Session 5 starts with the speech of a Managing Director explaining his climate strategy, the transformations he implemented in his company and his challenges.
The lecture highlights then major reasons why companies initiate or prevent transformations. Classic tools and frameworks are exposed: Task Force on Climate-Related Financial Disclosures (TCFD), Science Based Targets initiatives (SBTi), Carbon Disclosure Project (CDP), scenarios...
Each tool and framework is analyzed critically with its benefits and limits.
"Dear Shareholders, you have the choice:
either we decarbonize our activity or we pay you dividends..."
"The more you drive, the more you clean air", Toyota.
Just one example out of many... Watch out & develop your critical spirit.
The Taskforce on Climate-related Financial Disclosure (TCFD) provides a framework to analyse the business Risks & Opportunities related to climate change and their financial impacts.
Taiwan provides 63% of the world's chip market, used in smartphones, cars, etc. Chip manufacturing requires a lot of water.
2021 semiconductors global shortage was partly due to droughts in Taiwan after the government asked companies to reduce their water use.
Do not expect it to be either: clean, affordable, abundant, nor us to be energy independent.
