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Reflecting on 2024: Extreme Weather, Sustainability Milestones, and FutureTracker's Growth

2024 was a year of contrasts: extreme weather events tested resilience, but global progress in renewable energy and sustainability gave hope.
30/12/24

As 2024 ends, we reflect on a year of striking contrasts. Climate extremes dominated global headlines, with heatwaves, typhoons, and floods affecting millions. Yet, alongside these challenges, significant achievements in renewable energy, conservation, and sustainable business practices offered hope. For FutureTracker, it was a year of transformation as we deepened our commitment to helping businesses achieve meaningful sustainability goals.

Extreme Weather in 2024

This year is set to be the hottest on record, with climate change adding 41 days of dangerous heat worldwide. Extreme weather dominated the headlines. The Amazon region endured historic droughts, driven by El Niño and rising global temperatures, leading to a 90% drop in river levels, crop failures, and school closures.

Sudan and Nigeria grappled with devastating floods that displaced thousands, while the Philippines faced six typhoons in just 30 days, underscoring the growing intensity of tropical storms. Meanwhile, back-to-back hurricanes in the US left over 260 dead and caused $115 billion in damages.

However, amidst these disasters, significant sustainability progress was made across the world:

  • The UK closed its last coal-fired power plant, symbolising the transition from fossil fuels to cleaner energy. Globally, renewable energy capacity surged, with China leading efforts that will see global capacity nearly triple by 2030.
  • Conservation efforts bore fruit as Amazon deforestation fell to a nine-year low, and salmon returned to Oregon’s Klamath River following the largest dam removal project in US history. The Azores established the largest marine protected area in the North Atlantic, highlighting the power of policy in preserving biodiversity.
  • Natural entities like New Zealand’s Egmont National Park and Ecuador’s rivers gained legal personhood, setting a precedent for innovative environmental protections.

FutureTracker’s Transformative Year

2024 was a landmark year for FutureTracker, as we introduced new tools, services, and partnerships to empower businesses in their sustainability journeys.

Industry Recognition: Our innovative approach to sustainability was honoured with Environmental Finance’s EMEA Product Innovation of the Year award. This recognition highlighted our commitment to bridging gaps in traditional sustainability solutions by offering practical, impactful tools that integrate sustainability into core business operations.
New Plans Tailored to Every Business: We revolutionised our service model with four new plans, ensuring accessibility for businesses of all sizes.
Zfolio Collaboration: We partnered with Zfolio to help financial service businesses meet growing regulatory demands for climate-related disclosures, equipping them with precise tools to measure and reduce portfolio emissions.
The Policy Builder Tool: Launched in May, our interactive Policy Builder tool simplifies the creation of tailored sustainability policies across areas like procurement, business travel, and human rights. Backed by best practices and regulatory insights, the tool helps businesses craft actionable, compliant, and forward-thinking policies.
Treety Partnership: By teaming up with Treety, a leader in ESG, SFDR, and SDR reporting software, we supported fund managers in streamlining sustainability data collection and reporting, ensuring compliance with evolving regulations.
Leadership Milestone: Fred Betley, FutureTracker’s co-founder, was appointed Managing Director. Under Fred’s leadership, we continued to align corporate success with environmental responsibility, staying true to his vision of enabling businesses to tackle climate and social challenges while thriving economically.

Looking Ahead to 2025

The challenges of 2024 underscore the urgent need for action, but they also show the potential for meaningful progress. At FutureTracker, we’re committed to equipping businesses with the tools, guidance, and support they need to create sustainable, resilient operations. Together, we can turn lessons into opportunities and ensure a brighter future for people and the planet.

FutureTracker empowers businesses to measure, manage, report, and reduce their environmental impact. Start your sustainability journey today with solutions tailored to your needs. Let’s make 2025 a year of progress.

If you’d like to learn more about FutureTracker, get in touch with us at enquiries@futuretracker.com for a no-strings-attached demo!

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