As representatives in Spain of the World Business Council for Sustainable Development (WBCSD), from the Climate Change Cluster initiative, we have once again collaborated in the translation of the latest chapters of the book The Climate Driveensuring that this valuable resource is accessible to the entire Spanish-speaking community.
What is The Climate Drive?
Developed in collaboration with more than 70 companies, The Climate Drive is a platform designed to support the decarbonization of the corporate supply chain by providing two key tools:
- Net-Zero GuideA detailed resource offering step-by-step guidance for the corporate decarbonization process.
- Climate Action LibraryA compilation of more than 100 decarbonization strategies and practical case studies, including feasibility analyses and implementation details.
Contents of the new translated chapters
Chapter 6: Acting beyond the value chain
It addresses how to strengthen the Net-Zero strategy with climate actions external to the value chain through three key areas:
- UnderstandingBeyond Value Chain Actions (BVCA).
- Finance climate initiatives external to the value chain.
- Identify types of actions relevant to your organization.
Chapter 7: Adapting your business strategy to climate change
Focused on business resilience to physical climate risks, establishing a framework based on:
- Implement a continuous process of climate risk analysis.
- Define an adaptation objective and prioritize effective strategies.
- Continually evaluate the performance of adopted adaptation strategies.
A key resource for corporate climate action
The decarbonization of value chains is one of the major strategic challenges for the global business community, requiring a holistic vision that encompasses the entire supply chain and promotes collaboration between key market players. In this context, The Climate Drive is positioned as an essential tool to guide organizations in the transition to climate neutrality, providing a structured approach based on best practices.
At Forética, we continue to promote climate action and facilitate access to key tools for corporate decarbonization. This year, the Climate Change Cluster initiative will focus on Climate Transition Plans, fostering a common understanding among companies on their essential components and the benefits of their development and implementation. A solid transition plan is key to aligning business operations with a low-carbon model and addressing the global challenge of decarbonization. Through experts, interactive dynamics and analytical tools, we will explore corporate climate impact and performance, providing a framework to assess the credibility of these plans and accelerate action towards a more sustainable economy.
