Mars' CFO on spending $1 billion to reduce emissions and integrating sustainability into 'the core of the business'
"Forty percent of my variable remuneration is tied to climate actions and reputation," Claus Aagaard says.
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"Forty percent of my variable remuneration is tied to climate actions and reputation," Claus Aagaard says.
The big-picture narratives in the foreground of 28th Conference of the Parties (COP28) of the United Nations Framework Convention on Climate Change (UNFCCC), November 30-December 12 in Dubai, United Arab Emirates (UAE), provide necessary context to the intensively negotiated textual outcomes of COP28.
Research has shown the climate crisis is exacerbating the AMR phenomenon in several ways.
Global emissions of greenhouse gasses are rising, according to an annual accounting by the United Nations. It warns development of new oil, gas and coal is incompatible with meeting climate targets.
The world is on track to reach nearly 3 degrees Celsius of warming this century, double the United Nations’s threshold, even if developed nations meet their current emissions pledges, according to a report the U.N. issued Monday. In its annual Emissions Gap report, the U.N. Environment Program (UNEP) projected that by the end of the century, the…