How are businesses remaining steadfast on their net-zero commitments & successfully managing carbon strategies in the face of increased volatility, shifting priorities and regulatory opaqueness?
During the open discussion we examined the intersection of science, business and climate finance. We explored how corporates are pulling on various levers, at what speeds and in what order to reduce, remove and abate their scoped emissions to align with their climate targets.
We've included some of the key inputs below...
- Corporates need a safe, candid space to discuss their strategies, experiences and evolving science
- "Safer to do nothing" is a short-lived strategy, given the liabilities and cost curve that we’ll be faced with in 2030
- We should not be lowering our ambitions, given market perceptions and consultation, but pushing forward
- Debate on whether scope 3 is really a focus area vs focusing on scope 2 and green electrification for supply chain
- Financing is available, with banks ready to deploy, we just need to connect buyers to relevant high-integrity projects
- Building in pricing and applying risk management/ scenarios t is crucial, especially with likes of CDRs
- We need signals, not noise, with clear standards and traceability to really unlock growth
