Although the majority of purpose-led businesses are reducing their environmental impact and outperforming their peers, the majority of large multinationals are still in the modus of tweaking business models so that they are only slightly ‘less bad’ for the planet. None have yet invented a business model that is truly carbon neutral or one that has a positive environmental impact.
Unfortunately, this incrementalist approach to corporate growth won’t deliver a positive environmental impact great enough to steer the planet clear of a further 1.5°C in global warming, a threshold which if exceeded is forecast to trigger even extremer weather, droughts, famines, and geopolitical conflicts. Which means the arduous task now facing many FTSE 100, DAX 30, CAC40 and Fortune 500 organisations is figuring out how to transition to a cleaner business model.
Capgemini invent’s innovation and strategy arm, Fahrenheit 212, have formulated five innovation plays to help organisations meaningfully pursue this goal and to bridge the gap between purpose and clean growth.
Event: World climate summit 2019
The World Climate Summit is the leading global forum in which private and public actors meet to discuss and present business and investment-driven solutions to climate change. Find out more about this event and the sessions we will be presenting as part of our partnership.