Dalelorenzo's GDI Blog
15Jun/210

Countdown to COP26: How 2021 is a ‘make or break’ year in the fight against climate change

Countdown to COP26: How 2021 is a 'make or break' year in the fight against climate change

The latest UN report has put the world on red alert, but future directions of walk is clear - Schroders' CEO and experts give their view on the role of investors in the energy transition

This year will be "make or break" in the fight against climate change, the UN Secretary-General Antonio Guterres has warned.

The next United Nation environment meridian, COP2 6 - or to give it its full designation, the 26 th Climate conference of the Parties - is due to take place in Glasgow in November.

Postponed from last year due to Covid-1 9 restraints, it is being co-hosted by the UK and Italy, and countries are expected to announce new climate targets in advance.

The narrative

More than 190 countries have signed the Paris climate accord, which aims to limit temperature rises to well below two grades Celsius, and ideally to 1.5 stages Celsius, compared with pre-industrial levels.

However, provide comments on an interim report from UN Climate Change published on 26 February, the Secretary General described it as a maroon notify for countries around the world. To restraint global temperature had risen to 1.5 severities Celsius, we must chipped carbon emissions by 2030 by 45 per cent comparison with 2010 levels, according to the Intergovernmental Panel on Climate Change( IPCC ).

But the report revealed that while a majority of the members of societies represented had increased their height of aim over emissions targets, their blended jolts descended far short. UN Climate Change said they were on "a path to achieve merely a one per cent reduction by 2030 comparison with 2010 levels".

The initial "nationally determined contributions" synthesis report summarises the impact of 48 brand-new and revised. These NDCs are national climate programs including emissions parts targets for 2030.

What's the responses been?

As the final form will not be published until later this year, this is a snapshot. Nonetheless Patricia Espinosa, Executive Secretary of UN Climate Change has said that it establishes current levels of climate ambition are "very far from putting us on a pathway that will meet our Paris Agreement goals". She added that "decisions to accelerate and broaden climate action everywhere must be taken now".

COP2 6 President Alok Sharma has said the report should "serve as a call to action" and has asked all countries for ambitious 2030 targets. "We must recognise that the window for action to safeguard our planet is closing fast, " he warned.

Who else has been talking about COP2 6 and the fight against climate change?

As vaccinations have encouraged hope for an end to lockdowns, and even the pandemic itself, climate change is gaining friction again.

Government representatives, climate partisans, business anatomies, and media celebrities are queuing up to stress the urgency of the situation. Malala Yousafzai, the Nobel laureate and education campaigner, naturalist Sir David Attenborough, Tesla founder Elon Musk, and notorieties including actress Emma Thompson, Arnold Schwarzenneger, Leonardo DiCaprio and Pharrell Williams.

US president Joe Biden nursed his own leaders' summit on climate change on April 22 after he rapidly re-signed the Paris accord on participating the White House.

Bill Gates has published a high-profile book on the subject and said recently: "Avoiding a climate disaster requires a different way of doing business, the daring to take on probabilities that many Ceos are not used to making - and that investors are not used to rewarding."

In January, Schroders wrote to the UK's largest fellowships asking them to publish detailed and fully costed change designs on climate change impacts. Schroders' chief executive reminds "climate change is creating a 1929 moment".

In December 2020, Schroders affiliated 29 other world asset administrators representing more than$ 9tr of assets in launching the Net Zero Asset Managers initiative. This leading group of asset managers commits to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5 degC.

Schroders is also actively engaged with Climate Action 100+, an investor initiative to ensure the world's largest corporate greenhouse gas emitters take necessary action on climate change.

Schroders' chief executive was of the view that just as the 1929 Wall St crash led to a complete repair of firm clarity, companies should be under as much pressure now to deliver clear plans to tackle climate change.

Peter Harrison - Schroders' CEO:

"Initially, we have contacted companies in the FTSE 350 index. We have offered foundation in the execution of their plans but also made it clear that we will monitor progress closely. Looking onward, we will expect the same progress beyond these shorings. We would like to see all medium and enormous firms, regardless of where they are listed, publish their plans."

What do our specialists say? Mark Lacey - Schroders' head of world source equities:

"The high-profile intervention of Microsoft founder Bill Gates in the climate change debate should be welcomed. He captivates the challenge of the century: how do we stop lending 51 billion tons of greenhouse gases to the atmosphere every year. This needs to be done as fast as possible to avoid climate disaster and in an economic and balanced road. The world-wide intensity method, when you mix energy, transportation and heating/ cooling, is effectively responsible for half of the 51 billion tons of greenhouse gases being released into the atmosphere. This change in the vitality organisation to a more sustainable system is what people now can be attributed to as the 'energy transition'.

"As investors in this trend, we are responsible for investing our clients' money responsibly in the companies directly involved in the structural alteration of the world exertion arrangement over the next 30 years."

Lesley-Ann Morgan - head of multi-asset policy:

"As regulators and policymakers act to prevent a climate catastrophe, the implications for businesses and investments are real. It intends an growth in the way we generate and consume energy, the likes of which we've not realise for generations.

"Political will to take action continues to gain momentum, which entails corporations and investors will need to be active if they and their financings are to remain fit for purpose. To even begin to think about cros the daring net zero targets, fellowships need to fix quantifiable decarbonisation projects themselves.

"This highlights the importance of investing actively. And the importance of actively understanding what fellowships are doing to improve and deeming them to account if they don't.

"By looking for those companies that will contour a cleaner future, investors can benefit from the transition to a zero carbon world-wide. This will be one of the most disruptive challenges and opportunities that companies have to deal with in the next few years and decades."

Andy Howard - Global Head of Sustainable Investment:

"It's very clear that many companies , not only in the ponderous manufactures but across the board, are already working on or have carbonisation plans. It's very clearly altered from climate change being a sort of distance risk topic within boardrooms to one that's much more securely on the agenda."

Schroders is a partner of the Net Zero Festival. Click here to read more Sustainability revelations from Schroders

Read more: businessgreen.com

31May/210

We are facing a climate health crisis – it’s time for action

We are facing a climate health crisis - it's time for action

Ahead of next week's Net Zero Nature Summit, Sarah McDonald, vice president of sustainability at GSK Consumer Healthcare, reveals how the company is collaborating on a call to action to ensure climate and health strategies are better aligned

To be health, there is need to a health macrocosm to live in but unfortunately, the health of the world is under threat. Increasing scientific evidence illustrates climate change and nature loss are affecting the world countries and human health in many ways through rising temperatures, including air pollution, water scarcity and plastic pollution.

