A New Era for Corporate Leadership
-
Upload
world-resources-institute-wri -
Category
Environment
-
view
322 -
download
2
Transcript of A New Era for Corporate Leadership
A NEW ERA FOR CORPORATE
LEADERSHIP
Dr. Andrew Steer, President & CEO, World Resources Institute
MindShare 2017—16 May, Washington, DC
•Source: WEF 2017
Source: WEF 2017
GLOBAL RISKS LANDSCAPE
THE GLOBAL RISKS OF HIGHEST CONCERN
Source: WEF 2017
1,000 COMPANIES AND INVESTORS LOBBIED
WHITE HOUSE TO STAY IN PARIS
SO DID MAJOR MULTINATIONAL COMPANIES
“U.S. business interests are best served by a stable and practical framework facilitating an effective and balanced
global response. We believe the Paris Agreement provides such a framework.”
AppleBHP BillitonBPDuPont
General MillsGoogleIntelMicrosoft
National GridNovartis Corp.PG&ERio Tinto
Schneider ElectricShellUnileverWalmart
CEOS TAKE OUT WALL STREET JOURNAL AD
May 10th, Wall Street Journal
“Our business interests are best served by a stable and practical
framework facilitating an effective and balanced response to
reducing global GHG emissions. The Paris Agreement gives us that
flexible framework to manage climate change while providing a smooth transition for business.”
“…full compliance with the agreement could ultimately shrink America’s GDP by $2.5 trillion over a 10-year period.”
—100th Day RallyHarrisburg, Pennsylvania
Future cost of wind energy
Future cost of solar energy
Lower cost of action Higher cost of action
WILL IT COST MORE TO DO IT RIGHT?
PHOTO: FLICKER/PICUTRES OF MONEY
• Economic growth and climate
action are tradeoffs
• Economic growth can be
consistent with climate action
• Economic growth over time is
only possible with climate action
Photo: C40 Cities/Flickr
SMART ENVIRONMENTAL POLICIES AND
SMART GROWTH POLICIES ARE THE SAME
1. Improve Resource Productivity
2. Accelerate Technological Advance
3. Give Investors Predictable Policies
Source: WRI chart using OECDstat data, 2013
Pa
ten
ts a
pp
lic
ati
on
s
ind
exe
d to
20
00
le
ve
ls
Total renewable &
non-fossil technologies
Solar PV
Wind
Solar thermal
Hydro (excluding
conventional)
0
2
4
6
8
10
12
2000 2002 2004 2006 2008
All Patents
ACCELERATING TECHNOLOGICAL ADVANCE
Innovation happens in
the low-carbon
economy
SOLAR ENERGY TIPPING POINT CROSSED
*Source: Earth Policy Institute/Bloomberg
Source: New Climate Economy, adapted from CDP, 2014.
SUSTAINABLE COMPANIES PERFORM BETTER
The Battle
Short term profit versus long term yield
LEADERSHIP FROM PRIVATE SECTOR ACROSS
THE GLOBE
• 78 commit to carbon pricing
• 90 commit to 100% renewable energy
• 264 commit to Science-Based Targets
• 750 commit to deforestation-free supply chains
Photo: iStock
264 COMPANIES COMMITTED TO SCIENCE BASED TARGETS
Source: http://sciencebasedtargets.org/
100+ increasefrom last year
Companies Set Science-based Targets for Land
& Water?
• 71 Fortune 100 companies
have renewable goals
• 22 Fortune 500 companies are
committed to 100% renewables
Photo: Flickr/Walmart
U.S. COMPANIES DEMAND MORE RENEWABLE
ENERGY
$5TRILLION IN MARKET CAP48
MILLION MWH OF DEMAND FOR RENEWABLE ENERGY65 COMPANIES
PUSHING STATES AND UTILITIES TO EMBRACE
RENEWABLES
PUSHING STATES AND UTILITIES TO EMBRACE
RENEWABLES
?
President Trump’s First 100 Days:
A Sledgehammer to Climate Action
EPA REMOVES CLIMATE SCIENCE FROM
WEBSITE
“the website…is
undergoing changes
that reflect the agency’s
new direction under
President Donald Trump
and Administrator Scott
Pruitt.”
Source: https://www.epa.gov/sites/production/files/signpost/cc.html
THE IMPACTS?
