Session 1 - Corporate responsibilities in time of climate change

Question 1

a.) What is sustainable development?

b.) Why does it need to be updated?

Answer 1

a.) Ensuring the same standard of living from one generation to another

b.) Sustainable development needs updating to tackle new challenges, address inequalities, integrate technology, and enhance climate action and the relevance of the SDG goals

Question 2

Why CO2 matters?

Answer 2

CO2 is crucial because it drives global warming by trapping heat in the atmosphere

Carbon dioxide (CO2) - The most emitted GHG
Methane (CH4) - The second most emitted GHG
Nitrous Oxide (N2O) - The third most emitted GHG

(Carbon is already part of the environment equilibrium)

Question 3

What is the carbon budget?

Answer 3

Carbon Budget = Historical emissions + Temperature raise + Temperature goal

The carbon budget is the CO₂ limit to keep global warming below a set temperature, like 1.5°C or 2°C

Question 4

How can we ensure a « true » commitment from companies?

Answer 4

To ensure a true commitment from companies through enforce transparent reporting, strict regulations, and accountability for meeting sustainability goals.

(want to avoid greenwashing)