Core to our corporate approach, GSK Consumer Healthcare is tackling the environmental and societal obstructions between the planet's health and our human health in order to increase the urgency and passion of actions to tackle climate change. This is a problem that disproportionately restraints people's opportunities for everyday health and wellbeing through, for example, greater revelation to air pollution or longer and more acute occurrences of sickness such as allergies or flu.

With climate change and public health challenges are closely linked, the present working one of the most significant public health challenges we are confronted with. The effects of climate change are already causing premature death and worsening state sequels for countless various regions of the world and the expected direct financial costs are predicted to be$ 2-4bn per year by 2030. There is also a critical social equity dimension to the climate and health nexus which all actors from business to government would benefit from understanding in greater depth.

The medical community and healthcare jobs have recently been exploring these connections and are starting to act and propose for others to do the same. However, for countless non-health enterprises, the investment community, and politicians, the connections between climate and health are less clear, and are often neither meaningful nor tangible.

As Richard Ellis of Walgreens Boots Alliance observed, "the links between climate and health are so profound - especially in relation to air pollution, but we're currently analyse them as separate issues. What we do in the next year will determine whether we build climate and health systems that are resilient - including build resilience to the impacts of air pollution, but likewise tackling the root causes of air pollution in ways which can also drive connected benefits for health."

What's once happening and what's missing?

Many ventures have climate plans, with 2,162 the enterprises and 160 investors responsible for over $70 tr resources signed up to the Race to Zero and 1,366 organizations designating Discipline Located Targets( SBTi ); many also have health and well-being policies, particularly in the food sector. But the activities and approaches are not often associated nor are core to business, while opportunities are missed to accelerate progress in both.

Even within the healthcare sector it isn't always clear how best to approach involvements in these two interconnected organizations, and to activate programmes for both. There is also a lack of shared pre-competitive openings or guidance around what actually wields. For non-health sector firms, the lawsuit for play and potential outcomes are particularly unclear and hard to engage with.

What do we want business to do differently as a result?

At the Net Zero Nature Summit on the 27 th May, GSK Consumer Healthcare will disclose how it is collaborating with Forum for the Future, Walgreens Boots Alliance, and other important healthcare and non-healthcare stakeholders to galvanise business actions around the intersection of environment and health - with a particular focus on the challenge of air pollution. We are using COP 26, and occurrences that lead-up to the Glasgow Summit, to support a call to action for business to respond to the climate and public health crisis in ways that drive systemic change.

We offered to host a board to glisten a light on the connections between air pollution, atmosphere, and health, and boost understanding of what different high-risk people are seeing and feeling. We will use the panel discussion to identify how GSK Consumer Healthcare and other stakeholders can drive positive benefits for state and climate - including by working together to mitigate the impact of airborne pollutants. We will identify where action is already happening and how this can be accelerated or scaled up and agree on any areas where organisations can work together to accelerate progress in climate and nature.

Following these discussions, we will help to shape and subscribe a Call to Action gathered by Forum for the Future for businesses to respond to the climate and public health crisis in ways that drive systemic change towards positive atmosphere and health outcomes. Offering clear guidance on what practical steps businesses can take to drive altered in both challenges simultaneously, as well as reinforcing the potent persona that health can play in accelerating action on environment - we aim to use COP 26, and occurrences that lead-up to the Summit to amplify this Call to Action. We hope that you'll join us.

Sarah McDonald is vice president of sustainability at GSK Consumer Healthcare

GSK Consumer Healthcare is a partner of the Net Zero Nature Summit and Net Zero Festival

Further Reading

Business Leadership Brief on Healthy Planet Healthy People

An empowering business narrative and call for health resilient climate action

WHO Manifesto for a health and dark-green post-COVID recovery

Read more: businessgreen.com

21Apr/210

Survey of top business executives reveals fears Covid-19 crisis could stall corporate climate action

Survey of top business executives reveals fears Covid-19 crisis could stall corporate climate action

Business managers from around the world accommodate perspectives on the impact economic downturn could have on corporate sustainability the initiatives in major Deloitte canvas

A survey of hundreds of top business administrations by consultancy beings Deloitte advocates the Covid-1 9 crisis could retard sustainability strategies at firms various regions of the world, despite climate change impacts remaining a major concern within the overwhelming majority of organisations.

A poll of 750 business leaders published this morning by the management consultancy firm has is demonstrated that 65 per cent of executives said their company is required to "cut back" on environmental sustainability initiatives in some way as they strive to handle the fall out from the pandemic.

Despite high-profile announces from across the corporate sector for a 'green recovery' from the pandemic and a glut of net zero deposits launched during the past year, Deloitte's survey highlights how simply 23 per cent of executives polled expected the companies they worked for to ramp up their environmental sustainability plans following the completion of the health and economic crisis.

The revelation from business insiders that sustainability programmes "couldve been" hindered in the wake of the economic downturn comes despite widespread expressed concerns about the atmosphere crisis among business leaders, according to the findings. Some 82 per cent of business leaders described their organisation as either "concerned" or "very concerned" about climate change impacts and 81 per cent of executives agreed or strongly agreed that businesses could do more to protect the environment.

Meanwhile, around 30 per cent of respondents said their company was already starting to feel the operational impact of climate-related disasters.

Michelle Parmelee, representative CEO and director parties and purpose officer at Deloitte Global, described the results of the survey as "mixed", but stressed the findings highlighted the business case for attacking climate change and impelling environmental sustainability "a true-blue imperative for executives".

"On the one side, the pandemic has retarded some of the momentum toward combatting the climate crisis that has been building over the last couple of years, " she said. "On the other hand, there has emerged a newfound sense of determination that if we act now, we can alter the course of climate change and shunned worst-case scenarios case scenarios down the line."

The survey divulges the top four activities being prioritised by companies to combat the environmental emergency are the adoption of public policy importances that promote sustainability and climate change action, work to ensure suppliers and business partners meet specific environmental sustainability criteria, use of more sustainable fabrics, and drilling the board and senior management on atmosphere issues.

