At a time when carbon dioxide emissions have started to rise after three years of stability, there is a “lack of political will” in most nations to phase out fossil fuels with the necessary speed, according to a report released at the 24th Conference of Parties (COP 24) to the United Nations Framework Convention on Climate Change. The Climate Change Performance Index (CCPI) 2019, released December 10, 2018 by Germanwatch and the NewClimate Institute, shows that only few countries have started working towards limiting global warming below 2°C or even at 1.5°C.
EcoVadis's insight:
Amid growing awareness about climate change and a consequent shift in consumer behavior, brands are increasingly selling more sustainable goods. And as the expectations on corporate responsibility increase, and as transparency becomes more prevalent, companies are recognizing the need to act on sustainability. Professional communications and good intentions are no longer enough.