Stark warning from the Governor of the Bank of England

Peter du ToitI'm the founder of FutureWork IQ where I spend my time assisting businesses to design digital workplaces or “offices in the cloud.” These environments enable companies to allow flexible and remote working for their teams. I also teach the digital literacy, fluency, communication and collaboration skills needed to work in these modern technology-rich workplaces.

Given the science and the unfolding of events based on the science, he is 100% correct.

Adaptation should be high on any executive teams agenda. The process of decoupling your business (or career) from fossil fuel touch points is important and urgent.

At a powerful tool in any companies toolkit to accomplish this is designing and deploying a digital workplace, which can enable flexible and remote working.

This way of working enables a business to break its reliance on daily commutes and regular business flights. (Transportation emissions) Also, if designed well, it can break reliance on a physical office, (electrical emissions) as has been shown by companies like Automattic, GitLab and InVision.

This would be a great “low-hanging fruit” start before turning attention to supply chains.

Carney added this dire warming:

“It was possible that the global transition needed to tackle the climate crisis could result in an abrupt financial collapse. The longer action to reverse emissions [is] delayed, the more the risk of collapse would grow.”

(Source: Firms ignoring climate crisis will go bankrupt, says Mark Carney)