Published 06 April 2022

Authors
Elspeth Taylor
18 min read
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The time bomb is ticking towards life on Earth being irreversibly changed by the climate crisis, with the latest summary from the IPCC stating that future pledges and incremental action are no longer enough. Here, we clearly lay out the fundamentals that need addressing, right now, to secure a positive future for us all.

Be Aware of the Essential Data

Know What's Necessary to Reach Net Zero

Address Climate Crisis's Socio-Economic Imbalance

To confront this immense challenge, we need to understand the harsh facts. Sobering statistics make for difficult reading, but deliver a clear message about the risks involved in doing too little, and not acting quickly enough. In this section, we set the scene with the latest data.

To confront this immense challenge, we need to understand the harsh facts. Sobering statistics make for difficult reading, but deliver a clear message about the risks involved in doing too little, and not acting quickly enough. In this section, we set the scene with the latest data.

Summary

Be Aware of the Essential Data

To confront this immense challenge, we need to understand the harsh facts. Sobering statistics make for difficult reading, but deliver a clear message about the risks involved in doing too little, and not acting quickly enough. In this section, we set the scene with the latest data.

Know What's Necessary to Reach Net Zero

November 2021’s Cop26 Climate Summit clearly laid out the seven fundamental things we need to do to curb climate change. Presented as a list of non-negotiables, we contextualise those seven priorities and highlight some positive case studies that show how smart brands are already making a difference.

Address Climate Crisis's Socio-Economic Imbalance

Across sectors and regions, the most vulnerable people and systems are already observed to be disproportionately affected by climate change (IPCC, 2021). To establish much-needed equilibrium in shaping a fairer future, you need to make the crucial link between your sustainability and socio-economic inclusivity endeavours.

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At A Glance

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Key Stats

Be Aware of Essential Data

6%

A 6% increase in global CO2 emissions from 2020 pushed levels to 36.3 gigatonnes

45%

To keep global warming at 1.5°C above pre-industrial levels, global net CO2 emissions must decline by 45% from 2010 levels by 2030

13%

If the world warms 2°C above pre-industrial levels, ecosystems from 13% of the world’s surface will be destroyed

3x

In 2020, intense storms, high temperatures and flooding triggered three times more displacements than violent conflicts did

73%

The percentage of existing ‘net zero’ brand pledges that are weak and inadequate, merely paying “lip service to climate action”

$501.3bn

A record $501.3bn was spent on renewable power and technologies globally in 2020.

Know What’s Necessary to Reach Net Zero

3/4

Fossil fuel combustion accounts for an astonishing three-quarters of greenhouse gas emissions in the US

89%

In 2018, a massive 89% of global CO2 emissions came from fossil fuels and linked industries

8.7m

Fossil fuel pollution caused 8.7 million deaths worldwide in 2018

£2,585

Decarbonising domestic energy could save each US household up to $2,585 per year

>1/2

Over half of the renewable energy capacity created in 2019 undercut the price of the cheapest coal plants

85%

Renewable energy is expected to provide 85% of our energy needs by 2050

$501.3bn

A record $501.3bn was spent on renewable power and technologies globally in 2020

22.1%

In 2020, renewables represented 22.1% of energy consumed in the EU, and this figure is rising exponentially

3x

The total capacity of offshore wind energy is forecast to more than triple by 2026

80%

Four markets alone (China, Europe, the US and India) account for 80% of renewable energy expansion capacity over the next five years, with China constituting 43% of the total global growth opportunity

45%

Methane emissions could be slashed by up to 45% this decade, which would reduce global warming by 0.3°C

40%

As much as 40% of current methane emissions could be avoided at no net cost

33%

Changing its beef cattle diet to one containing lemongrass reduced Burger King’s methane emissions by a whopping 33%

>90%

Over 90% of the fuel used for transportation is petroleum-based gasoline and diesel

29%

The percentage of greenhouse gases emitted by US electricity output that originates from the transportation sector

15%

In the US alone, trees capture and store almost 15% of our yearly CO2 emissions – equivalent to the annual emissions from 163 million cars

$2.3tn

Sustainable forest management alone could generate 30 million new jobs and create $2.3tn worth of potential business by 2030

50%

The percentage of Paris that will be covered by planted areas by 2030

17.3%

Waste facilities accounted for 17.3% of human-caused methane emissions in the US in 2019

50%

By 2030, 50% of the French capital, Paris, will be covered by planted areas as part of a city-wide re-greening programme.

