| Description |
1 online resource |
| Note |
Includes index. |
| Summary |
"Climate change is not only a carbon-centric issue but, at its core, a business model design, business strategy, and long horizon risk management issue. However, the prevailing conversation has grossly underestimated the enormity of the issue and the scale of change and transformation required with both listed public companies and private companies as well. For example, in collaboration with Credit Suisse Holt ℗ʼ, Mark's consultancy, FutureZero, undetook a carbon-shock stress test to over 11,100 global securities. They found that companies with over $20 trillion of enterprise value are at material risk of suffering a significant loss of value because their current business models are not viable in the face of such a carbon shock. In other words, the prevailing conversation has greatly underestimated the systemic risk to the financial markets caused by the need to conform business models to a net zero emissions economy. As a result, most companies are unprepared for the transition. Approximately 32% have increased their greenhouse gas (GHG) emissions over the last 8 years; 25% have had small GHG reduction; and in North America 63% of companies are not aligned with the Paris COP21/26 goals for the world. The world is heading the wrong way, and we need a rocket booster to have the transformation go mainstream."-- Provided by publisher. |
| Bibliography |
Includes bibliographical references and index. |
| Contents |
Cover -- Title Page -- Copyright Page -- Contents -- List of Exhibits -- List of Appendices -- Prologue -- Notes -- Preface -- Introduction: How to Use This Book -- Part I: Setting the Context for Net Zero -- Part II: The Technical Foundations of Net Zero Business Models -- Part III: The Four Pathways to Net Zero -- Part IV: Implementing a Pathway to Net Zero -- Part V Beyond Net Zero: Systems Change -- Notes -- Part I Setting the Context for Net Zero -- Chapter 1 The Net Zero Opportunity -- The Transformational Forces of Net Zero |
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Managing the Transformational Forces of Net Zero in a VUCA World -- What Does "Net Zero" Mean? -- Going Beyond Net Zero -- What Does the Transition to a Net Zero Economy Look Like? -- The Net Zero Opportunity -- Summary: Where to Begin -- Notes -- Part II The Technical Foundations of Net Zero Business Models -- Chapter 2 An Overview of Greenhouse Gas Emissions -- What Are Scope 1, 2, and 3 Emissions? -- Developing a GHG Emissions Data Strategy -- What Are Scope 1 Emissions? -- What Are Scope 2 Emissions? -- What Are Scope 3 Emissions? -- Summary: Getting Started -- Notes |
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Chapter 3 Applying a Carbon Shock Test -- The 20 Trillion Problem -- Some Context for a Carbon Tax -- Scenario Planning for Carbon Taxes -- Summary: Have Good Processes -- Notes -- Chapter 4 Science-Based Emissions-Reduction Targets -- The Four Objectives of the Net Zero Standard -- Generally Accepted GHG Accounting and Reporting Principles -- Five Steps to Set Science-Based Targets -- Science-Based Targets Unique to the Power Sector -- Science-Based Targets Unique to the Forest, Land, and Agriculture (FLAG) Sector -- Updating and Communicating Targets -- The Validation Process |
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Chapter 7 Pathway Two, Option One: Incremental Transformation of the Business Model-Zero-Carbon Products and Services -- Re-engineering with a Focus on Zero-Carbon Products and Services -- Net Zero Transformation Strategies and Transition Plans -- Complete Transformation of the Existing Product and Services Portfolio to Zero Carbon -- Summary -- Notes -- Chapter 8 Pathway Two, Option Two: Complete Transformation of the Business Model -- Complete Transformation of the Business Model -- Characteristics of Pathway Two -- Pathway Two Risk Factors -- Critical Success Factors for Pathway Two Companies |
| Subject |
Environmental economics.
|
|
Sustainable development.
|
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Business enterprises -- Environmental aspects.
|
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Économie de l'environnement. |
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Développement durable. |
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Entreprises -- Aspect de l'environnement. |
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sustainable development. |
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Business enterprises -- Environmental aspects |
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Industrial management -- Environmental aspects |
|
Social responsibility of business |
| Added Author |
Van Clieaf, Mark, author.
|
| Other Form: |
Print version: Montgomery, John B. Net zero business models Hoboken, New Jersey : Wiley, [2023] 9781119895060 (DLC) 2022055474 |
| ISBN |
9781119895077 (epub) |
|
1119895073 |
|
9781119895084 (adobe pdf) |
|
1119895081 |
|
(cloth) |
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