Transformation of all sectors
To limit global warming, the United Nations climate agreements targeted a fifty percent reduction in global carbon emissions by 2030 with net zero being achieved by 2050. Those goals will be within reach only if virtually all sectors of the global economy transform. Many organisations are committing themselves independently to net zero as a driver for innovation and sustainable growth. Social pressure is becoming palpable everywhere: shareholders, employees, customers and citizens are demanding effective ESG policy, as part of the global Sustainable Development Goals (SDGs).
To achieve the net zero ambition, companies, investors and public organisations are opting for a more sustainable strategy, resulting in a transformation of, for instance, the business model, the value chain and the purchase and sale of business units. Heading towards net zero also requires adjustments to systems and financial processes to measure non-financial KPIs, transparent reporting on sustainability targets and a cultural shift to enable the transformation.
What impact does the net zero ambition have on your organisation? And what are the key steps for your organisation when heading towards net zero? Read more about the nine building blocks for net zero transformation.