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Acting on our company vision, we will innovate sustainable solutions that enable the hydrogen economy, enhance the electrification of vehicles, find new solutions that leverage our low global warming potential (GWP) refrigerants and more. . Whatever you are doing on this Earth Day to make a difference – thank you!
Academics at MIT Sloan School of Management say the lack of standardization on ESG scoring is leading to “aggregate confusion,” according to a recent report. Daniel Schmid, ChiefSustainabilityOfficer, SAP SE. The approach paves the way to achieving goals like our commitment to net-zero emissions by 2030.
The core question is: what must policymakers, corporates and investors do to make good on last year’s pledges and commitments to keep the world on track for netzero by 2050? More tangible definitions and frameworks around carbon pricing are a pre-requisite step, albeit an insufficient one, toward achieving netzero, panellists agreed.
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Currently, just 5% of businesses have assigned responsibility for setting the strategic direction on sustainability action to their organisations CFO. Instead, it falls to an array of other leaders, including the Board of Directors (25%), CEOs (21%), ChiefSustainabilityOfficers (15%) and Chief Operating Officers (10%).
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