Deloitte report: Improved financing could save US$50 trillion as the world decarbonizes

Deloitte’s Financing the Green Energy Transition report found that new cost-reducing finance instruments can help de-risk green projects in developing economies while making investing in these projects more attractive, helping to fuel a global just energy transition. Achieving net-zero greenhouse gas emissions by 2050 will require an annual global investment in the energy sector ranging from US$5 trillion to US$7 trillion. However, the world currently invests less than US$2 trillion each year into the transition, which is far short of the financing needed to help put the world on course…

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Financial barriers are preventing climate-conscious individuals from taking action, new Deloitte report shows

Although more than two-thirds of people view climate change as an emergency, many are struggling to incorporate sustainability into their personal, professional, and political actions, according to Deloitte’s new study “Economic uncertainty puts pressure on sustainable behavior change,” released this week. Notably, those who self-identify as higher income are more likely to engage in sustainable activities such as buying sustainable goods, looking for a job with a more sustainable employer, and communicating with government officials about climate change, among other actions. Deloitte’s new report synthesized responses to several surveys conducted…

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McLaren Racing and Deloitte to prioritize sustainability in latest multi-year collaboration

McLaren Racing has announced a multi-year extension to its partnership with Deloitte, continuing as the Official Transformation Partner of the McLaren Formula 1 Team from the 2023 season. Since 2020, Deloitte and McLaren have been working closely to help enhance the performance of the McLaren F1 team and its operations, which includes capturing and analyzing data to optimize car performance and applying digital twin simulation to help inform race day decision-making. Deloitte will help to further embed circularity, the concept of eliminating waste and maximizing resources through reuse and recycling,…

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Deloitte’s Women @ Work report reveals signs of progress, but much work remains to improve women’s experiences in the workplace

Now in its third year, Deloitte’s Women @ Work: A Global Outlook, a survey of 5,000 women across 10 countries, finds some signs of progress for women in the workplace: during the survey period, rates of burnout dropped, non-inclusive behaviors declined, and hybrid work experiences improved. But these issues are still a challenge for many, and other factors have worsened since last year. There has been a significant decline in the number of respondents who feel comfortable talking about mental health in the workplace. Fewer women feel they get adequate…

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Deloitte launches GreenLight Solution, an end-to-end decarbonization software tool that helps unlock a clear, actionable path to net-zero emissions

Deloitte has announced the launch of GreenLight Solution by Deloitte, an enterprise decarbonization Software as a Service (SaaS) solution composed of a modular system of tools that helps empower organizations to take action at every stage of their decarbonization journey.    Paired with Deloitte’s decades of sustainability and climate client service experience, GreenLight Solution helps organizations unlock a clear, optimized, actionable decarbonization roadmap that can be integrated into their broader business strategy and existing technologies.   “Many business leaders around the world are feeling the impacts of climate change on their…

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