United Renewables ’s Post

🎯 How Can You Bridge Your Company's Climate Ambition Gap? 🧐 🚨 With greater urgency around climate action and rising concerns over greenwashing, a gap exists between the companies’ need to finance carbon reduction solutions and their capacity/willingness to do so. How should companies strategize financing to reach their climate targets? 🔑 As climate reporting becomes the new regulatory norm, bridging this ambition gap will be key to practical and effective climate action. Here are five principles to bridge this ambition gap and maximize your climate financing: ✅ Understand your company's internal capacity for carbon reduction: Are there dedicated resources and staff time to understand the company’s emissions and what it takes to eliminate them? Is the data limited or poor in quality? ✅ Identify any industry norms that can create resistance towards climate action: Is there any skepticism about the role of carbon reduction? ✅ Encourage buy-in or leadership at the board level: Are your board members engaged and aware of climate solutions? ✅ Strategizing competing priorities: Are there multiple ESG topics your company addresses (e.g., biodiversity)? How can we integrate carbon reduction into current sustainability efforts? 📈 With ASUENE, companies can spend on carbon reduction and grow profitably. 🚀 Connect with us to learn how our carbon accounting software can reduce your emissions and bridge the climate ambition gap. #sustainability #carbonfootprint #emissions

I came across this insightful post by Olivier Blum EVP of Energy Management Schneider Electric, which discusses the challenges companies face while committing to climate actions.  The latest Fortune 500 report reveals that commitment issues are hindering progress. However, the rewards of the sustainability journey are more impactful than many realize.  Companies with Chief Sustainability Officers are making strides 7 years faster in meeting climate goals, resulting in nearly $1 billion more in profits from yearly emissions reductions. Surprisingly, only 23% fully report Scope 3 emissions, indicating substantial room for improvement. Join me in delving into the full report to learn more 👇  #ClimateAction #Sustainability #ESG #CSR #Fortune500 📈🌿

Why aren't more businesses jumping into climate action? According to the latest Fortune 500 report, it's commitment issues holding them back. However, the sustainability journey is more rewarding than many think: 🌿 Companies with Chief Sustainability Officers are setting and meeting ambitious climate goals, moving 7 years quicker than their peers. 💵 Yearly emissions reductions are translating into almost $1 billion more in profits for some, challenging the myth that sustainability costs more than it pays. 📊 A mere 23% of companies fully report Scope 3 emissions, despite it representing 90% of the #Fortune500's reported emissions - pointing to a large opportunity for improvement. I have personally seen progress and a willingness to evolve from businesses of all sizes, but there is still some hesitancy. Financial headwinds are a major factor in this, as demonstrated by the stagnation in the number of Fortune 500 companies with a significant climate commitment, at around 66% in 2023. This is something I've been discussing a lot recently with Schneider Electric teams and our partners. Investing in your business' green transition is an investment in savings (and even potential future profits). Don't hesitate to create space in your organization for #CSR and #ESG experts to define green strategy, and empower those experts with the right digital tools for #decarbonization. If you're interested in reading the full report, you can find it here: https://shorturl.at/fAHOP. Let me know what your standout findings are in the comments👇

Doubling down on climate commitments: SBTi's growing influence ⚠ 👇 🌡️ As pressure increases on corporate climate response, more firms than ever are stepping up, doubling their commitment to a sustainable future. The Science Based Targets initiative (SBTi) reports a major accomplishment, signaling a concrete step in corporate climate ambition. Here's what you need to know: ⤵ 🤔 1. The number of companies setting SBTi-validated climate targets has doubled in just the past year. 2. These targets are rigorously aligned with the latest climate science, ensuring they meet the needs of our planet. 3. This reflects more concrete efforts of corporate commitment to sustainable operations and the transition to a low-carbon economy. Now, I turn the question to you as a business leader: Is your company contributing to this positive trend? Share your thoughts below. 🌍💡 🔗 Read the article in full: https://lnkd.in/eqK-ay57

It’s Reporting Season! 🌍📝 This Labor Day, let’s reflect on the hard work that drives progress - especially in sustainability. For all the small and medium-sized enterprises that made the climate commitment before October 2023, it’s time to compile your emissions reduction report, due on October 1st. Whether you’re tracking progress with our updated SME Reporting Tool or submitting an external report, your efforts matter and deserve to be shared. 📊 Why report? ✅ Track your journey toward net zero ✅ Build trust with customers and investors ✅ Navigate changing regulations with confidence Your report will be publicly showcased on the SME Climate Hub’s ‘Our SMEs’ page, highlighting your leadership in climate action. Let’s keep pushing toward a sustainable future together! 🔗 Get started today and fulfill your climate commitment:

