"The UN Secretary-General's message could not be clearer: humanity has overshot the 1.5°C limit - however we still have time to change the course of climate change. The Paris Agreement's temperature goal reflects long-term change over decades, not individual years. What matters now is how fast and decisively we act to bring global temperatures back down and limit the impacts."
"This year's UN Global Compact CEO Study shows that most business leaders know what is required. 88% say that the business case for sustainability is stronger today than five years ago; 96% insist it must be embedded in corporate strategy and 99% plan to maintain or expand their environmental and social commitments. Sustainability is no longer peripheral: 86% of CEOs say it is already integrated into their core operations."
"However, only 50% of CEOs feel confident communicating progress publicly. The challenge is not a lack of belief but rather caution considering the global political context. The world's hottest year on record has made the cost of inaction painfully clear - climate and weather-related disasters caused an estimated USD 391 billion in global economic losses in 2024. Extreme weather is disrupting supply chains, agriculture and finance alike. Every year of delay drives up costs and narrows options."
Humanity has temporarily exceeded the 1.5°C threshold, yet recovery remains possible with rapid and decisive action. The Paris Agreement measures long-term temperature trends over decades, not single years. Recovery hinges largely on business action enabled by governments that set clear, consistent rules and incentives favoring clean energy over fossil fuels. Delivering emissions reductions matters more than making pledges. Corporate indicators show strong intent: most CEOs view sustainability as central and plan to expand commitments, but only half feel confident communicating progress publicly. Rising climate impacts, high economic losses and growing clean-energy investment heighten both urgency and opportunity.
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