Climate Resilience

climate resilience - suck it up?

Climate change stands as a pivotal challenge within the sphere of business resilience, capturing global focus. The escalating climate crisis, combined with intensified scrutiny from every quarter, has profoundly altered corporate operations, prompting the question of effective climate resilience strategies. As organizations increasingly commit to net-zero ambitions, the demand escalates for innovative technological solutions and products that are both sustainable and economically viable.

We invite you to explore how industry leaders like Patagonia, OpenAI, and Salesforce are pioneering in Environmental, Social, and Governance (ESG) resilience. These examples showcase diverse strategies for balancing the integration of stakeholder perspectives and the pursuit of sustainable practices with shareholder profit maximization. The connection between ESG performance and profitable growth further highlights the advantages companies can reap from valuing stakeholder interests.

Negative emissions is an imperative to mitigate climate change

Intergovernmental Panel on Climate Change (IPCC) estimates that, to stay within the international goal of maximum 1.5°C global temperature increase compared to pre-industrial levels, solutions for negative emissions must scale rapidly. Currently, negative emissions are just above 0.1 gigaton CO2 and, to meet the target, it needs to scale almost 100-fold to 10 gigatons CO2.

In Denmark, there is broad support for climate change mitigation through emission reduction. In California, however, the interest in and investments flowing into Carbon Dioxide Removal (CDR) from businesses have also seen strong growth over the past year. As Californian and Danish stakeholders share their focus on addressing climate change through emis- sion reduction, the difference may arise from the, often, more optimistic view on new technology and business opportunities in the U.S.