“We have all put out these commitments of what we will do by 2030 and 2050. But the granularity of the pathways and how we are going to get there is extremely flimsy and does not give us the confidence that we can see through those commitments,” he adds.
As chair of the World Business Council for Sustainable Development, Sunny Verghese has spoken to at least 250 CEOs. They tell the co-founder and group CEO of Olam International about their sustainability targets: they have signed and committed to the science-based targets of 1.5-degree reduction and to get to net zero by 2050.
But confidence among those executives ends there. “I can tell you not one of us has a clue of how we are going to get there,” says Verghese.
