Climate Risk & Economics
The COP28 began with deliberations on loss and damage; however, the final agreement to 'transition away' from fossil fuels overshadowed the entire summit.
Sustainability Consultant
We all enjoy the festive season and often express our joy through the act of gift-giving. Unfortunately, these gift wraps, if not used in eco-friendly packaging contain mostly plastics.
Renewable Energy Investment
An energy company, Soleolico, revealed the world's first solar-powered windmill in October of this year. This wind turbine with photovoltaic panels integrated into rotating blades merges the best of both energy sources, ensuring continuous electricity generation.
Sustainability Consultant
Climate-conscious companies reporting on Scopes 1-3 emissions are now realizing that such reporting is not sufficient without the inclusion of Scope 4 emissions.
Sustainability Consultant
Millennials and Gen-Z are willing to accept lower pay for the opportunity to work with an environmentally responsible company. One department the companies could focus on is transportation by showing commitment to EVs, emphasizing the clear difference between hybrid vs electric car.
Climate Risk & Economics
The market value of the carbon credits is expected to exceed $50 billion in 2030. Many businesses globally are endorsing carbon credit strategies to meet their net zero target. However, the scheme has equally gathered a handful of criticism for not being transparent.
Renewable Energy Investment
Only one wind turbine is needed to match approximately 48,704 solar panels to generate the same amount of electricity per kilowatt-hour (kWh). But does that mean it is the winner?
Sustainability Consultant
The green skills gap— the majority counting within the field of renewable energy is on track to impact seven million workers by 2030 globally, out of which more than 70% belong to the top ten carbon-emitting economies.
Renewable Energy Investment
The challenge of solar energy is not only the initial installation cost but includes environmental pollution linked to manufacturing, heavy dependence on weather conditions, lower efficiency of cells and limited energy storage capabilities.
Climate Risk & Economics
On Saturday, the 9th of September, the G20 group held their annual meeting in India. The world eyed their moves, hoping to hear a commitment to renewable energy sources and increase funding for climate change solutions— but did they?
Renewable Energy Investment
Energy consumption is currently responsible for over 75% of greenhouse gas (GHG) emissions because non-renewable choices have continued to dominate global energy reservoirs for a long time. Adopting renewables can change this course and also bring down energy costs enormously.
Sustainability Consultant
The heat stress could lead to the loss of 80 million full-time jobs by 2030 globally— that is equivalent to USD 2.4 trillion. For businesses, the time has come to understand the impact of heat waves and be fully prepared to execute their prevention strategies.