Top 10 Growth Opportunities in ESG, Sustainability, and the Circular Economy, 2024

Sustainable Growth Considerations are Revolutionizing Business Priorities and Strategies

The "polycrisis" that characterizes the current state of global affairs affects almost all areas of societal development, including but not limited to climate-related risks. Attempting to alleviate some of these symptoms, several standards and policies have been devised to facilitate an international convergence of practices that promote climate resiliency, focusing on three key metrics: environmental, social, and governance (ESG). These novel standards and policies are compelling the development of hardware and software solutions that ensure sustainable growth across the entire value chain, engaging all stakeholders.

This analysis of the top 10 growth opportunities in the ESG, sustainability, and the circular economy explores new product developments as well as revamps and upgrades that are transforming the industry. Growth opportunities include:

•      Green taxonomy and sustainable finance
•      ESG climate risk and reporting platforms
•      Water security and risk platforms
•      Net zero cities
•      Green hydrogen
•      Farm-to-fork sustainability
•      Product and material passports
•      Supply chain sustainability
•      Low-carbon and sustainable fuels
•      Cybersecurity in water utilities