cambio climático – Nexos+1

[Opinión] El reto de priorizar el cambio climático en la estrategia de negocio

Diego Monteza — Thu, Mar 16, 2023 2:36:27 PM +0000

By: Sarah Franciscolo - Manager of nexos+1

Human activity has irrevocably changed the global climate. Even if it were possible to stop all greenhouse gas emissions today, we would feel the consequences of a warmer atmosphere for several years to come. Faced with this scenario, companies face a double challenge - to increase their resilience to a changing climate and at the same time transform their business to decarbonize it in order to ensure their future sustainability.

In the Latin America Business Climate Action Report 2022, Of the 109 Latin American companies surveyed, 22% have identified the risks and opportunities that climate change presents to their business, and another 65% are in the process of doing so. 69% already measure their carbon footprint, but only 32% have a climate action plan to make reductions and monitor them. This is important because having a climate action plan has a strong impact on companies' climate ambition. Companies that have a climate action plan are 2 times more likely to have reduction and carbon neutrality targets.

What these figures tell us is that companies are aware of their impact, but they need to prioritize it in their business strategy and do the hard work of changing the way they operate in order to achieve a resilient business aligned with the decarbonization of our economy. We invite you to read the Report and the best practices report: Making Latin American Business Climate Action Visible, which details the cases of 9 companies in the region that are facing this challenge in order to help lead the way for other companies to increase their climate ambition.

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nexos+1 NEWS | El reto de priorizar el cambio climático en la estrategia de negocio

Diego Monteza — Wed, Mar 15, 2023 9:11:05 PM +0000

This week we see several countries in the region affected by extreme weather events, from an unprecedented heat wave in Argentina to an unusual cyclone on the Pacific Ocean coast that is generating heavy rainfall and flooding in Peru and Ecuador. Even more worrisome than the suffering and damage these events are generating is the realization that this is only the beginning of what is to come.

Human activity has irrevocably changed the global climate. Even if it were possible to stop all greenhouse gas emissions today, we would feel the consequences of a warmer atmosphere for several years to come. Faced with this scenario, companies face a double challenge - to increase their resilience to a changing climate and at the same time transform their business to decarbonize it in order to ensure their future sustainability.

Read the news here

In this report you will learn about:

What is the progress of the Latin American private sector in terms of climate action.
The main challenges and opportunities that companies face when taking action.
Best practices of companies in the region that are promoting decarbonization in their organizations.

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[Opinión] Cambio climático: transformar los riesgos en oportunidades de mercado

Hernán Marín — Fri, Feb 10, 2023, 5:00:49 PM +0000

By: Pia Zevallos - Libélula's General Manager

The World Economic Forum recently published its Global Risks Report 2023, which surveys experts on the main risks for the world in the next two and ten years. The business sector surveyed considers that of 10 risks, 5 of which are associated with the effects of climate change The risks to business over the next two years are: extreme weather and environmental disasters, failure to mitigate climate change, natural resource crises, and failure of adaptation measures. It is becoming increasingly strategic and urgent to manage the impact of climate risks on business.

What can companies do in the face of this scenario?

As a first step, identify risks to be able to manage them and from there, build more resilient and prosperous organizations. However, the Latin America Climate Action Report 2022, publication by Libélula in alliance with business associations in the region, indicates that the private sector is not prioritizing this analysis: only 22% of the companies surveyed have identified and are managing the risks and opportunities that climate change presents to their business. Most link risks to climate disasters, such as floods, which can severely affect physical structures, assets and operations (roads and transportation). Few companies have identified new opportunities to generate value in a context of climate change.

On the other hand, the Report has also revealed that good business practices that are creating new businesses from their management of this context. One example is Ferreycorp, which installed Caterpillar solar panels, which it represents in Peru, at its repair center in Arequipa. In this way it managed to reduce its GHG emissions and generated energy savings of S/246 thousand, in turn promoting the sale of solar panels to its mining clients. Another case is that of Chumbagua Sugar Company of Honduras, that identified that generating energy from its waste was a business opportunity. Today it not only supplies its plant with 100% of bioenergy generated from bagasse, but also transfers more than 50% to the national energy grid. Like these, there are many other examples of companies that by implementing climate risk management measures discover opportunities to generate more value.

In conclusion, the climate crisis is not only a threat: it can also be a huge opportunity to business transformation opportunity that positively impacts the environment, people and drives new business opportunities. Business leaders in our region have the great challenge of incorporating this vision into their strategy, catalyzing innovation in their organizations.

