A top-down, bottom-up approach is needed to drive the transition to a low-carbon world, according to delegates at the World Green Energy Summit.
A top-down approach from policymakers would set out the taxation, funding and framework needed to get net zero across the line. This is the view of Xavier Anglada, managing director of Accenture Middle East. He told delegates at the summit in Dubai that the approach would have to be complemented by a shift in investors' mindsets from a focus on pure return for shareholders “to a 360 view” that considers a company’s effect on society.
That approach must then be paired with a bottom-up strategy that incorporates the huge demand from consumers “that want to be heard because we need a better world", Mr Anglada said.
Accenture, which has 600,000 staff spread around the globe, has pledged to be net zero by 2030, a move that has “huge implications not only on what we do, but our value chain, and our people”, Mr Anglada said.
He called for a huge commitment at the corporate level to recognising that sustainability and the path to net zero “is serious” and that “everyone is accountable”.
In the US, the State Department is teaming up with the World Economic Forum to persuade multinational companies to commit to buying low-carbon products by 2030 or sooner, in a push to accelerate climate change goals and develop supply chains.
Some of the world’s biggest companies have reportedly signed up to the First Movers Coalition created by John Kerry, the UK special presidential envoy for climate, to clean up notoriously carbon-intensive industries such as aviation, shipping and steel in the transport sector, according to Bloomberg Green, which is set to launch at the Cop26 climate summit in Glasgow, Scotland next month.
Earlier this week, the chief executive of Mars, one of the world’s largest consumer products companies, said corporate commitments to cut greenhouse gas emissions often fall short.
The comments from Grant Reid, along with Mars’s chief sustainability and procurement officer, Barry Parkin, came after the climate activist Greta Thunberg described many green actions promised by global leaders as “blah, blah, blah”.
“We all heard Greta,” Ms Parkin, said. “Greta is right. It’s not about the target, it’s about the progress and it’s the actions that matter.”
Mars has set out new science-based climate targets to achieve net zero greenhouse gas emissions across its business by 2050, including all those created by its suppliers and emissions from consumers using its brands.
Philippe Diez, vice president EMEA, energy and sustainability services, at Schneider Electric, told the summit that there has been a huge acceleration in the number of companies committing to net zero in recent years with “action coming with that”.
“Two years ago there were about 200 applicants and now there are 1,878 companies in the world that have submitted to science-based targets, out of which half have already committed on a roadmap to 1.5 degrees," he said.
“So it's pretty significant improvements and a sign of commitment. In terms of concrete actions out of that, Schneider Electric ... has never had so many requests, from the US to India to Mexico to Australia, to find new additional capacity of renewable energy for corporations. So I'm really optimistic that things are happening."
Match info
Uefa Champions League Group C
Liverpool v Napoli, midnight
MATCH INFO
Champions League quarter-final, first leg
Tottenham Hotspur v Manchester City, Tuesday, 11pm (UAE)
Matches can be watched on BeIN Sports
Chris%20Jordan%20on%20Sanchit
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RIDE%20ON
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Teams
Punjabi Legends Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC
Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan
Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
Timeline October 25: Around 120 players to be entered into a draft, to be held in Dubai; December 21: Matches start; December 24: Finals
AT%20A%20GLANCE
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Company%20profile%20
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If%20you%20go
