Photo credit: Georgina Smith/UNEP / 03 Feb 2021
8 February 2021 (UNEP) Companies that ignore their impact on the environment don’t just alienate customers and turn off investors. Ultimately, says a new business brief from the United Nations Environment Programme (UNEP), they face “existential challenges”.
The
GEO for Business brief,
Adapt to Survive: Business transformation in a time of uncertainty calls on businesses to dramatically reduce their environmental footprints. Failure to make the transformation, it warns, is a risk to their survival.
A how-to guide for businesses looking to transition to more sustainable practices and operations, the brief, which is the first of a series, builds on UNEP’s flagship report, the Global Environment Outlook 6 (GEO-6), a 2019 scientific study that examined the health of the planet. According to the brief, unless the world slashes the environmental degradation caused by energy, food and waste systems, many of the earth’s natu