Unilever’s Post

A key segment to growth of GDP has been businesses. But what happens when there are pricing distortions, monopolies, information asymmetries, and market distortions? Pricing distortions lead to overconsumption of goods and services that have a significant environmental footprint (e.g., resource extraction, manufacturing, transportation, waste generation), it can place additional burdens on the planet's ecosystems and natural resources. Inflated prices give consumers false purchasing power, leading to overconsumption of clothing, food and resources  contributing to greenhouse gas emissions, pollution, straining the planet's carrying capacity. This is the the major reason why there's excessive amount of waste generated in the system. Production is far exceeding consumption, recycle systems are inefficient and it's driving further strains on the planet. Because this is not a service based sector and today many such domains are earning quite the potential. Earlier it has been a key factor in impacting the planet and hence the medical costs that rose up. And yet there is neither carbon taxes, or carbon labelling nor people being aware about the impacts. But to an extent, the rises in medical & health issues became a significant factor in slowing that down, which again needed supplies and machinery to maintain. But it is interconnected. Technology, business, medicine, and the planet connectedly. Had materials been sustainable, or had the ecosystem not been fossil driven, or financially gamified to an extent that it became a power tussle, things would have been different. Neither there's enough recycling done. It's like drain the planet, monetize it, crap it out. And there's to be honest, more than enough for everyone. But no, it's all about ownership. Rentals, investments, would have helped people realize that a circular economy can't be with the linear disruption model we are in. We need carbon tax or a system that can see the impact of its actions. #pricingdistortion #informationasymmetrics #carbonlabelling #carbontax

Do you know that it is possible to reduce emissions while growing the economy. 1. Historically, there has been a strong correlation between CO2 emissions and economic prosperity. As countries become wealthier, they tend to emit more CO2 due to increased energy consumption, often derived from burning fossil fuels.    2. However, many countries, including the UK, have successfully decoupled economic growth from CO2 emissions. This means that while their GDP has increased significantly over the past few decades, their emissions have decreased.    3. Several countries, such as France, Germany, Sweden, and others, have also achieved this decoupling, with GDP growth and CO2 emission reductions being evident.    4. The decoupling between economic growth and CO2 emissions has become more pronounced since the early 2000s, with some countries even managing to keep total energy use flat or reduce it while growing economically.    5. One significant reason for the decrease in emissions is the shift towards using low-carbon energy sources, replacing fossil fuels. This transition has allowed for continued economic growth without the accompanying rise in emissions.    6. It is highlighted that the reduction in emissions in richer countries was not solely due to offshoring production overseas but rather a genuine shift towards low-carbon energy sources domestically.    7. The decline in the cost of low-carbon technologies has made the acceleration of decarbonization more achievable, raising the hope for a faster reduction in emissions globally.    8. The data provided supports the notion that economic growth and emission reduction are not incompatible and can be achieved simultaneously with the right measures and technology adoption.    These points emphasize the feasibility and importance of decoupling economic growth from CO2 emissions for sustainable development and combating climate change.   #climatechange #reduceGHGemissions #arewedoingenoughtosaveourplanet Are you the one who want to know more and passionate about Sustainable development and its advantage for our futures: Join our Sustainability community group:https://lnkd.in/dWiqZxja Also follow the #arewedoingenoughtosaveourplanet

Planet Tracker finds that major FMCG firms are falling short in their plans to tackle their carbion enissions and related risks, jeapordising future profitability. > 30% of Colgate-Palmolive’s operating income is at risk. > Rising to 51% for P&G. > 14% for Unilever. Key issue: Poor plans for scope 3 emissions and lack of preparation for potential carbon pricing mechanisms and other regulatory deterrents in the works for corporate emissions. Call to action: Investors to press for stronger climate-related transition planning and disclosures, which can help to minimise risk in the future. https://lnkd.in/eFW2cXTg?

More than 50% of the world’s GDP is moderately or highly dependent on nature and its services. Despite this dependency, businesses in all sectors and geographies have negative impacts on nature, causing it to degrade faster than it can regenerate. In collaboration with the World Economic Forum, we set out priority actions for companies in the chemicals sector, cement and concrete sector, and household and personal care products sector to reduce their negative impacts on nature and unlock opportunities across value chains. #NaturePositive #ClimateAction

More than 50% of the world’s GDP is moderately or highly dependent on nature and its services. Despite this dependency, businesses in all sectors and geographies have negative impacts on nature, causing it to degrade faster than it can regenerate. In collaboration with the World Economic Forum, we set out priority actions for companies in the chemicals sector, cement and concrete sector, and household and personal care products sector to reduce their negative impacts on nature and unlock opportunities across value chains. #NaturePositive #ClimateAction

More than 50% of the world’s GDP is moderately or highly dependent on nature and its services. Despite this dependency, businesses in all sectors and geographies have negative impacts on nature, causing it to degrade faster than it can regenerate. In collaboration with the World Economic Forum, we set out priority actions for companies in the chemicals sector, cement and concrete sector, and household and personal care products sector to reduce their negative impacts on nature and unlock opportunities across value chains. #NaturePositive #ClimateAction

As temperatures continue to soar, the transition to a Net Zero economy has never been more critical. Our Head of Commercial Banking Sustainability, Rob King, delves into the developments we are seeing in the sustainable finance market and what this means for businesses. Find out more https://lnkd.in/db9WHsrM Today we finance a number of industries that significantly contribute to greenhouse gas emissions. We have a strategy to help our customers to reduce their emissions and to reduce our own. For more information visit https://grp.hsbc/6042uTTuu

As temperatures continue to soar, the transition to a Net Zero economy has never been more critical. Our Head of Commercial Banking Sustainability, Rob King, delves into the developments we are seeing in the sustainable finance market and what this means for businesses. Find out more https://lnkd.in/eGMgE56g Today we finance a number of industries that significantly contribute to greenhouse gas emissions. We have a strategy to help our customers to reduce their emissions and to reduce our own. For more information visit https://grp.hsbc/6043uVerS

As temperatures continue to soar, the transition to a Net Zero economy has never been more critical. Our Head of Commercial Banking Sustainability, Rob King, delves into the developments we are seeing in the sustainable finance market and what this means for businesses. Find out more https://lnkd.in/ehrv7C2u Today we finance a number of industries that significantly contribute to greenhouse gas emissions. We have a strategy to help our customers to reduce their emissions and to reduce our own. For more information visit https://grp.hsbc/6042uriUi

The Blue Economy issues start here...Waste. Here are important areas to take action in, we can all make a difference, and we should. https://lnkd.in/eSUKyC6q