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TheCorporateCounsel

TheCorporateCounsel.net

A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.

DealLawyers

DealLawyers.com

An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.

CompensationStandards

CompensationStandards.com

The “one stop” resource for information about responsible executive compensation practices & disclosure.

Section16.net

Section16.net

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.

PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

Scientists have long warned against exceeding a global temperature rise of 1.5°C over pre-industrial levels. Limiting climate change to this threshold would have stopped many of the permanent threats posed by changing weather patterns and sea-level rise. However, a new report from the United Nations Environmental Programme (UNEP) indicates that this scenario is in damage-controlnow an impossibility, making 1.5°C warming inevitable. This puts the world into damage control mode, as we can no longer hope to remain unscathed by climate change. The report notes:

“Scientific assessments (IPCC 2023a; UNEP 2025b) indicate that temporary exceedance of 1.5°C is inevitable under current emissions trajectories and policy settings. Therefore, the challenge confronting policymakers is no longer solely how to avoid exceedance, but rather how to understand, prepare for and navigate a future in which global temperatures exceed 1.5°C. Most importantly, society is now faced with the task of limiting exceedance through unprecedented action, for an overshoot, peak and decline pathway to be possible. In this pathway, the world faces the reality of global temperatures going beyond 1.5°C and collectively working towards limiting a temporary overshoot to well below 2°C so as to still make a decline feasible”

Despite being, to put it lightly, “a bummer,” this is not a reason to lose all hope. Despite global emissions making 1.5°C warming inevitable, the report also states that we can still mitigate the worst impacts. If action is taken swiftly and aggressively, the amount of overshoot can be contained. After containment, we will require years of negative emissions to fully stabilize the climate.

This report has several impacts for companies. First, the inevitability of 1.5°C warming requires us to revisit risk models. Physical risk will manifest, it is now a question of scale. Additionally, companies should prepare for aggressive policy action. While unlikely in the short term, citizens will demand action as climate risks manifest more frequently. Companies should explore and work towards net-zero now, before the policy crunch. The longer we wait, the worse the outcome will be.

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If you’re not already a member, sign up now and take advantage of our no-risk “100-Day Promise” – during the first 100 days as an activated member, you may cancel for any reason and receive a full refund. But it will probably pay for itself before then. Members also save hours of research and reading time each week by using our filtered and curated library of ESG/sustainability resources covering over 100 sustainability subject areas – updated daily with practical and credible information.

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The Editor

Zachary Barlow is a licensed attorney. He earned his JD from the University of Mississippi and has a bachelor’s in Public Policy Leadership. He practiced law at a mid-size firm and handled a wide variety of cases. During this time he assisted in overseeing compliance of a public entity and litigated contract disputes, gaining experience both in and outside of the courtroom. Zachary currently assists the PracticalESG.com editorial team by providing research and creating content on a spectrum of ESG… View Profile