Sustainability: the rising pressure of regulations
Posted: Sat Dec 28, 2024 8:28 am
The next five years will be critical if businesses really want to meet 2030 net zero targets. But our recent media analysis revealed that the increasing complexity of sustainability reporting is leading to confusion and scepticism, and more and more businesses are walking away from their climate pledges.
But governments are feeling the pressure to make progress on climate agreements, so new regulations and legislation continue to shift the business landscape and its various targets. From renewable energy auctions to biodiversity net gain – these initiatives are likely to increase, which means that now is the time for businesses to do more, review their strategies and look closely at what others are doing.
Against this backdrop, at Davos we expect to see an emphasis on bolivia mobile phone numbers database how businesses can make their net zero efforts more transparent. Brands will only become credible in this area when they start with an honest appraisal of their progress and the challenges they face.
We also hope to see more about innovation. Businesses that align themselves with emerging or evolving trends such as the global push towards more formal carbon markets and the evolution of the circular economy will be seen as champions of change. This will give them the power to build their brand reputation and materially influence the sustainability agenda.
But governments are feeling the pressure to make progress on climate agreements, so new regulations and legislation continue to shift the business landscape and its various targets. From renewable energy auctions to biodiversity net gain – these initiatives are likely to increase, which means that now is the time for businesses to do more, review their strategies and look closely at what others are doing.
Against this backdrop, at Davos we expect to see an emphasis on bolivia mobile phone numbers database how businesses can make their net zero efforts more transparent. Brands will only become credible in this area when they start with an honest appraisal of their progress and the challenges they face.
We also hope to see more about innovation. Businesses that align themselves with emerging or evolving trends such as the global push towards more formal carbon markets and the evolution of the circular economy will be seen as champions of change. This will give them the power to build their brand reputation and materially influence the sustainability agenda.