With 95% of all manufactured products & materials relying on chemicals processes, the industry is in a unique position to catalyze the transition to a circular economy. Yet, today the chemical industry operates predominately in the linear economy. While to date, six out of nine planetary boundaries transgressed and 90% of global nature loss is […]
Estimates put the global market capitalization of the oil and gas sector at USD $6.5 trillion, which is equivalent to the combined gross domestic product of the United Kingdom and France in 2022. As the oil and gas industry transitions, this value might change and greater transparency on how this might occur is crucial to […]
WBCSD has compiled this briefing document synthesizing some of the key trends shaping sustainability in 2024 to support our members and partners in navigating some of the headwinds and tailwinds that look set to affect our collective efforts to realize transformation this year. Content for this briefing has been drawn from a review of more […]
Discover the transformative initiatives showcased in the inaugural BIMG Beacon Projects Report 2024, a testament to the power of collaborative efforts in addressing global challenges such as climate change, biodiversity loss, and pollution and tackling inequality. These projects, executed by Business and Industry Major Group (BIMG) members and SMEs, exemplify innovative business-led partnerships and collaborations on both global […]
The Business Commission to Tackle Inequality (BCTI) has unveiled its latest case study report, “How Unilever builds and delivers its social performance strategy”, offering insights into effective strategies for addressing inequality within the private sector. The report, created by PwC, highlights Unilever’s exemplary journey in defining and implementing a robust social impact strategy across its business and […]
Introducing WBCSD’s “Climate-related Financial Impact Guide”: a crucial resource for business supporting the assessment and disclosure of climate-related financial impacts. WBCSD’s CEO Guide to the Climate-related Corporate Performance and Accountability System (CPAS) emphasizes the importance of decision useful climate risk and opportunity information and insights from the 2023 Taskforce on Climate-related Financial Disclosure (TCFD) Status […]
The winds of change are blowing strong in the fashion industry. As regulatory demands rise and consumers seek sustainability, the shift from a linear to a circular fashion and textile value chain is paramount. To achieve this transformation effectively and profitably, the industry needs a standardized approach to measure and drive circularity. Discover the power of the Circular […]
The president of the World Council for Sustainable Business Development explains that although our information on climate change is imperfect, we possess enough data to act. Companies may play the most crucial role in this transformation. For more than a decade, Peter Bakker has led the Geneva-based World Business Council for Sustainable Development (WBCSD), a […]
WBCSD and its members are committed to ensuring that the ambition, action and accountability of the private sector enable trust in, and iterative progress towards, a shared agenda for food systems transformation. Complementing the Emirates Declaration, the UN Climate Change High Level Champions have coordinated a multistakeholder Call to Action to transform food systems, bringing together players from […]
In 2021, 228 senior executives committed to take action in six key areas through the Business Declaration on Food Systems Transformation at the UN Food Systems Summit. Two years later, WBCSD, which convened the Food Systems Summit’s Private Sector Guiding Group, and WBA collaborated to assess progress, revealing areas of success, and highlighting gaps that demand […]