Climate Risk & Economics
Achieving net zero emissions by 2050 will require businesses to decarbonize and spend approximately USD 275 trillion on physical assets over the next three decades. This amounts to around 7.5% of global GDP annually for the same period.
Renewable Energy
Due to the climate crisis, reducing reliance on fossil fuels has become one of the top priorities for many companies. One promising solution is green hydrogen, produced using renewable energy, which holds potential as a versatile fuel and energy source.
Climate Risk & Economics
Heavy industry materials, such as chemicals, steel, and cement, have a huge influence on our daily use of vehicles, buildings, and medical supplies. However, achieving carbon neutrality in its processes presents a massive challenge due to the substantial energy and heat requirements.
Climate Risk & Economics
The global temperature has surpassed 1.5°C throughout the entire year for the first time. This represents that businesses are struggling to uphold their strategies against sustainability challenges and face increased responsibilities to mitigate long-term impacts.
Climate Risk & Economics
Electric vehicles (EVs) have gained enormous attention in the last decades due to their environmentally friendly features. However, the charging infrastructure has not kept pace to complement the growing demand, leaving ample room for companies to explore cars with wireless charging options.
Renewable Energy
G20 nations, currently with 90% of the world's renewable capacity can triple it by 2030 through swift policy implementation. However, it is crucial as well for other nations, especially those in the developing world, to boost their renewable energy investments to fulfill its growing demand.
Climate Risk & Economics
In recent years, there has been a notable rise in the global commitment to achieving net zero. However, this widespread effort needs substantial contributions from businesses to become net zero-ready.
Climate Risk & Economics
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.
Climate Risk & Economics
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.
Climate Risk & Economics
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 Change
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.
Climate Risk & Economics
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.