Insight
Title:
Climate change and resource depletion
Description:
- As the world becomes more populous, urbanised and prosperous, demand for energy, food and water will rise. But the Earth has a finite amount of natural resources to satisfy this demand. (Source: Megatrends - Issues - PwC UK)
- ESG has become a dominant consideration for many industries. However, there is not pushback from the likes of BlackRock chairman Larry Fink that the term has become weaponised. (Source: BlackRock CEO Larry Fink drops use of term 'ESG' | Sustainable Investment)
- The most immediate impacts seem to be more extreme weather events with more noticeable impacts on business continuity and logistics.
PESTEL:
Environmental