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Service Line: Climate Strategy

The “measure, reduce, report” approach is not working.

Companies using it are:

You're going to need a real plan.

30 minute call → Complimentary review of your climate strategyNo call required

Resilience.Impact.TCFD.CSRD.

The “Measure, reduce, report” approach is failing broadly and is not a strategy

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Financial Times

“In 2024, hundreds of companies including Microsoft, Unilever and JBS had their ‘1.5 degree aligned’ status removed.”

Companies take step back from making climate target promises

Many companies are failing to meet their targets.
Source: Financial Times
Integrity of corporate climate strategies
High
0%
Reasonable
4%
Moderate
12%
Low
40%
Very low
44%
Of the major corporate climate strategies assessed, not one was rated high integrity.
Source: NewClimate Institute, Corporate Climate Responsibility Monitor
Annual global CO₂ emissions
196019902024
Half of historical CO₂ emissions have occurred in the 30 years since companies began taking organized climate action.

A strong climate strategy should answer three questions

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1

How will the decarbonization affect our profitability?

2

What will our business look like in a world affected by climate change?

3

What's the most we can do to speed up the energy transition?

Who you work with

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KN
Lead consultant

Keith Nelson

New Day Climate
LinkedIn
MR
Subject matter expert

Mike Rosenberg

IESE Business School
LinkedIn

Methodology

How companies can do better: a methodology for maximizing your impact

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1
Your power to create changeBusiness Strategy in the Context of Climate Change
What is our biggest lever on climate change?
Output
  • Level of ambition
  • Vision of the specific outcome you are trying to produce
2
Your objectiveTransition Strategy and Positive Social Tipping Points
What is blocking decarbonization of our sector?
Output
  • Clarity on what is blocking decarbonization of our sector
  • Identification of sensitive intervention points
3
Your planTheory of Change
What are the safe, smart, logical steps to change that?
Output
  • Theory of change
  • Action Plan
See the full methodologyHide the full methodology

1 · Business Strategy in the Context of Climate Change

Climate risks & ScenariosThe low carbon economyBusiness Strategy & Level of Ambition
Activities
  • Analyze context: Climate risks, low carbon economy
  • Align business Strategy: PESTLE, SWOT, 5 Forces, competition
  • Build Impact Strategy: Sustainability, value, Ambition

2 · Transition Strategy and Positive Social Tipping Points

Politics of the energy transitionTransition Strategies & TacticsSector AnalysisSocial Tipping Points
Activities
  • Review energy transition politics, climate strategies & tactics
  • Analyze value chain, GHG management tools
  • Target positive social and technological tipping points

3 · Theory of Change

Theory of changeScenario analysisConsolidation of strategyFormatting as a transition plan
Activities
  • Plan actions, test assumptions
  • Consolidate and validate strategy
  • Use strategy to drive CO₂ reduction & climate transition plans

Develop a strategy that is practical, makes sense, and positions you to have a real impact.

30 minute call → Complimentary review of your climate strategyNo call required