Climate Change – PR Wire

08 Jun 23

The oil that sustainability cannot do without for a clean energy future

● A case of hit & miss – The bag of Sri Lanka’s ESG numbers Stronger ESG numbers in a country help spur investors towards it as they sustain their confidence. The World Bank’s ESG Data Portal is an online data platform and provides “sovereign-level environmental, social and governance (ESG) data” – meaning it provides country-by-country […]

23 Feb 23

Sri Lanka and CO2

A good piece of news is that Sri Lanka’s annual share of global CO₂ emissions remains very low. In 2020, it was a mere 0.06%. Still, the sudden rise in this share beginning in 1995 (at 0.02%) is a cause for concern having remained at 0.02% from 1950. The 45-year trend reversed in 1995 and […]

27 Jan 23

Sri Lanka and CO 2 (Part I)

The heavy use of fossil fuels has resulted in greenhouse gas emissions which warms up the atmosphere. The result is climate change driven by global warming. A leading gas among Greenhouse gases is Carbon dioxide (CO2). CO2 is not always produced artificially. Humans naturally exhale it and geographicsources such as volcanoes continuously emit it for […]

09 Jan 23

Sri Lanka’s vulnerability to climate change impacts

A country’s vulnerability to climate change can be found by the ND-GAIN Country Index (NDGCI). The World Bank highlights that Sri Lanka ranked 103 out of 181 countries in NDGCI in 2020. Sri Lanka is recognized as vulnerable to climate change impacts by the Bank. Sri Lanka’s weak ranking also implies that the country’s readiness […]

10 Nov 22

What kind of material is your ESG declaration made of?

ESG has grown to such a level, it’s now emerging as a measure of compliance. In being such a tool of compliance, ESG has created quite a stir among companies. Even the term ‘stir’ does not explain the high-stakes here. According to Ernst & Young, the ESG friendly fund flows projected by 2025- “Projected assets […]

07 Nov 22

Going in circles to define the Circular Economy

Definition of CE varies from author to author and finding an agreed definition is similar to going after a needle in a haystack. “As a matter of fact, the concept of a circular economy cannot be traced back to one single date or author, rather to different schools of thought..”- The Concept of Circular Economy: […]

06 Oct 22

Consumers switching to sustainable products is the way to go, but there’s a big catch (Part II)

We now see a clear consumer trend, which is, supporting products made sustainably. The question is “How well does this translate to customers’ switching to brands that follow sustainability?” There are many reasons customers switch from a brand that they have been loyal to. For one, the price of the products of the brand they […]

03 Oct 22

The Climate Tipping Points

There are certain milestones in any process that, when crossed, is not reversible. There is no way back (or return). Many small events collectively lead to a change of a larger scale. Once a leaf falls from the tree, it cannot be re-attached. Processes taking place within a leaf stem that attaches it to the […]

08 Sep 22

Where does net zero, CO2 management, climate change and circular economy finally lead to?

In the previous series of climate change articles, we have reviewed many dynamics that shape a global emergency-global warming-and how it’s being mitigated. Given its seriousness and impact on our lives, climate change (for worse) is a threat to humanity’s existence and planet’s sustainability. Sustainability has been at the centre of revival of green consciousness […]

02 Sep 22

Zeroing in on Net Zero

Several approaches are proposed to mitigate Climate Change. Increasing environment friendly actions and investment, reducing fossil fuel consumption, manufacturing low carbon items, and even changing one’s diet are prescribed…and the list goes on. A comparatively larger, macro scale approach to mitigate climate change is achieving “Net Zero.” According to the UN, “..net zero means cutting […]