Remote working was also identified by business leaders as an act become more prioritised by fellowships as a means to reduce their environmental impact. Some 38 per cent of respondents is demonstrated that their firm had promoted manipulating from home as a means to reduce emissions from passage, up from the 19 per cent recorded in early 2020, before the pandemic interpret empoyees around the world pivot towards dwelling working to avoid the spread of the virus.

Despite the current economic headwinds, the findings highlight how ministerials are universally confident about the future, with approximately 63 per cent of executives claiming they speculated the worst impacts of climate change can be limited if immediate action is made. However, a third of respondents agreed with the statement that the world had "already hit the point of no return" and that it was "too late to repair the damage".

Read more: businessgreen.com

18Apr/210

Avoiding a climate culture war: How can the UK maintain broad support for net zero action?

Avoiding a climate culture war: How can the UK maintain broad support for net zero action?

Difficult policy questions lie ahead that could sow grains of partition- but could a 'patriotic sense of national mission' help smooth the path to net zero releases?

Just as the UK perceives itself extending the world's efforts to set out on an epoch-defining economic transition to a net zero economy, the country - from both a political and cultural standpoint - has rarely felt more divided.

The UK is already five years in to a period of significant constitutional agitation, political indecision, and economic headwinds, first from Brexit and then from the coronavirus crisis. These historic challenges, coupled with the sluggish productivity and glaring inequalities that have come to define the 13 times since the global financial crisis, have reshaped age-old political devotions and supported the foundations for the purposes of an escalating culture combat that identifies political and media rivals scrap topics such as statutes, mask-wearing, political correctness, and flag-waving.

Against this volatile backdrop, the political consensus on the need for climate action has, perhaps suprisingly, been generally maintained. Extinction Rebellion's approach to protest and Greta Thunberg's interventions may not have secured universal approval, but political parties across the spectrum still concur with their central meaning - that climate change is an emergency that requires urgent and sustained action. Prime Minister Boris Johnson may have been willing to stoke the culture war on multiple breasts, but when it comes to climate change he has attacked the consensus and sought to position climate action as a central board of his agenda. Meanwhile, the private sector organizations remains more committed than ever to accelerating the net zero transition.

However, one only has to look across The Pond to America to see the constant hazard of climate change and the net zero agenda slipping into the racial war countenance quarry, where striking divisions between the Republican and Democratic gatherings have long held back policy progress. Is there a danger of the same happening here in the UK - of net zero becoming a brand-new territory in increasingly fraught culture combat? For Tim Lord, senior companion at the Tony Blair Institute for Global Change, if political leaders prove self-complacent - if they think it could never happen here - the health risks is a very real one.

"Difficult policy decisions lie ahead which will directly affect the way people live and work, and if they aren't designed and communicated in the right way then politicians gamble leaving the field open for climate change to become a divisive party-political issue, and even weaponised as the next culture fighting, " he alerts. "Support for net zero can be maintained - but action is needed to build and communicate a positive lawsuit for act which reverberates across the political spectrum."

Lord, who has almost 20 years' suffer working on environment, vigor, and industrial program - most recently as superintendent of the UK government's decarbonisation strategy - has co-authored new research for the Institute which today seeks to address some of the crucial political questions circumventing the next stage of the UK's net zero modulation, which will increasingly necessary the direct participation and subsidize of the British public.

Fortunately, the research begins by arguing the present situation is a good one as far as public and political expressed support for net zero is concerned. Assessing various sources of public polling on atmosphere topics in the last decades, including regular study by the Pew Research Centre and the UK government's own Public Attitudes Tracker examinations, it concludes expressed concerns about climate change is at record levels. Not simply that, but unlike after the global financial crisis in 2007 -0 8, that concern has been sustained despite the chao of Covid-1 9. Climate change is now a major issue at the ballot box and, contrary to some media preconceptions, it is not just an issue for certain subsets of voters either, but is of growing concern across all age groups, income levels, and urban and rural areas of the country, according to the report.

In short-lived, politicians can be confident there currently exists strong and sustained desire for climate act right across the board. "Climate change is here to stay as a political issue, " the report states.

Yet that is far from the whole picture. To date, life-styles have been broadly unaffected by decarbonisation that has witnessed the UK cut its emissions in half since 1990. But as anyone in the green economy knows, the second half of that jaunt promises to be much harder, involving tough political choices that instantly alter the public through changes to their transport, nutritions, and home heating. Meanwhile, there are fractures beginning to show in the broad coalition in support of the net zero mission, which in many ways follow the same dividing lines as those between 'Leave' and 'Remain' supporters that has defined British politics since the EU referendum in 2016. Polling indicates socially conservative voters tend to be much less supportive of climate action than more socially liberal voters, and that divide increasingly manifests the bases of the two main political parties in the UK.

Recent debates bordering plans to build the UK's firstly coal pit in 30 years require a case in point. While environmental campaigners and the Labour Party have argued the project will add to greenhouse gas emissions and undermine the UK's climate leadership credentials in the run up to COP2 6, some Conservative MPs have vocally argued that the pit is crucial for jobs and growth in the area. Against this backdrop, the government has flip-flopped on the issue, first tacitly supporting the project, and now launching its examination of the controversial plans.

As such, today's report argues that in order to ensure a long-term political alignment of support for the net zero transition commanders across the political range will need to work hard to maintain it. "Getting this right - developing a unifying politics of the environmental issues that speaks to the concerns of the large bulk of the electorate - is perhaps the most important long-term political challenge of our time, " it states.

For its part, the authorities concerned appears to be considering these risks. Earlier this month two cases of handiwork commissioned by government departments for Business, Energy and Industrial Strategy( BEIS) be issued, one report on net zero public action and participation by Cardiff University's Dr Christina Demski and another which solicited public beliefs on net zero that was carried out by Newgate Research and the University of Cambridge. Both universally support the view that, over the coming decade and beyond, the public may be required to far more directly involved in the net zero modulation than they have been so far, which will in turn necessitate brand-new date approaches from politicians and businesses to avoid pushback and division.

Demski's report warns of a lack of public awareness about many of the challenges required to meet net zero, and warns that high levels of concern about climate change do not undoubtedly translate into committed support for the types of changes that may be required. As a outcome her analysis warns that "overall public date and participation may have the potential to impact the tempo of transmission, cost and success of net zero delivery".

