The Future of Climate Change: From the Perspectives of Sam Israelit, Chief Sustainability Officer at Bain & Company

Sam maintains a positive outlook, envisioning a future where collaboration between companies and regulators, empowered by technology, will lead to effective solutions. As a first trend, he anticipates a convergence of carbon management with financial management. Secondly, he is enthusiastic about a continuous rise in investment in alternative energy sources, spurred by different tech startups. Also, he believes in the continued research and development around low-carbon impact materials such as alternative plastics.

Lastly, over the next decade, he believes that more and more people are going to realize that climate change is real and then they will increasingly expect companies to do something. And as part of that, there will be a willingness to pay for more sustainable products.

However, he cautions that the current pace of change is not fast enough and warns of more severe climate events as a result.