80%

Accounting for almost 80% of US GHG emissions, CO2 is the most prevalent – and therefore most concerning­ – of the GHGs.

Address Climate Crisis's Socio-Economic Imbalance

1/2

Twenty-three rich developed countries are responsible for half of all historical CO2 emissions, whereas more than 150 poorer countries are responsible for the other half

13m

In 2019 alone, storms, floods and other extreme weather events displaced more than 13 million people across Asia and Africa

1/2

In a scenario of 2.0°C warming above pre-industrial levels by 2050, more than half the total projected global population could be affected by a climate hazard

10%

In a scenario of 2.0°C warming above pre-industrial levels by 2050, only 10% of the total population in high-income countries is likely to be exposed

40%

In the US, Black and African-American individuals are 40% more likely to live in areas with the highest mortality rates linked to climate-change-driven extreme temperatures

25%

Those with low incomes or no high-school diploma are 25% more likely to live in areas with the highest projected losses of labour hours due to increases in high-temperature days

48%

American Indian and Alaska Native individuals are 48% more likely to live in areas where the highest percentage of land is projected to be destroyed by rising sea levels

Be Aware Of Essential Data

To confront this immense challenge, we need to understand the harsh facts. Sobering statistics make for difficult reading, but deliver a clear message about the risks involved in doing too little, and not acting quickly enough. In this section, we set the scene with the latest data

Be Aware Of Essential Data

To confront this immense challenge, we need to understand the harsh facts. Sobering statistics make for difficult reading, but deliver a clear message about the risks involved in doing too little, and not acting quickly enough. In this section, we set the scene with the latest data

Camille Parmesan
Researcher, IPCC

One of the most striking conclusions in our report is that we’re seeing adverse impacts that are much more widespread and much more negative than expected.

One of the most striking conclusions in our report is that we’re seeing adverse impacts that are much more widespread and much more negative than expected.

Camille Parmesan

Researcher, IPCC

  • Key Stats to Track: After significant reductions thanks to Covid-19 lockdowns, global CO2 emissions sadly rebounded in 2021 to reach their highest ever annual level, with a 6% increase from 2020 pushing emissions to 36.3 gigatonnes (IEA, 2021).

    To keep global warming at 1.5°C above pre-industrial levels, global net CO2 emissions must decline by 45% from 2010 levels by 2030 (IPCC, 2022). If the world warms 2°C above pre-industrial levels, ecosystems from 13% of the world’s surface will be destroyed, threatening the extinction of insects, plants and animals (Scientific American, 2021).

    On that basis, the latest Intergovernmental Panel on Climate Change report states that pledges and incremental action are no longer enough, and only a “complete system transformation” can slow the climate crisis. Is your business undergoing the appropriate overhaul required to meet or support these crucial targets?
  • Key Stats to Track: After significant reductions thanks to Covid-19 lockdowns, global CO2 emissions sadly rebounded in 2021 to reach their highest ever annual level, with a 6% increase from 2020 pushing emissions to 36.3 gigatonnes (IEA, 2021).

    To keep global warming at 1.5°C above pre-industrial levels, global net CO2 emissions must decline by 45% from 2010 levels by 2030 (IPCC, 2022). If the world warms 2°C above pre-industrial levels, ecosystems from 13% of the world’s surface will be destroyed, threatening the extinction of insects, plants and animals (Scientific American, 2021).

    On that basis, the latest Intergovernmental Panel on Climate Change report states that pledges and incremental action are no longer enough, and only a “complete system transformation” can slow the climate crisis. Is your business undergoing the appropriate overhaul required to meet or support these crucial targets?

After significant reductions as a result of global lockdowns, global CO2 emissions rebounded in 2021 to reach their highest ever annual level

  • Don’t Pay Lip Service: In 2020, intense storms, high temperatures and flooding triggered three times more displacements of people than violent conflicts did (The Guardian, 2021) – highlighting how large swathes of the global population are increasingly being disastrously impacted by severe weather events.

