The world’s top companies have, by necessity, come to a critical juncture.
To continue business as usual would mean contributing further to climate change, which in turn would hasten the development of a host of commerce-impacting forces. To change out of consideration for the global environment, however, would harm the bottom line.
Or so the thinking went.
Our latest report on the world’s top 100 largest greenhouse gas emitters challenges that viewpoint.
Detailed analysis shows there’s a strong connection between sustainable business practices and financial performance.
The data examined for “Global 100 Greenhouse Gas Performance: New Pathways for Growth and Leadership” indicates companies, even those in carbon-intensive sectors, can develop and implement winning strategies that are cognizant of the planet’s health.
“Early movers that invest now in staying competitive in a low-carbon future could gain significant advantages as they integrate lower cost, lower risk and more resilient business models, ” said Dennis Whalen, leader of the Board Leadership Center at KPMG, our partners in creating the report.
The implications of this sustainability/performance correlation examined in our report are manifold. They include:
- For companies that have been on the sidelines of the approach to climate change, this report offers some excellent examples of how firms translate vision into action, and action into results.
- For organizations that have encountered resistance to their investment in sustainability, the report offers evidence that such investment is helping secure a solid future.
- For investors seeking maximum risk-adjusted returns, this report illustrates how companies leading the way on sustainability measures can also generate higher total return for shareholders.
Our global business economy, and especially the Global 100, will spend vast sums of money in the coming decades building new plants, buying new equipment, developing new products, and finding new sources of raw materials.
Likewise, our civil societies and consumers will spend trillions on new infrastructure, construction materials, equipment and supplies in the same time period. If those dollars push forward solutions that meet or exceed customer needs while simultaneously reducing climate impacts, then we will all be on the right path.
The choices made by the Global 100 companies and the customers who buy from them will go a long way toward defining which path we are on, and the state of our planet in 2050.
Global 100 Greenhouse Gas Performance: New Pathways for Growth and Leadership – Read the full report