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Sustainability taxonomies are becoming central to the regulatory landscape, defining and classifying sustainable economic activities. Properly leveraging these frameworks is crucial for companies to align with governmental sustainable development priorities and to attract capital. In response to growing corporate needs for understanding and aligning with taxonomies, WBCSD, in collaboration with Deloitte, presents the first paper in the ¡°Harnessing Sustainability Taxonomies¡± series. This comprehensive report addresses the proliferation of over 50 global sustainability taxonomies, exploring their development, implementation challenges, and potential improvements. Despite the complexity and fragmentation in the current landscape, most taxonomies share common components: clear scope, objectives, eligibility, and performance criteria. Understanding these elements is essential for companies to align their operations with regulatory expectations, enhance market confidence and engage with the capital markets on their sustainability performance. Key insights from the paper include: ¡ß Inception and Evolution: The majority of sustainability taxonomies are relatively new, with many either under 24 months old or still in development. ¡ß Mandatory Shift: A trend towards mandatory sustainability taxonomies is emerging, impacting economic activities globally. ¡ß Economic and Social Significance: These taxonomies influence significant portions of the global GDP and are increasingly incorporating social objectives alongside environmental goals. Ãâó: https://bityl.co/REjZ ÷ºÎÆÄÀÏ: https://ggle.io/6iB4
2024.08.22
È­ÇÐ »ê¾÷À» À§ÇÑ ¼øȯ°æÁ¦ Àüȯ ÁöÇ¥(CTI) - ¼øȯ °æÁ¦ °¡¼ÓÈ­¸¦ À§ÇÑ ÁöÇ¥ È°¿ë °¡À̵å
With 95% of all manufactured products & materials relying on chemicals processes, the industry is in a unique position to catalyze the transition to a circular economy. Yet, today the chemical industry operates predominately in the linear economy. While to date, six out of nine planetary boundaries transgressed and 90% of global nature loss is linked with resource extraction, there is an urgent need to decouple resource consumption from value creation. This requires a transformation allowing companies in all value chains to harness the power of chemistry for their circular transition. In this context, effectively and consistently measuring circularity is essential. This report aims at harmonizing practices in the Chemical Industry and disseminates best practices. It leverages the Circular Transition Indicators v4.0 as a universal language of circular performance and accountability, and focuses on material circularity as the foundation for circular performance measurement. The report is an outcome of a collaboration with leading companies of WBCSD Circular Chemicals Group and provides guidance to apply CTI considering the unique challenges of the chemical industry. This report is directed to all stakeholders in the chemical industry and chemically intensive value chains to support the development and implementation of the building blocks for a Circular Economy by measuring the impact of their circular strategies. It has been designed to provide them with: ¡Ü Guidance on measuring circularity for chemicals ¡Ü A common approach to consider for emerging technologies in circular metrics ¡Ü Emerging and best practices to foster development of circular solutions in the industry ¡Ü Insights to common industry challenges. Ãâó: https://ggle.io/6ivb ÷ºÎÆÄÀÏ: https://ggle.io/6ivV
2024.08.22
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