What was the plan? Royal DSM (DSM) is a health, nutrition and biosciences multinational headquartered in the Netherlands. In 2019, the company announced its goal to reach net zero GHG emissions across its operations and value chains by 2050. At the time, DSM was one of the first companies to align its climate targets with […]
Author: hahamama
Successful initiatives in pursuing low carbon goals
The Cambridge Institute for Sustainability Leadership (CISL) defines successful decarbonisation initiatives as those that are informed by the latest scientific evidence on how to achieve the best possible outcomes across broader social and environmental systems. For example, a successful decarbonisation initiative may implement nature-based solutions or technological advancements, while at the same time prioritising measures […]
Useful quotes from TCFD
It is difficult for investors to know which companies are most at risk from climate change, which are best prepared, and which are taking action. M Bloomberg. TCFD Final Report. June 2017. page 2 https://assets.bbhub.io/company/sites/60/2020/10/FINAL-2017-TCFD-Report-11052018.pdf One of the essential functions of financial markets is to support informed decision-making on capital allocation with risk priced in.
What are you doing for ESG?
The Hong Kong Institute of Directors (“HKIoD”) is Hong Kong’spremier body representing directors to foster the long-term successof companies through advocacy and standards-setting in corporategovernance and professional development for directors. A non-profit distributing organisation with membership consisting of directorsfrom listed and non-listed companies, HKIoD is committed toproviding directors with educational programmes and informationservice and establishing […]
Public Private Coalition Reference
Bibliography Ash Vie, T. & Appleby, K. 2019. Five years of data shows climate progress in states and regions. Available: https://www.theclimategroup.org/our-work/news/five-years-data-shows-climate-progress-states-and-regions [2021, February 16]. Austin, J. 2019. Trump’s withdrawal from the Paris climate deal is bad for US business. Here’s why. Available: https://www.weforum.org/agenda/2019/11/trump-paris-climate-change-us-business/ [2020, September 10]. BBC. 2020. Two years of Greta – what impact has she had? Available: […]
Influencing collective behaviour
NGOs and other community-based organisations can influence policy, business and society, and work to drive the net zero transition. Examples include the World Wildlife Foundation (WWF), World Economic Forum (WEF), Greenpeace and the Fridays for Future movement. Climate activist Greta Thunberg is a clear example of effective individual leadership influencing collective behaviour. In 2018, Thunberg […]