Source: Rhodium Group
Image: Angela Radulescu/Flickr
CITIES AND BUSINESS DETERMINED TO MEET PLEDGES,
WITH OR WITHOUT US FEDERAL GOVERNMENT
“Washington will not have the last word on the
fate of the Paris agreement in the U.S.—
mayors will, together with business leaders
and citizens.”
Michael R. Bloomberg
Source: CAIT/WRI
195signed
COMMITMENTS TO PARIS AGREEMENT
145joined
83%Global emissions
Chinese President Xi Jinping vows to uphold the
Paris Agreement on curbing climate change
Xi Jinping, President, China
$360 billioninvestment in
renewables through
2020
2017: CHINA’S AMBITIOUS PLANS
104 coal plant
projects
cancelled
Photo: Rose Robinson/Flickr
China’s Coal in Decline?
Will China’s National Carbon Market Take Off?
13%of global GHG
emissions covered by
carbon pricing
Will China’s National Carbon Market Take Off?
25%of global GHG
emissions covered by
carbon pricing
The Paradox of Less and More Investment
INDIA REAFFIRMS PARIS CLIMATE COMMITMENTS
“The road from Paris to
today has been somewhat
bumpy. We will have to
sort that out. But I’d like to
reassure each one of you
here today that India
stands committed to its
commitments made at
Paris irrespective of what
happens in the rest of the
world.”
Piyush Goyal , Indian Energy Minister
Notes: FY = All years in chart are fiscal years from April 1 to March 31; GW = 1,000 MW.
Sources: Bloomberg New Energy Finance (BNEF); The Economic Times.
INDIA’S TARGETS TO REACH 100GW SOLAR BY 2022
Notes: FY = All years in chart are fiscal years from April 1 to March 31; GW = 1,000 MW.
Sources: Bloomberg New Energy Finance (BNEF); The Economic Times.
INDIA’S TARGETS TO REACH 100GW SOLAR BY 2022
THE COMPETITION IS HEATING UP…
November 2016: India
648 Megawatts
January 2017: China
850 Megawatts
Photo: Flickr/Motorito
2015: EMERGING COUNTRIES JOIN THE RACE
• South Africa increased 329% ($4.5 billion)
• Chile increased 157% ($3.5 billion)
• India increased 23% ($10.9 billion)
• Mexico increased 114% ($4.2 billion)
FRANCE’S PRESIDENT ELECT ADDRESSES AMERICAN
CLIMATE SCIENTISTS
Emmanuel Macron,
President-Elect, France
Australia Honduras Pakistan
Bangladesh Indonesia Panama
Brazil Italy Peru
Burundi Japan Saint Lucia
Canada Jordan Sao Tome and Principe
Chile Kyrgyz Republic Seychelles
Colombia Maldives Somalia
Costa Rica Mali South Africa
Cote d’Ivoire Marshall Islands Spain
Denmark Mexico Sweden
DRC Mongolia Tunisia
El Salvador Morocco Uganda
European Commission Mozambique UK
France Namibia USA
Georgia Netherlands Vanuatu
Germany New Zealand Vietnam
Ghana Norway Zambia
Guatemala Zimbabwe
HOW WE’RE ORGANIZEDClimate Energy Food Forests Water Cities &
Transport
Business
Governance
Economics
Finance
20x50x4%
NEW INFRASTRUCTURE 2015-2030
GREATER THAN TOTAL TODAY
THIS…?
Image: Flikr/Andreas
$1 trillion Urban sprawl costs the United States alone per year
Image: Flikr/Andreas
OR THIS?
BRINGING ON THE REVOLUTION
FIVE BIG SYSTEM-WIDE SHIFTS
• Decarbonized Energy Systems
• Cities & Transportation
• A New Rural Economy
• Tomorrow’s Production Systems
• Sustainable Consumption
TIPPING POINTS -- THEY DO HAPPEN
• Radical economic reforms (1985-2000)
• Environmental Legislation (1968-1973)
• Decline in maternal mortality (1995-2010)
• Marriage equality in the US (2004-2015)
Total head count: 673
WRI BRAZIL
WRI CHINA
WRI INDIA
WRI INDONESIA
WRI MEXICO
WRI AFRICA
THANK YOU!