(lively music)
This is the critical decade
for the reduction of emissions.
What we do between now and 2030
will determine how close we can hold the world to 1.5.
This task is too big for any one person
or for any one government or for any one department.
We need your help, your ideas, your energy,
your commitment, your engagement.
It gives me great pleasure
to officially declare the BCG Climate & Sustainability Hub
open for business.
(audience clapping)
So we're really excited today
to be launching BCG's Climate
and Sustainability Hub in Sydney.
That Hub is a resource for Australian businesses, industry,
government, not-for-profits,
and the academia sector to come together
to solve some of the most complex challenges facing us
as we tackle climate and sustainability.
How do you decarbonize your operations?
How do you decarbonize a value chain?
The Hub is designed to be a catalyst for all of that.
So we have the Minister for Climate Change
and Energy launch it formally,
join a discussion panel with Rebecca Russell
who heads our climate and sustainability practice.
Brad Banducci from Woolworths
and David Thodey from the Climate Leaders Coalition.
Really talking about the possibility
and how this embodies what's necessary in Australia:
an ecosystem of players,
businesses, and others working together.
-: What's interesting to me
as the biggest company in sort of in terms
of economic footprints in Australia,
when we add up our Scope 1 and 2 emissions,
they are 1/15 of our Scope 3 emissions.
And that just says it all.
No matter what we do,
we cannot get the progress we want
without engaging with others.
And so having someone as a hub
to get together and share best practice learnings
or support others is a key part
of actually unlocking that goodwill aspiration
across the whole value chain.
I just want to commend BCG
for bringing this hub together
because we need all of Australia.
If we're going to be successful
about getting to 43% reduction
in our carbon footprint by 2030,
that's an enormous challenge.
However, I am optimistic.
I think if corporate Australia
and government working together with small
and medium business, we can nail this.
I'm getting goosebumps.
I've been on this journey for many years,
and the energy in the room today
is not something I have seen before.
This is a global challenge,
not just a local challenge,
and Australia has some fantastic capabilities
that don't exist in the rest of the world,
and we have a scale that is big enough
to make change but small enough to get it done,
so we can actually innovate faster
than the rest of the world if we put our mind to it.
(upbeat music)