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After the Davos Agenda: what to expect for 2021

As the Davos Agenda week drew to a close, WBCSD President and CEO Peter Bakker reflected on the agenda of the week and the developments which clearly illustrate that the integration of sustainability in the economic agenda globally has finally made it to Davos. “Sustainability is no longer about giving back or about a side show, but that it is placed squarely at the heart of the meetings. It also makes the mission of WBCSD so clear: As leaders go to Davos to talk about sustainability, they will look at WBCSD to help getting things done.”

 
 
 
 

Vision 2050 launch event on 25 March

Join us on 25 March at the launch of Vision 2050 – a newly refreshed and ambitious agenda for business action and long-term value creation to create a world where 9+ billion people live well within planetary boundaries. Built in conjunction with 40 member companies, Vision 2050 focuses substantially on the period 2020-2030 and the urgent business actions that will be needed in the critical decade to come to make our vision a reality.

 
 
 
 

Launch of the Circular Transition Indicators 2.0

Shaped together with 30 companies, CTI 2.0 supports the business need for a universal and consistent way to measure its circularity. The CTI framework is simple, applicable across industries and value chains, comprehensive yet flexible, complementary to a company’s existing sustainability efforts and agnostic as to material, sector or technology. The second version brings three main additions in the existing methodology: new water circularity metrics, a new indicator on circular financial performance and extensive guidance on the bioeconomy across all indicators and process steps.

 
 
 
 

New reports propose common measures for circularity and cost-effective material decarbonization in the automotive industry

The Circular Cars Initiative (CCI) – a joint WBCSD and WEF initiative with the overarching ambition to align the automotive industry with a 1.5-degrees scenario - launched two new reports highlighting concrete and collaborative actions for business and policymakers to increase circularity and reduce emissions in the automotive industry. The reports outline pathways and common measures of circularity that can improve the efficiency of car manufacture and use and accelerate decarbonization of materials.

 
 
 
 

Ride-hailing platforms will lead the global electric vehicles transition

The continued growth of the ride-hailing industry can make mobility convenient and affordable – but it can also result in increased CO2 emissions and pollution. Replacing ride-hailing cars with electric vehicles (EVs) could significantly cut emissions and, in most large cities, electric ride-hailing is already economically viable. In this article, Jasmeet Khurana explains why the ride-hailing market offers unique opportunities to maximize the environmental and financial benefits that EVs can provide.

 
 
 
 

Six ways to unleash the potential of natural climate solutions

Justin Adams (Executive Director, Tropical Forest Alliance, World Economic Forum) and Claire O’Neill (Managing Director of Climate and Energy, WBCSD) delve into the potential of natural climate solutions and the growing private sector interest in managing our twin environmental crises: the accelerating destruction of nature and climate change. Natural climate solutions are fundamental to solving both challenges – but they are being held back in various ways.

 
 
 
 

Business summary of the Dasgupta Review on the Economics of Biodiversity

Today, the UK Government launched the Dasgupta Review on the Economics of Biodiversity. This independent review was commissioned by the UK Treasury to shape the international response to biodiversity loss and inform global action from all stakeholders. The business summary highlights the main points from the Dasgupta Review relevant to business and puts it in the context of other landmark reports, global policy events and frameworks related to the biodiversity and climate agendas.

 
 
 
 

The impact of COVID-19 on food supply chains: challenges and opportunities for the private sector

This issue brief is the outcome of work carried out as part of WBCSD’s COVID-19 Response Program. The analysis and resulting recommendations are based on an extensive literature review and unique insights from our project teams, members and partners across the food and agriculture value chain in geographic hot spots.

 
 
 
 

New report highlights the opportunities for business through digital services for farmers

This short interim report draws on the finding of the Investment Blueprint working group on financial sustainability and public-private partnerships, led by WBCSD. The report highlights opportunities for the private sector in DCAS, including how to implement financially sustainable business models and recommendations for business.

 
 
 
 

Reconnecting with nature through the circular bioeconomy – and forests

The forest sector lies at the heart of a transition to a low-carbon circular bioeconomy. Wood is a key source of biomass, alongside biomass from agriculture and aquaculture. As a renewable and versatile raw material, wood is turned into numerous products, thereby passing on its remarkable sustainable attributes. Our colleague Angela Graham-Brown dives into what a circular bioeconomy looks like and explains the role of the forest sector on our road to net zero.

 
 
 
 

Everything a company needs to communicate on sustainability with investors

This new hub of information and practical tools is for companies wanting to maximize the efficiency and effectiveness of their sustainability communications to investors. Developed by SRI-Connect with WBCSD, the site provides resources, case studies, FAQs and a directory of service providers to support and empower CSR/sustainability and IR managers. To share a case study of your firm's best practice, to take advantage of WBCSD's subsidized sustainable investor access product or simply to discuss next steps for your firm, contact Cathy Norbury at SRI-Connect - cathy.norbury@sri-connect.com.

 
 
 
 

Positive outlook for corporate renewable PPAs accelerating India’s energy transition

WBCSD’s new report shows that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. Companies in India are playing a key role in setting and implementing the country’s ambitious decarbonization trajectory, by driving deployment of renewable technologies through their purchase of renewable power.

 
 
 
 

Keys to strengthen Human Rights Due Diligence in global supply chains

Human rights due diligence is a crucial means to manage risks in corporate supply chains. Making robust human rights due diligence part of standard business practice is key to advancing corporate respect for human rights and to achieving the SDGs. Ensuring that human rights are integrated into business planning will also be critical to the success of building forward better from the COVID-19 pandemic. In this light, the Geneva Centre for Business and Human Rights, the International Chamber of Commerce and WBCSD jointly hosted an online panel discussion commemorating International Human Rights Day by discussing the challenges and concrete solutions to implement human rights due diligence in complex, global business operations.

 
 
 
 

Podcast – The Sustainable Development Goals: from rainbow washing to transforming the world

Stora Enso podcast featuring a discussion on the critical role in contrbuting to the SDGs, and reflecting on business ambition as opposed to “rainbow washing” – using the SDGs as colorful logos with no meaningful action. Guesting this are: Antti Marjokorpi, Head of Forests, Plantations, and Land Use Sustainability at Stora Enso; Anna Kruip, Manager Environment and Climate at UN Global Compact; and Filippo Veglio, Managing Director at WBCSD.

 
 
 

Member spotlights

Check out our spotlight on members' activities and announcements:

Last but not least, congratulations to Jo Da Silva OBE, Global Sustainable Development Leader at Arup and WBCSD Liaison Delegate, who was appointed Dame in New Year Honours.

 
 

Events & webinars

We Value Nature 10-Day Challenge event: Practical sessions and activities for naturally-smarter businesses
From 11 to 24 March 2021, We Value Nature and its partners, including WBCSD, will be running a 10-Day Challenge event consisting of practical sessions, events and activities to help your company take the next steps and advance on your nature journey. The event is open to anyone, so whether you are at the beginning of your nature journey, or you have already undertaken a natural capital assessment, there will be sessions and challenges for you!

Join us at the invitation-only GreenBiz 21 online event (9-11 February). Join more than 1,500 professionals for three days of inspiring sessions and unique networking opportunities. Learn more and request an invitation.

The invitation-only GreenFin 21 online event (13-14 April) is the premier ESG event aligning the sustainability, finance and investment communities in the US. Join for two days of sessions that will improve communication, align investor expectations with corporate needs and impactful showcase sustainable financial products and services. Request an invitation here.

 
 
 
   
 
World Business Council for Sustainable Development