Sustainability & Organizations Institute
S&O Institute Academic Year kick off Lunch Seminar
10 Sep
2024
12:00 pm - 2:00 pm
Jouy-en-Josas
English
In-class
Participate
"The alignment of companies' sustainability behavior and emissions with global climate targets"
For the opening of its academic year, the S&O Institute has the great honor of welcoming Maurizio Zollo and his team from the Leonardo Centre on Business for Society at Imperial College.
Filippo Pellegrino Matteo Burato
Agenda
- Updates on S&O Institute news and activities for the upcoming academic year
- Paper presentation by Maurizio Zollo, Professor of Strategy & Sustainability at Imperial College Business School & Scientific Director of the Leonardo Centre on Business for Society: “The alignment of companies' sustainability behavior and emissions with global climate target” (abstract provided below).
- Presentation of the Leonardo Centre on Business for Society by the team members: Maurizio Zollo, Livio Scalvini, Filippo Pellegrino and Matteo Burato
Title: The alignment of companies' sustainability behavior and emissions with global climate targets
Speaker: Maurizio Zollo
Abstract: Climate actions by the private sector are crucial to cutting global emissions and meeting the climate targets set by the Paris Agreement. However, despite an increasing number of climate pledges, the emissions pathways of most companies are still misaligned with the Paris targets. To identify the causes of this discrepancy between effort and outcome, we developed a systematic approach, based on extensive analyses of textual data, to track the actions implemented by major public corporations to reduce their emissions. Our findings suggest that the misalignment between companies’ climate goals, actions, and outcomes is due to a widespread over-investment in risk mitigation actions as opposed to innovation and cooperation activities to foster energy goals. Overall, we provide a systematic framework to track companies’ climate actions. Our approach can be used by investors and policymakers to redirect capital towards its most sustainable use and to design behaviourally founded climate policy interventions.
For additional information, please contact Iiris Sacchet: sacchet@hec.fr