Bridging the Climate Action Chasm: Key Insights from the ICC Germany Supply Chain Forum
Today, a riveting discourse unfolded at the ICC Germany e.V. Supply Chain Forum with Martina Buchhauser - The Procurement Initiative, Sven Steinert, and Laurin Zemmrich leading the charge with a session on "Closing the Climate Action Gap". A big thank you to all who attended and contributed to this enlightening conversation!
Here you can find the full Workshop of the ICC Supply Chain Forum.
Key Takeaways:
The emission gap is widening at an alarming rate, as climate action falters under the weight of weak promises and inaction. Consequently, the gap is predicted to soar to 45% by 2030 to align with the critical 1.5°C path outlined in the Paris Agreement (Source: UN Emissions Gap Report 2022).
CO2 is swiftly emerging as the new business currency. Just last month, carbon contracts breached the €100 mark for the first time. With the Carbon Border Adjustment Mechanism just over the horizon, CO2 prices will soon be factored into the import of goods.
Solving the sustainability conundrum is now a top priority. To triumph in this endeavor, companies must assemble five crucial puzzle pieces: strategy, operating model, supplier collaboration, technology, and leadership.
Keen to delve deeper? Get in touch with us for more insights on this crucial topic!
🤝 Martina Buchhauser - The Procurement Initiative, Laurin Zemmrich, Sven Steinert, Nicolai-André Stickler, Harald Enz, Stefan Aichbauer, Institut für Supply Chain Management, Universität St.Gallen, H&Z Management Consulting, SUSTAINX