The Newgate and University of Cambridge work, meanwhile, involved a total of 93 participants from across the UK in online research, which sought to identify the easiest and toughest challenges for delivering decarbonisation, as well as how best to engage people with net zero programs. The two most contentious policy areas, it knew, were around vehicle possession and nutritions, with a clear desire among some groups to maintain freedom over choice over how and when they buy a private automobile or feed meat and dairy. Yet such research also emphasized "very limited awareness" among the public of possibilities policies that could be looked at in the course of the year in a bid to reduce carbon emissions.

"Ultimately people wanted net zero to be achieved in ways which respected individual choice and promoted wellbeing, which were seen to be fair in their distributional significance, and which did not limit interpersonal relationships or result in the widening of social prejudices, " it concluded.

Clearly, participation with the public that openly addresses the new challenges, payments, and modifies ahead in the drive to net zero must be at the top of the agenda for the UK government's environment policy, taking the baton from where exercises such as the recent citizens' Climate Assembly UK began.

To do that, Lord today says lessons must be learned from the fallout of the Brexit referendum so as to avoid further polarisation and department on climate act. In particular, he points to the Remain campaign's focus on the economic assertions for EU membership, while the Leave campaign opted for a more values-driven campaigning approach that was arguably more effective. "Similarly now[ with net zero ], you have to think about how are we frisking to a really wide prepare of values, so we're not just talking about the 'just transition' and economic right, we're not just talking about the moral disagreement for atmosphere activity, " he tells BusinessGreen. "I wouldn't dismiss either of those arguments, as they're both important, but they're not going to resonate with a wide enough group of voters for the kind of action that is needed for net zero to be politically sustainable."

Consequently, his report indicates political leaders need to not only strengthen voters' understanding of what net zero actually means for them, but pattern and communicate public policies that appeal to voters with different quality across the growing divide. It also sets out how fears that the transition could adversely affect jobs and communities must also be addressed head on, with clear assurances from political leaders that the mistakes of the past have been learned after the shuttering of industry in the 1980 s without the financing and transitional strategy that could have alleviated much of the resulting economic agony and social dislocation. And it points to the fact that moral and economic controversies for environment action are not enough on their own - instead a "patriotic sense of national mission" should be provoked which places emphasis on regional ownership of climate solutions and ensures that green growth and jobs are delivered "in a way that is meaningful and visible".

Yet bringing patriotism into the realm of climate act also arguably views its own jeopardies. As antagonisms between the UK and EU over AstraZeneca's Covid-1 9 inoculation roll out reveals, national grandstanding can serve to undermine much-needed international cooperation on crisis of world-wide proportions.

Lord, nonetheless, contends a constructive patriotism has a role to play. "Firstly I think what that's really about is climate change being a polity rather than a politics of separation, because patriotism can be about requiring better communities, healthier life-styles and better places, etc, " he says. "And furthermore, a hasten to the top on decarbonisation is undoubtedly a good thing. Some countries have different challenges and strongs in terms of getting to net zero. A patriotic framing of this that introduces a sense of national duty and shared endeavour can be really positive for the orders of the day. The other thing I'd say is that if parties was concerned at excessive patriotism, then a much bigger concern for me would be a world where we haven't dealt with climate change, and what that will do in terms of world-wide geopolitics. Because the disruption to supply chains and some of the unmanaged affects, I see, will be very risky from a political perspective."

As an example for businesses, he foreground General Motors' recent electric vehicle push, which included a major advertising campaign pioneered by Hollywood comedian Will Ferrell that was screened to big audiences during the US Super Bowl. The advert light-heartedly calls for Americans to build driving EVs part of a patriotic mission to catch up with Norway, one of the world leaders on artillery vehicle approval. Interestingly, the ad does not once mention the words 'climate change'.

"I assume that's because GM thinks that is the most effective message for purchasers, and it's an assertion around patriotism, and around the fact that these products are better than the high-pitched carbon or unsustainable alternative, " Lord memoranda. "I think there's a really interesting lesson, or at least a extent of reflection, in there for businesses thinking about how to sell themselves to consumers."

Whether carefully-framed patriotism and national contender is the answer to avoiding a climate culture war and still further political fraction remains to be determined, but it is a compelling argument that - certainly in the case of Boris Johnson's 'world leading' claims and GM's TV adverts - is clearly already being tested out by both politicians and top businesses.

Whatever the answer, with tougher decarbonisation challenges onward, the wider public cannot be excluded from the net zero conversation for long, and ensuring unity of support for climate action is almost certain to become one of the most important missions for policymakers over the next decade. Indeed, the success of the entire net zero project relies upon it.

Read more: businessgreen.com

6Apr/210

International Women’s Day: Sustainable business leaders reveal their hopes for ‘a greener, fairer economy’

International Women's Day: Sustainable business leaders reveal their hopes for 'a greener, fairer economy'

For International Women's Day, BusinessGreen spoke to light-green economy chairmen on the nation of diversification in the sector

The pandemic has highlighted how quickly a crisis can disclose and exasperate existing gender, hasten, and class-based inequalities, while also providing a remember of how the climate emergency carries all the same likelihoods, but enlarged. Study upon study has documented how the combined effects of lower average incomes and women's capacity as primary caregivers means they typically bear the brunt of extreme weather events and are statistically more vulnerable to the food, exertion, and irrigate dearths that can be caused by a changing climate. But despite women's position on the atmosphere frontline, persevering structural prejudices imply women's tones and sentiments are often side-lined in discussions and negotiations on climate, force, and environmental issues, at high levels of both international negotiations and neighbourhood delivery.

That said, women have played a central role in 21 st century atmosphere activity. The landmark Paris Agreement was designed and brokered under the leadership and force of various ladies, including UN climate change chief Christiana Figueres and France's climate ambassador Laurence Tubiana. Since then, a demonstrate movement of millions catalysed by Swedish teenager Greta Thunberg has significantly pushed climate up its agenda. Meanwhile, wives are increasingly at the forefront of the growing corporate and investor environment activity progress, from Apple's Lisa Jackson and l'Oreal's Alexandra Palt to Ceres' Mindy Lubber and the Principles Responsible Investment's Fiona Reynolds. And there are a lot, many more maids manipulating behind the scenes on expeditions and plan, in businesses and within communities.

