How to Keep Fossil Fuels in the Ground, From the Boardroom
“Shareholders have so much power that has been underexploited,” says Brynn O’Brien of the Australasian Centre for Corporate Responsibility on this week’s Zero.
Get on board with cutting emissions, or you might be off of it.
Photographer: Andreas Rentz/Getty Images Europe“It’s kind of perverse, right?”
Brynn O’Brien is talking about the tedious world of tracking companies’ greenhouse gas emissions. While it’s seldom described this way, O’Brien is specifically referring to the contradiction between corporations making big claims in their climate ledgers and facing zero repercussions if their carbon accounting isn't as rigorous as their financial accounting. Emissions, O’Brien says, are “absolutely material financial risk,” and her organization intends to hold companies responsible for them.