    Despite this, a 2021 report from independent scientific analysis group Climate Action Tracker found that 73% of existing net-zero brand pledges are weak and inadequate, merely paying “lip service to climate action”. Slowly adapting to the changing climate is no longer an option, because these changes are too extreme and happening too quickly for humans to adapt to them. It’s paramount that every business treats this as an emergency, and acts accordingly.
  • Don’t Pay Lip Service: In 2020, intense storms, high temperatures and flooding triggered three times more displacements of people than violent conflicts did (The Guardian, 2021) – highlighting how large swathes of the global population are increasingly being disastrously impacted by severe weather events.

    Despite this, a 2021 report from independent scientific analysis group Climate Action Tracker found that 73% of existing net-zero brand pledges are weak and inadequate, merely paying “lip service to climate action”. Slowly adapting to the changing climate is no longer an option, because these changes are too extreme and happening too quickly for humans to adapt to them. It’s paramount that every business treats this as an emergency, and acts accordingly.

In 2020, intense storms, high temperatures and flooding triggered three times more displacements than violent conflicts did

November 2021’s Cop26 Climate Summit clearly laid out the seven fundamental things we need to do to curb climate change. Presented as a list of non-negotiables, we contextualise those seven priorities and highlight some positive case studies that show how smart brands are already making a difference.

 

  • 1. Phase Out Fossil Fuels: Fossil fuel combustion (burning coal, natural gas and petroleum) accounts for an astonishing three-quarters of greenhouse gas (GHG) emissions in the US (EIA, 2021) and EU (European Commission, 2020). And in 2018, a massive 89% of global CO2 emissions came from fossil fuels and linked industries (Client Earth, 2022).

    To put that into context, fossil fuel pollution is already having a notable human impact, causing 8.7 million deaths worldwide in 2018. It’s also well reported that a very high percentage of GHG emissions are emitted by just 20 fossil fuel companies (Climate Accountability, 2020).

    In addition, with the current energy crisis on our hands driven by rocketing wholesale gas prices and sanctions on Russian supplies, shifting quickly to sustainable alternatives could also have a positive socio-economic impact on the population. 

    See Adopt Renewable Energy (below) for more on the benefits of shifting to sustainable green power supplies, and see Address Sustainable Socio-Economic Imbalance (further down) for more on financial inclusivity.

November 2021’s Cop26 Climate Summit clearly laid out the seven fundamental things we need to do to curb climate change. Presented as a list of non-negotiables, we contextualise those seven priorities and highlight some positive case studies that show how smart brands are already making a difference.

 

  • 1. Phase Out Fossil Fuels: Fossil fuel combustion (burning coal, natural gas and petroleum) accounts for an astonishing three-quarters of greenhouse gas (GHG) emissions in the US (EIA, 2021) and EU (European Commission, 2020). And in 2018, a massive 89% of global CO2 emissions came from fossil fuels and linked industries (Client Earth, 2022).

    To put that into context, fossil fuel pollution is already having a notable human impact, causing 8.7 million deaths worldwide in 2018. It’s also well reported that a very high percentage of GHG emissions are emitted by just 20 fossil fuel companies (Climate Accountability, 2020).

    In addition, with the current energy crisis on our hands driven by rocketing wholesale gas prices and sanctions on Russian supplies, shifting quickly to sustainable alternatives could also have a positive socio-economic impact on the population. 

    See Adopt Renewable Energy (below) for more on the benefits of shifting to sustainable green power supplies, and see Address Sustainable Socio-Economic Imbalance (further down) for more on financial inclusivity.

Fossil fuel combustion accounts for an astonishing three quarters of greenhouse gas emissions in the US

  • 2. Adopt Renewable Energy: It is essential that as businesses, we all commit to going green, transitioning to renewable energy resources where possible, and lobbying governments for accelerated change in energy policies.

    In our 2021 member report Energy Cleans Up, we explored how green energy doesn’t necessarily cost extra anymore (EY, 2021). In fact, a recent US report has found that decarbonising domestic energy could save each household up to $2,585 per year. This is owing to the increasing affordability of renewable energy; over half of the renewable energy capacity created in 2019 undercut the price of the cheapest coal plants (Irena, 2020).

    And there are plenty of other positive statistics to inspire optimism about the future of our energy supplies. Renewables are expected to provide 85% of our energy needs by 2050 (BloombergNef2021), with a record $501.3bn being spent on renewable power and technologies globally in 2020 (Bloomberg, 2021).

