Environmental pressures and consumer demand are set to reshape business models and operations with a revolution of product technologies and services. This report introduces Euromonitor’s Environmental Sustainability Index, which ranks 97 markets – which in 2019 represented 89.1% of the world’s population and 97.2% of global GDP – highlighting country-specific risks and opportunities in the sustainability space.
This report comes in PPT.
The global economy depends on limited natural resources that are under threat due to unsustainable consumption and production patterns alongside more frequent and severe natural disasters. Climate change is significantly harming communities across the world and further temperature rises are expected to have devastating impacts.
As investors, stakeholders, consumers and legislative bodies are increasing scrutiny making businesses accountable for their environmental impacts, companies are searching for new ways to embed sustainability into financial decisions.
The Sustainable Development Goals (SDGs) launched in 2015 by the UN are a global framework to guide the transition towards a more sustainable future by 2030. The achievement of these goals requires the engagement of the private sector and opens huge opportunities for businesses to improve resiliency alongside brand reputation and brand loyalty, while also helping to attract investors and employees. The SDGs are also an opportunity for the financial industry, increasingly issuing sustainable bonds.
Governments are announcing a new era of legislation that requires more stringent criteria in sustainability reporting, alongside higher accountability and transparency, putting the protection of natural resources and the fight against climate change at the core of a purpose-driven recovery. As the deadline of the Paris Agreement approaches, pressure for sustainable business rises. The transition towards more sustainable production and consumption models has become a strategic imperative.
Every industry has its own environmental challenges and opportunities depending on the markets where they source, manufacture and sell their products. The Environmental Sustainability Index provides a multi-dimensional and cross-country comparable framework that can be used by businesses and governments to make more informed decisions regarding their sustainability strategies and programmes.
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