Supporting COP29 objectives through innovative courses

By Julia Rockliffe
Associate Director, Grant Thornton UK LLP

Julia Rockliffe is an accomplished Programme Manager who leads the sustainability training partnership with Teesside University. The goal of this is to ensure that much needed green skills training courses are developed and made available to businesses. Julia has a wealth of experience within sustainability, managing a number of UK Government climate change mitigation programmes, green homes initiatives, as well as acting as a local food growth champion. Here she explains how new short courses, developed in partnership with Teesside University, can help businesses meet COP29 targets.

In an era where sustainability is no longer just a buzzword but a critical business imperative, Grant Thornton and Teesside University have taken a proactive step by developing sustainability short courses for the company’s global clients. This initiative comes at a pivotal moment, aligning with the key discussions and goals set forth at COP29.

The COP29 Context

The 29th UN Climate Change Conference (COP29), held in Baku, Azerbaijan, has brought to the forefront the urgent need for more ambitious, transparent, and predictable climate targets. At this conference, Prime Minister Sir Keir Starmer has committed the UK to a more "ambitious" climate goal for the UK - an 81% emissions cut by 2035 of which businesses must contribute.

Why Sustainability Short Courses?

Teesside University and Grant Thornton’s sustainability short courses are designed to equip business leaders with the knowledge and skills needed to rapidly get up to speed to navigate the complex landscape of sustainability. These courses are not just about theoretical knowledge; they are enriched by practical insights and real-world applications and supported by Teesside University’s global expertise in sustainability and Net Zero technology. The development of these courses is informed by industry research and the pressing need for businesses to integrate sustainable practices into their operations.

Key Features of the Short Courses

The short courses cover a wide range of topics, including Sustainability Principles, Net Zero planning and Regulatory Frameworks. Participants will learn how to develop and implement sustainable strategies within their organisations, ensuring they remain competitive in a rapidly changing business environment. The courses are delivered in partnership between Grant Thornton and Teesside University International Business School, with the University’s Net Zero Industry Innovation Centre. This partnership provides a blend of academic excellence and industry insight.

Aligning with COP29 Goals

The sustainability short courses are aligned with the goals of COP29. By focusing on the development of sustainable business practices, Grant Thornton is helping its clients contribute to the global effort to combat climate change. Recent research by Grant Thornton showed that less than half of UK businesses have sustainability targets in place. The short courses emphasise the importance of transitioning away from fossil fuels, and ensuring that business practices support the goals of the Paris Agreement.

COP29 has several goals related to businesses reducing their greenhouse gas emissions. Here are some key points:

• Transition Away from Fossil Fuels: The COP29 conference emphasises the need for businesses to transition away from fossil fuels and adopt more sustainable practices. This includes setting ambitious targets for reducing greenhouse gas emissions and implementing strategies to achieve net-zero emissions by 2050.
• Nationally Determined Contributions (NDCs): Businesses are encouraged to develop and submit strong and ambitious NDCs that outline their plans for reducing emissions and transitioning to low-carbon operations.
• Climate Finance: COP29 aims to secure a new climate finance goal, which will support businesses in their efforts to reduce emissions. This includes operationalizing the Loss and Damage Fund and exploring innovative finance instruments.
• Carbon Pricing and Trading Schemes: The conference will focus on establishing a tangible price on carbon and developing trading schemes to facilitate climate-friendly decisions and make high-carbon practices financially untenable.

These goals highlight the importance of businesses taking proactive steps to reduce their greenhouse gas emissions and contribute to global climate action efforts.

Conclusion

As the world grapples with the challenges of climate change, Grant Thornton and Teesside University’s sustainability short courses offer a timely and practical solution for businesses looking to align with COP29 objectives. By equipping business leaders with the necessary skills and knowledge, these courses not only support the transition to a more sustainable future but also ensure that companies remain competitive and resilient in a rapidly evolving global market. Through education and proactive engagement, Grant Thornton is helping to pave the way for a more sustainable and prosperous world.

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