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The Intergovernmental Panel on Climate Change (IPCC) is an international body that analyses scientific information about climate change. It plays a crucial role in guiding global efforts towards sustainability.
The role of the IPCC is to assess on a comprehensive, objective, open and transparent basis the scientific, technical and socio-economic information relevant to understanding the scientific basis of the risk of human-induced climate change, its potential impacts and options for adaptation and mitigation.
The IPCC does not conduct its own research, instead, it reviews and assesses the most recent scientific, technical, and socio-economic information produced worldwide.
IPCC Assessment Reports
The Assessment Reports are its most important contributions. These reports provide a comprehensive overview of the current state of knowledge about the science of climate change, its impacts on human and natural systems, and how humanity can respond to it.
These reports are instrumental for businesses as they provide a clear picture of the environmental challenges that lie ahead. They can guide businesses in reshaping their strategies to mitigate their environmental impact and adapt to the changing climate.
The IPCC finalized the Synthesis Report for the Sixth Assessment Report during the Panel’s 58th Session held in Interlaken, Switzerland from 13 – 19 March 2023.
The IPCC’s work is closely tied to policymaking. The panel’s findings provide a scientific basis for governments at all levels to develop climate-related policies, and they play a key role in international climate change negotiations.
For businesses, understanding the IPCC’s work can help them align their sustainability goals with global efforts. It can guide them in implementing practices that not only reduce their environmental footprint but also make them more resilient to the impacts of climate change.
IPCC’s role in business sustainability
The IPCC’s scientific assessments can serve as a valuable guide for businesses seeking to enhance their sustainability efforts. They clearly outline the risks and opportunities associated with climate change.
Businesses use this information to assess risks such as:
Liability risks (e.g., legal actions related to climate impacts).
By aligning their sustainability strategies with the assessment findings, businesses can ensure that their efforts are scientifically sound and contribute to global climate goals. They can also enhance their credibility and reputation as responsible corporate citizens.
