GCC News: How a circular economy could save the GCC $138bn by 2030

The success of the BMW Group has always been based on long-term thinking and responsible action. The company has therefore established environmental and social sustainability throughout its value chain and made comprehensive product responsibility and a clear commitment to conserving resources an integral part of its strategy. Our aim is for the greenest electric vehicle to come from the BMW Group. To achieve this, we are working with the best suppliers worldwide and have set ourselves ambitious goals: We aim to reduce CO2 emissions in our supplier network by 20% by 2030. At the same time, we contractually require our high environmental and social standards to be met not only by our direct suppliers, but throughout the entire supplier network. We monitor this via audits and using various digital tools. The use of recycled raw materials will also become increasingly important.

With more and more companies making the shift towards becoming more environmentally conscious, “sustainability” has become a buzzword that they use to promote these ideals. Though it is all over the place, sadly some parts of the population are still unaware of what being sustainable truly means. As such, this means they are unable to take concrete steps towards it themselves or make decisions that would benefit the environment.
Read the full article at: businessmirror.com.ph