Reset Connect 2024: A Deep Dive into Sustainability and Net-Zero Initiatives

Posted on
June 28, 2024
David Lourens
David Lourens
Head of Carbon Solutions & Procurement

I had the incredible opportunity to represent SQUAKE at the annual Reset Connect conference in London, UK's premier event dedicated to sustainability and net-zero advancements.

Reset Connect 2024 in a Nutshell

The conference was a bustling hub of innovation and collaboration, drawing 7,000 visitors, featuring 400 speakers, and hosting around 250 exhibitors. This significant gathering provided a fertile ground for those deeply involved in the sustainability sector to share insights, forge connections, and drive forward the agenda of a more sustainable future. Here are some key highlights and learnings from the event:

Key Learnings from the Event

1. Emphasis on Sustainable Investment Opportunities: One of the dominant themes at Reset Connect 2024 was the critical role of sustainable investment in driving sustainable solutions. Numerous sessions focused on how businesses and investors can collaborate to create and support sustainable projects. The message was clear: fostering sustainable investment opportunities is essential for the widespread adoption of sustainable technologies and practices.

2. Showcasing Sustainable Solutions: Exhibitors from around the world showcased cutting-edge sustainable solutions. From renewable energy technologies to innovative waste management practices, the exhibition floor was a testament to human ingenuity and commitment to sustainability. These solutions are not just theoretical but practical, ready to be implemented to drive meaningful climate impact.

3. Enhancing ESG Performance: Environmental, Social, and Governance (ESG) performance was another critical focus area. Companies are increasingly recognizing that strong ESG practices are not only good for the planet but also beneficial for business. Enhanced ESG performance can lead to better risk management, improved financial performance, and greater stakeholder trust.

4. Balancing Climate and Nature: A significant takeaway from the event was the need for businesses to balance their focus on both climate targets and nature. While 83% of global corporates have set targets related to climate change, only 5% have targets addressing nature. This imbalance highlights a crucial area for improvement. Businesses must expand their climate targets to include biodiversity and ecosystem health to achieve truly sustainable development.

5. Transparency in Policy and Project Pricing: For financial institutions to offer robust investment in sustainable projects, transparency is key. More transparent policies and clearer project pricing structures were identified as essential drivers for unlocking greater investment. Financial institutions need to understand the risks and returns associated with sustainable projects to commit capital confidently.

Moving Forward with Insights from Reset Connect 2024

The insights and connections gained at Reset Connect 2024 are invaluable as we continue our journey at SQUAKE to advance sustainability and net-zero initiatives. The event underscored the importance of sustainable investments, transparent policies, and a holistic approach to climate targets. By integrating these learnings, we can better support our clients and partners in their sustainability journeys, fostering a more resilient and sustainable future.

Reset Connect 2024 was more than just an event; it was a call to action for businesses, investors, and policymakers to collaborate and innovate. At SQUAKE, we are inspired and ready to take the next steps, armed with the knowledge and connections gained from this incredible conference.

Stay tuned for more updates as we continue to drive sustainable change!