Businesses can use a new UN report’s roadmap to achieve true sustainability
Every day brings new information on how vulnerable our natural ecosystems are and the effects that extractive industrial activity is having on them.
This situation has existed for at least as long as the non-profit Club of Rome warned us that endless economic expansion and fast demographic change are incompatible with life on Earth back in 1972.
Today’s circumstance is considerably worse. The environmental advancement of the last three decades has not been sufficient to address the problems posed by climate change, in spite of multiple historical summits and innumerable promises to make economic activity more compatible with the capacities of our planet.
While greenhouse gas emissions into the atmosphere have frequently been the focus of climate action,We are only now beginning to understand how industrial and human activity contribute to the decline in biodiversity.By limiting Earth’s capacity to defend and restore itself, declining biodiversity is accelerating climate change. There are innumerable benefits that biodiversity offers us, yet the fact remains that we depend on nature more than it depends on us.
We think a paradigm shift is feasible, and a key component of it will be the incorporation of real sustainability thinking into corporate practices. Yet, for this strategy to be effective, it must also be sincere and honest.Released in November 2022, this report represents the first comprehensive guide to using planetary limits as a reference point in business-oriented sustainability reporting. Planetary limits set boundaries that humanity can safely develop and live within, without depleting Earth’s resources.
The report is the culmination of more than four years of research, consultation and advocacy for a new generation of accountability tools. It is, at its simplest, a commitment to bring organizational sustainability assessment into a new era of authenticity.
At its core, the report argues that current business practices are inauthentic and insufficient for achieving true sustainability.