03.09.2020 Views

Planet under Pressure

The 2020s are the make-or-break decade for Sustainability. But Covid-19 questions almost everything. How can we handle increasingly frequent shocks? What can a resilient society and economy that is in line with planetary boundaries look like? These and many other questions are discussed in the new 2020 edition of the Global Goals Yearbook titled “Planet under Pressure”. The Yearbook supports the UN Sustainable Development Goals and is one of the publications in strong international demand.

The 2020s are the make-or-break decade for Sustainability. But Covid-19 questions almost everything. How can we handle increasingly frequent shocks? What can a resilient society and economy that is in line with planetary boundaries look like? These and many other questions are discussed in the new 2020 edition of the Global Goals Yearbook titled “Planet under Pressure”. The Yearbook supports the UN Sustainable Development Goals and is one of the publications in strong international demand.

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REVIEW<br />

Another very successful workshop<br />

with lively participation asked: How<br />

resilient is your supply chain? Due to<br />

extreme weather events, intolerable<br />

working conditions, risks of human<br />

rights violations, the use of hazardous<br />

substances, etc. – sustainability is no<br />

longer a niche issue but an important<br />

reality in everyday business. It addresses<br />

central risks, but also opportunities in<br />

the value-creation process. No wonder<br />

that legislators, investors, consumers,<br />

and procurers of larger companies are<br />

paying more attention to compliance<br />

with environmental, human, and labor<br />

rights as well as questions of good<br />

corporate governance.<br />

In a globalized world with highly complex<br />

levels of production, compliance<br />

with these ESG criteria is becoming increasingly<br />

challenging and, at the same<br />

time, more critical for each company:<br />

The more that production steps and processes<br />

are relocated to the supply chains,<br />

the more that risks are outsourced.<br />

Digitalization and political uncertainties<br />

aggravate this development. Given<br />

the unique impacts and dependencies<br />

of ESG-related risks, this workshop discussed<br />

best practices and initiatives to<br />

develop (digital) solutions that help organizations<br />

better <strong>under</strong>stand the full<br />

spectrum of these risks and to manage<br />

and disclose them effectively. >><br />

Global Goals Yearbook 2020<br />

153

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