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Environmental, Social, and Governance (ESG) metrics have emerged as critical tools for companies to measure and communicate their sustainability efforts. These metrics are increasingly influencing business decision-making and thus shaping corporate reputation in a way that impacts customer loyalty and financial performance.
For example, Unilever is working towards making all of its plastic packaging recyclable, reusable, or compostable by 2030. Companies are adopting various strategies to make their logistics more efficient and environmentally friendly. The company is also investing in refillable packaging systems to cut down on single-use plastics.
According to a 2016 report from the UNEP-hosted International Resource Panel , water demand will outstrip supply by 40% by 2030. Organizations are also using these tools to improve maintenance, infrastructure planning, water conservation, and customer service (including repair efficiencies and pricing). And demand is increasing.
link] Most economists hold a belief that a more efficient workforce leads to competitive advantage and lowers the costs of goods and services. It is projected by 2030 in the US and Europe that the time spent during a workweek will on information technology and programming tasks increase the most.
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