Supply Chain Scores High on Sustainability but Low on Labor Issues

For the first time, RMI has examined the vast potential for resource recycling in China and shown how it can serve as an important component of reaching the nation’s zero-carbon goal. Growing the Circular Economy: Opportunities for Resource Recycling under China’s Carbon-Neutrality Target [PDF] quantifies the market opportunity across nine key segments, from scrap steel and plastics to biomass and EV batteries, finding a ¥2.8 trillion potential market in 2050. The report provides a qualitative analysis of each of these segments, looking at the current state of the market and addressing issues such as resource availability, existing policy supports, and the potential for greenhouse gas mitigation. It also explores how the development of resource recycling industries can help to shift business ecosystems towards a circular economy with greater efficiency, lower emissions, and reduced waste.

At a time of increasing interest in enhanced and evolving sustainability disclosures and broad-based agreement on the immediate need for an established set of collaborative global sustainability reporting standards to supersede the numerous and non-mandatory reporting frameworks which currently exist, being responsive to stakeholder disclosure demands is challenging. However, many companies recognize the need for more robust disclosure to underscore the ability of their businesses to create long term sustainable value. Join BDO and our guests, Bob Hirth, Vice Chair of the SASB, and Andrew Buchanan, BDO Global Head of IFRS and Corporate Reporting, as we discuss the current and future state of corporate reporting from both a global and a U.S.-based lens.