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While publicly traded companies often dominate the headlines, private companies are a much larger part of the globaleconomy. Reaching net-zero as we grow remains vital. The company aims to achieve net-zero emissions by 2050, in line with the Paris Agreement, largely by helping its customers switch to electric vehicles.
10 These ecosystems are worth US$ 375 billion per year to the globaleconomy, from industries and services including fishing, food, pharmaceuticals and tourism. 14 It means that investment in blue ecosystems is underrepresented, despite the critical role they have in climate mitigation and their importance to the globaleconomy.
Originally published in Bloomberg's 2023 Impact Report Structural and systemic shifts accompanying climate change, such as resource scarcity, new technologies and regulations, pose business risks and offer opportunities to issuers and investors globally.
Nearly half the globaleconomy is aiming to be net-zero by 2050. As our world is challenged by climate change, pollution and population growth, the demands of power management are increasing and changing fast.
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