October 2, 2024
Source: World Economic Forum
Photo / Image Source: Unsplash,
A Note from the Editor
At Shidonna Raven Garden & Cook, we are committed to helping our Partners, Champions, Members and Readers start off the New Year with New Climate Change Resolutions that can impact their Clients, Customers, Communities and dare we say our planet for generations to come. Enjoy this series which provides a synopsis of current Climate Change efforts. These are stellar examples to follow as you and your Company Craft where your Climate Change Plans, Strategies and Goals will take you in the World in 2025.
We understand that commitment to Climate Change is a long-term goal. Remain encouraged. Saving the World from Climate Change won't happen over-night, but your company is part of that one way or the other.
As you review, utilize and implement the resources here consider the products and the services your company provides to the world. Also consider who your Partners are. From beginning, sourcing, to your end-product how does and how can your company positively impact the community it is in and the surrounding communities and the World.
- Shidonna Raven, SRG&C, Chief Editor.
The Climate Change Stockade Series - New Year, New Resolutions 2025
The Corporate Climate Stocktake offers a unique snapshot of corporate climate action today and examines what this means for delivering emissions reductions tomorrow.
Sector-specific findings
In the run up to COP28, we will release the full series of in-depth, sector-specific findings.
System constraints and commercial realities
While signs of progress are everywhere, action to cut emissions is not happening fast enough. Global energy-related CO2 emissions are still growing, driven primarily by the burning of fossil fuels. Despite the numerous success stories, we are not getting fossil fuels out of the economy at the pace science says is required. Overall, business leaders remain concerned about the progress of the transition. Under current conditions, over 30% of those surveyed conclude that their company will still be reliant on fossil fuels into the 2050s. This is despite many having set net zero targets well ahead of this date.
In every sector, business leaders point to a range of transition barriers which are holding them back – from the availability of infrastructure to the realities of commercial incentives. While we can be cautiously optimistic about the pace of transition in some sectors, even ambitious companies at the forefront of innovation are struggling to meet science-based targets. For many, accelerating clean energy investment runs up against market fundamentals – there is a limit to the scale and size of the green premium available for low carbon steel, cement, and sustainable aviation fuel. For others, they simply cannot transition absent wider changes to their market or policy environments.
Does your company have a climate change plan? Is it complaint with current climate laws? Why? Why not?
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