One often overlooked avenue to for businesses improve their Environmental, Social, and Governance (ESG) performance is leveraging global events such as COP28 (Conference of Parties) to enhance environmental impact monitoring and foster climate action. This white paper presents three actionable steps that businesses can take to prepare for COP28 and align their operations with the global sustainability agenda.
Your business cannot improve if you have no idea what your impact is. Not only is this helpful in preparation for COP28 but as global environmental regulations increase it’s important to be able to track your impact to ensure compliance. It is also helpful in order for your businesses to make sure you’re doing your part in reducing negative environmental impacts.
What you can do:
COP27 provided a platform for global collaboration and knowledge sharing, driving significant shifts in business practices. There are definitely going to be business trends that were impacted by COP27 and lessons you can apply to your business sector.
What you can do:
By embracing these lessons, your business can proactively adapt to changing expectations and accelerate its sustainability journey.
Creating a plan of action is critical to translating intentions into tangible results. COP28 is a significant event with a multitude of activities taking place simultaneously. Make sure your business takes advantage of all knowledge, collaboration, networking, and improvement opportunities.
Preparing for COP28 is not only an opportunity to enhance your business's ESG practices but also a chance to align with global climate action. By following the three steps outlined in this white paper - Assess, Learn, and Plan - your business can leverage the power of COP28 to monitor its environmental impact effectively, drive innovation, and contribute to a more sustainable future.
Take action now and position your business as a leader in the transition towards a greener economy. For further guidance and to explore tailored strategies for your organization, consult with Communique’s experienced sustainability experts.
Remember, the road to COP28 is paved with possibilities. Will your business seize them?
Author: Maha Abdel-Karim, Junior Environmental Consultant