📢 Our webinar: transition planning - the role of the board    On 27 March, our colleague Jerome Meessen contributed to a webinar co-organised with Chapter Zero Brussels. The event explored the integration of climate considerations into corporate strategies. 🌿     🌍 Jerome highlighted the importance of transition plans, which are now essential for companies faced with climate risks and EU regulations targeting net zero emissions by 2050. They offer much more than just risk reduction, acting as a catalyst for improving reputation, attracting talent and opening new markets.    By developing effective transition plans based on key pillars such as alignment with the Paris Agreement goals and establishing accountability metrics. Companies can not only mitigate risks but also build on opportunities and become resilient in a world in transition.    📰 To find out more, about the discussions covered at our event, read our full article via the link below:  https://lnkd.in/exchKC7q   #ClimateTransition #TransitionPlan #Sustainability #ChapterZeroBrussels #ClimateChange #ClimateAction Jerome Meessen Gaétane Ronsmans Pieterjan Vaneerdewegh Laurie Pazienza Stephanie Raymond

🛑 Understand What You Measure: Red Flags in Transition Plans! 🛑 The latest Oxford report on 'Net Zero Plans' unveils critical aspects of identifying greenwashing risks in corporate climate transition plans. The research follows the urgent call of António Guterres, UN Secretary General,: “We need every business to walk the talk on their net zero promises. We cannot afford slow movers, fake movers or any form of greenwashing.” Here are the key red flags to watch out for: 1️⃣ Vague Targets: Beware of plans with unspecific or ambiguous emission reduction goals. Clear, measurable targets are vital for credibility. 2️⃣ Lack of Accountability: Assess if plans outline responsible parties and transparent accountability mechanisms. 3️⃣ Generic Strategies: Plans should be clear, targeted, and time-bound. If strategies lack specificity, it may signal a lack of genuine commitment. 4️⃣ Non-Science Based Approaches: Look for alignment with science-based targets. Plans without a foundation in climate science may lack effectiveness. 5️⃣ Inconsistent Reporting: Ensure consistency in reporting metrics and methodologies. Inconsistencies may indicate an attempt to obscure true performance. Why does it matter for every business? Reporting on climate standards - companies need to disclose their transition plans, and review the ones of their suppliers. Understanding the information provided is key. Only if we do, we can make sense out of it, manage improvements and request increased performance over time - along value chains. With THE CLIMATE CHOICE we empower companies with our AI-driven software to gather and understand the information provided in such reports at scale. Often showing blind spots and climate risks in the supply chain. Does your company already use a transition plan to drive transparency?

🌍 Excited to share that I’ve completed the Carbon Accounting and Reduction course with Terra.Do! 🚀 This course provided essential skills for driving climate action, including: 🌿 Carbon Accounting: Measuring and reporting emissions using the GHG Protocol 📊 Tools and Best Practices: GHG emissions measurement and life-cycle assessments 🔍 Scope 3 Emissions: Understanding the complexities of scope 3 emissions 🎯 Science-Based Targets: Setting and achieving ambitious climate goals with the SBTi framework 🌐 Net Zero Strategy: Implementing a net zero strategy I am excited to be a part of a strong network of peers and leaders dedicated to climate solutions. I'm excited to apply these insights to support climate entrepreneurs and small businesses on their sustainability journeys. Let's work together to create a sustainable future! 🌱 #ClimateAction #Sustainability #CarbonAccounting #NetZero #ClimateLeadership #BusinessSustainability #TerraDo

𝟭.𝟱°𝗖 𝗦𝘁𝗶𝗹𝗹 𝘁𝗵𝗲 𝗚𝗼𝗮𝗹: 𝗻𝗲𝗮𝗿𝗹𝘆 𝟱𝟬% 𝗠𝗼𝗿𝗲 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗗𝗶𝘀𝗰𝗹𝗼𝘀𝗶𝗻𝗴 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗧𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻 𝗣𝗹𝗮𝗻𝘀 𝘁𝗼 𝗖𝗗𝗣 Results from the 2023 CDP responses reveal a significant increase of 44% in the number of companies reporting 1.5°C-aligned climate transition plans. This increase highlights the growing importance of transition planning in companies. Having a transition plan not only showcases climate credibility but is also seen as a crucial feature for accessing capital, driving efficiency, and meeting regulatory demands. Transition plans are time-bound action plans outlining how a company’s assets, operations, and business model will transition to achieve a 1.5°C-aligned decarbonization pathway. CDP's questionnaire includes 21 indicators to support companies' disclosure which covers climate elements such as governance, emissions reporting, strategy, financial planning, and value chain engagement. Around 39% of companies disclose the majority of key indicators (14 of 21) with around 1% fully disclosing all 21 indicators.  As emphasized by the CEO of CDP with more companies disclosing climate transition plans through CDP in 2023, it is clear that forward-looking commitments are essential for building market confidence. Companies disclosing consistently are developing more credible and effective transition plans essential for navigating a net-zero future. 🌍 Join the movement towards sustainability. Follow Brundtland Consulting for more insights and read the full article here: https://lnkd.in/dfmPXMQh #ClimateAction #Sustainability #CDP #NetZero 

As businesses experience rising pressure from customers, investors and sustainability regulations, it’s critical that the collective C-Suite takes responsibility for driving climate action. Whichever individual is accountable for implementing and supporting climate measures, business leaders play a vital role in supporting a business in achieving its climate goals. #climateaction #csuite #sustainability