Finimize Live: The Path To Carbon Neutrality

Finimize Live: The Path To Carbon Neutrality

almost 3 years ago1 min

Hi, it’s Community Host Nikki Hawkes here 👋 On February 23rd, 2021, I was joined by Joshua Hasdell from KPMG to discuss how to identify carbon neutral businesses to invest in.

Several companies have set themselves net-zero carbon emissions targets, but then focus solely on energy transition – which only account for 55% of total carbon emissions. This event highlighted how to look out for companies that are going beyond this.

Three key conversation takeaways:

  • Minimum waste business models can be integrated into a company's business strategy, and need to be taken up by everyone in order to achieve a circular economy. Good practices include the use of materiality assessments which have engaged with lots of stakeholders within and outside the business.
  • Bad practices by companies on their quest to achieve a carbon net-zero status would be stating corporate social responsibility (CSR) ambitions with unfocused goals.
  • Not everyone is perfect and achieving these transitions will be difficult - If a company hasn't reached their targets, being transparent and explaining why will help them win back investor trust.

"Authenticity is key – ESG ratings help us hold organisations accountable so that they don't say one thing and do another."

Joshua Hasdell from KPMG

Joshua also mentioned an article on Bill Gates’s efforts to tackle climate change. Find it here.

Follow Nikki on Linkedin or find her next event featured in the Upcoming Events section of the Finimize app.

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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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