What is climate change and sustainable development?

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Climate Change and Sustainability are two interconnected global challenges that need serious attention. Climate change is a global issue that impacts the environment and society. Due to disruptive changes in the various sectors and rapid advancements in technology, globalization. The relevance of environmental, social, and governance (ESG) factors has grown amongst all stakeholders. As of now, the current risk landscape has given rise to multiple challenges. There is a lack of transparency and visibility of carbon footprint data within organisations. 

  1. Inefficiency in implementing new sustainability standards

  2. lack of transparency and visibility of carbon footprint

  3. Inappropriate definition of Sustainability that leads to incorrect recognition or charges within the ESG statements. 

  4. Organisational changes such as modified operating or service delivery models have become the driving forces behind the focus on sustainability.


There is a dire need to promote sustainability across industries. By addressing climate change and promoting sustainability, we can create a resilient world and achieve sustainable development goals and secure a sustainable future for generations to come.


In this piece, we will dive into Deloitte's comprehensive suite of Sustainable solutions that are useful in building a sustainable future. 

How Deloitte helps in Climate Change and Sustainable development? 

Deloitte ESG Consulting

Deloitte offers individualized and strategic solutions to incorporate sustainability into the company's business strategy, decision making and operations. Deloitte Sustainability Service helps organisations manage their sustainability-related responsibilities and keep up with evolving market and industry trends, we work across these categories within the sustainability spectrum: 

Deloitte broadly offers the following Sustainability Spectrum

  1. Sustainable Finance 


Deloitte offers sustainable finance options that help companies integrate ESG criteria into finance-related functions from business to investment decisions for the lasting benefit of the organisation and society. This helps companies to measure and manage the non-financial impact of their operations and engage in long-term value creation. This service covers Independent E&S Reviews, E&S Impact Assessments, ESAP Implementation & Audits, E&S Management Systems Climate Change Risk Assess etc. 


2. Climate Change & Resilience  


To effectively manage climate change risks and mitigate their impacts, businesses and organizations need to adopt a comprehensive approach. This involves undertaking various initiatives. Deloitte offers a complete line of services to combat climate change. GHG Emissions Inventory and Science-based Targets, Physical and transition climate-related risk and opportunity assessments, and Disaster Management Policy Development and Implementation are some of them. 


3. ESG Strategy and Governance 


Deloitte tailors effective ESG strategies to develop roadmaps for complete ESG transformation within an enterprise and empowers management with ESG matters. Deloitte also formulates an ESG strategy and roadmap, ESG transformation support, ESG disclosure and reporting advisory per GRESB, SASB, GRI, SEBI BRSR, sustainable supply chain assessments, materiality assessment, and data analysis.


4. Decarbonisation and net-zero


Decarbonisation is the term used for the removal and reduction of carbon dioxide (CO2) output into the atmosphere that can be achieved by switching to low-carbon energy sources. Our decarbonization solutions support any organisation on its journey towards understanding climate-related risks. 


Deloitte also assists companies in defining ESG strategies, assisting clients with ESG advisory and reporting that plays a crucial role in progressing towards a sustainable future.  

Final Thoughts 

Climate change and sustainable development are inextricably linked, and addressing one necessitates addressing the other. Embark on a journey to secure a sustainable future by encouraging climate-friendly decisions and incorporating Sustainability strategies and ESG compliances for the benefit of Deloitte Sustainability Solutions empowers companies and offers innovative solutions instrumental in creating a sustainable and prosperous future for all. 

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