The report explores how continued natural erosion is weakening prospects for long-term economic prosperity. Asia Pacificnearly two-thirds of the region’s GDP is at risk of natural loss.
New York, January 25, 2023 /PRNewswire-PRWeb/ — The Eurasia Group and Suntory Holdings are proud to present a report that provides a path forward for companies in devising strategies around their nature.COP15 world. tackle the loss of nature Asia: The next sustainability challenge for companies Explore how nature’s continued erosion is weakening prospects for long-term economic prosperity Asia Pacificnearly two-thirds of the region’s GDP is at risk of natural loss.
The report is the culmination of a year-long project, the 2022 roundtable series examining the role of biodiversity in business today, and December 2022 We focus on business sustainability and connecting with a healthy, living planet.
This report is the result of the Sustainability Leaders Council, an initiative launched by Eurasia Group and Suntory in 2021. Asia As a major force for change in the areas of climate and sustainability.
“Now that the full report is out, we hope that companies, especially those in Asia, will see this as a challenge to act urgently and creatively,” Suntory’s CEO said. says. Taku Niinami“There are real risks here, but there are also real opportunities. Companies that take their responsibility to nature seriously are seeing risks turn into competitive gains, and that’s what I want to highlight in this report.” That’s it.”
“A healthy planet is essential for a company to sustainably thrive. This report shows that companies are not operating in isolation, not just for regulatory and reputational reasons, but for material and financial reasons. It makes it clear that we should be interested in biodiversity for a number of reasons.” Eurasia Group President Ian Bremmer“We are proud to partner with Suntory in this effort to chart a path that will help protect the natural ecosystems on which the company, its suppliers, investors and their customers depend. .”
You can find the full report hereHere are the main takeaways and recommendations:
Businesses have a slim chance of staying ahead of the competition if they act now to manage biodiversity risks. Environmental awareness is particularly high among Asian consumers, with 70% preferring to buy products from companies that respect biodiversity and people.most people in China (92%), Vietnam (93%), and Korea (85%) believe companies have a moral obligation to positively impact biodiversity and people through the sourcing of natural ingredients.
Some quotes naturally suggest positive business opportunities. Asia Pacific was able to generate $4.3 trillion By 2030, it will represent 14% of the region’s GDP.
Asian businesses, perhaps more than those on any other continent, rely heavily on the goods and services nature provides and are at risk of disruption from the loss of nature. For example, agriculture, fishing and forestry account for over 90% of his deforestation. Asia PacificThis includes the loss of 2.2 million hectares of tropical forest each year.
A recommended first step for companies is to conduct biodiversity screening to better understand where and how your company interacts with and impacts nature. This requires spending time identifying dependencies at the direct operational level and repeating the exercise incrementally throughout the value chain. For quicker wins for businesses, report.
Contact us for more information or to schedule an interview with one of the report’s authors. firstname.lastname@example.org.
About Eurasia Group
Eurasia Group is the world’s leading global political risk firm. Its expertise includes developed and developing countries, specific economic sectors, and future business and investment areas in all regions of the world. With best-in-class advisory and consulting offerings, in addition to GZERO Media, the Eurasia Group umbrella offers a complete political risk solution to the market. “Politics first” is the foundation of the company’s work. It is the lens through which the Eurasian Group sees the world, shaping an analysis free of political bias and the influence of private interests.
About Suntory Holdings
As a global leader in the beverage industry, the Suntory Group offers an unparalleled range of products, from premium spirits, beer and wine, to freshly brewed teas, bottled water, carbonated beverages, ready-to-drink coffee and energy drinks. We offer a diverse product portfolio. health and wellness products. Suntory is home to award-winning Japanese whiskeys Yamazaki, Hibiki and Hakushu, and iconic American spirits Jim Beam and Maker’s Mark. Suntory also dazzles taste buds with The Premium Malt’s beer, and owns Tomi, an outstanding Japanese wine, and a world-renowned chateau. LagrangeIts brand collection also includes Sauza Tequila, popular non-alcoholic products Orangina, Lucozado, Ribena, BOSS Coffee, Iemon Green Tea, Suntory Tennensui, TEA+ Oolong Tea, V, BRAND’S, and popular health food Sesamin EX. will be
Founded in 1899 as a family owned company. Osaka, Japanthe Suntory Group has grown into a global company with operations throughout the Americas, Europe, Africa, Asiaand Oceania annual sales (excluding excise tax) $19.8 billion Driven by the spirit of bold ambition, “Yatte Minahare”, Suntory’s 40,275 employees around the world draw on a unique blend of Japanese craftsmanship and global taste. to develop new product categories and markets.
As a company that delivers the blessings of water and nature to our customers, Suntory’s mission is to coexist harmoniously with people and nature. Suntory always aims to grow in a positive direction and is dedicated to giving back to society through the protection of water resources, the development of local communities, and the development of the arts.
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Source Eurasia Group