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[Opinión] Medir para elevar la ambición empresarial

Hernán Marín — Thu, Jan 26, 2023 12:32:00 AM +0000

By: Pia Zevallos - Libélula's General Manager

The start of a new year invites us to reflect on business resilience and the climate crisis. We are approaching 2030, which is critical to achieving the ambitious goal of reducing global emissions by 50%, and avoiding the worst impacts. The report Integrity Matters presented by high-level experts at COP27, proclaims the importance of the involvement of business, the financial sector and cities in climate action; on this depends the possibility of “scaling up ambition to ensure a sustainable planet, or increasing the likelihood of failing to do so”.

It is a trend in the world's largest companies to set carbon neutrality goals and analyze climate risk. But how are we doing in Latin America? There is little information on the subject, given that the percentage of companies that publish their commitments and progress is low; for example, only 3% of companies in the platform Science Based Targets (SBT) are from LATAM. In order to learn how companies in the region are contributing to the Paris Agreement and to understand their motivations and challenges, Libélula created the Latin America Corporate Climate Action Report, a survey that included 109 companies from 9 countries.

The good news is that the number of companies which is by measuring its carbon footprint has increased 28% emissions in the last 5 years and are also expanding the scope of measurement. One third of them are considering the emissions of their value chain. On the other hand, 72% has identified measures to reduce its emissions, but only 32% has a concrete plan to do so.

According to the Report, getting started on the road to sustainability is not easy for the Latin American business sector. Incentives, regulations, and consumer and market demand for change are incipient. In addition, most operate in emerging economies, which are highly affected by COVID-19. However, the more mature companies decided to take action because they identified future risks and chose to anticipate them. They report that they have achieved significant savings, filled new market niches, improved their license to operate and created jobs.

The region's business sector faces a number of challenges on its path to sustainability.
Knowing your level of climate maturity, as well as measuring your carbon footprint are two decisive steps to build more resilient companies that contribute to a more sustainable planet.

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La capacidad tecnológica mundial de captura de carbono debe multiplicarse por 120 en 2050 | nexos+1 NEWS

Hernán Marín — Tue, Dec 20, 2022 1:41:04 PM +0000

McKinsey believes that the first The first companies to adopt commercial Carbon Capture, Storage and Use (CCUS) technologies at scale will be companies in the United States and Canada. heavy industrial sectors, that they will have to use them in their own facilities to meet national zero-zero transition requirements.

This is the main conclusion of the report published by McKinsey that evaluates the current
CCUS worldwide capacity, which currently covers less than half of the
annual global emissions.

Read the news here

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Hoja de ruta a cero neto de la ONU para empresas y actores no gubernamentales | nexos+1 NEWS

Hernán Marín — Thu, Nov 24, 2022 7:40:00 PM +0000

“Non-state actors play a critical role in getting the world to catch up.
net zero emissions by 2050 at the latest. The planet cannot afford any more delays, excuses or greenwashing.»
- Catherine McKenna, Chair, UN High-Level Panel of Experts

The COP27 has been used to launch a harsh reproach of the greenwashing and lack of commitment of non-governmental stakeholders to reduce their emissions in accordance with the
that science requires to limit warming to 1.5 degrees.

The high-level expert group assessing net-zero emissions commitments of non-state entities has submitted a road map crucial to bring integrity to the commitments net-zero emissions by industry, institutions
cities and regions.

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Las soluciones tecnológicas que combaten el cambio climático | nexos+1 NEWS

Hernán Marín — Mon, 05 Sep 2022 15:35:52 +0000

The world is already experiencing the effects of climate change. In this scenario, solutions such as artificial intelligence, internet of things, big data, image analysis and cloud services, are beginning to be used on a global scale to combat the risks of rising temperatures.

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Limeños viven 4,7 años menos debido a la contaminación del aire: ¿Qué se debe hacer para resolver este desastre?

Hernán Marín — Mon, Sep 27, 2021 12:34:27 +0000

Lima, September 2021. A few days ago, we Peruvians commented with concern on a study by the University of Chicago that places the Peruvian Peruvian capital as the city with the lowest air quality in Latin America, which has caused our life expectancy to be reduced by 4.7 years. The figure is disastrous and places Lima far above other metropolises such as Bogota (2.2 years less), Mexico City (7 months) and Quito (5 months). Undoubtedly, air pollution in the city, due to fossil fuel emissions, is out of control and we should be concerned about reversing this situation. What can we do?