But the rapidly growing green economy has a huge way to go before its gender poise reflects that of society, with the government's initial decision to field an all-male leadership team for the forthcoming COP2 6 climate conference - an imbalance it has now sightly resolved - providing a high profile example of how subjects still predominate many of the key provinces within the net zero transition. The same inequality is abounding in the field covered by green business. In the UK energy sector, merely 12 per cent of architects and 13 per cent of card tushes shall be kept by women, and while the gender pay gap is shrinking, it is still large-scale, with guys deserving on average 17.5 per cent more than women in the same roles. Meanwhile, the overwhelming majority of students opting for discipline, engineering, engineering, and maths( STEM) severities are still boys, with just 26 per cent of STEM graduates in 2019 across the UK maidens .

Similarly, the UK's investor community, which is set to have an outsized influence on the UK's net zero modulation due the key role in stumping the costs of early-stage, high risk climate technologies and financing the lettuce infrastructure onslaught required to decarbonise the UK's energy, structures, move, and manufacture, remains overwhelmingly male. Less than 13 per cent of UK venture capital investment teams are women , and 48 per cent of investment crews have no women at all, according the British Business Bank. It's a gender inequality that risks diminishing progress, given that investment teams with more women and ethnic minorities have been proven to outperform the "male and pale" squads that has all along been reigned the industry.

There is some evidence that gender balance is a bit better when it comes to corporate sustainability roles, but many structural and cultural challenges remain for women in businesses of all types. And more generally, ladies across the UK continue to earn less fund in the same positions as men and do 60 per cent more unpaid domestic works such as cooking, childcare and housework, a gendered subdivision of payable piece the UN has warned has been turbocharged by the pandemic as household chores and care has multiplied.

To mark International Women's Day, BusinessGreen expected some of the UK's climate, vigour, and sustainability managers for their thoughtfulness on the state of diversification within the sector and the importance of female participation and leadership. The picture that surfaces across the board is one of hope and seriousnes. The submissions stress the vital role ladies have recently been played on environment war in the UK and further afield. They emphasise the dark-green economy of the future can only be truly successful and fair if it has been established by a diverse array of parties , noting that any alternative approach runs the risk of producing climate solutions that marginalise parts of the popuation and irritate existing inequalities.

As such, there is an urgent need to boost representation of women and minorities in the ever-growing ecosystem of light-green spheres, firms, and groups driving the net zero transition. As WWF's chief economic advisor Angela Francis set it: "A greener fairer economy is not an abstract concept or a motto, it conveys real improvements in people's lifetimes - in women's souls - and we should be using all of our abilities to deliver it."

EnergyUK chief executive Emma Pinchbeck shared how she hoped her efforts to visibly juggle childcare and her enterprise on Zoom announces could break down preconceived ideas of what leader looks like. Farhana Yamin, foremost environmental solicitor and activist, spoke of being the first girl in her family to go to university and hymned the need for laws and a climate movement that attacks prejudice thought on. PwC climate lead Celine Herweijer - who is to become HSBC's first global sustainability officer later this year - paid tribute to the female commanders that have been at the forefront of the atmosphere fight thus far, and We Mean Business CEO Maria Mendiluce reflected on how successfully tackling the climate crisis would require huge amounts of "generosity of spirit", a characteristic she said had been familiar to female caregivers throughout history.

On this International Women's Day, now they are in their own words 😛 TAGEND

Emma Pinchbeck, chief executive EnergyUK, said:

The energy industry is changing rapidly. As we decarbonise, we will need an increasingly diverse personnel , is not simply to ensure we search more like the society we provide, but because we will need all the good suggestions we can get.

Just 12 per cent of the children of architects are women, so we need more diverse STEM candidates. Similarly, we need to value broader skillsets because many of our tactical challenges are social or political. Dames hold only 13 per cent of the children of executive council posteriors although that has redoubled since 2019. If we want dames to progress in our sector, we need them at the top because you can't be what you can't realize.

I have had the opportunity to put into practise much of what I preach since becoming chief executive in September - an appointment stirred possible by steps to accommodate a breastfeeding mom and flexible hours. I hope there's value in others understanding me juggling my daughter and my career( often visibly on Zoom calls) - after all the gender pay gap - 17.5 per cent in the vigor sphere, according to the ONS - is in part due to women's career routes after having children.

The industry does have measures in place to increase diversity, recent sector considers have included diversity commitments and there are initiatives spanning specific sectors, including Energy UK's own Pride in Energy network and Equality& Diversity Forum.

I am mesmerized to see whether new ways of working in the pandemic will endure, and if they will make it easier for diverse campaigners to progress - something we will be exploring more at our forthcoming Inclusion, Equality& Diversity conference in April.

Farhana Yamin, lawyer, author, organizer, and advisor to the Climate Vulnerable Forum, said:

I was the first woman in my family to go to university. The first to go into a professing, statute, and the first to out earn the three men folk. Not bad for a Muslim and a migrant who came to this country speaking only a few words of English! I was lucky to benefit from a booming 1990 s economy. International Women's Day is a date I take stock of the tremendous strides formed in my lifetime. A likelihood for me to thank the contemporaries who fought for equal opportunities so I could flourish by fighting for regulations like the 1975 Sex Discrimination Act and 1976 Race Relations Act 1976 that fixed the Equal Opportunities Commission. I am living proof that ordinances, and their implementation matter, and make a big difference!

I see my climate work through the lens of these earlier social justice contends to make a better world for everyone. Covid-1 9 and the Black Live Matter changes have uncovered that we are not all in the same boat. For 30 times, I have placed my vigor and endowment to get prone countries and communities who contributed little to climate change and will be impacted most a seat at the top table. They are still excluded from power and struggle to have their voices heard. No-one is voiceless but some are not given the microphone and even then, are ignored by the powerful.

The story of the goal of net zero radiations, of orientating the economy to respect the 1.5 C restriction and support those now facing climate related loss and injury, are the defining social justice struggles of our age. People today forget there was massive resist to movements championing feminism and ethnic equality and often the commanders of these shifts were vilified or labelled as idealists or fanaticals, sometimes both! I am sad to see the same kind of onrushes now on those resulting the fight for climate justice, including our young people, who are asking for the "unrealistic" right to be heard and their own views about climate answers that leave no one behind to be respected. I hope COP2 6 will be a turning point and build us realise the fight for climate justice is just another period in the story of securing equal opportunities and allowing all life to flourish on earth.

