Those fond of fortune cookie wisdom may know the saying: study the past if you would define the future. It may sound obvious, but for business executives tasked with setting their company’s climate strategy, looking at the past and current landscape of corporate climate efforts is valuable in thinking about the future.
The world’s top decision-makers and leaders recently gathered in Davos to discuss what’s next on the agenda for the carbon-free industrial revolution
What a difference a year makes. On the eve of this year’s annual meeting at the famous Alpine ski resort, the World Economic Forum (WEF) released the findings of their annual global risks report. For the first time, climate change, or rather failure to mitigate and adapt to it, was cited by experts as the greatest risk facing our world.
Targets set by the Compact of States and Regions governments could cut the same volume of emissions as the world produced in 2012
Sub-national governments, from the cities and municipalities, to the states and regions, could be seen as basic cogs within the wider policy making machine of national government. Composed of uniform nuts and bolts, the cogs turn in steady, rhythmic fashion, responding to signals from the machine’s motherboard.
The reality is quite different. Within the machines of national government lies a vast and powerful engine room of inspiring climate action, especially at the local, sub-national level.
CDP welcomes new and old partners
If December’s historic Paris climate agreement tells us anything, it is that global climate action is only set to grow. Corporations that disclose their environmental information through CDP will continue the push towards a low-carbon marketplace.
The world has reached many important milestones related to climate change in 2015. The hottest ever recorded in human history, it was the year we crossed the symbolic threshold of over 400 parts per million of carbon dioxide in our atmosphere. Today we have a new milestone: national leaders have come to an historic and ambitious agreement in Paris that will enable us to realize the transition towards a clean economy and stop dangerous climate change.
Companies and investors are calling for robust policies that place a price on CO2 emissions that is high enough that companies can retool their operations and drive investment into low-carbon solutions. But the conversation often gets stuck when it comes to identifying the price levels that influence business calculations enough to change behavior and meaningfully cut greenhouse gas emissions.
Cattle products, palm oil, soy and timber products. These are four of the most in-demand commodities globally. They feature in the supply chains of countless companies from Indonesia to Finland, and end up in everyday products from lipstick to chocolate spread. With the world population continuing to grow, so will demand for these products.
When City Hall calls your business, there’s a good chance you won’t like the message it delivers. But in the case of climate change, those phone calls from City Hall may help local businesses do their part to change the world. At least that’s the hope in Vancouver and Cambridge, MA, two cities that are pioneering new ways for cities and local companies to collaborate.