COP26 took place during a pivotal moment in the fight against climate change. EY can help reframe the outcomes into business action and impact.
The UN Climate Change Conference of the Parties (COP26) was a chance to act to avert the worst impacts of climate change. Going into COP26, existing national commitments projected a temperature rise of between 2.7°C to 2.9°C – significantly higher than the 1.5-2°C agreed at COP21 in Paris. With commitments agreed under the Glasgow Climate Pact, the latest analysis suggests we are looking at an increase of 1.8°C to 2.4°C. While this is an improvement, it isn’t 1.5°C – and the commitments agreed to date will require detailed plans, measurement and accountability.
Business and government must work together to reverse climate change. Through global experience, expertise and convening power, EY helps build, implement and report on global, enterprise-wide strategies that address the climate emergency.
EY is already carbon negative in 2021, has set an ambition to become net zero in 2025 and is actively helping others with their own decarbonization journeys. It is also investing in sustainability services, solutions and people, and advising governments and regulators around the world on ESG standards and the transition to a green future.
By collaborating following COP26 we will find the better answers that will be key to accelerating the transition to a low-carbon global economy and protecting and creating value from sustainability around the world. EY can help translate decisions made in Glasgow into business action and impact.
By working together, we can all build a better, more sustainable working world.