The initial corporate decarbonisation strategy and business case is just the first hurdle. To maintain momentum and ensure ongoing or increased financial commitment, sustainability teams need buy-in and engagement from executives, boards and investors. We explore seven commercial scenarios that help with this alignment.
The global climate crisis requires big investment from governments and businesses. While the price may be high, action is non-negotiable. The stakes are just too great.
For businesses, a meaningful and robust decarbonisation strategy needs to deliver short and medium-term emissions reductions but also long-term business transformation. It is a costly and complex process, often completed over many years.
The initial strategy and business case for action is just the first hurdle. To maintain momentum and ensure ongoing or increased financial commitment, sustainability teams need buy-in and engagement from executives, boards and investors.
In large businesses, being able to model and communicate climate performance and commercial positions with clarity and confidence is key to ensuring that change can happen at the scale and at the speed that’s needed.
Many sustainability leaders recognise this and are actively thinking more like CEOs and CFOs – two key stakeholders they need on side – as they navigate the path to net zero.
In this article we explore seven commercial scenarios that help with this alignment.
Here are key commercial scenarios corporate sustainability leaders should be equipped to model with ease to help the business better balance financial and climate goals.
The above scenarios illustrate how an organisation’s emissions position – and more specifically, the price of carbon – can be integrated into business-as-usual decision making.
Aligning the commercial and climate performance on the decarbonisation journey helps the business prioritise, invest and minimise risk. This in turn supports confidence and drives momentum in the low-carbon transformation.
The CORE Markets teams helps sustainability teams work through scenarios, and gain board engagement and approval. We also offer tools to help you manage the process in-house. Get in touch to find out more.