Formulating Business Roadmaps Towards Net Zero

The Intergovernmental Panel on Climate Change (IPCC) has clearly stated that to possibly limit global warming to 1.5°C and avoid devastating climate impacts, global emissions must peak by 2025, halve by 2030, and reach net zero by 2050. Mainland China plans to become carbon-neutral by 2060 while the Hong Kong SAR Government has a 2050 commitment, supported by action plans stated in the Hong Kong’s Climate Action Plan 2050 (CAP2050) released in October 2021.

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