Post by Climeworks

𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 𝗮𝗰𝘁𝗶𝗼𝗻 𝗶𝘀 𝗻𝗼𝘁 𝘀𝗹𝗼𝘄𝗶𝗻𝗴 𝗱𝗼𝘄𝗻. At London Climate Action Week, one message came through clearly: net zero is becoming more practical, more business-critical, and more collaborative. At Climeworks, we brought together 50 sustainability leaders for an executive breakfast on how companies can make net zero practical in today’s business reality. Together with David Kennedy from Science Based Targets initiative and corporate perspectives from TikTok, Klarna, Deloitte and NTT DATA, three themes stood out: 🔹 𝗧𝗵𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗰𝗮𝘀𝗲 𝗳𝗼𝗿 𝗻𝗲𝘁 𝘇𝗲𝗿𝗼 𝗶𝘀 𝗯𝗲𝗰𝗼𝗺𝗶𝗻𝗴 𝗰𝗹𝗲𝗮𝗿𝗲𝗿  Net zero is increasingly about managing transition risk, building resilience and identifying business opportunities. With more companies setting validated science-based targets globally, the leaders in this space are not stepping back. They are becoming more disciplined about how they manage the transition, from energy efficiency and renewable electricity to supply chain transformation and carbon removal. 🔹 𝗖𝗮𝗿𝗯𝗼𝗻 𝗿𝗲𝗺𝗼𝘃𝗮𝗹 𝗶𝘀 𝗯𝗲𝗰𝗼𝗺𝗶𝗻𝗴 𝗮𝗻 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗶𝗻𝗴𝗹𝘆 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗽𝗮𝗿𝘁 𝗼𝗳 𝗰𝗿𝗲𝗱𝗶𝗯𝗹𝗲 𝗻𝗲𝘁 𝘇𝗲𝗿𝗼 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 The conversation is shifting from a passive approach to credits towards more active, strategic engagement with high-quality carbon removal. As frameworks such as SBTi, GHGP and ISO continue to provide clearer expectations for addressing ongoing and residual emissions, companies are looking more closely at quality, risk, timing, price and portfolio approaches, while continuing to prioritize deep emissions reductions first. 🔹 𝗡𝗲𝘁 𝘇𝗲𝗿𝗼 𝗶𝘀 𝗻𝗼𝘄 𝗮𝗻 𝗲𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲-𝘄𝗶𝗱𝗲 𝗲𝗳𝗳𝗼𝗿𝘁  A recurring theme was that climate action can no longer sit with sustainability teams alone. Finance, procurement, legal, operations and leadership all have a role to play, with the CFO often becoming a decisive partner. As one of the strongest messages from the discussion put it: make the CFO your best friend. A big thank you to our speakers: David Kennedy, Ian Gill, Smruti Naik-Jones, Alexander Farsan, Leticia Lastra and Adrian Siegrist. And thank you to our partners WBCSD – World Business Council for Sustainable Development, Sustainable Markets Initiative, The Nature Conservancy, Nature4Climate, Barclays and Carbon Clean for having us at their events throughout London Climate Action Week. The transition is complex, but the direction is clear: companies are staying the course. #LondonClimateActionWeek #ClimateAction #NetZero #CarbonRemoval