Points - and corresponding actions - that businesses must tap to help the worldĪchieve drawdown quickly, safely and equitably: This drawdown-aligned business framework zeroes-in on eight key leverage “We’ve outlined aĭrawdown-aligned business framework that allows anyone, anywhere to make their “Project Drawdown wants employees to have the resources to identify and push forīigger climate ambition in the workplace,” Alexander says. If a business is serious about their climate ambition, then they will welcomeĪll employees to the work of helping them get there and holding them Building a “drawdown-aligned” businessįor many employees committed to meaningful change, accelerating climate actionĪt work can feel restricted to staff with “sustainability” in their job title. Climate Solutions at Work focuses on the private sector, soĮmployees have a better sense of where to start - or intensify - their businessĬlimate action. Mid-century so long as global interests make the best use of all existingĬlimate solutions. Project Drawdown’s research shows the world can reach drawdown by Leverage points and the passion of every employee to scale climate solutionsĭramatically boosting expectations for business climate leadership around the Employees can demand a more expansive view, one that taps every company’s Less harm, gradually reducing their emissions - and the damage they cause - over Today’s definition of business climate leadership centers on companies doing With a shared deadline - a highly unlikely prospect. Of vague, long-term target only works if every company makes the same commitment Over the years, “net zero” has shifted fromĪ collective goal to a leadership position from individual companies. Progress - a global goal to reach net zero by In its infancy, “net zero” was meant to embody a long-term climate goal used by Your business take bolder climate action.” Pushing beyond “net zero” Climate Solutions at Work isĪ playbook for employees - no matter what you do or where you work - to help

“But the scope and scale of the climateĬhallenge calls on all of us to find our inroad. Title consider climate issues as part of their workday,” says Jamie BeckĪlexander, Director of Drawdown Labs. “Inside most businesses, only a handful of people with ‘sustainability’ in their to moving their company toward the world’s best climate Readers can explore theirĬompany’s enormous untapped potential for climate action by finding their inroad Standard of business climate leadership, driven by employees equipped to takeīolder action at work, making every job a climate job. Private sector beyond net zero as quickly, safely and equitably as possible.Ĭlimate Solutions at Work, presented by Project Drawdown, creates a new Guide that aims to help global employees step into their power and shift the Play a crucial role in enabling and driving this effort - and employees can help The private sector, with its vast resources, must

Was a wake-up call that we need all hands on deck to successfully avertĬatastrophic climate change.

Transformation, the guide is a new north star for employees looking to push beyond net zero. By moving step-by-step through topics primed for In other words, activating this option makes you risk progressively less: for example, when your position size is 10% equity and 10% reduction is specified after reaching a 10% drawdown, for every 10% of drawdown you will risk 10% less, so at 10% drawdown and below the position size is 9%, after reaching a 20% drawdown the size is further cut to 9% - (10% of 9%) = 8.1% and so on.'Climate Solutions at Work' creates a new standard of business climate leadership, driven by employees equipped to take bolder action at work. The checkbox 'Per each % of drawdown' changes the logic of adjustment in that you keep risking less and less if your drawndown is getting bigger and bigger (or more and more, if you select the 'Increase size' option). (Enter 0% to disable the position sizing adjustment during drawdowns.) By default, position size is reduced but you can direct the PosSizer to increase the size during drawdowns (see: Martingale) Setting it to 0 effectively disables this behavior, letting the PosSizer control downside risks only.Īnother option lets you specify the drawdown depth after which the PosSizer will start altering the size (to the upside or to the downside). You have the option to increase or reduce trade size during equity runups. Increase/decrease trade size when the portfolio equity is in drawdownĪnd in between, one of the three Wealth-Lab's standard position sizing choices are applied: fixed dollar, percent of equity, or maximum risk percent.

Increase/decrease trade size when the portfolio equity is setting new highs.

This PosSizer is a combination of two money management approaches:

Drawdown labs