Monday, 13 May 2019

Whilst AI is failing on CO2 emissions, other companies now promise dramatic cuts

Aggregate Industries' record on cutting CO2 would be laughable, if our bioclimatic crisis wasn’t so serious.


Of course, it’s not just AI that should be ashamed of its climate record. In 2018, the government’s official climate change adviser criticised the UK housebuilding industry, saying the "the industry should be ashamed of itself".


A majority of voters would now support radical action to slash greenhouse gases, a new poll has found.


Why should the UK act? As the birthplace of the industrial revolution, the UK has large historical emissions, and – if global CO2 emissions are allocated using per capita calculations – is more responsible for global warming than any other country. As the chair of the CCC recently warned:

In the last few days, some companies have been shaken into making promises to slash emissions. Bosch says it will be carbon-neutral by 2020, and even one company in the construction sector: BAM – a Dutch construction-services business – has committed to halving emissions by 2030:
Royal BAM Group group director of sustainability Nitesh Magdani said: "This medium-term CO2 reduction target will influence BAM to drive innovative solutions for our own operations as well as products and services which we provide to others. This target supports our efforts to reduce CO2 emissions in our business and through our value chain, and paves the way to meeting our strategic target for a net positive impact by 2050. We hope this motivates others as well to achieve the level of impact needed. We can only do this together!"


Unless they want to be seen as pariahs, risking reputational damage and losing their social licence to operate, companies may have little choice but to change. John McDonnell has threatened that a UK Labour government would delist companies from the London Stock Exchange that don’t do enough to tackle climate change, saying his plans were about:
weeding out those that are not taking it seriously.
We’ve got to signal now that we’re being serious about tackling climate change. And we’re going to use every lever of government we possibly can to enable that to happen.
There is new urgency to the public discourse – both in the UK and overseas. Some would say we’re at the dawn of a new era – a frightening new era that will see our very existence under threat. Business as usual is not an option, if we want to survive. A low-carbon future is the only direction we have.

What future will there be for the polluters – Aggregate Industries and parent LafargeHolcim among them – in this new era, where the spotlight of attention will increasingly shine on CO2 emissions and the actions companies are taking – or not taking – to cut them, where companies will be increasingly judged – financially and morally – on their environmental performance, where the huge ethical issues of climate justice and climate equity will increasingly dominate?