Global businesses are at the precipice of a grand sustainability reset driven by the broader technological transformation and green innovation in critical sectors. But major geopolitical events in recent months have dramatically altered the global net-zero picture. The conflict in Ukraine, for instance, has triggered a global energy crisis that has forced governments to reconsider timelines of commitments to cut the use of fossil fuels.
For Asian economies dependent on imported fossil fuels, volatile prices have caused fuel shortages, disruptions in supply chains, inflation, food scarcity, and political instability. In the coming decades, Asia will most likely witness a highly disruptive transition in which decarbonisation will occur in unexpected ways, which would present significant challenges for businesses.
For this online session, we have invited Ms Reema Bhattacharya, Head of Asia Risk Insight at Verisk Maplecroft to give us her view on the grand sustainability reset. Those of you who attended SwedCham's APAC CEO Talks with Jonas Samuelson (Electrolux) and most recently with Christian Levin (Scania) have already heard Reema in action. Here the floor will be entirely hers to elaborate on what the key green imperatives for Asia's emerging markets are and how they are evolving in terms of opportunities and challenges from a regional as well as geo-political perspective.