New Zealand: Proactively Preparing for a More Sustainable Future
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New Zealand is proactively preparing for a more sustainable future by investing in greenhouse gas footprinting and life cycle management. The Ministry of Agriculture and Forestry has developed a greenhouse gas footprinting strategy to measure, manage, and mitigate emissions in supply chains. This involves engaging internationally on standards, addressing knowledge gaps, and working with sectors to develop footprinting methodologies. Life cycle management can help New Zealand producers improve sustainability and respond to demands for environmental product information.
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New Zealand | Future Technology
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Climate change and the depletion of natural resources have made it inopinently urgent to move away from the traditional linear economy models used to date.
For some years now, companies have been experiencing increasing pressure from markets, investors and employees themselves to adapt their business models to those inherent in the circular economy: a way of doing business that aims to keep resources in use as long as possible in production cycles and whose products and materials are recovered and regenerated at the end of their life cycle.
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Approaching high uncertainty contexts such as the one described, with traditional ways, severely limits the chances of harvesting all the available value, as well as not breaking the dangerous spiral we find ourselves in.
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