The Climate of Business #9: Job of the year? In Climate.
Lubomila Jordanova
CEO & Founder Plan A & Co-Founder Greentech Alliance │ Obama Leader │ MIT Under 35 Innovator │ LinkedIn Top Voice
Over the course of the last year my team in Plan A expanded significantly. 3 offices and 30+ nationalities across Europe and we are nowhere done. The best thing about it? We are not alone. The climate tech industry has exploded and is able to take in more talent, thanks to the $14.2 billion funding in Q1/Q2 2021 worldwide. Conveniently, these are the jobs that the next generations seek (see below). The Gen Zs are looking for a company to join which connects them to a purpose, cares about climate and its people.
Where does this leave you? If this equation is successful, not only Greentech companies would be enticing for the next generations. You don't need to build a Greentech company to get this talent - you simply need to satisfy their need for a purpose-driven work environment with equal care about people, planet, profit. Or simply a transparent approach on your path to get there.
Climate Change Reality
In 10 years 14% of coral reefs gone due to climate change (Deutsche Welle)
"Can Nuclear Fusion Put the Brakes on Climate Change?" (The New Yorker)
Worst California Oil spill in 27 years - "Coast Guard race to contain Southern California oil spill" (CBS News)
Russia facing billions in costs due to climate change (Bloomberg)
Fish stock and jobs at stake due to climate change (Yahoo News)
Native communities across North America face heart-wrenching choices over whether to relocate (India Country Today)
"There’s enough wind to power the globe. But exactly how much do we need to catch to rein in carbon?" (Anthropocene)
Can we grow our food with car emissions? (Anthropocene)
The 4 R's of Carbon (Medium)
Business Climate Reality
"U.K. Launches $13.6 Billion Green Gilt, With Retail Savings Bond To Follow" (Forbes)
Generation Z flock to climate careers (Guardian)
5 Threats to Biodiversity and the Ways Businesses Can Address Them (Network for Business Sustainability)
Banks are cashing in on ESG (Bloomberg)
Science-based targets requested by investors With $29 Trillion (Bloomberg)
领英推荐
"COP26 delegates agree on need to deliver on $100 bln climate finance pledge" (Reuters)
"Banks and regulators 'learning on the fly' about ESG amid investor frenzy" (Yahoo)
Are electric vehicles really green? (Financial Times)
Methane capture tech needs to catch up on carbon capture tech (Anthropocene)
Why is UK’s 2035 zero carbon electricity goal extremely challenging? (Financial Times)
Reality Check
Last week I promised I will speak about reporting standards, but the response I got from many of you overwhelmingly demonstrated that this is a topic that cannot be covered simply in a few paragraphs. Rather than lending superficial knowledge on the topic, I will share some useful resources which help you develop a comprehensive idea on the standards.
EU Taxonomy
One key standard many speak about these days is the EU Taxonomy. We at Plan A put together a practical guide on how you can navigate this new EU framework.
The EU Taxonomy is a green classification system that translates the EU’s climate and environmental objectives into criteria for specific economic activities for investment purposes.?- EU
The Taxonomy Regulation lays out six EU environmental objectives:
How will companies use the EU Taxonomy?
Mandatory reporting for large financial and non-financial companies, financial market participants. Voluntary for those who want to be guided on how to go through a sustainable transition.
What is the role of the EU Taxonomy?
The framework is really elaborate and has been further developed over the course of the last months. It is one of the statement pieces of legislation that came out of the Green Deal and is likely to expand in its reach to industries and organisations that at the moment don't fall within the mandatory group. It is there to set out of a framework for alignment in the sustainable transition.
Where can you learn more?
The Plan A's practical guide on the EU Taxonomy and the 17-page FAQ of the EU.
Next week I will focus on the financing of Greentech. PM me with inputs if you wish.
Channel Marketing Specialist, Project & Event Manager, Demand generation Specialist, Content Creator
3 年as always- an amazing and interesting article with facts and strong points to think about. Thank you!
Board Member, Board Advisor, Impact Investor, Business Development, Strategic Partnerships and Communications. #LuxuryBranding #Sustainability #SocialImpact #Travel #Wellness
3 年Clarity in climate is the new challenge. There are many moving parts, and companies can use our guidance to adjust and adapt their systems and community influence. While I am proud to dedicate my experience to build understanding, strategy and narrative, it is people like you and Plan A that continue to lead the way to action. Thank you for being such an important part of this fight for our people-planet-profit, and for your constant inspiration! ??
Director Data Architecture at Fidelity Investments
3 年Excellent read. Really finding the series interesting and appreciate the effort you are putting into it
Helping organizations improve, measure, and refine their impact strategies ?? Data-driven insights for continuous growth. ??
3 年Interesting Topic! Have to read more about EU Taxonomy And as always Thanks a lot for sharing your insightful thoughts Lubomila Jordanova!
????◇Every end has new beginning?? ????????》 Silently boost up... Open to learn, work and change the systems. Looking forward for better opportunity.
3 年Ma'am Lubomila Jordanova You're one of the most enthusiastic female CEO, I have come across. Keep it up Ma'am ??