Are manufacturers ready to pay the price of sustainability?
The shift towards net zero relies significantly on the abundance of materials, particularly those that enable higher levels of sustainability without compromising on performance. Global legislation is putting considerable pressure on manufacturers, and consumer demand is now aligning with this trajectory. According to BCG, the demand for sustainable raw materials could exceed supply by as much as 133 million tons by 2030. Green premiums for environmentally friendly commodities are becoming more noticeable. Producers, while primarily concentrating on the CO2 intensity of these commodities for emission reduction goals, are increasingly recognizing the importance of other dimensions such as water consumption…