    Recent data shows that in 2020, renewable energy represented 22.1% of energy consumed in the EU, and is rising exponentially (Eurostat, 2022). Global offshore wind capacity is forecast to more than triple by 2026, while solar power is on track to become the cheapest source of power by 2030 (Wood Mackenzie, 2021).

    A great commercial example of a brand already thinking on its feet in this matter comes from retail giant Target US. It recently installed massive solar panels across the parking lot and roof of one of its Californian big-box outlets, demonstrating its commitment to green energy and powering its own stores.

    However, four markets alone (China, Europe, the US and India) account for 80% of the expansion capacity of renewable energy over the next five years, with China constituting 43% of the total global growth opportunity (IEA, 2021). Therefore, we are heavily reliant on governance in these territories to ensure targets are met.

    See Looking to the Future for Solutions in this suite of reports for much more on green power, including the latest solar, hydrogen, wind and repurposed carbon innovations.
  • 2. Adopt Renewable Energy: It is essential that as businesses, we all commit to going green, transitioning to renewable energy resources where possible, and lobbying governments for accelerated change in energy policies.

    In our 2021 member report Energy Cleans Up, we explored how green energy doesn’t necessarily cost extra anymore (EY, 2021). In fact, a recent US report has found that decarbonising domestic energy could save each household up to $2,585 per year. This is owing to the increasing affordability of renewable energy; over half of the renewable energy capacity created in 2019 undercut the price of the cheapest coal plants (Irena, 2020).

    And there are plenty of other positive statistics to inspire optimism about the future of our energy supplies. Renewables are expected to provide 85% of our energy needs by 2050 (BloombergNef2021), with a record $501.3bn being spent on renewable power and technologies globally in 2020 (Bloomberg, 2021).

    Recent data shows that in 2020, renewable energy represented 22.1% of energy consumed in the EU, and is rising exponentially (Eurostat, 2022). Global offshore wind capacity is forecast to more than triple by 2026, while solar power is on track to become the cheapest source of power by 2030 (Wood Mackenzie, 2021).

    A great commercial example of a brand already thinking on its feet in this matter comes from retail giant Target US. It recently installed massive solar panels across the parking lot and roof of one of its Californian big-box outlets, demonstrating its commitment to green energy and powering its own stores.

    However, four markets alone (China, Europe, the US and India) account for 80% of the expansion capacity of renewable energy over the next five years, with China constituting 43% of the total global growth opportunity (IEA, 2021). Therefore, we are heavily reliant on governance in these territories to ensure targets are met.

    See Looking to the Future for Solutions in this suite of reports for much more on green power, including the latest solar, hydrogen, wind and repurposed carbon innovations.

Over half of renewable energy capacity created in 2019 undercut the price of the cheapest coal plants

Target's first store powered by solar energy

Over half of renewable energy capacity created in 2019 undercut the price of the cheapest coal plants

Target's first store powered by solar energy

  • 3. Limit Methane Emissions: Harmful methane (a GHG) comes from natural gas and petroleum systems (30%), livestock emissions (27%), landfill (17%), manure management (9%) and coal mining (7%) (EPA, 2021) – making food production and agriculture industries key methane emitters.

    Emissions could be slashed by up to 45% this decade, which would reduce global warming by 0.3°C (CCAC & UNEP, 2021). In addition, analysis from the IEA Methane Tracker shows that as much as 40% of current methane emissions could be avoided at no net cost (IEA, 2021). What is required to help meet that 45% reduction target, however, is a seismic shift from the food and farming industries.

    In Looking to the Past for Solutions in this suite of reports, you can read about how food producers are looking to do things better via regenerative agricultural methods, such as lower-impact livestock farming (see Learn from our Farming Forefathers). And in a simple but inspiring case study from Burger King, we see how something as simple as changing its beef cattle diet to one containing lemongrass reduced methane emissions by a whopping 33%.

    Also see Dairy 2022: Sector Outlook for more on reduced-methane initiatives.
  • 3. Limit Methane Emissions: Harmful methane (a GHG) comes from natural gas and petroleum systems (30%), livestock emissions (27%), landfill (17%), manure management (9%) and coal mining (7%) (EPA, 2021) – making food production and agriculture industries key methane emitters.

