Another Tomorrow’s Post

Why do businesses need a #NatureStrategy? 🌱 A growing community of businesses and financial institutions recognize they cannot sustainably grow their business, or achieve their climate goals, without protecting and restoring nature. ‘It’s #NowforNature’ is a joint global campaign to bring together all businesses to act on nature and contribute towards a nature-positive world by 2030. Setting a credible Nature Strategy can help a businesses: 🌎 Reduce negative impacts on nature 🌎 Boost resilience to nature risks 🌎 Unlock access to new commercial opportunities 🌎 Create long-term value 🌎 Strengthen climate and sustainability goals. María Mendiluce , We Mean Business Coalition 🔗 Read our Nature Strategy Handbook: https://lnkd.in/eK_dnyRE

Green industries are booming and policymakers want to stimulate their domestic development and make climate progress—while also carving out a competitive edge for their countries. How can they bridge the gap? That’s where catalytic collaboration comes in. Find out more. https://pwc.to/3vTpyI4

How can climate reporting drive business value? Yesterday we hosted a panel to discuss how businesses can derive value by proactively preparing for Australia’s incoming mandatory climate reporting requirements. Insights from the panellists highlighted the importance of understanding stakeholders’ expectations, the nexus between climate risk and business risk as well as opportunities for value creation. Here are three key takeaways from yesterday’s discussion: • Start preparing early, even if your company is outside of Tier 1 to build readiness to comply with the full set of requirements. • Consider the emerging risks and opportunities stemming from climate for your business and supply chains. • Insights from high quality sustainability data can uncover opportunities for your business such as sustainable finance Thank you to our subject matter experts who led yesterday's discussion—Jade Astbury and Sarah Lalor from CommBank, Aletta Boshoff from BDO, and Natasha Morris from Adamantem Capital—who shared invaluable insights on navigating these changes.

How can climate reporting drive business value? Yesterday we hosted a panel to discuss how businesses can derive value by proactively preparing for Australia’s incoming mandatory climate reporting requirements. Insights from the panellists highlighted the importance of understanding stakeholders’ expectations, the nexus between climate risk and business risk as well as opportunities for value creation. Here are three key takeaways from yesterday’s discussion: • Start preparing early, even if your company is outside of Tier 1 to build readiness to comply with the full set of requirements. • Consider the emerging risks and opportunities stemming from climate for your business and supply chains. • Insights from high quality sustainability data can uncover opportunities for your business such as sustainable finance

🌍 The time to act on climate change is now. With the impacts of climate change increasingly visible in our daily lives, accelerating the deployment of emissions-reducing solutions is more urgent than ever. Canada has the technology to meet its 2050 targets, but investment in cleantech lags behind other G7 nations. Without stronger adoption incentives and de-risking mechanisms, innovative solutions risk being overlooked—along with their potential to drive a sustainable, prosperous economy. In his open letter, our COO, David H. Sanguinetti, shares practical policy recommendations to incentivize early adoption and support cleantech investment—ensuring innovation, jobs, and solutions thrive here at home. 📰 Read the full letter on TheFutureEconomy.ca: https://hubs.la/Q02Zbsqs0

Fantastic to attend CommBank's panel on Australia's mandatory climate reporting requirements this week. Key takeaways include: - Compliance vs opportunity - whilst many businesses may only view the reporting standards as a compliance obligation, there is a clear strategic opportunity for those who wish to seize it - ESG and sustainability is about access - to capital, to markets, to people. Businesses who do not recognise the changing expectations of their key stakeholders, risk being left behind.   With AASB S2 approved just last week, climate reporting is certainly front of mind as we navigate the biggest change to corporate reporting in a generation. Samantha Bayes Brendan Herriott

A new survey, conducted by the SME Climate Hub, which covered 288 SMEs across 44 countries revealed a common barrier: the lack of government support and policy clarity as the primary barriers to delivering climate initiatives Key takeaways: -- While 44% of SMEs have elevated #ClimateAction on their agenda in the past year, the gap between ambition and execution remains notable. -- Despite the recognition that reducing emissions can lead to cost savings (52%), concerns persist regarding the affordability of low-carbon techs and process changes due to upfront costs. -- Reducing their climate footprint isn't just about sustainability—it's a strategic move to enhance business reputation (62%), differentiate from competitors (52%), and improve customer/client retention (over one-third). -- Two-thirds of surveyed SMEs emphasize the need for greater financial support to undertake climate action.

Climate risk is investment risk. This guide details how environmental changes may adversely impact your business and what you can do to adapt. Here’s the eBook—

“Transition plans provide companies with the opportunity to move climate action from a siloed 'add on' to an integrated part of the business strategy. It also gives them the opportunity to be part of an international effort to decarbonize the entire economy and work towards a just and sustainable future for all.”   Ceres, Inc.'s Blueprint for Implementing a Leading Climate Transition Action Plan (CTAP) provides companies with actionable steps to achieve their own climate goals and lead the way in creating a sustainable future for all. Learn how to enhance your company’s disclosure practices into a forward-looking transition plan. Advocating for public policy is an important step that companies can take by identifying their own policy priorities and ensuring those policies are aligned with their trade associations’ lobbying practices.   For more information on how your company can implement forward-looking public policy actions and the CTAP for a cleaner, more equitable economy check out the resource below. 👇

🌱 Webinar Alert: Navigating Carbon Markets for Net Zero Success Register for the fourth installment of the ECO Canada Guide to Climate Action Webinar Series, focusing on the pivotal role of Carbon Markets in achieving Net Zero targets. Don't miss this opportunity to deepen your understanding of carbon markets and how they can be leveraged for environmental and business sustainability. 📅 Date: March 26 | 🕒 Time: 1:15 PM – 2:30 PM MT 🔗 Register Now: https://loom.ly/6kt5Z_U Webinar Highlights: Carbon Pricing: Explore the fundamentals of carbon pricing and its impact on businesses and the environment. Carbon Markets 101: An overview of how carbon markets operate, including the distinction between voluntary and compliance markets. Leveraging Carbon Credits: Practical insights on how businesses can effectively use carbon credits to meet sustainability goals. Whether you're a small business owner, a sustainability professional, or simply keen on understanding the dynamics of carbon markets, this webinar is designed to equip you with the knowledge and tools needed to navigate the complexities of carbon trading and contribute to a Net Zero future. Let's demystify carbon markets together and take a step closer to our sustainability objectives. #ECOCanada #CarbonMarkets #NetZero #Sustainability #ClimateAction #Webinar