Sustainability Magazine October 2023 | Page 139

Magali
Anderson , Former Chief Sustainability & Innovation
Officer , Holcim
Sustainability is driven by financial incentives With a number of initiatives taking place , the key thing now is to scale up efforts to reduce emissions and build renewability into global infrastructure . One of the main points was how finance plays a role in incentivising companies to commit to sustainable actions . As explained in one of the first keynotes of the day by Magali Anderson , Former Chief Sustainability & Innovation Officer at Holcim , financial commitment is a great way to get more members of a company on board with climate actions .
An example was given , which divulges Holcim ’ s strategy to meet its Science- Based Targets by 2030 . If the company fails to meet its goals it will pay a penalty as collateral to raise the profile of ESG in the business . sustainabilitymag . com 139