We can all take a variety of actions to combat the effects of climate change, according to Connect with the future, campaign, which has been launched in the Statkraft Peru, a leading renewable energy company, with the aim of raising awareness about caring for the planet and how energy from natural sources (hydroelectric, wind, solar and more) is the solution to environmental problems. Let's take a look at some of these actions:

Small changes generate big revolutions. Just not taking the car out every day or even sharing rides with other people can be key.
Cycling or walking short distances can also be a great contribution to our atmospheric health.
Let's make the effort to organize ourselves and not be in a hurry so that we are not forced to use the car or ask for a cab.
At home we can also help the planet by reviewing our daily practices: How long does it take us to cook? How many times do we open the refrigerator without having to? How many appliances do we leave on? Let's turn off and unplug what we are not using.
It sounds complicated, but having plants, small vegetable gardens and compost in our homes is simple and helps the ecosystem. In the case of compost, all you need is a wooden box located in a ventilated space, newspaper and soil. Little by little you can add fruit and vegetable scraps, always mixing them with the soil. After four months, these remains will have become compost, ready for your gardens, pots or biogardens.
Additionally, it is important to measure our carbon footprint from time to time. This helps us to evaluate the actions we take that affect the environment and make decisions to reduce our impact. You can calculate your footprint at the following link of the organization Dragonfly: libelula.com.pe/discover

Juan Antonio Rozas, Country Manager of Statkraft Peru, comments that 85 % of air pollution comes from the vehicle fleet, and 66 % of this is in Lima and Callao, according to figures from Lima Cómo Vamos. “Therefore, it is essential to focus on transportation and the ways we use daily to get around. Let's ask ourselves if we use cars to cover routes that we could cover on foot or by bicycle and let's keep in mind that, according to the Ministry of the Environment, with each kilometer traveled, 190.5 kilos of CO2 are generated,” he explains.

However, the problem of air pollution in Lima and the rest of our country must commit citizens, private companies and the State to speed up the transition from fossil and mineral fuels (gas, oil and coal) to renewable energies, focusing, above all, on our vehicle fleet. “According to Statkraft's Low Emissions Scenario 2020 report, by 2050 all new cars in the world will be powered by electricity. In other words, a future based 100% on renewable energies is possible. However, in cities like Lima, we cannot wait that long, taking into account its pollution levels, and short-term goals must be addressed, also for the progress of all industries and businesses,” concludes Rozas.

For more information, please visit http://conectaconelfuturo.pe/ and participate in the conversation on social networks with the hashtag #ConnectWithTheFuture.

You can watch the campaign video Connect with the future here:

About Statkraft

Statkraft, is a leading European renewable energy company with more than 125 years of generating clean energy for society. Norwegian state-owned, it has a genuine commitment to sustainability and the fight against the effects of climate change. In Peru, it has nine hydroelectric power plants in different parts of the country that are validated by international organizations such as AENOR and I-REC, so it has renewable energy certificates that prove the origin of its consumption.

Statkraft is not only committed to a carbon-neutral future free of fossil fuels that pollute the planet, but is leading the transition to renewable energy, the only energy that can drive progress and opportunity in the world.

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El nuevo reto de innovación empresarial: resolver el problema del cambio climático

Diego Monteza — Tue, Aug 24, 2021 9:04:51 PM +0000

In order to operate, companies need, above all, a world in which to do so.. But it runs the risk of overheating very soon. The IPCC concludes in a recent report that continued greenhouse gas emissions could exceed the global temperature limit of 1.5 degrees Celsius in as little as a decade.

“The climate change dangerous - no longer that futuristic idea of potential impacts - that brings fires and heat waves, affecting lives, infrastructure and ecosystems, is already here”, he assures Pia Zevallos, founding partner of Dragonfly and director of the Climate Change Management Support Project.

Because the time to act is so short, Zevallos believes the world needs drastic changes. “Companies have started very well by measuring their carbon footprint and try to reduce it. But these are marginal improvements,” she says. The specialist argues that the private sector needs, rather, to deploy processes of innovation to solve the problem of climate change.

What can companies do?

The world needs to reduce emissions by about half by 2030 and it needs to have net zero emissions by 2050 not to exceed the threshold of 1.5 degrees Celsius.

