Net zero transition: the true costs for business industry and households

October 27, 2022

10:00

Net zero transition takes time devours resources and costs money and in today’s changing world the cost to business, industry and households is increasing. A recent McKinsey report estimated the annual global cost of meeting net zero targets will be £6.8 trillion and that at least 25% of all global tax revenues must be spent on climate change action in order to achieve net zero by 2050. The International Energy Agency believes it will cost $9.2 trillion per year. While the cost of addressing climate change will be high for business, industry and households financial expenditure by business and industry will be balanced by the enormous commercial opportunities surrounding net zero transition.

The talk will go live at 10.00 GMT on the 27th of October. No need to sign up – you just need to click the sessions to watch the videos. Enjoy the discussions and let us know your thoughts on LinkedIn!

Sessions from this talk

Navigating the maze of green finance

April – The journey to net zero is accelerating due to the increasing alignment of regulation and finance and in coming years the availability of finance for business will be linked to a company’s sustainability. This panel session details the ESG criteria used by finance houses for investing in a business, and what a company must do to attract ‘green’ capital funding.

Speaker(s)

Go To Session

Building sustainability into construction

May – Steel, concrete, cement and fossil fuels used in the construction process are major contributors to CO2 emissions with heating, cooling and lighting of completed buildings adding to global warming. This panel session highlights the latest technologies, materials and processes being used to build sustainability into construction.

Speaker(s)

Go To Session

Net zero maritime and the voyage to sustainability

June – Efforts to decarbonise the maritime industry are gathering pace with new technologies and approaches currently in use and undergoing trials. New power solutions such as hydrogen, methanol and wind-driven sails alongside new dockside handling and maritime recycling processes offer the promise of future net zero shipping. This panel session explores the ongoing advances in maritime sustainability.

Speaker(s)

Go To Session

New liabilities demand a new approach

New liabilities around ESG will demand new skills and a new governance approach. Vera Cherepanova, ethics and compliance specialist at StudioEtica, explains how changing regulations in the USA will impact c-suites worldwide.

Speaker(s)

Vera Cherepanova

Ethics and Compliance Specialist

StudioEtica

Go To Session

Creating a corporate governance strategy

David Duffy, founder of the Corporate Governance Institute, details the steps companies should take in creating a corporate governance strategy.

Speaker(s)

David Duffy

Founder

Corporate Governance Institute

Go To Session

ESG: the implications for business

Kirsty Green-Man, head of corporate responsibility at Burges Salmon, explains how changes in governance regulations will have important implications for business.

Speaker(s)

Kirsty Green-Mann

Head of Corporate Responsibility

Burges Salmon

Go To Session

Securing the ‘G’ in ESG

C-suites face strict requirements under new regulations that place new demands and liabilities on execs in the governance of their organisation. This NZP Talk details how new laws differ from existing corporate responsibility requirements; how new skills are needed and key steps companies should take in creating a new corporate governance strategy.

Speaker(s)

Kirsty Green-Mann

Head of Corporate Responsibility

Burges Salmon

David Duffy

Founder

Corporate Governance Institute

Vera Cherepanova

Ethics and Compliance Specialist

StudioEtica

Go To Session

The PR battle for ‘green’ credentials

Paul talks about: The PR battle for ‘green’ credibility; why companies make false/unproven eco claims; the scale of the problem; results of research into greenwashing; how to avoid eco PR disasters

Speaker(s)

Paul MacKenzie-Cummins

Founder and MD

Clearly

Go To Session

Consumer reactions to greenwashing

Steve talks about: Extent of unfounded eco-claims; big brand failings; consumer attitudes; greenwashing research findings; environmental regulation and compliance; ESG data reporting; ESG and evolving business models

Speaker(s)

Steve Leigh

Managing Director

Sensu Insight

Go To Session

How tech can prove eco claims

Mandi talks about: sustainability reporting; lack of trust; need for transparency; Scope 3 reporting ambiguity; supply chain issues; results of global study; green investment; false claim lawsuits; corporate responsibility; technology as an enabler.

Speaker(s)

Mandi McReynolds

Head of ESG

Workiva

Go To Session

Offsetting and supply chain emissions

Mauro talks about: Scale of the false claim problem; reporting confusion; carbon offsetting; supply chain challenges; regulatory environment; ESG data solutions;

Speaker(s)

Mauro Cozzi

CEO

Emitwise

Go To Session

Establishing green claims in recycling

Nick talks about: big brand greenwashing; carbon offsetting; waste; reusable and trackable packaging, sustainability reporting; data capture; supply chain strategy; B-Corp certification; green investment; running a sustainable business.