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September 14, 2020

Carbon Emissions in FMCG: Timeline

It has been more than seven decades since the UN made the first resolution on human rights. Corporate sustainability has come a long way since, as organisations strive to tackle challenges around the environment, society, and governance.

By GlobalData Thematic Research

As sustainability has evolved, environmental challenges such as carbon emissions and climate change, have tended to be the focus. Companies have realised that effective handling of CO2 emissions and other environmental challenges will provide long-term sustenance.

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What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?

While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
  • What is the effect of lockdowns on foodservice?
  • What is the effect of lockdowns on Chinese ports?
  • Spotlight on Shanghai: what is the situation there?
  • How have Chinese consumers reacted?
  • How might the Chinese government react?
  • What are the potential growth opportunities?
by GlobalData
Enter your details here to receive your free Whitepaper.

Timeline

Listed below are the major milestones in the journey of the carbon emissions theme, as identified by GlobalData.

1948 – The UN adopted the Universal Declaration of Human Rights.

1995 – The World Trade Organization (WTO) was established, covering trade topics such as the impact of trade opening on climate change.

1999 – The Dow Jones Sustainability Index was launched.

2005 – The Kyoto Protocol, aimed at greenhouse gas emissions, became international law.

2009 – China overtook the US as the world’s largest emitter of greenhouse gases (GHGs).

2010 – Unilever launched the Unilever Sustainable Living Plan (USLP).

2010 – The World Business Council for Sustainable Development introduced its Vision 2050 study.

2013 – Coca-Cola set a goal to reduce the carbon footprint of the “drink in your hand” by 25% by 2020.

2016 – The Paris Agreement was signed.

2016 – The UN launched its 17 Sustainable Development Goals (SDGs).

2017 – The USA withdrew from the Paris Agreement.

2018 – Heineken announced “Drop the C” programme for renewable energy.

2019 – The UK launched its Green Finance Strategy.

2019 – Danone announced that four of its water brands have committed to achieving net zero carbon emissions by 2020, 2025, 2025, and 2030 respectively.

2023 – The implementation of the Paris Agreement by member countries will be evaluated for the first time.

2030 – Deadline to achieve all 17 of the UN’s SDGs.

2030 – India to be a 100% electric vehicle nation.

2050 – The deadline for Europe to become carbon neutral.

This is an edited extract from the Carbon Emissions in FMCG – Thematic Research report produced by GlobalData Thematic Research.

Free Whitepaper
img

What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?

While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
  • What is the effect of lockdowns on foodservice?
  • What is the effect of lockdowns on Chinese ports?
  • Spotlight on Shanghai: what is the situation there?
  • How have Chinese consumers reacted?
  • How might the Chinese government react?
  • What are the potential growth opportunities?
by GlobalData
Enter your details here to receive your free Whitepaper.

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