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UAE rugby season
FIXTURES
West Asia Premiership
Dubai Hurricanes v Dubai Knights Eagles
Dubai Tigers v Bahrain
Jebel Ali Dragons v Abu Dhabi Harlequins
UAE Division 1
Dubai Sharks v Dubai Hurricanes II
Al Ain Amblers v Dubai Knights Eagles II
Dubai Tigers II v Abu Dhabi Saracens
Jebel Ali Dragons II v Abu Dhabi Harlequins II
Sharjah Wanderers v Dubai Exiles II
LAST SEASON
West Asia Premiership
Winners – Bahrain
Runners-up – Dubai Exiles
UAE Premiership
Winners – Abu Dhabi Harlequins
Runners-up – Jebel Ali Dragons
Dubai Rugby Sevens
Winners – Dubai Hurricanes
Runners-up – Abu Dhabi Harlequins
UAE Conference
Winners – Dubai Tigers
Runners-up – Al Ain Amblers
Diriyah%20project%20at%20a%20glance
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POWERWASH%20SIMULATOR
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Company%20profile
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HOW%20TO%20ACTIVATE%20THE%20GEMINI%20SHORTCUT%20ON%20CHROME%20CANARY
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Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
AIDA%20RETURNS
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SEMI-FINAL
Monterrey 1
Funes Mori (14)
Liverpool 2
Keita (11), Firmino (90 1)
KILLING OF QASSEM SULEIMANI
Women%E2%80%99s%20T20%20World%20Cup%20Qualifier
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Dolittle
Director: Stephen Gaghan
Stars: Robert Downey Jr, Michael Sheen
One-and-a-half out of five stars
Dubai World Cup Carnival Card:
6.30pm: Handicap US$135,000 (Turf) 1,200m
7.05pm: Handicap $135,000 (Dirt) 1,200m
7.40pm: Zabeel Turf Listed $175,000 (T) 2,000m
8.15pm: Cape Verdi Group Two $250,000 (T) 1,600m
8.50pm: Handicap $135,000 (D) 1,600m
9.25pm: Handicap $175,000 (T) 1,600m
MATCH INFO
Manchester United 1 (Rashford 36')
Liverpool 1 (Lallana 84')
Man of the match: Marcus Rashford (Manchester United)
Overview
What: The Arab Women’s Sports Tournament is a biennial multisport event exclusively for Arab women athletes.
When: From Sunday, February 2, to Wednesday, February 12.
Where: At 13 different centres across Sharjah.
Disciplines: Athletics, archery, basketball, fencing, Karate, table tennis, shooting (rifle and pistol), show jumping and volleyball.
Participating countries: Algeria, Bahrain, Comoros, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Saudi Arabia, Sudan, Syria, Tunisia, Qatar and UAE.
SPEC%20SHEET
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Saudi Cup race day
Schedule in UAE time
5pm: Mohamed Yousuf Naghi Motors Cup (Turf), 5.35pm: 1351 Cup (T), 6.10pm: Longines Turf Handicap (T), 6.45pm: Obaiya Arabian Classic for Purebred Arabians (Dirt), 7.30pm: Jockey Club Handicap (D), 8.10pm: Samba Saudi Derby (D), 8.50pm: Saudia Sprint (D), 9.40pm: Saudi Cup (D)
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
CHATGPT%20ENTERPRISE%20FEATURES
%3Cp%3E%E2%80%A2%20Enterprise-grade%20security%20and%20privacy%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Unlimited%20higher-speed%20GPT-4%20access%20with%20no%20caps%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Longer%20context%20windows%20for%20processing%20longer%20inputs%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Advanced%20data%20analysis%20capabilities%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Customisation%20options%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shareable%20chat%20templates%20that%20companies%20can%20use%20to%20collaborate%20and%20build%20common%20workflows%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Analytics%20dashboard%20for%20usage%20insights%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Free%20credits%20to%20use%20OpenAI%20APIs%20to%20extend%20OpenAI%20into%20a%20fully-custom%20solution%20for%20enterprises%3C%2Fp%3E%0A
The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
AUSTRALIA SQUAD
Aaron Finch, Matt Renshaw, Brendan Doggett, Michael Neser, Usman Khawaja, Shaun Marsh, Mitchell Marsh, Tim Paine (captain), Travis Head, Marnus Labuschagne, Nathan Lyon, Jon Holland, Ashton Agar, Mitchell Starc, Peter Siddle
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Coal Black Mornings
Brett Anderson
Little Brown Book Group
