Four challenges of sustainable consumption

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According to World Economic Forum, there are four key challenges for sustainable consumption that businesses need to address

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Four challenges of sustainable consumption

  1. 1. Four Challenges of Sustainable Consumption World Economic Forum
  2. 2. The common goal <ul><li>&quot;To place sustainability and the vision of closed loop systems  and life cycle thinking at the heart of business models&quot; </li></ul>
  3. 3. Four Challenges Involving three stakeholders
  4. 4. Challenge 1: Engaging Consumers <ul><li>What does it take to mobilise people on sustainable consumption and how can this be done while creating long-term value and market relevance? </li></ul>
  5. 5. Challenge 2: Lifecycle Metrics <ul><li>How can companies identify strategic opportunities for tangible investments </li></ul><ul><li>through “lifecycle thinking” to enable closed loop business models? </li></ul>
  6. 6. Challenge 3: Exchanging Innovation <ul><li>How can innovation and sustainable </li></ul><ul><li>consumption build trust among key </li></ul><ul><li>stakeholders on how IP, know-how, </li></ul><ul><li>and technology can reinforce  sustainability strategies? </li></ul>
  7. 7. Challenge 4: Policies <ul><li>What could be the policies to accelerate appropriate business models and the business transition to “closed loops” strategies. </li></ul>
  8. 8. The 5 principles to address challenges <ul><ul><li>Innovation </li></ul></ul><ul><ul><li>Collaboration </li></ul></ul><ul><ul><li>Investment  </li></ul></ul><ul><ul><li>Values </li></ul></ul><ul><ul><li>Leadership </li></ul></ul>
  9. 9. Companies taking the lead on sustainability will be market makers rather than market takers.
  10. 10. Learn more... <ul><li>...about the sustainable consumption initiative at the Forum on our website: </li></ul><ul><li>www.weforum.org/DrivingSustainableConsumption, or by contacting: Randall Krantz,   </li></ul><ul><li>[email_address] </li></ul>

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