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1、2024 Update It is no longer a question of whether a transformation towards global sustainable resource consumption and production is necessary,but one of how to make it happenGlobal Resources Outlook 2024:Implications for Business BUSINESS BRIEFWHATS INSIDE?The Global Resources Outlook 2024 Key Mess
2、ages What It Means for Business?How Business Can Act2Global Resources Outlook 2024:Implications for BusinessGlobal Resources Outlook 2024:Implications for Business2IntroductionThe GRO represents the most comprehensive assessment of global material flows,emphasizing the urgent need for transformative
3、 action.It provides valuable insights for CEOs and boards to decouple value creation from resource consumption,unlocking new profit avenues and enhancing resilience.By integrating circular economy practices into business models and value chains,companies can lead systemic change,driving demand signa
4、ls for sustainable resource management and fostering collaboration for a healthier planet.During the sixth United Nations Environment Assembly(UNEA6)on March 1st,the International Resource Panels flagship report,the Global Resources1 Outlook 2024(GRO)was revealed,highlighting the alarming rise in ma
5、terial extraction over the past 50 years,fueling the triple planetary crisis.The full report can be viewed here.As natural resource demand surges,businesses face a critical imperative to optimize resource productivity and resilience.Embracing sustainable resource management and circular economy prin
6、ciples offers a pathway to decarbonization,nature protection,and just transitions,presenting significant opportunities for businesses to shape future-proof models and alliances.1 Resources as defined by the GRO24 including land,water and materials are seen as parts of the natural world that can be u