The Road to COP27 SEC Newgate UK Green & Good
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
The Road to COP27 SEC Newgate UK Green & Good
2 THE ROAD TO COP27 SEC Newgate UK Green & Good SEC Newgate UK Green & Good THE ROAD TO COP27 3
Transitioning to a Key agenda items for the
SEC Newgate UK has in-depth
knowledge of the key issues and
expertise in policy areas such as
Conference in November
Net Zero economy
climate finance regulation, the
renewable energy sector, electric
vehicles and the infrastructure
network they require. 2022 will include:
Expectations for what constitutes ‘good’ Developing a viable carbon
offset market, implementing ESG - Emissions: What Nationally Determined Contributions
business have changed forever. Profit matters
reporting standards and (NDCs) are countries going to commit to in order to cut
understanding how concepts such their carbon emissions and limit global warming to 1.5C?
as Scope 3 emissions and embodied
but so does social and environmental carbon can best be understood are
just some of the many issues to be
- Carbon trading: Can agreement be reached on developing
carbon trading (and voluntary carbon markets) on the back
impact and purpose. Organisations are faced in the next 12 months. of the Paris Rulebook agreement struck at COP26? These
set a framework for creating a global carbon pricing and
trading agreement that allows countries with large forests
expected to deliver for all stakeholders,
The challenges facing the
delegates at COP27 involve and natural resources to get paid for preserving these as
business at every level. It’s a critical carbon sinks and sources of biodiversity by those countries
not just investors and owners. moment to engage fully with this
high-profile agenda. The
that emit higher levels of carbon.
SEC Newgate ESG Monitor global - Just transition: How do we secure a just transition to a
report has shown public opinion net zero economy that sees the G20 providing the
demands it. long-promised $100 billion a year aid package to
It’s the most important public developing countries to help them achieve economic
debate of our times. 2022 will be a Shareholder activism, litigation and growth using sustainable technologies?
transformational year for the divestment campaigns are evident
responsibility of business to the and growing pressures. - Carbon offsetting: What further progress will be made
environment, with a number of key Understanding how government in setting global standards for carbon offsetting as a
events and milestones that present policy is being shaped has never transition to full decarbonisation and a solution for hard
opportunity and challenges for the been more important. to abate emissions and sectors?
corporate and financial world.
- Ending coal power: How do we accelerate the agreement
Why? Because COP26 (the UN reached to ‘scale-down’ coal use and accelerate the switch
Climate Change Convention that to renewables?
took place in Glasgow in
November 2021) achieved more - Green finance: What role will business and finance play
than it has generally received credit in funding and delivering solutions that help achieve a
for and set in place an agenda for net zero future, on the back of the landmark agreement
COP27 which requires business and achieved by GFANZ at COP26 which saw $130 trillion
the global economy to decarbonise committed to investing in projects that will deliver the
faster and transition to net zero. net zero transition?
These and other issues around setting
global agreements on carbon reduction and
environmental preservation will all take the
attention of delegates at COP27.
SEC Newgate UK Green & Good THE ROAD TO COP27 5
What will
COP27 and
2022 mean
for business?
Glasgow was seen as the ‘business COP’; the Greenwash is once again the reputational
COP27 will also be ‘Africa’s COP’
point at which diplomats stopped arguing about bogeyman and business will be expected to
climate science (and what constitutes ‘dangerous’ deliver beyond the minimum standards of ESG
so we can expect renewed
levels of global warming) and started looking at reporting and compliance, and demonstrate that
solutions to transition the world to net zero. it can make a serious contribution to making the
pressure on the G20 nations
world a more sustainable, equitable and fair place
For business, COP27 will be an opportunity to for all its citizens.
(which account for around 80%
capitalise on the huge transformation in its role
and reputation that was achieved at COP26. It will also be expected to have credible plans to
of carbon emissions) from African
decarbonise operations and supply chains to align
The role of business and finance to lead the net with Paris Agreement goals of 1.5C global
countries and others which face
zero transition was widely regarded as critical to warming and to have plans to enhance nature
the success of the Glasgow Conference. Business and biodiversity through its operations and
the most extreme impacts from
is now seen as having solutions to tackling climate impact plans.
change and keeping ‘1.5 alive’ rather than being
climate change yet have done the
largely perceived as a cause of the global As we look at the road to COP27, the key
warming crisis. milestones provide an opportunity for business to
least to create the conditions for
engage and influence the debate, but they also
Among the greatest successes was the GFANZ provide an inflexion point for renewed corporate
it. Russia and China (which did
(Glasgow Financial Alliance for Net Zero) pledge scrutiny and criticism.
