In these challenging times, we’re grappling with grave ecological threats while simultaneously standing at the threshold of a monumental business opportunity: the sustainable transition. As a dedicated climate tech investor, CEO, philanthropist and now the chair of APCO’s Climate and Biodiversity practice, I’m committed to marrying environmental responsibility with economic opportunity.
A Reality Check: The Stark Warnings from the IPCC and Biodiversity Data
The Intergovernmental Panel on Climate Change (IPCC) paints a grim picture: a potential 1.5°C temperature surge by 2040. Concurrently, our planet’s biodiversity is hanging by a thread, with nearly 1 million species nearing extinction.
The Sustainable Transition: Not Just a Responsibility, But a Business Opportunity
Renewable energy and the circular economy aren’t just ethical paths; they’re profitable. The International Renewable Energy Agency (IRENA) predicts renewables could spur the global economy by $98 trillion by 2050. The World Economic Forum sees the circular economy as a potential $4.5 trillion boon by 2030.
Profits in Sustainability: Real-World Examples
Several leading corporations are already reaping the dividends of sustainable practices:
- The North Face: Committed to sustainability, The North Face is dedicated to its goal of using eco-friendly fabrics in all products by 2025 for clothing and 2030 for footwear and equipment, leading to increased customer loyalty.
- Unilever*: Through its Sustainable Living brands, which focus on positive social or environmental impact, Unilever has outpaced the growth of the rest of its business.
- IKEA*: With investments in renewable energy and a focus on sustainable products, IKEA has reduced costs and appealed to environmentally conscious consumers, boosting its market share.
APCO Climate and Biodiversity: Marrying Profit with Planet
APCO’s legacy of global impact is steeped in its rich history, global presence and a visionary founder, Margery Kraus, who I’ve known for over two decades. Our understanding of global markets and geopolitics uniquely positions us to guide businesses in helping lead the sustainable transition. At APCO, our goal is clear: usher businesses into an era where sustainability and profitability are inseparable.
We are at a pivotal moment. With APCO’s expertise and the proven profitability of sustainable practices, we’re poised to redefine the business landscape. Herein lies our greatest challenge, and the greatest business opportunity in the history of the world.