By now, most people know climate change is one of the most challenging problems our society will face, with consequences being felt already today. In fact, 2020 was, along with 2016, the joint hottest year on record (source: WMO) — closing out the warmest decade on record. The global average temperatures reached about 1.2 degrees Celsius above pre-industrial levels. All this is making us get uncomfortably close to the 1.5 degrees C cap on average warming that governments committed to aiming for when they signed the 2015 Paris Climate Agreement. Isn’t it eye-opening?
Despite being a complex issue, it can be explained the substantial increase in Greenhouse Gases (GHG) emissions that started in the industrialization era mainly due to fossil fuel burning and land-use changes. Increased GHG emissions cause more heat to be retained in Earth's Atmosphere and thus more heat to be retained, leading to an increase in average temperatures.
This can lead to multiple natural, human, and socio-economic consequences, either direct or indirect, of which we have highlighted:
- Melting ice and rising seas, which leads to more frequent floods or even the disappearing of entire cities;
- Extreme weather events, which lead to shifts in rainfalls, more frequent and intense draughts and less water resources available;
- Increased hunger and climate refugees, especially true for people living in less developed countries which are more dependent on the environment and natural resources for surviving.
Although this is a worldwide issue that should be addressed by different agents with a comprehensive range of different solutions based on co-creation, everyone has a role to play. Everyone, every government, and every company.
In fact, we believe that businesses have a critical role to play in the transition to a low-carbon economy by reducing their GHG emissions in an economically sustainable way.
Which is why we decided to do our part. We committed to be Net Zero by 2030.
As a social business, our purpose is not only to maximize our financial results but balance it with our positive impact on the Planet and People. In fact, our mission reflects just that: to support and empower local non-profits with social and environmental missions. This is important for us so we can be true to our identity and values and because our employees, clients, and partners expect the highest standards from us. Even though we are a small business, we believe we play a role in contributing, positively or negatively to Climate Change. According to the World Bank, they makeup about 90% of businesses and account for 50% of employment worldwide. We do believe that small- and medium-sized enterprises (SMEs) will play a critical role in the global response to climate change and we want to be part of that change: we would like to share with you our strategy to achieve this commitment we made in 2019 together with other 500+ B-Corps: Impact+ Road to Zero
Read the complete strategy here: https://impactrip.com/impact-road-to-zero-our-net-zero-2030-strategy/
This strategy is far from perfect, but it is one step further. The first of many.
We hope you enjoy reading out strategy and join us in this global quest to fight Climate Change!