Maria Mendiluce, chief executive We Mean Business coalition, said:

I am aroused to see leadership from a growing number of women working to solve the climate crisis. I believe that to solve this crisis, it is essential to deeply convert our economic systems, from meat to force, from mobility to fabrics. No single person, business or country can achieve this alone. It requires a change of attitude and a different adjust of skills which I understand many brides bring to the table: collaboration, ingenuity, magnanimity, fearlessnes and feeling.

Creating a safe collaborative cavity amongst playing businesses to solve the issues that impact their part ecosystems was a core part of my work at the World Business Council for Sustained economic development and continues to be now as CEO of the We Mean Business Coalition. I have is evident that the various kinds of alterations necessary has to be a team effort. Co-creating mixtures and putting the general interest ahead of personal interests has proven to be the only way forward for societies, and certainly for numerous women at all levels in society.

Effective collaboration requires a generosity of intent, a fundamental character of human nature, and one that society has historically demanded of women in particular, with women still carrying the greater burden of domestic and caring tariffs. It was this generosity of being that offset the Paris Agreement possible under the direction of two outstanding leaders, Christiana Figueres and Laurence Tubiana, and many more women managers who are less in the public eye.

The latest discipline tells us that we are surpassing the Earth's planetary boundaries. Air pollution kills one every five people on the planet. We know there is a huge inertia in our global economic systems. But we have no time to lose when it comes to climate change. Courage and spirit are needed to accelerate the speed of alteration. I are confident that more women in leadership situations will transform the way countries, institutions and industries view and act upon these challenges along with implementing solutions to protect the world for contemporaries to come. It's part of their DNA.

With dames disproportionately affected by climate change, it is important to see more female utters on leader programmes being part of the crucial decisions that will determine how we accelerate action to the levels compelled.

Angela Francis, manager advisor of financials at WWF, said:

On International Women's Day, I think it is useful to reflect how we can bring the sum of all our aptitudes - all the diversity of thought and imagination - to bear on the mission of our contemporary, delivering a greener, fairer economy for all. This is certainly a challenge that needs the skills of all of us!

Importantly, a greener and fairer economy will benefit those who need it most; the poorest and more vulnerable globally, those who would suffer most from unchecked climate change and biodiversity loss. Very often that means black and chocolate-brown women in the poorest countries in the world are present in farming and food production.

We know that investing in greening our improvement is the best way to build back better post-Covid in the UK, because it will generate the jobs and business opportunities that make-up us resilient to future shocks and competitive in the net zero and quality restorative economy of the future. The same is true globally, particularly in farming. It's critical for parties and planet that we move from conventional industrial patterns of agriculture that drive climate change and biodiversity loss, to more agro-ecological farm skills. This also has major welfares for the women who work and live in farming parishes around the world.

Not merely are farm workers little exposed to dangerous and deadly pesticides, agro-ecological farming that works with natural organizations necessary knowledge and skills that promote better ownership frameworks and employment opportunities. Agro-ecological farming increases job opportunities and wages, especially for women. Too, various types of harvests and different income streams associated with agro-ecological systems reduce exposure to crop downfalls and pests, and improve resilience, home nutrient security and regional food chains, all of which benefit women.

A greener fairer economy is not an abstract concept or a slogan, it symbolizes real improvements in people's life-times - in women's lifetimes - and we should be using all of our knacks to deliver it.

Dr Celine Herweijer, world-wide climate change leader, and partner at PwC UK, said:

It's been an incredible motivation for me personally to have such strong and superb girl chairwomen at the forefront of tackling the climate crisis over the past decade or two - Christiana Figueres, Rachel Kyte, Connie Hedegaard, Winnie Byanyima, Gina McCarthy, Mindy Lubber. It's tough to words check as there are so many - mediators, generators, scientists, designers, businesswomen - all making a critical contribution. It's great to see gals glinting throughout the climate movement, and I've seen and felt a huge amount of collaboration, approval and camaraderie.

With sustainability now finally, and rightfully, shifted to the boardroom, we need to really pay attention to ensure that female talent goes right to the top. Not unsurprisingly, as with other sectors and industries, female image in atmosphere leadership personas troughs with rank - particularly in the corporate macrocosm. This again glints a light on the systemic challenges of gender diversity in boardrooms and senior leadership more broadly.

Reflecting on International Women's Day and in this important decade of atmosphere act, it's our character, our opportunity and responsibility as female chairmen to show how we can radically collaborate to create change, and as we do so, to "pay it forward" to help those future presidents fulfil their potential.

Juliet Davenport, chief executive of Good Energy, said:

I've been in clean energy for over 20 times and one of its most important things I've learned is the importance of supporting others. Being honest and celebrating other businesswomen's success is a great way to start.

The main barrier to gender diversity in all companies is that it requires systemic changes in culture, manipulate programmes, and financing tiers. Most, if not all, business have the capacity to move economy savings. And any firm with a diversity problem is likely be more inefficient and less innovative. These publications should be central to how any business is run and not treated in isolation.

All business , not just green ones, need to look at career development for women in areas of under-representation. Promoting flexible working for both genders is one way to do this as it recognises that many women's jobs will be enabled if guys take over an equal character in caring for dependants.

The bigger picture is we need to create an inclusive culture where women see energy as an alluring busines option. This starts at a young age, heartening more girls and young women to choose to study STEM subjects which are crucial in the sector. It also signifies showcasing role model and promoting professions across the industry.

Sagarika Charterjee, conductor of climate change at PRI, and COP2 6 high-level advocates team finance conduct, said:

Women leadership has a critical role to play, and there are two reasons. The first is that maidens are more impacted by climate because of the role they have as caregivers; they are more likely to be displaced by flooding, and more vulnerable to extreme weather events. The second is that we need to have women not only factored in, but represented at every single level as we tackle climate change. That implies at the political level, at the technical and scientific level and at the inspirational' hearts and minds' level. We need political digits and corporate board-level climate competency that includes representation of women, and we need the mobilisation that is done on climate change - and the changes we legislate - to very much think about women and include maids as leaders.

