In today’s business landscape, addressing climate change is not just a matter of corporate responsibility; it is a strategic imperative. As governments, investors, consumers, and industry peers increasingly demand and reward sustainable operations, companies must make climate action a core part of their strategy.
The science is clear: decarbonizing the economy is essential to limiting global warming. However, reducing emissions alone cannot get us to net zero and must be complemented by carbon dioxide removal (CDR) to address hard-to-abate emissions. As companies around the world strive to meet sustainability goals, developing a CDR strategy is critical.
This call to action for business explains both the need for urgency and the business value in participating in the carbon dioxide removal market today. Sixteen organizations, including nine WBCSD members, have shared their latest thinking around CDR and the journey to net zero. These insights are presented as factsheets covering the what, the why and the how of CDR within these organizations. While these organizations sit across various sectors, including energy, shipping and retail, one commonality is that they are aligned with science and understand the need for CDR to neutralize unabated emissions before they can reach net zero emissions.
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