to fund $130 trillion in net zero transition projects,
not send leadership delegations
providing a ‘wall of money’ that GFANZ Chair As a final thought, COP27 is already attracting
(Mark Carney) has said will be enough to finance some controversy with questions arising around
to Glasgow) are also likely to be
the delivery of net zero by 2050 targets. freedom to protest and whether the Egyptian
authorities will allow the global activist gatherings
more engaged with COP27 given
Yet 2022 will also bring challenges. Many that we saw at COP26.
businesses will face renewed scrutiny from
the geopolitical importance of
activists, NGOs, governments, consumers and If they do not then the protests will still take place, in
business partners based on the pledges they other cities, online and through direct action targeting
Africa to both.
make and the impact delivered. organisations (particularly businesses) that are
perceived to be part of the problem.
6 THE ROAD TO COP27 SEC Newgate UK Green & Good SEC Newgate UK Green & Good THE ROAD TO COP27 7 The Road to COP27: Key milestones Covid restrictions have forced the rescheduling of some key global events (notably the World Economic Forum’s Davos meeting which has been moved from January 2022 to ‘early summer’ – date to be confirmed). This gives some breathing space to consider how and where to engage, but not a lot. The agenda for change set at COP26 will continue to ramp up and the UK retains its Presidency of COP26 until the Egypt Conference opens. Alok Sharma (COP26 President) has already made it clear that his mission in the remaining 11 months will be to persuade countries to come to COP27 with far more ambitious targets for carbon reduction that allow the 1.5C target to be achieved. Delivering that will fall heavily on companies and consumers. Talk is cheap, the world is now expecting action and transparent, measurable plans from businesses.
8 THE ROAD TO COP27 SEC Newgate UK Green & Good SEC Newgate UK Green & Good THE ROAD TO COP27 9
Key events on the road to COP27:
February 2022 June 2022 25th June–3rd July, London July 2022 November 2022
World Economic Forum
Climate Action Week: This will
IPCC Climate Assessment DAVOS meeting: 1st June, CITES COP19 (Costa 5th–15th July 2022, High-level 7th–18th November 2022,
be a focal point for discussions
Report: This will provide an Rescheduled from January Rica): 19th meeting of the COP Political Forum on Sustainable COP27, Sharm El-Sheikh (Egypt):
around the UK’s role in driving
update (based on analysis from is now set to take place in to the Convention on the Development (HLPF) 2022: Global leaders will gather in the
the net zero transition and also
the world’s leading climate ‘early summer’ with COP27 International Trade in Tenth session of the HLPF (UN’s opening days with the first
a likely draw for climate activists
change scientists) on the impact and the net zero transition Endangered Species of Wild sustainable development forum) week likely to see a focus for
and protests. Will see around
that the existing carbon a key agenda point. Fauna and Flora. With the will review the Sustainable announcements and corporate
250 events with climate
reduction commitments are previous CITES COP18 revising professionals and communities Development Goals with activity. Week two will see the
making on efforts to limit global trade rules for dozens of looking at new solutions participation from UN member diplomatic hard-yards as the
warming to 1.5C. The analysis March, IUCN Africa Protected threatened wildlife species, this to tackle the climate crisis. states and civil society Egyptian hosts seek to get
will provide renewed focus and Areas Congress (APAC), year’s CITES COP19 will likely organisations. agreement on emissions
urgency for the net zero. (Rwanda): The first ever review such lists and consider 26th–28th June, G7 Leaders’ reductions that deliver the Paris
continent-wide gathering of amendments to encourage the Summit (Germany): Climate Agreement of limiting global
African leaders, citizens, and progression of conservation change will be a key pillar of the September 2022 warming to 1.5C.
March 2022 interest groups to discuss the efforts. discussions alongside
role of protected areas in strengthening multilateralism 13th–27th September 2022,
3rd March, UN World Wildlife 2nd–3rd June, Stockholm+50:
conserving nature, safeguarding and democratic resilience. As the 77th: Session of UN General
Day: Focused on promoting The UN General Assembly’s Q4: Announcements
Africa’s iconic wildlife, delivering new G7 chair, Germany plans to Assembly: The key issues that
biodiversity and protecting two-day international meeting, expected around
vital life-supporting ecosystem “greatly expand” G7’s mission to will be discussed in this
endangered wildlife and Stockholm+50, will mark the mandatory net zero
services, promoting sustainable climate change mitigation, session are yet to be announced,
habitats. Will likely build on 50th anniversary since the UN transition plans for UK
development while conserving placing importance upon energy although green issues and
COP26 discussions around Conference on the Human businesses to come into
Africa’s cultural heritage and and climate partnerships. Will solutions are likely to feature at
biodiversity and nature-based Environment. It will focus on effect in 2023. All listed
traditions. Will provide an give insights into the position the top of the agenda.
solutions to global warming. ways to ensure a ‘healthy businesses are likely to
Africa-wide gathering ahead of planet for the prosperity of all’ and progress likely to be seen
TBC late September 2022, have to report net zero
the Egypt COP27 meeting. and looks likely to pick up from at COP27 from the world’s
March, TCFD: Premium listed Climate Week NYC 2022: transition plans for scrutiny
companies in the UK will be Davos and COP15 in taking leading economies.
