Leaders at Citi, Deloitte share 3 things that need to happen at COP26

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Leaders at Citi, Deloitte share 3 things that need to happen at COP26
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World leaders are convening to address the urgent climate crisis. Sustainability experts at Citi and Deloitte share 3 things business execs need to do now. Presented by Deloitte

Jennifer Steinmann, the global ESG marketplace leader at Deloitte, said more business leaders needed to start working with one another to imagine cross-industry solutions to reduce emissions. The climate activist Charles Orgbon III agreed and added that CEOs would benefit from engaging with youth activists and nonprofits in their plans to elevate the voices of marginalized communities.

"Climate change is going to be some calculus of mitigation, adaptation, and human suffering," Orgbon told Insider."How we act today is going to tip the balance on which of those we're going to experience more of." More businesses need to begin partnering with one another and with governments, according to Steinmann, which helps companies adopt new environmental, social, and governance goals.

"No single company, industry, or individual can solve this alone," she said."We need to work together and take immediate action, and it's important for businesses and governance to work together." The appetite for collaboration is apparent, she said, CEOs just need to start. She cited how 63% of executives believe now is the time to act on the climate crisis, according to a"We compartmentalize as organizations; that's a natural thing to do, but we need to get much better at putting things together," she said."There's a need to work together across multiple organizations and collaborate across industries in a way that's not happened before.

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