The Exponential Climate Roadmap was developed in 2018, in advance of the Global Climate Action Summit in San Francisco. It explored how laws to curb carbon emission could be implemented globally across all sectors of the economy, and aimed to provide achievable solutions for governments and businesses to cut their own emissions. The Exponential Roadmap Initiative’s goals are rooted in The Paris Agreement’s evidence that the risk of dangerous climate change can still be accomplished if global emissions of greenhouse gases peak by 2020, halve by 2030, and then halve again by 2040, and 2050. Like other environmental initiative coalitions, the ultimate goal of the Exponential Roadmap is to limit the global impact of climate change by strategizing business models to ensure that global warming stays below 1.5°C compared to pre-industrial levels.
The Exponential Roadmap Initiative works in partnership with the United Nation’s ‘Race to Zero’ campaign, which ‘is a global campaign to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient, zero carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth’ (UN Climate Action, 2021). It also works in cooperation with ‘TED: Countdown’, the which aims to champion and accelerate global solutions to the climate crisis by facilitating ‘turning ideas into action’. Companies which have subscribed tothe initiative include Ikea, Google, Nestle, and Unilever, amongst hundreds of others. Unlike The Climate Pledge, the initiative is aimed at providing sustainable solutions for all companies, from tech giants to small businesses, rather than simply holding globally powerful companies to account for their environmental impact. No matter how big or small your business is, this initiative and its business playbook could be the key to developing the management of your own company for economic and environmental sustainability.
To this end, The Exponential Climate Initiative was a founding partner of the SME Climate Hub, which aims to support small to medium businesses to develop and maintain sustainable business practices in order to be ‘future-proof’. Through this hub since 2020, the UK government has been able to partner with business owners and influential climate groups to facilitate positive change in line with the climate commitments made in the 2016 Paris Agreement. This is similarly based on the 36 solutions presented by the 1.5 °C Business Playbook, which provides a framework of environmental sustainability based on 4 key principles called ‘pillars’. The first step is to reduce the business’s own emissions, andthe second is to reduce the business’s value chain emissions. The third pillar is the integration of climate considerations into wider business strategy, and the fourth is to meaningfully influence climate action in society.
For any UK company, The Exponential Roadmap Initiative, and the achievable climate solutions put forward in its business playbook will be essential to success. Enviro SP Consulting are therefore committed to providing relevant and informed guidance around the input and application of sustainable business strategies to your, in line with aims to halve global emissions by 2030.