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Social costs key challenge when going green


Social costs key challenge when going green

IbyIMD+ Published 30 November 2022 in Sustainability • 5 min read

Håkan Agnevall, chief executive of Finland’s Wärtsilä, one of the world’s leading power technology and services providers for the maritime and energy industries, gives his view on the human dimension of sustainability 

We are running out of time when it comes to carbon emissions. All the scientific models show that we are a long way from reaching the Paris Agreement goals of limiting global warming to well below 2°C compared with pre-industrial levels.  The latest COP27 climate conference unfortunately did not manage to speed up action to curb global warming.

This is a real problem. But the social dimension is a key obstacle to the transition to net zero, and we need to acknowledge that the move towards a new way of working will have a significant effect on many people.  

The shift that’s needed is not a technology issue – that is pretty much there. It’s more of a challenge for politicians and for people within the industry. The following three major issues still need to be addressed. 


1. The labor force

More and more countries are proclaiming net zero targets, but the reality is that people are being left behind in the transition. This is a challenge for governments, and not an easy…

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