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Overcoming effects of climate change is a shared responsibility

Jovi Ho
Jovi Ho • 5 min read
Overcoming effects of climate change is a shared responsibility
At the ongoing 2023 United Nations Climate Change Conference, or COP28, governments are working out the details of a “loss and damage fund”, which is intended to pay poorer countries for the harm caused by climate change. Photo: Bloomberg
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Corporates and countries, which often stand in competition with one another, should recognise that collaboration is the best way forward, says Darian McBain, founder and CEO of Outsourced Chief Sustainability Officer Asia (OCSO Asia).

“You could be the best large listed company in the world. But if you haven’t brought all of your suppliers and your supply chain along with you, you actually can’t meet your own decarbonisation goals or any other sustainability goals.”

Helping business partners along will likely be a global exercise, adds McBain. “Very few supply chains now are entirely local; most of them will go across borders.”

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