This annual event provides an by investors, activists and
required on a ‘comply or explain’ forward some of the agenda other stakeholders and
April 2022 opportunity for businesses and
basis for 2021 results (so March points that will frame COP27. observers.
organisations to showcase
will be the first reporting leading climate action.
25th April, COP15 – Biodiversity 5th June, World Environment
season using TCFD as a
summit: The summit is Day: The theme will be “Only
mandatory standard).
expected to address targets on One Earth” mirroring the motto
plastic pollution, pesticide use of the Stockholm Conference
IPCC socio economic climate
and harmful subsidies. 50 years ago and promoting the
pathways report: This follow-up
However, although already need for humans to live
report will examine how these
postponed three times harmoniously with nature.
pathways would influence the
previously, Omicron could Coming on the back of the
climate.
threaten the April summit again Stockholm+50 conference, it is
with rumours of a further delay. likely to be a focus for climate
23rd March, World
Meteorological Day: The Ocean activism as attention starts
will be the focus of this year’s building towards COP27.
World Meteorological Day. The
Ocean transports 90% of the 8th June, World Oceans Day:
world’s trade, and sea-bound focuses on raising awareness
economic activity is forecast to of overfishing, and creating
increase rapidly, therefore there actionable outcomes to support
will be a focus on progressing sustainable fishing and ocean
ocean research to continue conservation.
economic activity sustainably.
10 THE ROAD TO COP27 SEC Newgate UK Green & Good SEC Newgate UK Green & Good THE ROAD TO COP27 11
Supporting your goals
SEC Newgate UK Green & Good is working with clients
in the lead up to COP27 and during the Conference to
deliver programmes including the following elements:
Digital
communications:
1
Digital campaigns that could
include audience targeting;
Integrated
communications:
Integrated communications
strategy and delivery
Advocacy
programme:
Public affairs engagement
and strategic advice in the
Brand
protection:
Reputation management
advice around an event that
Event
management:
Support on the
development of virtual
geolocation ads; support including strategy and run up to COP27 including will bring heightened events and meetings
running digital campaigns; messaging development; advice on engaging with UK scrutiny and activist before and during the
or development of virtual content creation; thought delegates. activity around COP27 conference,
fringe events and thought leadership and media and environmental issues. including all supporting
leadership. stakeholder relations to communications, content
position organisations and production and media
brands effectively relations.
around COP27.
SEC Newgate UK Green & Good
SEC Newgate UK’s Green & Good team
works with organisations to define,
articulate and communicate their
environmental and social purpose.
Andrew Adie
We help organisations to interact with all
the stakeholders (internal, commercial,
political, consumer and activist) that
surround them in order to build trust and
secure buy-in for strategies that deliver
purpose as well as profit and which will
Imogen Shaw Dafydd Rees Tom Flynn Amelia Beale
help the transition to a net zero world.
We work with business and other
organisations to set strategy, build
messages and create and target content
at specific audience groups through
media and social channels and through
Elisabeth Cowell Valeria Orezzi Sophie Morello Gareth Jones
direct engagement, advocacy
and events.
If you’d like to discuss the challenges and
opportunities that lie ahead for business
in the transition to net zero and during
Polly Warrack Tim Le Couilliard Alistair Kellie Ian Morris
the year ahead, please do contact us:
The team Andrew Adie
Head of SEC Newgate UK Green & Good
andrew.adie@secnewgate.co.uk
07970 256 512 secnewgate.co.uk
Greg Rosen Devi Shanton
COPYRIGHT
The document and the material contained in it is the property of SEC Newgate UK and is given to you on the understanding that such material
and the ideas, concepts and proposals expressed in it are the intellectual property of SEC Newgate UK and protected by copyright. It is
understood that you may not use this material or any part of it for any part of it for any reason unless we have entered into a further agreement
for its use. The document is provided to you in confidence and on the understanding it is not disclosed to anyone other than
those of your employees who need to evaluate it.
You can also read
