The sustainability consulting market has experienced significant growth in recent years. This growth reflects a fundamental shift in the business landscape, where sustainability considerations are becoming central to corporate strategies and decision-making.
According to the latest research by Verdantix, it is expected to grow to $16 billion by 2027. ESG and sustainability consulting market will grow at a compound annual growth rate (CAGR) of 17% per year until the end of 2027. This means that the market will have grown a total of 156% from its 2021 size.
What is the sustainability consulting market?
The sustainability consulting market refers to the market that help organizations integrate sustainability principles and practices into their operations, strategies, and decision-making processes. Specifically, the market provides strategy and planning, technical support, testing, auditing and verification, sustainability marketing, supply chain sustainability, reporting and disclosure, and social and community impact consulting.
Some factors contributing to this trend include:
Regulatory Pressure:
Governments worldwide have been implementing stricter environmental regulations and policies to address climate change and other sustainability challenges. Businesses require assistance in understanding and complying with these regulations, further driving the demand for sustainability consultants.
Investor Demand:
Investors have been paying more attention to environmental, social, and governance (ESG) factors when making investment decisions. Companies that demonstrate a commitment to sustainability are often seen as more attractive investment opportunities. As a result, businesses have sought guidance from sustainability consultants to improve their ESG performance.
Corporate Sustainability Commitments:
Many companies have been adopting sustainability goals and seeking ways to reduce their environmental impact. This has led to an increased demand for sustainability consultants who can help businesses develop and implement sustainable practices.
Sustainability consulting offers a dynamic and diverse work environment. Each project presents unique challenges, requiring you to think creatively and innovatively to develop tailored solutions for clients across various industries.
Expand your knowledge, branding, and resources in one of the most dynamic business fields globally and generate additional revenues, by becoming a Certified Sustainability Consultant.
For more information on benefits, criteria, and annual consultant fees, reach us at [email protected].
During the last couple of years, regulators have been making serious efforts to end the greenwashing era.
Greenwashing misleads market actors and downgrades the efforts of the companies that truly want to green their products and activities. It poses several risks to consumers, businesses, and the environment. While companies engage in greenwashing to create a positive public image and attract environmentally conscious consumers, the deceptive practices can have significant negative consequences.
The IFRS Sustainability Disclosure Standards
The International Sustainability Standards Board (ISSB) issued its first two IFRS Sustainability Disclosure Standards in June 2023. The new ISSB’s rules are backed by the G20 and aim to increase the pressure on companies to disclose their environmental impact. The disclosure requirements have been designed with anti-greenwashing prospects.
TheGreen Claims Directive
Earlier this year, the European Commission presented a new legislation: the Green Claims Directive. It aims to establish the first set of detailed EU rules for the substantiation of voluntary green claims and regulate the use of environmental claims in marketing communications in Europe.
The proposed requirements find application to the vast majority of EU operating companies, from SMEs to large public companies. Companies based outside the EU that target EU consumers are also included.
The Green Guides by the US Federal Trade Commission (FTC)
The US FTC has turned its focus on greenwashing. In December 2022, it launched a review of the “Guides for the Use of Environmental Claims” (“Green Guides”). The Green Guides were first issued about 30 years ago, but new rules are expected to be in place by the year’s end.
UK CMA’s Green Claims Code
The UK’s Competition & Markets Authority (CMA) has already taken its first action against greenwashing in 2021 with the Green Claims Code. In January 2022, it additionally launched a sector‑by‑sector review of misleading environmental claims, starting from the fashion. In the beginning of 2023, the CMA expanded its investigation to more sectors.
The Australian Securities and Investments Commission (ASIC) priorities
Greenwashing is the new area of focus for ASIC. In May, the commission published a report, indicating its intention on surveilling possible greenwashing activities. The four core areas of concern were:
net zero’ statements and targets
use of terms such as ‘carbon neutral’, ‘clean’ or ‘green’
fund labels
scope and application of investment exclusions and screens
Moreover, the ASIC published an information sheet last year, providing a detailed guide of principles to follow when making, offering or promoting sustainability-related products.
