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In the face of mounting global concerns over climate change and the need for sustainable development, Australian businesses are increasingly called upon to reshape their operational blueprint. This shift requires a whole-of-business approach where every department is actively involved.
Unlike traditional business functions like finance and human resources, corporate decarbonization is yet to achieve maturity. Australian businesses find that setting up strategies, implementation plans and managing carbon data often becomes disconnected from their broader objectives.
With corporate decarbonization as an emerging discipline, the internal expertise needed for program development and oversight is not yet fully developed. In our Net Zero Readiness report released this year, which surveyed Australian businesses, it was revealed that 85% of Australian companies mentioned a lack of internal talent/decarbonization specialists was a major barrier to decarbonization initiatives.
