Beyond ‘business as usual’. Addressing the climate change crisis
The consensus of the international scientific community – represented by the Intergovernmental Panel on Climate Change (IPCC) – finds strong evidence that climate change is occurring, that it is influenced by human action, and that it is leading to changes in extreme weather and climate events.
The IPCC gives the world only 11 years to successfully transition or risk catastrophic consequences. And Zurich’s own analysis suggests that the likelihood of missing the Paris Agreement’s target of limiting global warming to 2ºC or below is currently higher than achieving it.
If we are to address our climate crisis, all companies need to reach beyond their own “business as usual”. And Governments have to think beyond a “my term in office” mentality, separating climate change from political tensions.
Our children and grandchildren are demanding we better protect them against climate change. They are marching for this and their message was delivered powerfully at the World Economic Forum’s annual meeting in Davos this year. We must listen and respond to their voices with real urgency.
It is time to reimagine how we can make a difference. It makes sense economically and strategically, and is expected by all our stakeholders. But most importantly, it is simply the right thing to do.