NET ZERO
Strategies including climatesmart agriculture and supply chain engagement underpin both risk mitigation and new commercial opportunities.
The future of SBTs With more than two-thirds of Forbes Global 2000 companies committing to net zero and increasingly adopting SBTi standards, the landscape of corporate sustainability is changing rapidly. The next phase will require companies to maintain transparency, drive genuine emissions reductions and integrate climate risk management across every aspect of business. Collaboration, advocacy and technological innovation remain essential. Science-based targets, as defined by SBTi, forge a credible path – grounded in scientific rigour and business pragmatism – towards a net zero future for the global economy.
“ Smart companies continue to see a strong business case to manage transition risk,” says David.“ Building climate action into commercial strategy helps maintain competitiveness now and in the future and allows companies to capitalise on opportunities in the low-carbon economy. That forward-thinking approach has been playing out in the surge in science-based target setting over the past 18 months.
“ The message is clear: if businesses want to be ahead of the curve, then science-based targets are where businesses start.” sustainabilitymag. com 65