25/03/2021

In March 2021 the World Business Council for Sustainable Development (WBCSD) and more than 40 of its members, all major global companies, lay out “Vision 2050: Time to Transform” to ensure a more sustainable and prosperous future. The world faces three critical challenges: the climate emergency, nature loss and mounting inequality. The COVID-19 pandemic has illustrated that these challenges are interconnected, and that our systems are ill-prepared for shocks. 

Vision 2050: Time to Transform maps how systems transform and lays out a new framework to guide business action in the decade ahead. At the heart of this framework are nine transformation pathways – actionable routes for companies to take – covering the areas of business activity that are essential to society.

The vision and transformation pathways are aligned with the Sustainable Development Goals (SDGs) and the targets of the Paris Agreement.

“Vision 2050: Time to Transform should not be read with the idea that tomorrow is going to be much the same as today. This is a report for change, starting now, outlining how business needs to play a leading role. We have no time to waste... We must integrate our impact on people and planet as part of how we define success and determine enterprise value. Our future depends on transformation”, said WBCSD President and CEO Peter Bakker.

For more information visit dedicated webpage: Vision 2050: Time to Transform. https://timetotransform.biz/