Last week we saw Citigroup's brand-new CEO Jane Fraser commit the bank to net zero on her first day. The PRI is still reviewing that net zero commitment, but I thought it was quite a symbolic thing she has done, on her first day. This year we have also seen the US re-join the Paris Agreement, and speaking in a more personal ability, that winning combination of Joe Biden with Kamala Harris enables us to tackle these key challenges in very different ways to what we have over the last few years. The US climate leadership that we are now expecting to see at the Biden climate summit on April 22 and the domestic scale-up in climate policy will enable better cooperation at an international level between the US and with the EU and with EU Commission President Ursula von der Leyen, involving the strong cooperation with China. At the investor level, some of the female supervisors that are extremely influential today are Anne Simpson from CalPERS, who has been the driving force behind CA100 +, and Fiona Reynolds as PRI CEO.

There is a clear need for female presidents to address the climate challenge, so they are represented and gender really is factored in at every single level.

Living in Tottenham[ in northern London ], I was close to Black Lives Matter declarations[ during the course of its pandemic ], which is of course related to this conversation, having regard to the deepened difference that you get from climate and the state effects of climate change. We've seen how susceptible the BAME community has been through the pandemic...

On a personal level, as someone who is a working mum, this pandemic has been rather trying! ... This is very small compared to numerous people's challenges, but we appeared after my sister-in-law's teenagers classifies for three days of the week for one period. It was hard, and of course some people had[ places like] that all the time ... That reinforces, for me, how we need inequalities to be addressed at every level, including for professionals such as myself.

Hege Saebjornsen, country sustainability manager at IKEA UK& Ireland, said:

At IKEA, we are strong advocates for gender equality and diversity. Not only is it the right thing to do, but we recognise that ensuring a diverse and all-inclusive workplace manufactures good business feel and is the only way we will be able to solve the composite and interdependent challenges of climate change.

"I strongly believe that the most diverse a structure, "the worlds largest" its ability to respond to change. Having a wide range of ordeals and aptitude is integral to providing multiple perspectives, events and lore to tackle the changes and challenges our communities and planet face. That is why we need diverse - be that more female and/ or minority - leadership in the sustainability space to provide new ways of theory, behaving, leading and evaluating change.

The climate crisis requires us all, regardless of gender, hasten or sex orientation to step up to the challenge, radically rethink our intake wonts and ensure that sustainability is entwine into every part of our lives. It's merely "the worlds largest" resilient jobs who will survive, and the best way to do this is to bring in those who help us think outside our own box."

Iliana Portugues, head of UK and National Grid Ventures Innovation, said:

Transitioning to net zero by 2050 in a fair and sustainable way requires commitment to diversity and inclusiveness of foresee. We know we need a mix of perspectives, events and knowledge to fully understand and solve complex challenges, and to achieve this we must engage the whole population. However, the vitality industry still has some action to go.

In path with this year's International Women's Day theme of choose to challenge, there's opportunity for commanders to take personal responsibility for gender balance and equality. Industries need to attract and help female geniu by actively spotlighting role models, celebrating women's successes and inspiring young girls to consider STEM. We need to retain this talent by implementing training, improvement and networking programmes to support progress, and commit to all-inclusive practices to produce the whole workforce, each and every individual, on the journey.

Energy and the environment are world-wide existential challenges. It is in our own best interest to have a net zero workforce that truly represents and manifests civilization in order to address them; females are 50 per cent of this equation."

Read more: businessgreen.com

10Mar/210

Cumbria Council to reconsider controversial coal mine approval over climate concerns

Cumbria Council to reconsider controversial coal mine approval over climate concerns

West Cumbria Mining's plan to open UK's first coal mine in 30 years to be reviewed 'in light of new information', says committee

Cumbria County Council is reconsidering its contentious decision to approve plans for the UK's firstly brand-new coal mine in 30 years "in light of new information", it has announced that, citing greenhouse gas radiations projections published by the Climate Change Committee late last year.

Plans to build a metallurgical coal mine on the Cumbrian coast near Whitehaven have been the subject of intense debate in recent weeks after the government opted against bar the project in spite of widespread very concerned about an influence on the UK's climate goals.

Cumbria councillors initially granted permission for West Cumbria Mining's plan last-place October, insisting coal was still needed for steelmaking in the UK, and that it could still go ahead within the UK's carbon budgets while also creating jobs in the region.

However, environment activists have long disagreed a new coal excavation will generate significant greenhouse gas releases while eroding the UK's climate leadership credentials as the co-host of the crucial COP2 6 global UN climate change summit in Glasgow last-minute this year.

The project looked to have progressed the final impediment after Communities Secretary Robert Jenrick decided against calling-in the council's planning decision for its consideration in January, debating the matter should be decided upon locally - a decision that inspired irritable commentary from dark-green groups and consternation within the government's COP2 6 team.

The UK's independent advisory body the Climate Change Committee( CCC) also wrote to the government last-place month setting out its concerns about the Cumbria coking coal project, reckoning the project wold release more emissions than all of the UK's existing coal pits developed in partnership through to 2050. It too told standing the coal pit to go ahead risked creating a "negative impression" of the UK's climate priorities in the run up to COP2 6.

But in a scandalize announcement today, Cumbria Council said it now plans to review its initial meaning decision last-place October "after the receipt and consideration of new information" published by the CCC in December as part of its most recent report on how to deliver the UK's net zero target.

"This decision has been taken because in December 2020, the government's Climate Change Committee released its report on its recommendations for the Sixth Carbon Budget, a requirement under the Climate Change Act, " Cumbria County Council's statement today reads.

The statement suggestions at concern that emissions generated by the Cumbria coal mine project could blow a pit in the UK's statutory climate change targets for the mid-2 030 s.

"The report, among other things, sets out a number of the publication of greenhouse gases the UK aims to emit during 2033 -2 037, " the statement continues. "This new information has been received prior to the issue of the formal decision notice on the employment. In light of this the council has decided that the planning application should be reconsidered by DC& R[ Development Control and Regulation Committee ]. "

The tale has threatened to become increasingly embarrassing for the government, which is simultaneously seeking to persuade countries around the world to commit to phasing out coal power in order to help meet international targets agreed for the purposes of the Paris Agreement.

