Ksapa | July 2026

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Climate: The Era of Political Excuses and Corporate Self-Congratulation is Over 

In late June 2026, even Northern Europe lived through a real-world climate stress test: Germany posted a new national all-time high of 41.5°C, while Denmark recorded its hottest day since 1874. Close to 200 million Europeans were exposed to temperatures above 35°C in a single day. The conclusion is unambiguous: real-world trajectories are already running ahead of the worst-case scenarios in the IPCC's AR6 Synthesis Report, and everything planned to date assumes a climate that simply no longer exists.

What's the point of a triple-A CDP score when a heat wave reveals you've adapted neither your sites, nor your supply chains, nor how you serve your customers? And what's the point of claiming so called "decarbonized" energy when nuclear reactors across France and Switzerland have had to shut down for lack of sufficiently cool river water to run their cooling systems, with gas plants picking up the slack at night? The problem doesn't stop at generation: as heat increasingly strains power transformers across the grid, the same infrastructure now has to carry the shift to renewables and power digital systems that an ever-larger share of payments, healthcare, and supply chains already depend on entirely. None of this is a one-off: it's a pattern set to repeat, at greater amplitude, for years to come. And access to water as a shared common good will become an increasingly critical issue in the years ahead.

This is exactly where Ksapa's work comes in. Our advisory engagements map critical dependencies — sites, suppliers, water, energy — well beyond Tier 1, building on our analysis of the new geopolitics of critical supply chains and our methodology for onboarding suppliers into a 1.5°C climate strategy; and our SUTTI initiative deploys, at scale and with blended finance, integrated programs combining training, traceability, and climate resilience across the most exposed value chains. Ksapa and its entire network remain resolutely committed to this collective effort. Let's talk.

Farid Baddache, President

Torche IN THE SPOTLIGHT
Accelerating Climate Action and Adaptation
👉 The climate we planned for no longer exists.

Record heat in Germany and Denmark. Nuclear reactors shut down for lack of cool water. Power grids buckling under transformers that overheat. Europe just lived through a real-world stress test — and the lesson is brutal: we're already past the IPCC's worst-case scenarios, and waiting for political alignment is no longer an option

Read how business must accelerate
Ampoule électriqueKSAPA INSIGHTS
Engaging Children Without Exposing Them
👉 Interviewing a child is never just a methodological adjustment.

In a human rights assessment, the question often comes up: Do we need to interview the children present, or can we do without? Poorly framed, poorly prepared, that question can do more harm than good. Field lessons and ILO/UNICEF protocols for engaging vulnerable populations without exposing them

Read our Full Analysis
ESG Investments: Applying a Total Cost of Ownership Lens
👉 ESG isn't a burden. Poorly managed, it becomes one.

Amid regulatory backlash and ideological noise, here's how to tell value-creating transformation apart from compliance "selfies."

Read our Analysis
Summer Reading
👉 The summer read to step back and find the right priorities in a world caught in a blizzard.

A blocked Strait of Hormuz, oil prices spiking toward $150-200 a barrel, record-breaking heat waves, supply chains grinding to a halt: Half 1 2026 has been playing out, almost day by day, the geopolitical and climate fragmentation this report anticipated. Our updated guide identifies 6 concrete levers for investing without missteps in a decade where uncertainty has become the norm.

Download the Report
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