Carbon Costs are Coming: How Might They Impact Your Business?, Paper360º November/December 2021
In a poll conducted by JP Morgan, 71 percent of global fund managers representing US$12.9 trillion in assets recently stated that they believe the coronavirus pandemic would lead to an increase in actions designed to tackle climate change and bio-diversity losses, which has created focus around ESG and impact investing. Some major brands that have committed to ambitious zero carbon targets (and the year by which they intend to achieve them) include Apple by 2030, Amazon by 2040, Unilever by 2039, Starbucks by 2050, and Nike by 2050.
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