Post by apuroos1453 on Dec 5, 2023 4:51:11 GMT -5
Their non-financial rationale might be to do the morally right thing, satisfy the (environmental, social and governance) interests of investors, instill a sense of pride and commitment in workers, or keep options open in the face of uncertainty. These are legitimate motivations, but they rarely make a solid financial case for a cash investment to predictably produce outsized cash returns. As a result, they drive incremental commitments but fail to drive large-scale action.
Take the steel industry, for example, which currently accounts for approximately 10% of global greenhouse gas emissions. There are various technical approaches to Phone Number decarbonizing steel production, but they are difficult, speculative and costly. As Japan’s Ministry of Economy, Trade and Industry points out in its technology.
Roadmap for the steel industry, replacing existing processes with new ones will require significant capital investment, resulting in significant capital and financial investments. operating costs. About the author Satoru Ikeda is the Chief Sustainable Finance Officer of the Japan Financial Services Agency. Simon Green is the founder of Zero Creative. References, Capitalism, Socialism, and Democracy.
Take the steel industry, for example, which currently accounts for approximately 10% of global greenhouse gas emissions. There are various technical approaches to Phone Number decarbonizing steel production, but they are difficult, speculative and costly. As Japan’s Ministry of Economy, Trade and Industry points out in its technology.
Roadmap for the steel industry, replacing existing processes with new ones will require significant capital investment, resulting in significant capital and financial investments. operating costs. About the author Satoru Ikeda is the Chief Sustainable Finance Officer of the Japan Financial Services Agency. Simon Green is the founder of Zero Creative. References, Capitalism, Socialism, and Democracy.