As the UK readies to host the 26th UN Climate Summit (COP26) in Glasgow, companies are jostling to showcase their green credentials. Once this might have been dismissed as opportunistic greenwash but, after a year of apocalyptic wildfires, droughts and floods, there’s a growing sense of urgency that words must be matched by real action in order to decarbonise our world.
Carbon-intensive industries, such as oil and gas, mining, shipping and transportation, find themselves on the frontline of the climate emergency and must act now to reposition for a Net Zero world. For these businesses, the energy transition is a potentially existential threat and survival will require decisive leadership in the face of unprecedented disruption, uncertainty and ambiguity. This is a huge ask of typically risk-averse industries and will require an appetite among the senior leaders to innovate, disrupt and make bold bets. The hiring decisions made now could well prove make-or-break and we urge companies to act now to secure the talent needed to navigate the challenges ahead.