From “carbon neutral” to “nature positive” and “environmentally friendly”, companies and agencies are now in the spotlight of unspecific claims. Particularly, climate-related claims are prone to being unclear and ambiguous.
Online Certificate on Green (Sustainable) Marketing
To address all the latest green claims issues, the Sustainability Academy has introduced a brand-new course, the Online Certificate on Green (Sustainable) Marketing. The course provides an overview of key issues and challenges involved in green marketing. It is designed to provide you with the necessary skills to implement a successful marketing strategy according to the latest sustainability frameworks and standards.
Additionally, the course will help you identify and combat greenwashing through real case examples from a variety of sectors.
Explore the opportunity to learn as a team with our special discount packages.
Group registrations allow you to attend our certified courses as a team at the same time. Our group courses are created to tackle present-day problems as well as prepare your company for the future.
Discounts can be applied to a group that registers either to the same course or in a combination of courses. Request more information at [email protected].
Why choose Sustainability Academy Certified Courses?
Offer a unique Certification accredited by CPD in an affordable manner trusted by global Fortune 500 companies and global accounting firms for their staff education
Content created by Sustainability thought leaders, professors and trainers with practical experience in the field of sustainability
Self-paced Courses that can be completed anytime within 45 days
Up-to-date content revised on annual basis that includes new legislations and trends based in field research
Joined by thousands of learners from 90 countries, including Sustainability professionals, graduates and entrepreneurs from various sectors
Bronze award for Sustainability Academy at the Hellenic Responsible Business Awards 2023
Sustainability Academy, the digital educational platform created by the Center for Sustainability (CSE), has been recognized for its innovation and impact. It was awarded the prestigious BRONZE award in the Technology for the Common Good / Digital Education & Skills category at the Hellenic Responsible Business Awards 2023.
The platform, launched in 2018, was designed to provide high-quality certified training exclusively focused on Sustainability and ESG (Environmental, Social, and Governance) issues. Its mission is to equip professionals, companies, and organizations worldwide with targeted and reliable sustainability training.
Drawing on CSE’s vast experience in Europe, USA, Canada, MENA, and Asia, Sustainability Academy meets the growing demand for specialized sustainability training. It enables learners to choose from a wide range of certified courses delivered in a self-paced recorded mode, allowing flexibility to accommodate personal needs and professional commitments.
Professionals and companies alike can take advantage of this platform, gaining the knowledge required to stay updated on relevant legislation and ESG standards. By empowering participants to plan and implement actions that reduce their corporate carbon footprint, Sustainability Academy is actively contributing to the global fight against climate change.
Over the past five years, more than 9,000 individuals from 95 countries, including several FT 500 companies, have become certified through Sustainability Academy. The platform has become a trusted resource, providing highly specialized sustainability training to companies worldwide.
Looking ahead, the goal is ambitious but essential: to reach 25,000 registrations by 2030. By doing so, Sustainability Academy aims to make a significant contribution to the certification and development of executives, empowering them to support their companies and foster a more sustainable planet.
In conclusion, Sustainability Academy’s recognition as an award-winning digital platform is a testament to its dedication to spreading knowledge and driving positive change in the realm of sustainability. With its global reach and certified training programs, the platform is poised to play a crucial role in building a sustainable future for all.
Greenhouse gas emissions represent a significant global concern with Scope 3 emissions being the most intense to several sectors.
Scope 3 emissions encompass all indirect emissions from a company’s value chain that occur as a result of a company’s activities but are outside of its operational control, this is why understanding and measuring them remains a challenge.
Companies that understand and manage their scope 3 emissions are clearly at an advantage as they can improve risk management, deepen resiliency, increase transparency and competitiveness, and attract investors. Moreover, global legislations, such as the SEC’s Climate-Related Disclosures and the European Corporate Sustainability Reporting and the newest Corporate Sustainability Due Diligence directives, require Scope 3 reporting, making the supply chain information mandate.
These emissions can be attributed to various sectors depending on the industry and the specific activities involved. It is also important to note that the intensity of Scope 3 emissions can vary significantly within each sector.