    Emissions could be slashed by up to 45% this decade, which would reduce global warming by 0.3°C (CCAC & UNEP, 2021). In addition, analysis from the IEA Methane Tracker shows that as much as 40% of current methane emissions could be avoided at no net cost (IEA, 2021). What is required to help meet that 45% reduction target, however, is a seismic shift from the food and farming industries.

    In Looking to the Past for Solutions in this suite of reports, you can read about how food producers are looking to do things better via regenerative agricultural methods, such as lower-impact livestock farming (see Learn from our Farming Forefathers). And in a simple but inspiring case study from Burger King, we see how something as simple as changing its beef cattle diet to one containing lemongrass reduced methane emissions by a whopping 33%.

    Also see Dairy 2022: Sector Outlook for more on reduced-methane initiatives.

The food production and agriculture industries are key methane emitters

The IEA Methane Tracker shows as much as 40% of current methane emissions could be avoided at no net cost

The food production and agriculture industries are key methane emitters

The IEA Methane Tracker shows as much as 40% of current methane emissions could be avoided at no net cost

Denis Sverdlov
CEO, Arrival

Arrival’s electric vans surpass traditional vehicles in cost, design and efficiency, with 50% operational cost savings for fleet owners.

Arrival’s electric vans surpass traditional vehicles in cost, design and efficiency, with 50% operational cost savings for fleet owners.

Denis Sverdlov

CEO, Arrival

  • 4. Replace Petrol & Diesel: While certain territories are making good headway in embracing electrical vehicles (EVs), over 90% of the fuel used for transportation globally is petroleum-based gasoline and diesel (EPA, 2021). And some 29% of greenhouse gases emitted by US electricity output originates from the transportation sector (EPA, 2021).

    It’s also worth remembering that electrifying vehicles will only make a difference long-term if the electricity is sourced from totally renewable resources like hydrogen.

    However, in our dedicated member report The EV Evolution, we noted with optimism that Paris will ban all diesel cars from 2024 and petrol cars by 2030. It’s legislation like this that will make a real difference – but it’s also up to you as a brand to make the shift to electric vehicles (EVs). Take inspiration from global courier UPS, which has actually invested in London-based electric van manufacturer Arrival (the start-up has also received £85m ($111m) in investment from Hyundai and Kia).
  • 4. Replace Petrol & Diesel: While certain territories are making good headway in embracing electrical vehicles (EVs), over 90% of the fuel used for transportation globally is petroleum-based gasoline and diesel (EPA, 2021). And some 29% of greenhouse gases emitted by US electricity output originates from the transportation sector (EPA, 2021).

    It’s also worth remembering that electrifying vehicles will only make a difference long-term if the electricity is sourced from totally renewable resources like hydrogen.

    However, in our dedicated member report The EV Evolution, we noted with optimism that Paris will ban all diesel cars from 2024 and petrol cars by 2030. It’s legislation like this that will make a real difference – but it’s also up to you as a brand to make the shift to electric vehicles (EVs). Take inspiration from global courier UPS, which has actually invested in London-based electric van manufacturer Arrival (the start-up has also received £85m ($111m) in investment from Hyundai and Kia).

Electric vehicles will only make a difference (long term) if the electricity is sourced from totally renewable resources such as hydrogen

 

  • 5. Plant More Trees: As explored in Looking to the Past for Solutions, the regreening of our planet – and the planting of trees, specifically – provides so many answers to current problems. For instance, it can support healthier agriculture, better flood and drought management, richer biodiversity, and greater sequestering of harmful CO2. In the US alone, trees capture and store almost 15% of our CO2 emissions every year – equivalent to the annual emissions from 163 million cars (EPA, 2021).

    According to the Global Wellness Institute, “natural capital will become a prominent investment theme” as we look to nature for the support we need to regain environmental equilibrium. Estimates show sustainable forest management alone could generate 30 million new jobs and create $2.3tn of potential business by 2030 (GWI, 2021); clearly, it’s an area ripe for smart investment.

    In another inspiring example from Paris, which highlights just how transformed our urban landscapes need to become, plans are afoot to plant four new ‘urban forests’ next to major landmarks. These include the Hôtel de Ville, the Gare de Lyon, and the Opéra Garnier. The city’s mayor, Anne Hidalgo, has pledged to plant more than 170,000 trees across the capital by 2026, with an impressive 50% of the city set to be covered by planted areas by 2030.

