The Great Transformation
The global economy needs to achieve net zero emissions by 2050 to limit the rise in global temperature that began with the Industrial Age to a manageable 1.5º Celsius.
McKinsey & Company estimates that achieving a net zero emissions economy will require $275 trillion of cumulative investments in physical assets alone by 2050. This is the biggest transformation project in human history (the “Great Transformation”).
The Great Transformation is happening in an unstable operating environment with shifting economic, environmental, geopolitical, health and technology risks. Managing in an increasingly volatile, uncertain, complex, and ambiguous (“VUCA”) world will make it more challenging for companies to manage the transition to a net zero business model. Net Zero Business Models provides companies with strategies to manage these transformational forces to prosper in the Great Transformation.