Penguin Perspectives Blog

What is competitive sustainability? Put simply, it is a company’s ability to compete and succeed relative to peers as part of its transition to a sustainable economy. Achieving net-zero emissions is at the heart of it, a goal which requires a competitive emission reduction pathway.

At South Pole, we see a growing number of bold commitments to drive climate change through the supply chain. Where scope 1 and 2 were once the primary focus to reduce emissions, it's becoming clear that we will not be able to achieve the reductions we need unless organisations push hard to drive change throughout their value chains as well.

CCUS is an essential tool to meet climate goals, but the complex systems surrounding it require strong collaboration across sectors to reach its potential.

For our team based in the Medellin office, it's a three-day journey to the Predio Putumayo Indigenous Reserve, including 500 km by boat along the Putumayo river. On International Day of Forests, South Pole staff join an Indigenous community member to reflect on their experiences of developing REDD+ projects to save Colombia's Amazon rainforest and create shared prosperity.

In 2020, the Irish government committed to lowering its greenhouse gas emissions by 7% per year to achieve Net Zero by 2050. To put that into perspective: the fastest rate of national emissions reduction achieved by an advanced economy was about 3% per year in the UK over the past decade. Ireland aims to more than double that.

Our pensions have the power to shape a more sustainable future for all. Which is why, at South Pole, we’ve put our money where our mouth is. We’ve committed to ensuring that, within the next 20 months, all of our default pension providers across our 18 global offices are sustainable.

In der zweiten Episode des Climate Chatter Podcast sprechen wir über das Thema Net Zero. Es wird diskutiert, was die Unterschiede zwischen Net Zero und Klimaneutralität sind und welche Rolle die globale Wirtschaftskrise aufgrund der Coronapandemie in Sachen Klimaschutz spielt

Four years on, the framework put forth by the Taskforce on Climate-related Financial Disclosures (TCFD) has pushed climate risk reporting to the top of the investor agenda. Governments are joining in too – a prelude to what may be a step towards mandatory global rules around climate-related disclosure.

Some 10,000 companies globally are set to embark on this year’s climate change, water and forests questionnaires from CDP. Each year, as stakeholder demands grow and the climate crisis deepens, organisations are required to develop evermore comprehensive disclosures on how this critical business risk is being managed. But is your company getting the most out of the time and resources it invests in its annual submissions?

Presented at the Central Bank and Sovereign Wealth Fund Forum, hosted by the Deutsche Börse Group.