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In collaboration with Boston Consulting Group and SAP
Accelerating Asia’s Advantage:
A Guide to Corporate Climate Action
W H I T E P A P E R
A P R I L 2 0 23
Images: Getty Images, Unsplash
Contents
Foreword 3
Executive summary 4
The battle for net zero will be won or lost in Asia 5
Asia represents the world’s biggest opportunity 7
for positive climate results
The current response to the climate challenge is inadequate 7
Change won’t be easy as key challenges remain at both
regional and corporate levels 8
Asia has much to lose in a climate emergency 10
It’s time to adapt to what’s to come and mitigate its effects 11
Adapting to a warmer world 11
Mitigating the rate of change 13
A single approach will yield great opportunities 13
Energizing a just transition 15
The corporate climate framework 20
What to do first: immediate actions 21
What good looks like: Zuellig Pharma drives impact through 22
transparent targets
Enabling transformation in the medium term 24
What good looks like: City Developments Limited invests
to address emissions across the value chain 26
Unlocking new growth 27
What good looks like: Olam combines digital transformation 28
and climate action
Follow your ambitions with committed actions 30
Contributors 31
Endnotes 32
Disclaimer
This document is published by the World Economic Forum as a contribution to a project, insight area or interaction. The findings, interpretations and conclusions expressed herein are a result of a collaborative process facilitated and endorsed by the World Economic Forum but whose results do not necessarily represent the views of the World Economic Forum, nor the entirety of its Members, Partners or other stakeholders.
? 2023 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system.
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