November 2024 marks the 29th annual UN global climate summit. The theme for COP29 focuses on the opportunity to accelerate action to tackle the climate crisis. Public-private collaboration is essential to achieve sustainable goals, so both governments and companies need to rapidly walk their talk to make real changes.
Here is our round-up of the key content to help you understand sustainability challenges and seize the opportunities.
Unlocking Sustainability Opportunities series
This article series highlights the urgency for FMCG companies to adopt transparent, effective sustainability communication to manage risks, meet legislative demands, and leverage opportunities. It emphasises the necessity for firms to substantiate their sustainability claims, nurturing stakeholder trust, enhancing brand loyalty, and propelling business growth in a fast-paced, competitive landscape.
Nine out of 11 industries record that the retail value sales CAGR of sustainable products outperforms that of products without such claims for the 2020-2023 period
Source: Euromonitor Claims Tracker
- Unlocking Sustainability Opportunities in Beauty and Personal Care
- Unlocking Sustainability Opportunities in Consumer Health
- Unlocking Sustainability Opportunities in Tissue and Hygiene
Adopting Sustainability Strategies for Success in Europe
Join two of our sustainability experts, Inga and Jorge, to explore this fast-changing landscape and find solutions to improve your strategic initiatives.
Businesses are under pressure to align with ambitious climate goals and ensure transparent, responsible corporate action. Europe is at the forefront of regulatory change, but companies often struggle to keep up with rapidly evolving policies and demands. And identifying the right sustainability approach to succeed in the region becomes an even bigger challenge.
In this conversation, you’ll gain strategies and insights that can help you uncover opportunities in sustainability.
Top Five Innovations in Sustainability series
FMCG industries in 2024 face a challenge to balance rising costs with escalating climate issues. Despite the recognised need for climate action, businesses grapple with actualising sustainable strategies and clearly delivering their initiatives to consumers. This article series underscores the crucial role of sustainable innovation, showcasing five products that exemplify how brands can harness sustainable practices for relevance and competitiveness amidst evolving consumer demands.
Voice of the Industry: Sustainability Survey 2024 Key Insights
Amid ongoing inflation, intensifying geopolitical issues, and climate-related supply chain disruptions, the focus on sustainability seems to be taking a backseat to immediate concerns such as profitability. In fact, there was an 8-percentage-point decrease in businesses stating they have a sustainability strategy in place between 2023 and 2024.
Sustainable Transformation: Aligning Brand Claims with Positive Change
Watch our exclusive on-demand webinar that explores how authentic sustainability brand claims can drive positive change for business, people and planet alike. With a special focus on the FMCG sector, particularly the food industry, we'll discover how forward-thinking companies are communicating their genuine sustainability efforts to create powerful brand narratives that resonate with consumers, leading to mutually beneficial outcomes.
For further analysis into global sustainability strategies and challenges, visit Euromonitor International’s Sustainability Insights page.