By Charles Sincock ,
ESG Advisory and Strategy Lead, Marsh Advisory
26/07/2023 · 2 minute read
Increased consumption has wide-ranging impacts in terms of risks related to climate change and biodiversity, key components of companies’ environmental, social, and governance (ESG) strategies. In fact, at present, consumption levels hamper the ability for many organisations to realise their ESG goals.
To facilitate the transition to a sustainable economy and mitigate exposure to ESG-related risks, it’s important to consider consumption when framing this narrative.
In this report, Charles Sincock, Marsh Advisory ESG & Strategy Lead, explores consumption trends from the perspective of global development and changing demographics. The report examines how business strategies are affected by this issue, and how organisations should identify, quantify, and mitigate the consequences of increased consumption.