Some of the world’s biggest companies have signed up to the Science Based Targets initiative, and more than half of them are planning to decarbonize production of the goods and services that they sell within a decade, a new survey reveals.
If your company is not employing science based targets to lower your carbon footprint, you may find yourself literally in hot water. The UN Sustainable Development Goals (SDG) ratified in December 2015, established global climate related goals. Science based targets are efforts designed to help meet these goals, the prevention of an average global temperature rise of more than 2 degrees compared to pre-industrial levels. In the new report from the Intergovernmental Panel on Climate Change released this month, climate scientists give humankind about a decade to slow and ultimately try to reverse the upward trend of global temperatures. Why does this matter?
Scientists have warned that the pledges made in support of the SDGs will not accomplish the goal of keeping global temperatures from rising above the 2 degree mark. Because greenhouse gases (the carbon) have long-term effects on our climate, average temperatures are projected to rise well above 2 degrees. If this happens severe weather events, sea level rise and accompanying population dislocation will continue to increase, even accelerate.
Where should we start?
There are multiple strategies employed when creating targets to lower carbon footprint. Many companies start with renewable energy sources to replace carbon based fuel. Others find carbon efficiencies by moving to more energy efficient equipment or looking at supply chains to lower transportation-related carbon footprints.
We enable change leadership. Sustainability is an area where we see leaders grappling with starting and/or sustaining efforts. Get in touch if your company needs a journey partner to help you create and meet science based targets.
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