Informed organizations in all industries are establishing carbon emissions reduction and net-zero targets. Protiviti’s Jim DeLoach explores how strategic conversations in the C-suite and boardroom have an important role to play.
Everyone knows that reducing energy consumption is a priority. The introduction of renewables continues as costs decline. The percentage of electricity consumed through non-fossil fuels sources — solar, wind, nuclear and hydro energy — in the total energy consumption mix is growing.
The Biden Administration has made climate change a priority as other countries all over the globe embrace green energy. Sustainable investments driven by screening criteria of institutional investors and asset managers are on track to represent more than a third of the projected total assets under management by 2025.
And as the influence of the Millennial generation continues to increase in the market, so do consumer preferences for doing business with companies committed to the well-being of the environment. Most importantly, talent is migrating to those companies. Studies have consistently highlighted climate change as the single biggest issue young professionals care about.
Bottom line, leaders in all companies,…
