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

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.

Speaker(s)

Nick Torday

CEO

Bower Collective

Go To Session

Eco-claims in food and retail industries

Anne talks about: the scale of unfounded eco claims; supply chain issues and eco-claims; ESG data solutions; regulation, harmonisation, compliance issues.

Speaker(s)

Anne Marie Taylor

Director of Regulatory, Compliance and Investigations

DWF

Go To Session

Eco claims and the challenge for business

Pamela talks about: marketing and PR pressures; fashion industry; lack of understanding about regulations; eco-claim lawsuits; impact on green investment; ambiguity around Scope 3; need for education and qualification to avoid false eco-claims.

Speaker(s)

Pamela Barbato

Sustainability and Brand Engagement Specialist

Action Net Zero

Go To Session

Net zero maze of green credentials

For every company and organisation today, green credentials are a valuable prize in the PR battle to promote their eco-friendliness. But there can be a lot of smoke, mirrors, and unfounded claims surrounding efforts to reach Net Zero. As a result, new laws are being introduced that aim to clamp down on unsubstantiated eco claims made by companies, their business and their products. Claims such as ‘biodegradable’ and ‘eco-friendly’ will no longer be allowed. The talk will go live at 10.00 GMT on the 1st of December. 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!