Examples of Net Zero Strategies from Businesses
Considering the findings by Newell in his summary and analysis of academic literature regarding corporate decarbonization strategies, a successful action plan for rapid transition of business is characterized by: Adoption of new technologies which substitute old inefficient ones with clear climate benefits highlighted Movement of capital towards a green financing of the company's assets in order to shift the long term gains and interests External governance pressure either from public domain, in countries where the governmental push is aiming at a less carbonized private sector Pressure to ownership shareholders to modify their business strategy, aka return on investment KPI, not exclusively related to financial profit in order to create shared liability towards net zero Transparent and accountable target setting in order to disclose and report a coherent climate strategy throughout all levels of the organization Finally and most importantly, external consumers pressure towards sma...