and then, fully offsetting the remaining emissions.But different countries have different requirements in this regard. In France, the Law to Combat Climate Change and Strengthen Resilience to its Impacts was passed demands much stricter regulation regarding the advertising of products with the label “climate neutral”. Discover how to market your products in compliance with French regulation.
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…
More and more companies commit to climate neutrality or net zero by a certain year. Corporates now have climate strategies and targets which are public and which include pledges that appear to significantly reduce, or even eliminate their contributions to global warming. Although, instead of reaching this goal, the corporates will only manage a reduction…
During the last couple of years, the number of climate neutral claims for individual products or by entire organizations has risen drastically. Numerous of such claims faced legal complications and government regulations, as seen for instance in France. Companies have gone even further by claiming to become climate positive or carbon negative in the near…
