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HIGHLIGHTS & REPORT INDEX
As Humanity Continues to Cross Multiple Tipping Points in the Climate System, the Call to Reduce Carbon Footprint Gets More Desperate
Our climate crisis has been building for decades and has been publicized as the defining crisis of our time. But how many of us have been listening? Will this pandemic now shock us into taking note of the impending doom that awaits us? The writing on the wall is clear "more pandemics will occur as climate change worsens". Deforestation, urban crowding, destruction of animal habitats, wet markets for wild animals all open the gates for future pandemics. 18 months into the pandemic, 169 million infections; 3.5 million deaths; and $3.9 trillion losses in global GDP and the world continues to struggle to manage the contagion, grappling with challenges in developing, distributing and administering vaccines. Can we actually afford to enter into an era of pandemics? Scientists strongly believe in an indirect but strong link between the coronavirus pandemic and environmental degradation. Numerous pandemics taking place one after the other or even simultaneously is a real possibility if we don`t effectively and urgently address climate change. As climate continues to change it also changes the relationship between species on our planet with direct implications for our health and risk of infections. As the planet heats up, all animals on land and sea will begin migrating to cooler areas, bringing species into contact with each other creating opportunities for transfer of viruses and emergence of new hosts. Disruptions in rain cycles along with deforestation and global warming are continuing to disrupt natural habitats and behavior of viruses and pathogens and displaced exotic disease carrying animals increase the risk of human contact.
While international bodies and leaders put a brave face on a dismal situation, there is no denying that time is running out. Over the last five years, surface temperatures have risen sharply and sea levels recorded are the highest in human history. This is evident in Australia`s climate crisis as the country witnesses extreme heat, worst droughts, devastating bushfires and forest fires frequently raging on an increasingly parched and bone dry land. The urgency to keep global warming below the catastrophic level is becoming more dire by the day. The hyped apocalyptic point of no return is no longer over the horizon, humanity is now dangerously in sight of this tripping point. Sea levels are rising, the Arctic is melting, coral reefs are dying, oceans are acidifying, forests are burning, natural disasters and weather extremes are becoming more frequent, food and water insecurity is growing, risks of economic disruptions, conflict, and terrorism are running high. With the worst of our predictions hurtling toward us, now is the time to act. For companies, climate crisis will bring with it existential, financial, and business risks. Interestingly, businesses can be a powerful pawn in the battle against climate change given their strong position in society. Right from changing business models, developing sustainable products, enforcing carbon neutral practices among suppliers to encouraging changes in customer behavior, businesses through innovation a make a big impact in this all too important fight to contain climate change.
Simple ways in which companies can begin to reduce their carbon footprint include measuring and analyzing greenhouse gas emissions; reducing energy consumption; increasing the use of renewable energies; reduce waste and fighting obsolescence by future proofing, reuse, reduce and recycle; optimize employees` transportation and promote environmentally friendly ways of working; choosing greener infrastructures and equipment; shortlisting sustainable suppliers; raise awareness among employees, clients and stakeholders; mobilizing resources for climate change initiatives; among others. If you are a business leader, a stakeholder or working for a business then it is important to keep abreast of carbon footprint challenges and goals. Being socially responsible also means being sustainable. Sustainable business practices have a positive social and environmental impact and also drives profitability, making utmost business sense to trip the point of engagement where inclusion of responsible business practices are no longer just `nice to have` but an essential part of a business. Although not advantageously placed in the climate crisis emergency, with the right and timely strategies this is a race we can still win.
Adobe, Inc.;Alaska Airlines, Inc.;Amazon.com, Inc.;American Airlines, Inc.;ANA Holdings, Inc.;Apple;Archer Daniels Midland Company;Bank of America Corporation;Bayerische Motoren Werke AG (BMW GROUP);Cargill BV;Cisco Systems, Inc.;IBM Corporation;Turner Construction Company;
» Carbon Footprint
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa
TABLE OF CONTENTS
|II. EXECUTIVE SUMMARY|
|1. MARKET OVERVIEW|
|Influencer Market Insights|
|World Market Trajectories|
|Impact of Covid-19 and a Looming Global Recession|
|2. FOCUS ON SELECT PLAYERS|
|3. MARKET TRENDS & DRIVERS|
|4. GLOBAL MARKET PERSPECTIVE|
|III. MARKET ANALYSIS|
|Total Companies Profiled: 10|
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