Global carbon dioxide emissions have increased by nearly 50 per cent since 1990, and 2019 was the warmest year on record. Climate change touches everything we do and for the 1st time, the World Economic Forum has named climate change as a leading risk facing business and our survival. Episode 25 discusses the Green Revolution and all its glorious, wicked, complexities. Climate action requires rapid changes that must take place in four key parts of society: energy generation, land use, consumer behavior, and industry. Tom Raftery, Global VP and SAP Innovation Evangelist joins Sheri Hinish, and both have a deep-rooted passion for sustainability and sustainable development.
This episode touches on everything from SDG 13, to a comparison of renewable energy sources, how to build a green data center, why Google and Microsoft cloud environments are more sustainable than AWS, and the business case for transition to EVs (electric vehicles). What is the social cost of carbon? How do we trust businesses and suppliers to be sustainable in environmental stewardship? How can reporting and pricing carbon can reduce emissions and enable smarter planning in supply chains? According to conservation.org, the Price tag for climate change in the US is $ 140 billion per year. This is what it would take to make the changes humanity needs to adapt to a warming world. It may sound like a lot, but it’s less than 0.2% of global GDP. And the cost will only increase the longer we take to act ambitiously.
Supply Chains, technology, and Industry 4.0 are a conduit for climate action using environmental risk management, the cost of carbon, and understanding consumer behavior where shifts like purchaser-to-participant and “shades of green” meet the consumer in their green journey. There are natural climate pivots like the “flexitarian diet” and small behavior shifts that pay dividends. There is a fiscal argument for climate action that is unpacked in this episode, inlacing SAP’s new Climate 21 initiative.
Climate change impacts natural and human systems globally through the increase globally averaged surface temperature, extreme weather events, changing precipitation patterns, rising sea levels and ocean acidification. These risks will ultimately impact people’s livelihoods, particularly marginalized groups such as women, children, and the elderly, as resources, food and water become more scarce. If you think about the SDGs, the lasting effects of climate change tied to SDG 13 makes it very difficult to achieve other goals. The green revolution starts with you. Learn more about how we can design a better future with zero waste, equality, and transition to carbon neutrality, and carbon negative solutions to unite people and our planet.
This is a longer discussion than other episodes but worth the listen!
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