Climate and Energy
Powering Sustainability with Open Innovation
Changing market dynamics, rapid technological growth, and stakeholder pressure to find solutions to today’s toughest challenges requires companies to constantly evolve and develop new practices – if they want to stay competitive. There is no denying that every company can benefit from looking outside its own boundaries to come up with bold, new, and sustainable ideas. However, the search for open innovation and its integration into the company context needs to be done right to drive sustainable business transformation.
Bloomberg Sustainable Business Summit: London
This year's Sustainable Business Summit will take place in Bloomberg’s European headquarters in London for the third year. The summit welcomes corporate executives, investors and sustainability experts to learn and engage in conversation about sustainable business strategies in a post-Brexit world.
Where to Start with Practical Climate Action
In a time where thousands of young (and slightly less young) people are following the lead of 16-year old Nobel nominee Greta Thunberg by marching the streets, climate change might be higher on the societal agenda than ever before. Corporate climate action is definitely not a new thing – but today, even companies in traditionally less carbon-intensive sectors must also raise the bar committing to concrete targets to reduce their carbon footprint and contribute to the goals in the Paris Agreement. In this article, we propose a straight-forward 5-step approach to start building a pragmatic climate approach.
11 Years Left to Flip the Switch on Energy
The World Economic Forum published its second edition of the Energy Transition Index. The Index benchmarks individual countries on the performance of their energy system and their readiness towards the energy transition. It provides a framework for countries to design long-term energy transition roadmaps by looking at their energy system's current performance. Furthermore, it highlights the necessary enablers that improve a country’s readiness for energy transition.
Renewable Energy Innovation on El Hierro
As part of their round-the-world sailing trip in search of sustainable solutions, the Sailors for Sustainability visited the Spanish island of El Hierro. Propelled by the northeast trade winds, the Sailors sail to the smallest of the seven main Canary Islands, which makes good use of the constant wind, too. Wind turbines generate a large part of the island’s electricity needs. Yet the Sailors come to see another element of the island’s energy system: the innovative way energy is stored to match supply and demand. How did the islanders manage to set a world-class example in renewable energy storage and what are the success factors?
Bloomberg Sustainable Business Summit: Amsterdam
This year, Bloomberg is bringing its Sustainable Business Summit to Amsterdam for the first time on June 20-21, 2018. Don't miss the opportunity to meet and learn from a diverse group of sustainability experts!
Paying for Climate Change: Expensive Externalities
New York City is suing five major oil companies for their contribution to climate change. This new lawsuit highlights that the time for companies to pay for previously unaccounted externalities may come faster than expected. So it is increasingly important for companies to perform impact valuations in order to gain insights on their negative and positive externalities, and learn how to mitigate risks and leverage opportunities.
Can Investors Spur Shell Towards a Clean Future?
As we’ve all been reading for the last years, sustainability is a hot topic for many institutional investors. Over 1,600 asset managers have underwritten the UN Principles for Responsible Investment (PRI), representing $62 trillion assets under management. But how does it work in practice? Do sustainable investors truly walk their talk and act on mitigating a topic such as climate change as a risk to their capital invested? Can they use their power to change the course of the companies they put their clients’ money in?
How Copenhagen Realizes its Ambitious Climate Goals
As part of their round-the-world sailing trip in search of sustainable solutions, the Sailors for Sustainability visited Copenhagen last summer. The Danish capital has set the ambitious target of becoming CO2-neutral by 2025. This innovative policy objective makes Copenhagen the world’s leading capital city on climate change. Transformations in the construction, transportation and energy sectors will be required, which will not only have positive effects on the environment, but also create business opportunities.