Zevallos suggests that companies consider, for example, the following measures to address climate change:

Promote and use renewable energies (wind, hydro, solar). Companies can make direct contracts with renewable energy generators.
To progressively and permanently adopt decentralized work. (having a workspace closer to home) to reduce fuel use.
Opting for circular business models generating as little waste as possible.
Thinking about regenerative agriculture and in the sustainable management of Amazonian forests.
Focusing on hybrid vehicles and, eventually, electric cars.

In order to implement some of these measures, we must first have a deep understanding of those who would be affected and create solutions for them as well -as would be the case, for example, in the transportation sector with the implementation of decentralized work-, so as not to harm the economic reactivation.

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El coronavirus y el cambio climático

Hernán Marín — Wed, 08 Apr 2020 14:16:20 +0000

While the coronavirus Peru, and the government is focusing all its efforts to control it, the pandemic has had a positive side effect and unexpected for the environment: a 97% reduction in greenhouse gas emissions (GHG) and air pollutants associated with the vehicle fleet in Lima -according to Oscar Aguinaga, professor of Environmental Engineering at Cayetano Heredia University-. This is due to the 1,667,919 vehicles during the mandatory social isolation and the prohibition of private car circulation. The situation is replicated in various parts of the world, at different scales.

As a result of this global health crisis, in China hundreds of factories operations have been paused and the 70% of the 70% has been canceled. flights emissions to prevent the spread of COVID-19. These measures have indirectly succeeded in reducing GHG emissions in the Asian country, currently the world's leading emitter. According to the National Aeronautics and Space Administration (NASA), during February, China emitted 150 million metric tons of CO2 lesscompared to the same month of the previous year. These data are particularly significant if we recall that China accounts for 30% of total global emissionsaccording to the World Bank.

For its part, the International Energy Agency (IEA) reported last week that its forecast of world oil demand was 365,000 fewer barrels per day than its previous estimates - its lowest level since 2011 - due to the measures taken in response to the virus. This leads us to believe that a greater adoption of remote work and a reduction in business air travel could significantly impact oil demand, and thus GHG emissions in the long term.

Specifically on the remote workingAccording to a 2019 Harvard study, this mode of employment means a increase in productivity of 4.4%, USD $38.2 million in infrastructure cost reductions, and 4.4% in contracting cost reductions. Moreover, from an environmental point of view, 1 day of remote work per week in an organization with 100 employees represents a reduction of almost 20 tons of CO2 in one year.

While the state of emergency presents us with unprecedented personal, social and economic challenges, in our country this period of social isolation decreed by the government can also be viewed as a opportunity to reflect on a few things: why can't remote work become a work model in companies, are all our consumptions and plane trips by car necessary, or can we implement work and family practices that help combat climate change?

The world will definitely not be the same after the coronavirus. From this day forward, the social and environmental responsibility of our companies will be essential to continue operating in a vigilant and connected society.. The first, to recover from the social and economic impact of this crisis; and the second, to ensure that our learnings on how to reduce environmental impacts are applied at scale and on an ongoing basis.

Marian Buraschi

Director of the nexos+1 platform

Photo: standstill.world

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Limeños viven 4,7 años menos debido a la contaminación del aire: ¿Qué se debe hacer para resolver este desastre?

El nuevo reto de innovación empresarial: resolver el problema del cambio climático

What can companies do?

El coronavirus y el cambio climático

Marian Buraschi

Join our community

cambio climático – Nexos+1

[Opinión] El reto de priorizar el cambio climático en la estrategia de negocio

nexos+1 NEWS | El reto de priorizar el cambio climático en la estrategia de negocio

[Opinión] Cambio climático: transformar los riesgos en oportunidades de mercado

[Opinión] Medir para elevar la ambición empresarial

La capacidad tecnológica mundial de captura de carbono debe multiplicarse por 120 en 2050 | nexos+1 NEWS

Hoja de ruta a cero neto de la ONU para empresas y actores no gubernamentales | nexos+1 NEWS

Meet our membersnexos+1 corporates!

Las soluciones tecnológicas que combaten el cambio climático | nexos+1 NEWS

Meet our membersnexos+1 corporates!

Limeños viven 4,7 años menos debido a la contaminación del aire: ¿Qué se debe hacer para resolver este desastre?

El nuevo reto de innovación empresarial: resolver el problema del cambio climático

What can companies do?

El coronavirus y el cambio climático

Marian Buraschi

Join our community

Meet our members
nexos+1 corporates!

Meet our members
nexos+1 corporates!