Below we will explore 4 sectors with intense Scope 3 emissions.
Mining Sector
The mining sector is one of the largest contributors to global greenhouse gas emissions and the scope 3 emissions of minerals and metals are significant. According to a recent analysis, up to 28% percent of global emissions are the result of the indirect impacts of mining operations.
The scope 3 emissions of this sector include the upstream production of fuels used in the mining operations, the downstream smelting, refining, and manufacturing processes utilizing the mined ore. Furthermore, transporting all these ores and metals generates emissions that can be greater than scopes 1 and 2 combined. They can contribute to more than 95% of its total emissions, resulting in the biggest decarbonization challenge for mining companies.
Oil and Gas Sector
While Scope 1 and Scope 2 emissions are directly associated with energy generation, this sector includes also emissions resulting from the extraction, production, and transportation of fossil fuels, as well as the indirect emissions caused by electricity consumption by end-users. Specifically, scope 3 emissions account for 80-to-95% of total carbon emissions from oil and gas companies as stated in the Wood Mackenzie’s report “How Will Oil and Gas Companies Get to Scope 3 net zero?”.
Investors have been increasingly pressuring the oil and gas sector to address climate change concerns and call on the companies to set targets to reduce by 2030 their Scope 3 emissions. Unfortunately, according to the Climate Bond’s Initiative (CBI) latest state of the market report (an analysis of the green, social and sustainability (GSS) markets, sustainability-linked bonds (SLBs), and transition bonds) none of the $5.4 billion raised by these companies under the sustainability-linked bonds label, was tied to Scope 3 emissions reductions.
Real Estate Sector
Carbon emissions of real estate companies are dominated by Scope 3 emissions, however, they remain underreported by the top 200 listed real estate companies with only 56% of these disclosing them. Moreover, more than half of those did not break down emissions at all.
Scope 3 emissions in the real estate sector can be generated by upstream emissions associated with the production and transportation of materials and equipment used in building construction and operation, downstream emissions associated with waste disposal, tenant transportation and commuting, as well as emissions from leased assets.
Financial Sector
Although not directly involved in emissions-intensive activities, financial institutions and investment services can have intense Scope 3 emissions through their financing and investment decisions. These emissions can be attributed to the carbon footprint of the companies they invest in, such as those in the fossil fuel industry or other high-emissions sectors. In other words, their Scope 3 emissions are their investees’ Scope 1 and 2 emissions.
CDP estimates that financial institutions Scope 3 emissions are 700 time greater than their direct emissions, counting for the 99% of their emissions.
Reach us at [email protected] to learn more about the certified courses and our special discounts!
Group registrations allow you to attend our certified courses as a team at the same time. Our group online courses are created to tackle present-day problems as well as prepare your company for the future.
Discounts can be applied to a group that registers either to the same course or in a combination of courses.
Why choose Sustainability Academy Certified Courses?
Offer a unique Certification accredited by CPD in an affordable manner trusted by global Fortune 500 companies and global accounting firms for their staff education
Content created by Sustainability thought leaders, professors and trainers with practical experience in the field of sustainability
Self-paced Courses that can be completed anytime within 45 days
Up-to-date content revised on annual basis that includes new legislations and trends based in field research
Joined by thousands of learners from 90 countries, including Sustainability professionals, graduates and entrepreneurs from various sectors
The SEC Climate-Related Disclosures Rule will be a huge challenge for many companies, but how much are they prepared for the level of transparency required?
This climate-related disclosures rule will serve as a catalyst to invest the time, money, and resources required to map their supply chains and it’s expected to force thousands of them to disclose the full scope of their greenhouse gas emissions.
Specifically, listed companies with revenues over $75 million will be required to disclose information about the direct greenhouse gas emissions (Scope 1), the indirect emissions from purchased electricity or other forms of energy (Scope 2) and certain types of GHG emissions from upstream and downstream activities in its value chain (Scope 3). Furthermore, according to the SEC fact sheet, they may be required to provide their disclosures early in 2024, using their 2023 numbers.
