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Decarbonisation: What are the common pitfalls?

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Singapore

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Global companies are under extreme pressure from regulators, financers, consumers, and their employees to reduce their carbon footprint and prioritize sustainability efforts. But while we have seen tremendous momentum with corporate sustainability goal-setting, decarbonisation is complex to execute and only 28% of these companies are on pace to meet these goals*.

Commonly adopted solutions that range from carbon offsets and improving efficiencies may sound simple, but significant carbon cuts require sound technical advice, in-depth planning and support. Luckily, there is a convergence of key enablers to support these ambitions. These include digital advancements, positive policy changes and financing mechanisms.

Yet, the risks remain. Lack of proper planning or a robust decarbonisation roadmap can easily derail a company down a wrong, costly path.

Can companies have a decarbonisation plan that is ambitious yet realistic? And as Covid-19 crisis changes business priorities across the world, how do firms stick to these plans?

Join experts from Eco-Business and Engie Impact in a virtual dialogue on 2 July to discuss the pitfalls to look out for, the enablers to invest in and insights that help you find the best solution to decarbonise.

*Source: 2019 CDP data and ENGIE Impact’s analysis

The full agenda is available here

Asia Pacific's Hub For Collaboration On Sustainable Development
An Eco-Business initiative
The SDG Co