Webinar: Are We Measuring What Matters? A New Approach to Carbon Accountability
Following the thought-provoking session at Solutions House NYC 2024, we're excited to bring the conversation online with a follow-up interactive event.
Join us on Monday, November 4th for a webinar that will explore the 'Spheres of Influence', a pioneering framework designed to shift how we measure corporate contributions to climate action. This approach goes beyond traditional carbon accounting methods, encouraging companies to act not only within their direct operations but also across their broader societal impact.
Why It Matters
Today, nearly half of the 2000 largest global companies still lack a formal net-zero target. While many businesses are making genuine efforts to reduce their emissions, the current carbon accounting systems—focused on Scope 1, 2, and 3 emissions—often fail to reward companies that drive systemic change. Many companies are investing in climate-friendly products, pushing for environmental policies, and making portfolio decisions that have a broader societal impact, yet these actions are rarely recognized under current frameworks.
The 'Spheres of Influence' model offers a solution by expanding the way we measure and reward corporate climate efforts. It encourages companies to act beyond their value chains and take responsibility for their impact on global decarbonization, creating new opportunities for businesses to lead in the fight against climate change.
What You'll Learn in This Webinar
In this session, we’ll dive into the key aspects of the ‘Spheres of Influence’ and discuss:
The Benefits for Companies and the Planet: How investing in new ways to measure carbon contributions can build brand trust, enhance competitiveness, and help meet global emissions targets.
Opportunities and Challenges: The barriers to recognizing and rewarding activity beyond traditional emissions reductions, and how companies can navigate them.
Turning Theory into Action: Practical steps businesses can take to adopt this new approach, and how it can be integrated into existing corporate strategies.
Event Details:
Date: Monday, Nov 04
Time: 3:30 PM - 5:00 PM GMT
Location: Online event
This webinar is built on the ideas presented in the recent Harvard Business Review article: To Incentivize Companies to Address Climate Change, Measure Their Broader Impact by Solitaire Townsend and Kaya Axelsson, which explores how companies like Tesla are engaging in significant climate action but not always receiving credit for their broader contributions.
Why You Should Attend
This event is a must for business leaders, sustainability professionals, and anyone interested in the future of corporate climate action. You’ll hear from experts and industry peers about how this new model can redefine the way companies approach their climate responsibilities, driving more meaningful change for the planet.
Register now and be part of the conversation on how we can start measuring what truly matters in the fight against climate change.