Which are the Upstream activities?
These activities encompass the processes that occur before the company’s own operations begin, typically involving suppliers, raw material sourcing, and logistics. Upstream activities often include extraction or cultivation of raw materials, transportation and distribution, as well as any outsourced processes involved in the production of goods or services.
Which are the Downstream activities?
Downstream activities occur after the company’s own operations and involve the distribution, marketing, sales, and support of the final products or services. This includes activities such as product assembly, packaging, distribution logistics, marketing campaigns, retailing, and customer service.
Are companies really prepared?
Scope 3 emissions account for up to 75 percent of a company’s total footprint and many of them have very poor visibility beyond their Tier 1 suppliers. They require immense amounts of time and money as these emissions are more than just suppliers. They are the entire depth of the supply chain. Moreover, the lack of direct control by companies over the requisite data along with the poor transparency can drive into many “black holes” in their supply chains.
The rule was designed to increase consistency and transparency in GHG accounting. If companies have already publicly set climate-related targets or goals, they need to disclose how they intend to meet them.
Smaller companies with less than $100 million in annual revenue will not be part of the requirement for now, however, Scope 3 emissions are generated outside the company’s control and greatly affected by other small companies throughout their value chain. This means that compliance would be required from them sooner or later.
Equip with all the necessary tools to build a resilient and efficient sustainable supply chain by registering to the Online Diploma on Sustainable Supply Chain Management course. Transform your organization’s climate pledges into actionable strategies through better supply chain management and be prepared for the upcoming challenges in your sector.
Don’t miss out the chance to register with our special 20% discount until July 20.
Group registrations allow you to attend our certified courses as a team at the same time. Our group online courses are created to tackle present-day problems as well as prepare your company for the future.
Discounts can be applied to a group that registers either to the same course or in a combination of courses.
Why choose Sustainability Academy Certified Courses?
Offer a unique Certification accredited by CPD in an affordable manner trusted by global Fortune 500 companies and global accounting firms for their staff education
Content created by Sustainability thought leaders, professors and trainers with practical experience in the field of sustainability
Self-paced Courses that can be completed anytime within 45 days
Up-to-date content revised on annual basis that includes new legislations and trends based in field research
Joined by thousands of learners from 90 countries, including Sustainability professionals, graduates and entrepreneurs from various sectors
In 2023, several supply chain sustainability trends have emerged as companies prioritize reducing their environmental impact and improving social responsibility.
The last couple of years have set a lot of challenges for supply chains. According to the World Economic Forum, eight supply chains across major industries account for more than 50% of global greenhouse gas emissions, however, a lot of organizations haven’t recognized the fundamental importance of the supply chain resilience so far.
Here are five key issues that currently affect supply chains in all industries:
Carbon Neutrality and Net-Zero Goals
When discussing Carbon Neutrality, Scope 3 emissions are considered the most challenging and comprehensive category of emissions to address. According to Gartner, they account for 90% or more of total value chain emissions and they are the hardest to measure and manage. Measuring and managing Scope 3 emissions in the supply chain can be complex, as it requires data collection and collaboration with multiple stakeholders.
Sustainable Packaging Solutions
There is a growing focus on sustainable packaging throughout the supply chain. Sustainable packaging focuses on reducing waste, using eco-friendly materials, optimizing packaging design, and promoting circular economy principles. Biodegradable and compostable materials, recyclable packaging, reusable packaging and plant-based packaging are all expected to gain traction.
Ethical Supply Chain Management
Organizations have turned their focus on ethical and responsible sourcing, avoiding suppliers associated with unethical practices such as child labor, deforestation, or human rights abuses. There is also a growing emphasis on transparency and traceability throughout the supply chain. Improving supply chain transparency has become a top priority for executives in various sectors.
Circular Supply Chains
The concept of circularity has gained traction in supply chain sustainability. Companies are transitioning to circular supply chains by implementing strategies like product take-back programs, repair and refurbishment services, and recycling initiatives. The circular economy provides real brand value and where consumers are aware of this.
