BSR Insight | KPMG Report Picks 10 Sustainability ‘Megaforces’
Population growth, material resource scarcity, climate change, and energy and fuel are among the issues in sustainability that could have significant impact on the business landscape over the next 20 years, according to a recent report by KPMG International. The “Expect the Unexpected: Building Business Value in a Changing World” report outlines 10 global sustainability “megaforces” that are putting the world on a development trajectory that is “not sustainable.” Others on the list include water scarcity, wealth, urbanization, food security, ecosystem decline, and deforestation. (The report is 180 pages; the executive summary is here.) The report notes that all of these forces are interconnected, and insists that in order to manage the risks, businesses must use a systems thinking approach that addresses the ways megaforces relate to each other. Specific recommendations include: * Companies should turn strategic plans into ambitious targets and actions for sustainability supply chain management. * Companies should seek collaboration with business partners on sustainability issues. * Governments should increase collaboration with the private sector.
Topics
Climate Change, Ecosystem Services, Energy, Environment, Financial Services, Food, Beverage & Agriculture, Land Use & Biodiversity, Strategy & Integration, Sustainable Consumption, Water
Related Content
Sustainable Investment in China article: As Environmental Protests Increase, New Implications for Business and Investment
BSR Insight: Sustainable Procurement in Practice: AT&T, Best Buy, and Dell
Share Your Thoughts
Please note, all comments are subject to moderation.