    To help make that happen, building codes have been loosened, making it much easier for Parisians to plant trees in their neighbourhoods.

 

  • 5. Plant More Trees: As explored in Looking to the Past for Solutions, the regreening of our planet – and the planting of trees, specifically – provides so many answers to current problems. For instance, it can support healthier agriculture, better flood and drought management, richer biodiversity, and greater sequestering of harmful CO2. In the US alone, trees capture and store almost 15% of our CO2 emissions every year – equivalent to the annual emissions from 163 million cars (EPA, 2021).

    According to the Global Wellness Institute, “natural capital will become a prominent investment theme” as we look to nature for the support we need to regain environmental equilibrium. Estimates show sustainable forest management alone could generate 30 million new jobs and create $2.3tn of potential business by 2030 (GWI, 2021); clearly, it’s an area ripe for smart investment.

    In another inspiring example from Paris, which highlights just how transformed our urban landscapes need to become, plans are afoot to plant four new ‘urban forests’ next to major landmarks. These include the Hôtel de Ville, the Gare de Lyon, and the Opéra Garnier. The city’s mayor, Anne Hidalgo, has pledged to plant more than 170,000 trees across the capital by 2026, with an impressive 50% of the city set to be covered by planted areas by 2030.

    To help make that happen, building codes have been loosened, making it much easier for Parisians to plant trees in their neighbourhoods.

A mock-up of the reimagined Champs-Élysées, as Paris aims to be 50% green space by 2030

  • 6. Sequester GHGs: Beyond the major role that trees and biophilia play in sequestering CO2, we urgently need to find other smart ways of capturing harmful GHGs generally.

    Excitingly, in September 2021, Orca was launched in Iceland. The world’s first climate-positive direct air capture and storage plant makes the large-scale removal of carbon dioxide a reality. The facility consists of eight collector containers, with an annual capture capacity of 500 tons each, and the heat and electricity required for the direct air capture process is supplied by the Hellisheidi Geothermal Power Plant.

    Such innovation, given the right attention and investment, will be game-changing, as will aforementioned research that shows we can convert waste CO2 into fuel using solar power.

    In addition, we must also think about the GHGs created by landfill, with waste facilities accounting for 17.3% of human-caused methane emissions in the US in 2019 (Waste Dive, 2021). Whatever the industry, it’s imperative that landfill is a last resort for your business, and that we put the waste we create to good use. This includes everything from utilising by-products from food and beauty manufacturing, to repurposing discarded materials in fashion and product design.

  • 6. Sequester GHGs: Beyond the major role that trees and biophilia play in sequestering CO2, we urgently need to find other smart ways of capturing harmful GHGs generally.

    Excitingly, in September 2021, Orca was launched in Iceland. The world’s first climate-positive direct air capture and storage plant makes the large-scale removal of carbon dioxide a reality. The facility consists of eight collector containers, with an annual capture capacity of 500 tons each, and the heat and electricity required for the direct air capture process is supplied by the Hellisheidi Geothermal Power Plant.

    Such innovation, given the right attention and investment, will be game-changing, as will aforementioned research that shows we can convert waste CO2 into fuel using solar power.

    In addition, we must also think about the GHGs created by landfill, with waste facilities accounting for 17.3% of human-caused methane emissions in the US in 2019 (Waste Dive, 2021). Whatever the industry, it’s imperative that landfill is a last resort for your business, and that we put the waste we create to good use. This includes everything from utilising by-products from food and beauty manufacturing, to repurposing discarded materials in fashion and product design.

Whatever the industry, it’s imperative that landfill is a last resort for your business

  • 7. Give Financial Aid to Poorer Countries: At the Copenhagen Cop summit in 2009, rich countries pledged to provide $100bn in financing by 2020 to help developing countries adapt to climate change. That target was not met (BBC, 2021).

    This fundamental issue is explored in its own report section below – highlighting not only global economic inequity in dealing with the climate crisis, but also local inequalities.
  • 7. Give Financial Aid to Poorer Countries: At the Copenhagen Cop summit in 2009, rich countries pledged to provide $100bn in financing by 2020 to help developing countries adapt to climate change. That target was not met (BBC, 2021).

    This fundamental issue is explored in its own report section below – highlighting not only global economic inequity in dealing with the climate crisis, but also local inequalities.

