Plan, Target, Report

https://www.weforum.org/first-movers-coalition

While all businesses and sectors need to develop distinct decarbonisation initiatives, there are common features that contribute to the success of most decarbonisation strategies.

Effective planning and transparency with stakeholders, together with measurable targets, is essential for creating a comprehensive and well-devised initiative that can be implemented by all the relevant parties. By embedding decarbonisation strategies into wider business strategy, organisations can ensure that every aspect of their business model aligns with the wider goal of transitioning to a net zero future.

Collaboration with suppliers, other business partners and governments is equally essential. Government policies that add clarity and build confidence are crucial to the adoption of net zero initiatives in every business sector. However, businesses also need to collaborate across traditional boundaries to demonstrate to governments what kinds of supportive policy environments are required to accelerate investment in scalable initiatives that are vital for a net zero future.

The right kind of leadership at all levels of an organisation is critical. We will explore some of the attributes that are needed to align purpose, effective strategy and the adoption of new business models in later Blogs.

4. Bibliography

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