20 April, 2021

Every board has a role in the transition to a low-carbon economy

Climate change has placed a premium on moving to sustainable business models and a low-carbon economy. The task will need “positivity of purpose“ and “informed assessment“ of climate risks, writes Tom Delay of the Carbon Trust.

low-carbon economy, carbon footprint, sustainability

Image: Shutterstock

It is a quote attributed to Henry Ford: “Whether you think you can, or you think you can’t—you're right.” The saying is common within management advice, expressing the important role that positivity of purpose plays in delivering on goals. However, when applied within the context of a complex systemic issue such as climate change, the question asked needs to be far broader. Instead, it becomes about whether a wide range of significant and interconnected events will or won’t happen, regardless of what you think you can or can’t do as an individual or an organisation. Predicting the global response to climate change, as well as th

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Autumn 2017, climate change, climate risk, Financial Stability Board, low-carbon economy, Mark Carney, Paris Agreement, Science Based Targets Initiative, Task Force for Climate-related Financial Disclosures.