New Legislations
A raft of new legislation is about to boot. The recently adopted Corporate Sustainability Reporting Directive has set criteria for companies operating along the supply chain of EU countries. They must implement a due diligence process, identifying actual and potential adverse impacts on environmental and human rights issues. Moreover, the European Parliament introduced the Corporate Sustainability Due Diligence Directive last February, requiring companies to take responsibility for the environmental and social impact of their suppliers.
Online Diploma on Sustainable Supply Chain Management
The course aims to equip professionals with all the necessary skills and knowledge in order to apply sustainable practices to supply chains. Additionally, it gives an insight on how to start a sustainable supply chain, using appropriate criteria/platforms, and comply with key ESG Ratings and Reporting Standards requirements, supporting the transparency of supply chains.
The course will also help you understand critical related concepts and trends, such as circular economy, sustainable packaging, scope 3 and net zero emissions.
Register now with a 20% discount. The offer expires on June 30. Request your discount code at [email protected].
Why choose Sustainability Academy Certified Courses?
Offer a unique Certification accredited by CPD in an affordable manner trusted by global Fortune 500 companies and global accounting firms for their staff education
Content created by Sustainability thought leaders, professors and trainers with practical experience in the field of sustainability
Self-paced Courses that can be completed anytime within 45 days
Up-to-date content revised on annual basis that includes new legislations and trends based in field research
Joined by thousands of learners from 90 countries, including Sustainability professionals, graduates and entrepreneurs from various sectors
US Top Environmental Concerns: Pollution & Climate Change
As the world grapples with pressing environmental challenges, the United States faces its fair share of issues. Such issues include water pollution, air pollution, plastics pollution, and climate change. These problems have far-reaching consequences for ecosystems, human health, and the planet as a whole.
In this blog , we will explore these environmental problems, their causes, and their consequences, highlighting the urgent need for action. Furthermore, we will conclude by introducing two online certificate courses that offer practical solutions for sustainability professionals in tackling these challenges head-on.
Water Pollution:
Water pollution is a pressing concern in the United States, affecting rivers, lakes, and groundwater sources. Industrial waste, agricultural runoff, and inadequate sewage treatment are major contributors to this problem. Chemical pollutants and excess nutrients, such as nitrogen and phosphorus, lead to harmful algal blooms and dead zones, impacting aquatic life and human health. Efforts to improve water quality involve stricter regulations, better wastewater management practices, and promoting eco-friendly farming techniques.
Air Pollution:
Air pollution poses a significant threat to public health in many American cities. Emissions from industries, power plants, vehicles, and other sources release pollutants like particulate matter, nitrogen oxides, and volatile organic compounds. These pollutants contribute to respiratory problems, cardiovascular diseases, and premature deaths. Addressing air pollution requires the adoption of cleaner energy sources, tighter emissions standards, and the promotion of sustainable transportation alternatives.
Plastics Pollution:
Plastics pollution has become an alarming issue affecting the environment, particularly oceans and marine life. Single-use plastics, such as bottles, bags, and straws, contribute to the massive accumulation of plastic waste in landfills and water bodies. Microplastics, resulting from the breakdown of larger plastic items, are also a concern. Mitigating this problem involves reducing plastic consumption, promoting recycling and waste management practices, and encouraging the development of sustainable alternatives.
Climate Change:
Climate change is one of the most pressing environmental challenges of our time, with far-reaching consequences. Rising global temperatures, extreme weather events, and sea-level rise threaten ecosystems, human health, and economies. The burning of fossil fuels for energy and deforestation are the main drivers of climate change. To combat this crisis, a transition to renewable energy sources, sustainable land management practices, and international cooperation is essential.
The environmental issues plaguing the United States, including water pollution, air pollution, plastics pollution, and climate change, require comprehensive solutions. Through the pursuit of the Online Certificate on Carbon Reduction and Net Zero Strategies and the Online Certificate on Circular Economy, individuals can actively contribute to mitigating these problems and fostering a more sustainable and resilient future. By equipping individuals with specialized knowledge and skills, these courses empower participants to become catalysts for change, driving sustainable practices and shaping a greener future.
