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In 2008 Mark Lynas , a science writer, published his book Six Degrees: Our Future on a Hotter Planet. Enough strategy drivers point in this direction: cost of capital, license to operate, operational risks, investor and consumer preferences, strandedassets and the ability to attract talent. A system change compass.
The new strategy introduces crucial new “indicative checkpoints”: a 20-30% reduction in emissions from international shipping by 2030, and a minimum 70% reduction in emissions by 2040, relative to 2008 levels. Some companies will start acting and some won’t; there’s more risk of strandedassets.” What role should investors play?
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