Given the current challenging economy, it is essential that companies keep abreast of sustainability trends as they evolve, and understand the direct impact on business performance to remain competitive.
Consumers still want to positively impact the environment, and expect companies to play their part in democratising sustainability; therefore, understanding the sustainability landscape will help companies to identify risks and seize new opportunities.
Euromonitor International has identified five key trends affecting the global sustainability agenda in 2023.
1) Affordable sustainability
2) From net-zero to carbon-negative targets
3) Addressing circularity through collaboration
4) Thorough regulatory environment
5) Greenwashing: Sustainability claims under scrutiny
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