SGOL: Climate Change, Plastic Recycling and Sustainability Bonuses

In the first episode of the new Sustainable Growth Out Loud podcast, the SG Voice team discuss how half of all UK businesses have reported being impacted by the effects of climate change, according to new research from risk management and insurance broker Gallagher. The insurance industry has always used the past to guide the future, but the dynamics are changing now that we enter uncharted territory.

Another point of discussion is the Yes Recycling plant in Glenrothes, Scotland, which seemingly got off a great start, with giants such as Nestlé and Morrisons investing in its technology to turn hard-to-recycle plastics into valuable products. But the facility entered into administration only two months after its opening, as it didn’t receive enough waste to meet its capacity targets, highlighting that technology isn’t enough if it isn’t supported by an enabling environment.

Finally, linking top executive bonuses to achieving ESG targets is widely regarded as an effective measure to advance a company’s sustainability goals. So why is the fashion industry, known for its huge impacts on people and the planet, not changing its remuneration policies?

 

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Sustainable Growth Voice shines a light on sustainable innovation and transformation that enables the changes we need. SG Voice is a trusted source of breaking news and insight on all things around sustainability in business. 

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