We hit a tragic milestone forecast by consensus science. We are irrevocably destroying the climate we depend on for our air, water, breath, and food.
For the first time, temperatures surpassed 1.5°C above pre-industrial levels for a full year.
1.5°C is what countries agreed to in the 2015 Paris Agreement to try to prevent reaching, to avoid unleashing more severe and irreversible consequences.
Yet, here we are.
As we navigate these climate challenges, businesses must immediately understand the impacts the changing climate currently has, and will continue to have, on their bottom lines and their long-term survivability.
Responsible executives act now, while irresponsible executives waiver.
Those who act now will see long-term benefits and stability as they become more resilient to our changing climate.
Those who push forward performing business as usual will face severe financial consequences that will only get worse as the globe continues to warm.
At Responsible Alpha, we understand that corporations face the dual challenge of driving financial performance while ensuring sustainability and compliance with environmental, social, and governance (ESG) standards. We offer deep technical sustainable disclosure analysis for financial and non-financial reporting and use our integrated data framework to combine ESG, SDG, and climate-risk frameworks to uncover hidden financial risks and opportunities within company disclosures. This expertise translates into actionable strategies for immediate and long-term corporate success.
Smart businesses understand the value of acting now. Together, we can start today to build a sustainable economy within planetary boundaries, an economy that can grow and is "fit for purpose" for our only home, Earth.
Read the article here >>> https://www.cbc.ca/news/science/copernicus-climate-report-january-1.7108644