Address Climate Crisis's Socio-Economic Imbalance

Across sectors and regions, the most vulnerable people and systems are already observed to be disproportionately affected by climate change (IPCC, 2021). To establish much-needed equilibrium in shaping a fairer future, you need to make the crucial link between your sustainability and socio-economic inclusivity endeavours.

Address Climate Crisis's Socio-Economic Imbalance

Across sectors and regions, the most vulnerable people and systems are already observed to be disproportionately affected by climate change (IPCC, 2021). To establish much-needed equilibrium in shaping a fairer future, you need to make the crucial link between your sustainability and socio-economic inclusivity endeavours.

Sonam P Wangdi
Chair of the Least Developed Countries Group, UNFCCC

We have contributed the least to this problem, yet we suffer disproportionately. There must be increasing support for adapting to impacts.

We have contributed the least to this problem, yet we suffer disproportionately. There must be increasing support for adapting to impacts.

Sonam P Wangdi

Chair of the Least Developed Countries Group, UNFCCC

  • Understand the Global Inequity: Twenty-three rich, developed countries are responsible for half of all historical CO2 emissions, whereas more than 150 poorer ones account for the rest (Global Carbon Project, 2021). And many of those 150+ countries are among those worst affected by the actions of the other 23.

    As an example, between 2010 and 2020, droughts, floods and storms killed 15 times more people in highly vulnerable countries, including those in Africa and Asia, than in the wealthiest (IPCC, 2021). And in 2019 alone, storms, floods and other extreme weather events displaced more than 13 million people across Asia and Africa (The New York Times, 2022).

    As the planet heats up, this inequity is forecast to become ever more pronounced. According to recent research, in a scenario of 2.0°C warming above pre-industrial levels by 2050, more than half the total projected global population could be affected by a climate hazard. Yet only 10% of the total population in high-income countries is likely to suffer.

    Two-thirds of those who could be exposed to a climate hazard are concentrated in just 10 countries. In two of these – Bangladesh and Pakistan – more than 90% of the population could be affected, along with nearly half (850 million people) of India’s projected population (McKinsey, 2021).

    How can your business support those most vulnerable in adapting to the impacts of climate change? And do your sustainability and diversity, equity and inclusion agendas even segue to effectively address such challenges?
  • Understand the Global Inequity: Twenty-three rich, developed countries are responsible for half of all historical CO2 emissions, whereas more than 150 poorer ones account for the rest (Global Carbon Project, 2021). And many of those 150+ countries are among those worst affected by the actions of the other 23.

    As an example, between 2010 and 2020, droughts, floods and storms killed 15 times more people in highly vulnerable countries, including those in Africa and Asia, than in the wealthiest (IPCC, 2021). And in 2019 alone, storms, floods and other extreme weather events displaced more than 13 million people across Asia and Africa (The New York Times, 2022).

    As the planet heats up, this inequity is forecast to become ever more pronounced. According to recent research, in a scenario of 2.0°C warming above pre-industrial levels by 2050, more than half the total projected global population could be affected by a climate hazard. Yet only 10% of the total population in high-income countries is likely to suffer.

    Two-thirds of those who could be exposed to a climate hazard are concentrated in just 10 countries. In two of these – Bangladesh and Pakistan – more than 90% of the population could be affected, along with nearly half (850 million people) of India’s projected population (McKinsey, 2021).

    How can your business support those most vulnerable in adapting to the impacts of climate change? And do your sustainability and diversity, equity and inclusion agendas even segue to effectively address such challenges?

Between 2010 and 2020, droughts, floods and storms killed 15 times as many people in highly vulnerable countries as in the wealthiest countries

Michael Regan
administrator, Environmental Protection Agency

The impacts of climate change that we are feeling today – from extreme heat to flooding to severe storms – are expected to get worse, and people least able to prepare and cope are disproportionately exposed.

The impacts of climate change that we are feeling today – from extreme heat to flooding to severe storms – are expected to get worse, and people least able to prepare and cope are disproportionately exposed.

Michael Regan

administrator, Environmental Protection Agency

  • Understand the Local Inequity: Climate crisis inequity also exists on a local level in most territories. Using the US as an example, Black and African-American individuals are 40% more likely to live in areas with the highest mortality rates linked to extreme temperatures driven by climate change (EPA, 2021). In addition, those with low incomes or no high-school diploma are 25% more likely to live in places with the highest projected losses of labour hours due to increases in high-temperature days (EPA, 2021).

