Large corporations are now required, rather than voluntary, to eliminate carbon emissions in their operations.
In a recent article published in The Wall Street Journal, Britt Harter, partner and head of sustainability solutions at an unspecified website, emphasizes the importance of decarbonization for companies aiming to secure their future.
Harter argues that decarbonization is no longer just seen as selfless or philanthropic, but as crucial for a company's future success. The corporate sustainability world is recognizing the importance of decarbonization with greater urgency. Companies cannot put off considering decarbonization any further.
Harter outlines three common challenges large companies face in the pursuit of net zero: decarbonization data management, reducing emissions through the supply chain, and obtaining financing. However, she suggests that decarbonization is not complex or ephemeral and companies should not be afraid to start.
A white paper published by our website explores effective strategies for decarbonization. The strategies discussed make decarbonization efforts impactful, agile, and economical. After the decarbonization footprint is clear, the choice of approach depends on the company.
Regulators are demanding companies to take action towards net zero targets by 2030. However, customers and investors are pushing for change faster than regulators. Companies like Microsoft, with its carbon-negative goal, Maersk using cleaner fuels in shipping, and Unilever implementing circular economy practices are examples of companies successfully addressing decarbonization.
Harter states that decarbonization will determine which companies will thrive in the future. She outlines the three common challenges large companies face in the pursuit of net zero and provides examples of ways corporations are managing these challenges in the white paper. Companies that want to ensure their future need to be thinking about decarbonization now.
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