Adrian Hayes’ Post

The journey to net zero must prioritize not only environmental goals, but economic and social equity. That’s why we are proud to partner with the World Economic Forum on the Equitable Transition Initiative. Together, we aim to address the risks and opportunities of a fair transition while promoting policies, investments, and strategies that leave no one behind. Our collaborative report, "Accelerating an Equitable Transition: A Data-Driven Approach," identifies key economic equity risks in the green transition, such as affordability, accessibility, and workforce impacts. By leveraging actionable frameworks, we can help governments, businesses, and communities target resources where they are needed most. Whether it’s reskilling workers in fossil fuel-dependent economies or ensuring access to sustainable technologies, equitable solutions are the foundation of a successful green transformation. Explore how we are turning ambition into action for a more sustainable and inclusive future here: https://lnkd.in/e6xA6UDS

As I prepare to visit Bangladesh for the holidays, I’m reminded of why I love going back—a country filled with entrepreneurial spirit, where SMEs form the backbone of the economy. These small businesses drive growth, create jobs, and empower communities. But climate change is hitting them hard. Floods, cyclones, and shifting weather patterns disrupt operations, damage infrastructure, and threaten livelihoods. Many SMEs face a critical gap in financing—not only to adapt to climate impacts but also to transition toward greener, more sustainable practices. Without targeted support and a focus on equity, these challenges could widen inequalities and hold back progress. That’s why I’m proud to share "Accelerating an Equitable Transition: A Data-Driven Approach," a report by BCG in collaboration with the World Economic Forum. It explores the unique challenges faced by various country archetypes—including nations like Bangladesh—and delves into the potential economic equity opportunities and risks emerging from climate mitigation efforts. The report highlights the importance of supporting key stakeholder groups including: 🔧 Workers, e.g., through reskilling programs for green jobs. 💰 SMEs, e.g., equitable financing to adapt and transition. 📜 Consumers, e.g., policies that ensure affordability and access. 📖 Explore the insights here: https://lnkd.in/e6xA6UDS For countries like Bangladesh, a just and equitable transition isn’t just a necessity—it’s an opportunity to build resilience, protect livelihoods, and create sustainable growth. This holiday season, I’m reflecting on how we can ensure no one is left behind in the fight for a greener future. 🌱 Thanks to my co-authors: Dave Sivaprasad Douglas Beal Annie Porter Saadia Zahidi Attilio Di Battista Harsh Vijay Singh Tarini Fernando Ricky LI

The 2024 SDG report is a sobering read. I recommend it highly, and it should give all of us in the sustainability industry pause for thought. How do we move the needle on ambition? How do we prioritise impacts that shift systems? There's a lot in there (and some good progress in palces), but for me, the leap in global fossil fuel subsidies in the post-covid era, from $370Bn to $1.5Tn, is one of the most disheartening things I have read in a long time. https://lnkd.in/d8kqwvqN

Earth Day serves as a reminder of the importance of environmental conservation and sustainability. If you are passionate about your investments having a positive impact on the world around you, then you can help shape a more sustainable and equitable future. The threat of climate change, which impacts economies and societies worldwide, is one of the most pivotal issues of our era. Many global companies have joined the Net Zero Initiative in response. The growth of ESG (Environmental, Social, and Governance) investing will continue due to heightened awareness of social, labour, and human rights issues, as well as increasing concerns over environmental challenges like climate change. Read more: https://lnkd.in/dMNvNG-d #EarthDay #NetZero #ESGInvesting

It's not for lack of trying on an extremely complex problem. For Scope 3 the Indirect side and MRO combined is 10x more difficult than Direct especially in asset-intensive industries. Time to catch up ...

Decarbonization challenges are mounting, with regulatory hurdles and economic uncertainties creating setbacks for businesses. In line with COP29’s theme, “In Solidarity for a Green World,” this global gathering underscores the critical need for bold, collective action to drive environmental progress. Forward-looking CEOs are seizing this moment to turn challenges into growth opportunities by embedding sustainability into their strategies. Learn more about their approach in our 2024 CEO Sustainability Guide. https://atbain.co/3CETCKM #BainAtCOP

This is why narrowly focusing on "Business Sustainability" means absolutely nothing. https://lnkd.in/gD58MK2t.

Ahead of COP29, our latest research report highlights that businesses are failing to sufficiently act to combat climate change and move towards net zero.

Emerging amidst climate change discussions is "green hushing," distinct from greenwashing. Companies withhold information about their climate targets and sustainability initiatives to avoid accusations of greenwashing. This trend stems from companies feeling overwhelmed by sustainability demands, leading them to downplay commitments. Some view green hushing as a way to maintain appearances without investing in substantive sustainability programs. If you want to know more about Net Zero and how Auditel could help you, get in touch today: ✉️ [email protected] ☎️ 07801 053 670 #CarbonNeutral #NetZero #Procurement #CostManagement #PAS2060 #CarbonManagement #CarbonReduction #Sustainability #TotalCarbonSolutions #CostReduction