The Minister of Housing, Communities and Local Government was considering BusinessGreen's request for remark at the time of writing of going to press.

The CCC, meanwhile, declined to comment on today's announcement. However, lettuce radicals warmly welcomed the Council's statement, which follows increasing pressure from campaigners and scientists, as well as significant media coverage over the issue.

Just last week, more than 70 of the UK's largest environmental groups wrote to Prime Minister Boris Johnson urging the government to reverse its decision not to call-in Cumbria council's proposing approval.

Greenpeace UK's chief scientist Doug Parr said that should the Council end up blocking the coking coal mine after all it would be a "very welcome" U-turn.

"It's absolutely right that the county should reconsider a blueprint for a new coal pit in light of evidence demonstrating how damaging this would be for our environment, and for the UK's international reputation, " he said. "Any such switch does not let the government off the hook though. Ministers should be ashamed of their failure to step in on an issue of obvious international significance. Even if the coal quarry is canned by Cumbria, "thats still" a world-wide shame for the UK in a year when we were supposed to be setting an example on climate war for the world to follow."

Labour's Shadow Business Secretary Ed Miliband also welcomed Cumbria Council's decision to review the coal pit project , noting that this now generated the authorities concerned another opportunity to block the project.

"The government now has a second chance to do the right thing and call it in, " he said. "The UK cannot claim to be a climate leader whilst opening a brand-new coal quarry and Ministers must realise that by doing so they subvert our credibility both at home and abroad."

Miliband, an instrumental figure in getting the Climate Change Act into ordinance when he was Energy and Climate Change Secretary in 2008, too argued that the proposed mine was not needed to support UK's iron and steel industry , mention 85 per cent of coal product from the project is earmarked for export.

"Labour is determined to safeguard the UK's primary steelmaking capacity and provide the industry with a stick long-term future through the kind of financial support that other countries are offering, including support steel make a fair transition to a dark-green future which precautions jobs, " he said. "People in Cumbria deserve good, lock jobs and there are so many crying out to be done in the dark-green manufactures of the future."

West Cumbria Mining, the company behind the coking coal quarry propose, has been contacted for criticism. Preaches of the mine have consistently argued that it would change imported coal used for steel-making and as such could result in lower radiations overall. Nonetheless, antagonists of the mine have raced this analysis, arguing the UK needs to transition away from the use of coking coal if it is to meet its long term emissions targets.

Read more: businessgreen.com

8Mar/210

View: Why IAS needs to change to IES in spirit

In an singular( probably the first for any Indian PM) lecture in Parliament, PM Modi commented on what the IAS, or even the part civil service employees parish, could do better. Solely, he mentioned four things -- a) a need to change the negative attitudes of disdain, distrust and cynicism towards the private sector and profit-making entities, b) questioned why babus need to run everything( from fertiliser bushes to airlines, c) emphasised private sector organizations as a necessary and equal stakeholder in the country’s progress, d) asked where will India contact if the entire country is handed back in the hands of babus? Affirmations like these recommend a major displacement in how the top leadership of the country speculates, which incidentally also mirrors the thinking of millions of India’s youth. Progress, specially the “$ 5 trillion GDP goal” kind of progress, is absolutely impossible without a thriving private sector. And more, our babus has not been able to progressed as fast to fit in with the new economic goals of India. In fact,' babu’ has now become a mildly injurious text -- suggesting person old-fashioned, who creates red-tape, retards things down and enjoys harassing others with their power.The civil services community does need to take some responsibility. Nonetheless, putting the part blamed on them would neither solve anything nor will it be completely fair.There are several reasons why the IAS( and the other civil servants) are the way they are, which we need to understand if we truly want to fix things.The single biggest reason for a sub-optimal civil service is a wholly outdated and warped performance measurement structure, which incentivises the status-quo. A civil servant is never reinforced for making a big positive change. They are, nonetheless, penalised if things go wrong.Let’s say an IAS officer feels the current website of the public service he works for is terrible. A private house should be hired to re-do it. What’s the incentive to get this done? Why not just wait( or coast) in your job for three years, until the next posting and advertisement, which is essentially guaranteed if no feathers are ruffled. Now, if he were to hire a brand-new private firm, there would be a) a ton of additional part getting favors b) someone could allege bribes were made, or perhaps bribes are actually made at some elevation, c) the website may not turn out as huge or may take longer and d) you would be bothering other' coasting’ colleagues who hate you now for creating additional work, rather than just waiting it out until the next publicity. Best case, even though they are an astonishing brand-new website is made, the public interests, but the IAS person who did it all comes nothing for it. What would a typical polouse do with such trade-offs? Well , nothing. Coast, wait, publicity, posting, repeat.The problem is India as a country cannot afford to coast and wait. For while the IAS gets a promotion for coasting, India as a whole merely comes left behind. India won’t rise unless we work fast, hard-boiled, become innovative, improve things and appoint organisations that allow us to do all that.In this aspect of warped incentives, it’s not the civil servant’s fault. He or she has been told, don’t rock the boat. Ever. If the government wants to change this, the incentive arrangements of the IAS and other civil services must be overhauled.However, while systemic changes are needed, there is something the civil servants’ community needs to change too. Fact is, the system may be wrong, but civil servants haven’t exactly screamed for big change. Once they get through the insanely competitive exam, there seems to be a fondness for the current system more. Coasting could become comfortable after all. Then there’s the power, the idea that a billionaire will come home tonight and fold hands to get something -- it could get quite addictive. There’s too an acute disconnect with technology, especially amongst the older major detectives. Tech can alter governance, specified those in in-charge know the power of it. The numerous sluggish sarkaari websites tell you not many in the government know about UIs( user interface) or determining websites from the point of view of the user , not the government department itself.Some of these aspects can be fixed( modify attitudes, shape tech improve obligatory ), and need to be as they are slowing India down horribly. It is breeding chum capitalism. It is keeping us in the India of 1980 s, where a sarkari mai-baap earmarked you to do business. As the PM said, durations have changed. Civil slaves have to not just administer, but too enable progress. That’s why, it is probably better if we change the IAS to IES. From Indian Administrative Work to Indian Enabling Service , not only in name, but also in spirit.Chetan Bhagat is a bestselling author and a popular newspaper columnist.

Read more: economictimes.indiatimes.com