When companies abroad go green faster

by time news


Explosive topic: An activist disguised as Chancellor Olaf Scholz during a demonstration against the classification of nuclear energy as sustainable.
Image: dpa

The climate rules in Germany and the EU are too complicated. Companies are therefore considering relocations. But what do company leaders actually say about the details of the ESG rules? A guest post.

Dhe United Nations climate report from 2021 has been called “red alert for humanity”. So far, however, there has been no effective approach to stopping climate change. The failure of the last climate summit in Egypt, which again failed to come up with a global strategy to reduce CO2-Defining emissions shows the inability of states to solve the climate problem. The Paris Agreement is often cited as a milestone, but it is an uncoordinated and voluntary agreement. Efforts of individuals are not effective, the worldwide CO2– Reduce emissions. At the same time, advances by individual states can influence location decisions by companies. Under the current conditions, companies are increasingly not only asking how they can go green in Germany or the EU, but whether it is more advantageous to go green somewhere else or even stay brown somewhere else.

We conducted over 30 guided interviews with company representatives from large and medium-sized companies and asked them about effective measures to slow down climate change. The focus is on reducing CO2-Emissions in industrialized countries. We do not explicitly address the link between climate change and population growth.

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