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With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. International shipping accounted for 2% of global energy-related CO2 emissions last year, according to the International Energy Agency (IEA). What progress has the IMO made?
Financial Gains and Competitive Advantage While consumer demand and regulatory pressures remain drivers, financial and operational benefits are increasingly steering sustainabilityinvestments. Additionally, 30% view sustainability as a means to enhance supply chain resiliencea critical attribute in an era punctuated by disruptions.
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I needed to be back in Toronto to present our latest sustainableinvestment research to attendees at a summit hosted by the Principles for Responsible Investment , whose signatories manage US$121 trillion in assets. While the die is cast on the direction of travel of our globaleconomy, we can speed it up.
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