Updates

The term “supply chain” refers to a product or service’s entire production and distribution chain, encompassing various stakeholders’ activities throughout the production cycle. Improving the sustainability of a supply chain is one of the most impactful strategies companies can adopt to generate positive outcomes. Supplier chains determine 90% of the environmental impact of production processes.

With the Kyoto Protocol, a system to regulate greenhouse gas emissions based on the trading of emission quotas was established: the carbon market. This tool was later confirmed with the Paris Agreement, aligned with the goal signed by European member states to achieve climate neutrality by 2050. The carbon market stimulates emission reductions and sustainable technological development to combat the climate crisis.

As the world turns its attention to the urgent need for biodiversity conservation and Europe takes significant steps, such as approving the Nature Restoration Law, COP16 on Biodiversity stands as 2024’s most important event for nature conservation. Global leaders, scientists, and industry stakeholders will gather in Cali, Colombia, to shape the future of our planet’s ecosystems.