Post by account_disabled on Mar 4, 2024 7:31:30 GMT
Coal power and livestock farming are the two most environmentally expensive industries, and they cause more environmental damage to the economy than they generate revenue, according to a UN-backed report.
Natural Capital at Risk - Economics of Ecosystems and Biodiversity Business Coalition's Top 100 Business Externalities Steel, Pulp and Paper, Petrochemicals - Sectors analyzed have $7.3 trillion in externalities, equivalent to 13 percent of global economic output in 2009.
Coal power in East Asia and North America ranks first and third B2B Email List respectively in terms of environmental impact, estimated at $453 billion per year in East Asia and $317 billion in North America. The environmental damage caused by coal power consists of greenhouse gas emissions, health care costs and other damage caused by air pollution. In both cases, these social costs exceeded the sector's production value: the regional East Asian industry generates $443 billion annually and the North American industry generates $247 billion annually, the report estimates.
Cattle farming in South America, considered the region's second most environmentally damaging industry, causes about $354 billion in environmental damage a year but generates only $18 billion, the report said. Damage from this industry consists of water use in water-stressed areas and land use.
The majority of the costs of environmental externalities come from greenhouse gas emissions (38 percent), followed by water use (25 percent), land use (24 percent), air pollution (7 percent), land and water pollution (5 percent), and waste (1 percent). ). percent).
However, some companies are increasingly focusing on reducing their environmental costs. For example, Unilever now sources more than a third of its agricultural raw materials sustainably as it aims for all such products to be sustainably sourced by 2020. In November, Unilever, PepsiCo, Marks & Spencer and other companies included in the Cool Farm Institute selected Best Foot Forward and the Center for Agriculture and the Environment as software partners to create a free online carbon emissions calculator for farmers and suppliers.
German sportswear firm Puma was the first company to publish an environmental earnings report. The report estimates the impact of greenhouse gas emissions and water consumption on the company's operations and supply chain at €94.4 million (US$133.5 million) in 2010.
Natural Capital at Risk - Economics of Ecosystems and Biodiversity Business Coalition's Top 100 Business Externalities Steel, Pulp and Paper, Petrochemicals - Sectors analyzed have $7.3 trillion in externalities, equivalent to 13 percent of global economic output in 2009.
Coal power in East Asia and North America ranks first and third B2B Email List respectively in terms of environmental impact, estimated at $453 billion per year in East Asia and $317 billion in North America. The environmental damage caused by coal power consists of greenhouse gas emissions, health care costs and other damage caused by air pollution. In both cases, these social costs exceeded the sector's production value: the regional East Asian industry generates $443 billion annually and the North American industry generates $247 billion annually, the report estimates.
Cattle farming in South America, considered the region's second most environmentally damaging industry, causes about $354 billion in environmental damage a year but generates only $18 billion, the report said. Damage from this industry consists of water use in water-stressed areas and land use.
The majority of the costs of environmental externalities come from greenhouse gas emissions (38 percent), followed by water use (25 percent), land use (24 percent), air pollution (7 percent), land and water pollution (5 percent), and waste (1 percent). ). percent).
However, some companies are increasingly focusing on reducing their environmental costs. For example, Unilever now sources more than a third of its agricultural raw materials sustainably as it aims for all such products to be sustainably sourced by 2020. In November, Unilever, PepsiCo, Marks & Spencer and other companies included in the Cool Farm Institute selected Best Foot Forward and the Center for Agriculture and the Environment as software partners to create a free online carbon emissions calculator for farmers and suppliers.
German sportswear firm Puma was the first company to publish an environmental earnings report. The report estimates the impact of greenhouse gas emissions and water consumption on the company's operations and supply chain at €94.4 million (US$133.5 million) in 2010.