Blog Corner Image

No business as usual: De-carbonizing industry must start now

No business as usual: De-carbonizing industry must start now

There Is No Business As Usual: De-carbonizing Industry Must Start Now

The transition away from fossil fuels will further marginalize the traditional energy sectors, accelerating said transition more, as political influence and financial incentives shift.To reach net-zero emissions, it is critical to decarbonize industrial sectors, but how?

The transition away from fossil fuels will further marginalize traditional energy sectors and  accelerate the transition even more. Political influence and financial incentives are shifting. 

“Continuing on our current trajectory, with ever-increasing greenhouse gas emissions, will lead us to a 4°C global warming outcome. For the industrial sector, the coming 30 years will undeniably be different than the past 30 years in fundamental ways.

“Needless to say, industry does not like unexpected change and neither do investors. However, change is okay if you can navigate it with maintained returns, or even better if you can outperform the market and generate above-average returns.”

“The risks associated with inaction might be uncertain in terms of timing, but they are not speculative. Given the amount of research and analysis that have gone into climate change over the past 50 years, it’s arguably one of the best understood business risks executives need to relate to in the modern economy. But while our current trajectory is bleak, there is hope. An increasing number of companies and countries are pledging to achieve net-zero emissions by 2050 or even 2040. Using market cap (or estimates thereof) as a proxy for market power, it is clear that the world in the past decade has experienced a significant shift in balance from strong influence of the fossil fuel industries (oil, gas, and coal) toward corporates committed to climate alignment.”

RMI
Sustainability Spotlight: Bellingham Public Schools Tackles Sustainability

Sustainability Spotlight: Bellingham Public Schools Tackles Sustainability

School districts have a compelling reason to reach for sustainability in their operations and curriculum. The energy their buildings and buses use, the food they serve, the water they consume, and the waste they generate puts schools at the fulcrum of what sustainability entails – reducing their environmental footprint and conserving resources. Additionally, their job…

Climate Change Impacts Seaports

Climate Change Impacts Seaports

Seaports are a vital part of the shipping industry, and they are already feeling the effects of climate change. The concern over climate change must be transformed into action. Climate planning should be budgeted for all ports and should include adaptation and mitigation. Climate change is here. Time is of the essence.

The win-win in agrivoltaics

The win-win in agrivoltaics

Image credit: Agrivoltaics: How Solar and Farmland can Fight Climate Change (solarreviews.com) Produce electricity and grow crops Did you know that there is a way to produce electricity and grow crops at the same time? It’s called agrivoltaics, and it can help farmers reduce their energy costs while still producing food. Check out this blog…

Sustainability Spotlight: Tony’s Coffee

Sustainability Spotlight: Tony’s Coffee

How did sustainability start for Tony’s? Our sustainability journey can be traced back to 2002, when we began sourcing Organic, Fair Trade, Shade Grown coffee. Since then, we moved to 100% green power, doubled our roasting efficiency, offset our roastery’s carbon footprint, and continue to support causes that we care about. Our commitment to sourcing…

Sustainability Spotlight: Aslan Brewing Company

Sustainability Spotlight: Aslan Brewing Company

Aslan Brewing Company, a member of Sustainable Connections, is based in Bellingham, WA and was founded in 2012. From the beginning, every decision the Aslan founders made was through the lens of sustainability. When Aslan opened its brewpub doors in May of 2014, team members focused on crafting world-class beer with local ingredients and low-impact…

Get started

How ready is your organization for climate change and sustainability? Get your questions answered. Peak can help you move to a strategy-driven roadmap.