    Meanwhile, American Indian and Alaska Native individuals are 48% more likely to live in areas where the highest percentage of land is projected to be destroyed by rising sea levels (EPA, 2021). And the Biden administration is implementing the first ever labour standard aimed at protecting construction and agriculture workers from extreme heat – part of a growing recognition of the dangers posed by rising temperatures caused by climate change (The New York Times, 2021).

    However, these local issues related to climate crisis and equality are multiple and multi-layered. So in addition to legislative support, brands must also develop strategies to help the local communities that need it most.

  • Understand the Local Inequity: Climate crisis inequity also exists on a local level in most territories. Using the US as an example, Black and African-American individuals are 40% more likely to live in areas with the highest mortality rates linked to extreme temperatures driven by climate change (EPA, 2021). In addition, those with low incomes or no high-school diploma are 25% more likely to live in places with the highest projected losses of labour hours due to increases in high-temperature days (EPA, 2021).

    Meanwhile, American Indian and Alaska Native individuals are 48% more likely to live in areas where the highest percentage of land is projected to be destroyed by rising sea levels (EPA, 2021). And the Biden administration is implementing the first ever labour standard aimed at protecting construction and agriculture workers from extreme heat – part of a growing recognition of the dangers posed by rising temperatures caused by climate change (The New York Times, 2021).

    However, these local issues related to climate crisis and equality are multiple and multi-layered. So in addition to legislative support, brands must also develop strategies to help the local communities that need it most.

Learn the New Rule of Seven

Be Financially Inclusive in your Endeavours

Be Guided by the Data

Consistently Sense-Check Strategies

As laid out at the last Cop26 Summit, there are seven fundamentals we all need to address to tackle the climate crisis, and every business should be living by them. From research and development to product delivery, embed these key priorities in all that you do.

As laid out at the last Cop26 Summit, there are seven fundamentals we all need to address to tackle the climate crisis, and every business should be living by them. From research and development to product delivery, embed these key priorities in all that you do.

Future Insights

Learn the New Rule of Seven

As laid out at the last Cop26 Summit, there are seven fundamentals we all need to address to tackle the climate crisis, and every business should be living by them. From research and development to product delivery, embed these key priorities in all that you do.

Be Financially Inclusive in your Endeavours

As the most vulnerable are already the most affected by the climate crisis, be part of the solution to that inequity. Consider how you as a brand can support those in need – whether that’s within your own community or beyond.

Be Guided by the Data

In all climate crisis and sustainability-related matters, data is essential in establishing you’re on track to becoming part of the solution rather than the problem. Latest statistics, governmental targets and internal brand performance analysis are all key.

Consistently Sense-Check Strategies

Sustainable change is so fast-moving that you need to stay up to speed with innovation, market shifts, legislation and consumer thinking. 

Past

Present

Future

Past

Despite scientific evidence mounting since the 1970s, the threat of climate change was ignored by most countries until the 2000s. Crucial time was lost in making a difference to the future of the planet as legislative action was lacking – meaning industry just carried on, business as usual.

Present

The disastrous impact of climate change is now accepted as a global emergency that needs addressing immediately. Data starkly tells us that without increased action, we are dangerously close to irreversibly damaging life on Earth as we know it.

Future

The future looks bleak. However, if we tackle the fundamentals in combating the climate crisis, we can reverse, or at least slow down, many of the predicted impacts on the planet. Seven priorities outlined at the latest Cop26 Summit define the essentials required.

Trend Evolution

Past

Present

Future

Despite scientific evidence mounting since the 1970s, the threat of climate change was ignored by most countries until the 2000s. Crucial time was lost in making a difference to the future of the planet as legislative action was lacking – meaning industry just carried on, business as usual.

The disastrous impact of climate change is now accepted as a global emergency that needs addressing immediately. Data starkly tells us that without increased action, we are dangerously close to irreversibly damaging life on Earth as we know it.

The future looks bleak. However, if we tackle the fundamentals in combating the climate crisis, we can reverse, or at least slow down, many of the predicted impacts on the planet. Seven priorities outlined at the latest Cop26 Summit define the essentials required.