How companies are inspiring change through climate commitments

In this episode of Sustainability Matters podcast, EY market leaders and Chris Hagler discuss how businesses slow down the climate crisis.

Related topics Sustainability

The call for climate action has spurred an increasing number of corporations to transform their public commitments to climate goals. Businesses are making headlines for pledging to use 100% renewable energy, achieving carbon neutral or negative, and setting science-based targets to reduce emissions.

This episode discusses the innovative commitments companies are making to help drive down global emissions, communicate long-term value and gain a sustainable competitive advantage. The conversations dive into what these commitments entail, and the strategies engaged to achieve them. Topics also include a practical approach of reduce, switch, innovate and offset (RISO).

EY’s Chris Hagler, Stephen Auton-Smith, Managing Director, Ernst & Young Infrastructure Advisors, LLC and Rich Goode, Executive Director, Climate Change and Sustainability Services, Ernst & Young LLP, talk about actionable recommendations for organizations to achieve their climate goals. The conversation also looks ahead at the future and covers new instruments that corporations can utilize down the road to either further solidify their climate commitments or take on additional initiatives.

Key takeaways include:

  • Tangible results from a company’s sustainability commitments, such as wind farm construction, can energize employee engagement.
  • The renewable energy market is gradually offering a mix of products with more diverse risk profiles, from changes in virtual and physical delivery power purchase agreements.
  • Companies can use thoughtful acquisition of offsets to tell their sustainability story – aligning offset procurement with ESG goals.
  • As countries increase procurement of renewable energy and offsets, corporations will likely need to be more innovative to reach climate goals.

For your convenience, full text transcript of this podcast is also available. Read the transcript.

Presenters

Stephen Auton-Smith
Ernst & Young Infrastructure Advisors, LLC, Senior Managing Director

Podcast

Season 3, Episode 2

Duration 35m 33s

In this series

Series overview
(Event List - Manual)

How to use sustainability to build an enterprise

In this episode, EY’s Chris Hagler and Cox Cleantech Vice President Steve Bradley discuss the importance of sustainability in a business.
Podcast

Season 3, Episode 1

Duration
40m 56s

Presenters

EY Global

Ernst & Young Global Ltd.

How are investors integrating ESG into their decision making

This unique episode is a recording of a panel discussion on how investors are integrating ESG into their decision making.
Podcast

Season 2, Episode 3

Duration
55m 56s

Presenters

How ESG issues are being discussed in the boardroom amidst COVID-19

Dealing with COVID-19 has risen to the top of the board agenda, and it has changed how we interact, work and think about impact.
Podcast

Season 2, Episode 2

Duration
29m 54s

Presenters

How to improve ESG monitoring with SASB standards

In this episode, John DeRose, EY US Nonfinancial Reporting Leader, and Jeff Hales, Chair of the SASB Standards Board, join Chris Hagler to discuss the benefits of SASB Standards.
Podcast

Season 1, Episode 3

Duration
29m 32s

Presenters

How to plan for a sustainable future: A conversation with NAEM

EY’s Chris Hagler and Rich Goode talk with NAEM Executive Director Carol Singer Neuvelt about key findings from their EHS trends report.
Podcast

Season 1, Episode 1

Duration
25m 18s

Presenters

EY Global

Ernst & Young Global Ltd.