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Finance professionals make up a fraction of the global population but are positioned to make and incentivize decisions that can shape the trajectory of the globaleconomy," observed Ogechukwu Anyene, energy consulting manager at PowerAdvocate, who was part of the Emerging Leaders cohort at GreenBiz Group’s inaugural GreenFin event.
There are a number of definitions of net zero and how companies can achieve it. Only a fundamental transformation of our globaleconomy will allow us to limit global warming to 1.5°C. 2030 is not far away. It’s vital that we build sustainability into the very nature of how we do business.
The SBTi is part of the World Resources Institute (WRI) Center for Sustainable Business and a collaboration of WRI, the Carbon Disclosure Project (CDP), the World Wildlife Fund (WWF) and the UN Global Compact. More than 70 countries , including the biggest polluters — have set a net-zero target, covering about 76% of global emissions.
Highly respected institutions such as the International Energy Association (IEA) and the Energy Transitions Commission (ETC) remain upbeat that the shift to a net zero globaleconomy is possible and well underway. Many companies are making incredible progress and charting the course for others to follow.
If this happens, it will not be difficult for many to see how this emerging paradigm of leadership could change the global conversation and global probabilities for success in reversing climate breakdown. . Global businesses should apply this foundational principle to the private enterprises that public authorities charter.
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