A group of CEOs of multinational companies has published a joint letter ahead of the UN Environment Programme’s (UNEP’s) fifth session of the Intergovernmental Negotiating Committee (INC-5) on plastic pollution, calling for governments to agree on a treaty to end plastic pollution. The companies belong to the Business Coalition for a Global Plastics Treaty.
Financial executives worldwide are raising serious concerns about the reliability of environmental reporting data, with new research revealing widespread scepticism about companies’ ability to meet their sustainability targets. The findings, released in EY’s 2024 Global Corporate Reporting Survey, paint a troubling picture of the current state of corporate sustainability reporting.
The mining industry flies under-the-radar in discussions on decarbonization, but it could account for as much as 5-7% of global CO2 emissions. It’s a tough-to-disrupt sector that faces unique challenges on the decarbonization journey: the sector must dramatically reduce emissions while increasing production to match growing demand for critical minerals needed for cleantech.
AI can tackle food waste and incorporate dietary needs into food-orders, reducing the 70Kg that each person in the UK produces annually. The world produces enough food for 16 billion people, yet nearly 40% of it is wasted. This waste not only impacts food security but also contributes to carbon emissions, making the food system the second-largest contributor to climate change.
The chemical industry is at a turning point. Executive leaders must navigate rising costs, stringent regulations, and increasing competition while seizing opportunities in sustainability. With major players like the ADNOC Group acquiring European assets to embrace sustainable technologies, the industry is shifting toward renewable feedstocks, circular economies, and decarbonization.