Sustainability has become increasingly important in today’s business landscape, and integrating ESG strategies into a company’s profile is crucial for long-term success. However, it can be challenging to implement sustainable practices into an organization, as it requires a shift in mindset and culture.
Group training programs are an excellent way to help employees learn and develop ESG skills collaboratively and effectively. These programs can provide a forum for employees to share knowledge and experiences, which can increase engagement and foster a sense of shared responsibility. Additionally, group training can help identify areas where improvements can be made, which can lead to more effective ESG strategies.
Specifically, these are 4 benefits of attending a course as a group:
1.Enhances team relationships and fosters a more collaborative work environment.
This is because team members interact, motivating each other, increasing student retention and course completion rates. Furthermore, when team members are trained in ESG skills through group training programs, they can directly apply their knowledge and skills to their work environment, leading to increased employee engagement. As a result, their productivity increases, and absenteeism decreases.
Moreover, when employees see the direct impact of their actions on the environment, society and governance, it can be highly motivating and create a sense of purpose in their work. As a result, increased job satisfaction and a higher level of commitment to the organization’s overall mission and goals can be achieved.
2.Enables team members to develop soft skills, such as communication, and problem-solving.
Working together on problem-solving exercises and projects can also help team members develop critical thinking and collaboration skills. This can lead to improved teamwork, increased trust, and better decision-making, which can benefit the organization as a whole.
3.Offers development and discount opportunities for teams.
Training everyone at once, or dividing training sessions into groups, cuts down on the amount of time needed to get everyone up to speed. Additionally, group training is the most cost-effective solution for organizations to provide professional development opportunities for their teams.
Moreover, group training programs can be customized to meet the specific needs of an organization and its teams. For example, training can be tailored to address specific ESG issues that the organization is facing.
4.Offers the opportunity for them to communicate with their trainers and co-workers.
This can help clarify any misunderstandings, deepen their understanding of the topics, and promote knowledge sharing. Effective communication is essential for team members to succeed in their roles, especially when it comes to ESG strategies, which often involve complex issues that require a collaborative and multidisciplinary approach.
Sustainability Academy Group Discount Packages
Sustainability Academy’s group discount packages provide a valuable opportunity for organizations to support the professional development of their employees and improve their overall performance. By providing high-quality and affordable training, organizations can enhance their team’s skills and knowledge, ultimately leading to better outcomes and a more sustainable future.
Why choose Sustainability Academy Certified Courses?
Offer a unique Certification accredited by CPD in an affordable manner trusted by global Fortune 500 companies and global accounting firms for their staff education
Content created by Sustainability thought leaders, professors and trainers with practical experience in the field of sustainability
Self-paced Courses that can be completed anytime within 45 days
Up-to-date content revised on annual basis that includes new legislations and trends based in field research
Joined by thousands of learners from 90 countries, including Sustainability professionals, graduates and entrepreneurs from various sectors
The New Era of the ISSB: Transitioning from the SASB Standards to IFRS Sustainability Disclosure Standards
What Do You Need to Know?
Capital markets require consistent and comparable disclosure to provide long-term value to shareholders and secure the future of our planet. To meet these requirements, the IFRS Foundation has proposed creating a global baseline of high-quality sustainability disclosure standards through the new International Sustainability Standards Board (ISSB). The ISSB will consolidate and build on existing frameworks, standards, and guidance rather than create something new.
As part of this consolidation effort, the SASB Standards will serve as the starting point for the ISSB’s industry-specific requirements. This means that the SASB Standards will ultimately transition into IFRS Sustainability Disclosure Standards using ISSB due process. Ownership of the SASB Standards will transfer to the IFRS Foundation in June, along with existing projects such as work to internationalize metrics following market feedback.
What does the Transition Mean for Report Preparers and Users?
In the short term, there is no change for report preparers and users. They should continue to use the SASB Standards to ensure that they meet the present and future information needs of investors. Adopting the SASB Standards, the Integrated Reporting Framework, and/or the TCFD recommendations now will better prepare companies for the future adoption of the IFRS Sustainability Disclosure Standards.
