Social and environmental concerns have grown due to COVID-19 and unstable sociopolitical repercussions in the region. Both lifestyles and purchase decisions have aligned towards taking action to preserve the environment. With consumers and governments increasing the pressure to minimise the impacts on people and the planet, companies are reacting, embracing more circular business models. Sustainability must be part of the core business and not used to target upper segments or niche positioning.
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Environmental concerns have increased due to COVID-19 and unstable sociopolitical repercussions in the region. Both lifestyles and purchasing decisions have aligned towards taking action to preserve and improve the environment.
With consumers, investors and governments increasing the pressure to disclose and minimise climate impacts, businesses, cities and countries are embracing low-carbon strategies to reduce their emissions.
As climate change keeps demonstrating the profound impacts we have made to the ecosystem, purpose-driven solutions and real environmental commitment are key to remain competitive nowadays. Sustainability must be part of the core business and not used to target upper segments or a niche positioning.
Making supply chains more climate-resilient has become imperative. Changes in climate patterns bring tremendous risks for businesses, such as disruption in manufacturing and logistics, rising production costs and losses in corporate productivity and revenues.
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