Corporate sustainability and climate action are emerging as global demands driven by activist movements, ambitious politicians, and bold business leaders. Moving forward, these demands will continue to guide consumer sentiment and loyalty.
Faced with the existential threat of the global climate emergency, companies all over the world are beginning to explore more sustainable ways of doing business. They’re considering their long-term impact on the local environment, society, and the economy and asking whether their business makes a measurable, positive contribution.
Business sustainability is both a moral obligation and good business practice. Going green is also a competitive differentiator, and one that will be key for companies to stay in business. Those companies that embed carbon reduction across their strategy are likely to be more profitable and sustainable over time. They’re also more likely to be attractive to investors who’re increasingly keen to know the climate impacts of the companies in which they invest.
While there may be costs associated with transforming business models to align with science, the cost of not taking action is considerably higher. The world needs to act now on climate, and companies will play a transformational role.
“We firmly believe that there is no long-term trade-off between sustainability and financial value creation” – Mads Nipper, CEO
See Ørsted’s sustainability ratings and reporting.