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Search resuls for: "Jennifer Steinmann"


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The path to financing the world's transition to green energy remains unclear. Financing the green energy transition is a trillion-dollar question. AdvertisementThe Deloitte Financing the Green Energy Transition report outlines some core financial levers, starting with a fundamental financial principle: the riskier the project, the higher the cost of capital. The report estimates that getting this right could ultimately reduce financing costs by around $50 trillion by 2050. So, what are the associated risks, and what steps can we take to mitigate them and, consequently, reduce financing costs?
Persons: Jennifer Steinmann, Pradeep Philip Organizations: Service, Deloitte Global Sustainability, Economics Locations: Dubai
Today's business leaders are embracing circularity to better engage in sustainability and climate action. Leaders in climate justice advocacy, business, and fashion will discuss the future of sustainable practices inside and outside the business world. On April 18, 2023, Insider is hosting "For a Better Future: Bridging Culture, Business, and Climate," a free virtual event at noon ET featuring speakers from Deloitte and Junk Kouture. Insider's virtual event, "For a Better Future: Bridging Culture, Business, and Climate," presented by Deloitte, takes place on Tuesday, April 18, 2023, at noon ET. This multi-session virtual conference will focus on how empowerment and circularity inspire climate action beyond the world of business.
If we take decisive climate action now, there is potential to add $43 trillion in net present value to the global economy by 2070. Not only could un-checked climate change lead to significant damage on an environmental and human scale, but it would also be detrimental to the global economy. The Deloitte Economics Institute's recently released Global Turning Point report finds that unchecked climate change could create $178 trillion in global economic losses (in present value terms) between now and 2070. The Deloitte Economics Institute analysis reveals economic growth and opportunities through the new jobs, industries, and innovations that could lie ahead in the next 50 years if we take swift and substantive global climate action. How the transformation looks and unfolds will vary by region, but the Deloitte Economics Institute's modeling shows that nearly every country and sector would gain through swift decarbonization and climate action.
Companies that want to meet their environmental and social goals need strong governance to do it. Good governance can help companies narrow the gap between their ESG goals and their performance. Improving governance measures can help companies close the gaps between their stated goals around environmental, social, and governance performance and what they're accomplishing, said Jennifer Steinmann, global sustainability and climate practice leader at Deloitte. Caroline Roan, chief sustainability officer at Pfizer, said good governance does more than show whether a company is abiding by its commitments. "That would really help organizations."
Effective corporate governance requires dedicated focus and financial support to build long-term value. On June 14, 2022, Insider is hosting "Financing a Sustainable Future: Advancing Effective Corporate Governance," a free virtual event at noon ET, featuring speakers from Bank of America, Deloitte, and Pfizer. In understanding and prioritizing non-financial determinants of sustainable governance, business leaders and investors can develop value growth and ethical behavior while lowering risk. It will include live conversations with Insider editors, sustainable finance experts, business leaders, and ESG professionals. As public companies continue to adapt and refine their governance practices, this virtual hour-long bootcamp provides a platform for sustainable finance experts, business leaders, and ESG professionals to discuss the purposeful approach of ESG-driven governance.
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