Climate change is now a matter of fact. Numerous pieces of data support the claim that human impact is having an unquestionable impact on this negative process. However, we have the tools, and we have the opportunity to reverse these effects – we just need to prepare for this serious fight. That is according to Prof. Mark Maslin who spoke through an internet link at the BCSDH Business Breakfast and Forum in Budapest, focusing on the now-launched Time to Transform 2030 program, which aims for system-wide change.
In his introductory remarks, the President of the Hungarian Business Council for Sustainable Development in Hungary (BCSDH) Attila Chikán Jr. emphasized that “now is the time to act. The pace and extent of change so far is less than expected. We still have a tight time window for the fundamental and immediate transformation of our systems, with companies playing a leading role. Science has made it clear what needs to be done; economic actors need to take the necessary steps to do it. Transformation requires a change of approach that fundamentally changes the way business leaders view the short and long term. That's what our Time to Transform 2030 program is all about.”
The world is facing three critical challenges: a climate emergency, the loss of natural diversity, and growing social inequality. The global average temperature is already around 1.2°C above pre-industrial levels, 68% of wildlife has already been lost, the richest 1% of society own 44% of global wealth, and the poorest 50% barely 2%.
“Climate data is disappointing, but no matter how bad the environment is, [the situation] can be reversed and we have all the tools at hand. These changes must start from bringing individuals together. Small deeds, when multiplied by millions of people, can change the world. But it is a life-and-death struggle for our planet with ourselves for ourselves. Individuals, governments and companies need to work together. In addition to accelerating the process by innovating and transforming their own activities, businesses need to help change individuals, change consumer habits, [and] help them to play a role in the fight against climate change, to support local communities, and create platforms,” Professor Mark Maslin explained.
According to preliminary data from the ongoing BCSDH Corporate Maturity Survey, the respondent organizations intend to increase their commitment to net-zero greenhouse gas emissions and biodiversity by 2025. At the same time, for most of them sustainability indicators are incorporated into management to a lesser extent than the development of this vision – i.e., economic considerations still often override sustainability needs.
As the host of the event, Legrand Plc. CEO. László Károlyi pointed out, “it’s time to do more than just talk about sustainability, carbon neutrality. This is our last chance not to have to suffer the harshest effects of climate change. It is not easy for a company to operate profitably and sustainably at the same time. In the short run, these solutions may be more expensive, but in the long run, these transformations will make companies more resilient and competitive. The goal is to preserve the Earth for future generations, and that can only be succeed together, bringing together consumers, business leaders and government decision-makers.”-
When presenting the new Time to Transform 2030 program, BCSDH Managing Director Irén Márta said that “the goals of our vision are still achievable. But the next eight years are critical, and every single day counts. This decade of BCSDH is defined by the Time to Transform 2030 program, which builds on the results of Action 2020. The three key elements of the program are the nine Paths and the Action Plan to 2050, the high level of commitment of our members, and the maximum transparency that embraces them.”
The business breakfast was followed by the Time to Transform 2030 Professional Forum, the primary aim of which is to initiate joint thinking and define the domestic goals associated with the nine paths of the new program.
Leave a Reply Cancel reply
Top 5 Articles
- Sharing Business Experience December 10, 2022
- Hungarian Inflation Rate - the Highest in Europe December 16, 2022
- Another Korean Battery Supplier Appears in Hungary November 17, 2022
- In Strategic Partnership with the Client January 2, 2023
- Mobility is Electric for ŠKODA December 6, 2022
Articles by Date
- ► 2023 (328)
- ► 2022 (1249)
- ► 2021 (941)
- ► 2020 (899)
- ► 2019 (237)
- ► 2018 (161)
- ► 2017 (310)
- ► 2016 (279)
- ► 2015 (324)
- ► 2014 (229)
- ► 2013 (233)
- ► 2012 (250)
- ► 2011 (303)
- ► 2010 (167)
- ► 2009 (43)
- ► 2008 (3)
No comment yet. Be the first!