How brands can use green tech to achieve net-zero emissions
Businesses around the world are coming to the front to fight climate change. It is estimated that by 2050, there shall be net-zero emissions. In 2019, the pledge has risen from 16% to 70% to net zero emissions. In the Bloomberg survey, the largest tech companies are incorporating immediate actions for the climate change dilemma. 43% of the world’s 632 companies have net-zero emissions commitments but two-thirds have failed to achieve such commitments due to their inconsistent and uncertain efforts. Further, Cognizant study shows that Companies are improving their ESG Compliance (Environmental, Social and Governance compliance). On the other hand, Mckinsey’s study shows that companies with high ESG ratings have a low cost of debt and equity. Yet their net zero pledge remains in a dilemma. Brands, tech companies have a great impact to achieve net zero emissions. Making investments in the Climate change issue, Introducing Sustainable Development, Awaring people adopting low-carbon lifestyle, Fulfilling Net-zero emissions pledge, Ascertaining the processes to use green tech to achieve net-zero emissions, Using renewable energy and electric vehicles, Preserving Wildlife and forests are some of the ways that the brands can use to achieve net zero emissions.