Deloitte BrandVoice: How Boards Can Lead In The Fight Against Climate Change

the pandemic and resulting economic downturn caused them to cut back on their organization's sustainability efforts. At a moment when sustainability actions need to significantly accelerate, many organizations were forced to take a step back. At the same time efforts were pulled back, over a quarter of executives surveyed indicated their organizations were already feeling the operational impacts of climate change.

Greater trust in the institutions that can lead large-scale change – at a time when this trust is deemed to be at record Significant challenges, all – yet precisely the areas where boards have the power to help companies excel.Humans naturally tend to be poor at thinking long term, and current business practices can exacerbate this tendency.

It’s incumbent upon boards to help shape this long-term strategic vision and oversee the roadmap of actions management will take in the shorter term to achieve it.Of course, boards have the ability to help lay out this roadmap and hold management accountable for delivering on it. Currently, climate misinformation and incidents of greenwashing have led to skepticism over whether businesses are committed to climate action. Boards can play an important role in helping their organizations take steps that re-establish basic trust with key stakeholders.

That starts with helping to ensure that business leaders, and their employees, have a universal foundation of knowledge about climate change to understand the true impact their organization's actions are having on the planet as well as steps they can all take to reduce their carbon footprint.

Deloitte If the US's hypocrisy will not dominate the emission shceme, moreover, it's promises will not go void.

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