Written by ING
Looking back, 2020 was a wake-up call for corporates, investors and governments alike. Not only were they dealing with the impact of lockdowns, supply chain disruptions and loss of business, but the year was also marked by social unrest and extreme weather events – systematic risks that could have been foreseen. To prevent this from happening in the future, it’s imperative to move even faster and further on sustainability initiatives.
“It is now or never for the world to solve the climate crisis. We have 10 years, at best, and that is not a lot of time. The pandemic has only reinforced our resolve for the speed and breadth of what we need to do on sustainability,” said PepsiCo’s Roberta Barbieri, VP Global Sustainability, who contributed to the report.
At the same time, there must be greater transparency about progress and performance and stronger accountability to ensure commitments are met.
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