In the medium term, it is important to provide input into the development of the IFRS Sustainability Disclosure Standards. The IFRS Foundation has already taken a step in the right direction by creating two prototypes that leverage content from the SASB Standards. The goal is to streamline the reporting landscape, consisting of IFRS Sustainability Disclosure Standards, financial accounting standards (either IFRS or US GAAP), and a connecting framework for describing a company’s governance, strategy, and risk management of financially material sustainability issues.
In the long term, a streamlined landscape for reporting to investors is envisioned, consisting of IFRS Sustainability Disclosure Standards, financial accounting standards (either IFRS or US GAAP), and a connecting framework for describing a company’s governance, strategy, and risk management of financially material sustainability issues. Together, these resources will enable a company to provide a comprehensive view of performance and prospects on the financial markets.
As sustainability disclosure standards evolve and transition into new frameworks, it is important for professionals to stay informed and knowledgeable about these changes. The Online Certificate on SASB & TCFD Reporting by CSE is designed to help participants acquire or enhance their competency to understand the requirements of the SASB Standards and the TCFD recommendations. This course is focused on the acquisition of knowledge of applying the SASB Standards, as well as reporting on the organization’s climate-related risks and opportunities based on the TCFD recommendations.
By taking this course, professionals can better prepare themselves for the future adoption of the IFRS Sustainability Disclosure Standards. The course is an excellent opportunity to stay informed, stay competitive, and stay ahead of the curve in the ever-changing landscape of sustainability reporting.
This World Water Day, let’s take a moment to learn about the impact of the textile industry on our water sources. Water is an essential resource for most organizations and reducing its footprint brings a lot of benefits.
Explore what businesses can do to reduce their water footprint and make the textile sector more sustainable.
What is the textile sector?
The textile sector refers to the production of textiles – fabrics, yarns and materials created from cotton, wool, and synthetic fibers. This sector encompasses the entire process from the growth and harvesting of the raw materials to the manufacturing and retailing of finished products. The global textile sector employs millions of people and accounts for 2.5% of the world’s GDP. Textiles have been used since ancient times and remain an essential component of global trade and industry. As the global population continues to grow, so too does the textile sector. However, this growth comes with a cost: the pollution of our valuable water sources.
Water pollution in the textile sector
The textile sector relies heavily on water for the processing of raw materials and the finishing of textiles. During these processes, dyes and chemicals are released into our waterways and contaminate the water sources that are vital for drinking, bathing, farming, and recreation. Synthetic fibers, such as polyester and polyamide, are also a major contributor to water pollution.
These fabrics are not biodegradable and can take hundreds of years to break down. They are also highly absorbent, which means that microplastics and other toxins on our waterways will cling to them. This can harm wildlife, contaminate drinking water and spread toxins to other ecosystems. Moreover, textile dyeing is the second-largest polluter of water worldwide, with the fashion industry producing 20% of the world’s wastewater.
How can the textile sector reduce water pollution?
Businesses, organizations can take steps to reduce their water footprint and make the textile sector more sustainable. Businesses can start by replacing synthetic fabrics with organic and recycled alternatives, such as bamboo, hemp, or organic cotton. This will not only reduce water use, but will also eliminate the need for harsh dyes and chemicals, further reducing water pollution. Organizations can also reduce their water footprint by buying fewer or used items, or investing in sustainable textiles.
Why World Water Day matters for the textile sector?
The textile sector is one of the world’s largest polluters of water. World Water Day is a day set aside to remind individuals and organizations of the importance of clean water sources. Our actions can have a profound impact on our waterways. Now more than ever, it is important for businesses to consider their water footprint and take steps to reduce it.
By investing in sustainable materials, recycling water and reducing the amount of water used in their processes, companies can play a vital role in the fight against water pollution.
Discover more topics on water footprint and how to reduce it with LCA methodology, by enrolling to the recently updated Online Certificate on Carbon Reduction and Net Zero Strategies. You can register with a special 20% discount until March 31, using the coupon code “NZ20”.
