ESG poses huge risks but also game-changing opportunities for businesses. What do we need to do to maintain and grow ESG momentum in the context of mounting pushback?

WBCSD engagement during the United Nations General Assembly (UNGA).

At Stockholm +50, WBCSD, in close collaboration with the United Nations Environment Programme (UNEP), called for enhanced collaboration between the public and private sector to explore the potential for a new global corporate accountability and transparency mechanism, as outlined in the Stockholm Action Agenda: Transforming Global Value Chains, and building on WBCSD’s Business Manifesto for Climate Recovery, launched at COP26.

The ongoing war in Ukraine has thrown the global food and agriculture markets into turmoil with rocketing food and fuel prices. The effects of sanctions and supply chain disruptions are affecting the global economy.

Organizations across the globe are facing multiple crises simultaneously. The climate emergency requires aggressive decarbonization to limit global warming, and at the same time, the energy crisis poses urgent challenges around affordability, security and resilience.

The urgency of the climate crisis requires decisive action and scalable solutions. Businesses should demonstrate leadership by pursuing ambitious decarbonization of their value chain and also compensating any remaining unabated emissions through high-quality Natural Climate Solutions voluntary carbon credits.

The transition to zero-emission vehicles (ZEV) is gaining momentum around the world. In order to build and foster that momentum and maintain confidence in the transition to decarbonized transport , a number of issues will need to be addressed by government and industry decision-makers over the next years. This event aims to deliver a common understanding on key issues and actions needed of all relevant parties to work together and accelerate the transition.

In the current set up, the carbon credits generated from NCS projects/programs are traded and sold only based on their climate mitigation impacts; however, Natural Climate Solutions can be much more than climate mitigation projects.