CSO Connect
Trusted by 500k+ CSOs globally
● NOV 14, 2024
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Hey there!
Welcome to your new biweekly business and climate briefing, where we cover everything you’ve ever wanted to know about CSR!
This week’s CSO Connect issue includes a quick rundown on:
👱♂️ Trump II: Climate chaos ahead?
🔢 Behind the numbers: 26.5 million m² of datacenters by 2030
🙃 Greenwashing alert: Uber’s “eco-friendly” bar (nice try)
🏦 Banks’ dirty little secret: The carbon footprint of... well, banks.
Plus, we’ve got the CSO Connection (our curated picks) and, of course, the meme of the day.
Enjoy the read, and don't forget to stay informed about COP 29—it's just around the corner!
Cheers,
The Greenly Team
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Trump II:
Is it game over for the climate?
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« America Deserves Donald Trump. The World Doesn’t.» – Bloomberg sums it up in one sentence. While Trump's re-election could throw the US into political chaos, it could really mess with global climate progress.
During his first term, Trump didn’t just talk the talk—he walked the walk (in the wrong direction):
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- Short-term: : Trump’s win would seriously darken the outlook for COP29, with the US pulling out and China basically calling the shots.
- Long-term: : Trump's agenda? “DRILL, BABY, DRILL” – turning the US into the world’s biggest fossil fuel producer, rolling back Biden’s climate laws (including the Inflation Reduction Act, aiming for a 40% reduction in US emissions by 2030), and likely slashing the EPA and NOAA.
What’s the environmental cost? According to Carbon Brief, Trump’s return could add 4 billion tons of emissions by 2030 and $900 billion in global climate damages. Yikes.
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Big Data = Big Concrete. Data centers are expected to take up 26.5 million m² worldwide by 2030, and that’s not just a space issue.
They’re massive power and water guzzlers—and let’s not forget the carbon-heavy concrete they’re built with, which accounts for around 6% of global greenhouse gas emissions.
Not exactly a climate win.
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Your ressources toolbox 🧰
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- 📊 For consultants : Greenly Pro is this cutting-edge software helps you guide your clients through their sustainable transformation.
- 🧭 CSRD Methodology Guide : This guide provides a clear overview of the CSRD framework, including its requirements for assessing environmental, social, and governance impacts.
- 🌍 Navigating CSRD Compliance : Attend this Webinar and Gain insights from Sia Partners' CSRD experts: Judy Sandford and Urvashi Kaul.
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Phony quote of the day
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“Our carbon-neutral bar features innovative tech, like floors that turn footsteps into electricity and bikes that generate power while you sip beer.”
Uber, about their pub 55k Tonnes
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Uber’s latest stunt? A "green bar" to show off its eco cred and its 'eco-friendly' dreams.
While they’re serving up carbon-neutral beers and letting customers generate electricity by walking around, it feels a bit… daisy-picking (literally and figuratively).
Because let’s face it: Uber’s actual environmental footprint doesn’t seem to have changed much.
Classic greenwashing, anyone?
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Did you know that the 6 biggest banks in France have a carbon footprint that’s 8 times the country’s total GHG emissions?
Yikes. And it's not just their operations; it’s the fossil fuel financing that really adds up.
The good news? Some banks are starting to make moves towards sustainable finance.
23 countries have joined the Net Zero Banking Alliance, promising to align their investments with a goal of net zero emissions by 2050.
We’ve got all the details right here if you want to dig deeper.
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Events you can’t miss!
- COP 29 in Baku (Azerbaijan), November 11-22, 2024
- Extreme Hangout (COP 29) Baku, (Azerbaijan), November 12-22, 2024
- Young Activists Summit, Geneva, November 11-16, 2024
- Pollutec Paris, November 26-27, 2024
- Climate Technology Show, London, November 27-28, 2024
- UNCCD Conference of Parties 16th session, Riyadh, Saudi Arabia, 2-13 December
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We're counting on you!
Tell us what you thought about this edition. We always welcome your feedback, suggestions, critics, questions… See you soon !
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