Corporate Strategies for Net Zero, a new initiative of the Ivey Centre for Building Sustainable Value, explores how individual firms can - and must - make meaningful progress. (Ivey Communications photo)
Corporate Strategies for Net Zero, a new initiative of the Ivey Centre for Building Sustainable Value, explores how individual firms can - and must - make meaningful progress. (Ivey Communications photo) Research report 'Corporate Strategies for New Zero' explores factors which made companies take ambitious action in recent past Climate change is increasingly a major consideration for business leaders as they plan for future investment and work to improve their firm's competitiveness. The private sector, as both a major emitter of greenhouse gases (GHGs) and an important source of innovation, must play an essential role in society's efforts to decarbonize, and ultimately, transition to net zero by 2050. Research to date on the net zero transition has often focused on the national or sectoral level as a whole. Corporate Strategies for Net Zero , a new initiative of the Ivey Centre for Building Sustainable Value (BSV) , explores how individual firms can - and must - make meaningful progress. Establishing a credible path to net zero presents major risks and challenges, but also transformative opportunities for firms to shift or alter their business model, value chain and competitive positioning. Firms can capitalize on these strategic opportunities, such as the possibilities of new products, services and markets, and novel ways of interacting with or serving customers.
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