Sustainability Magazine May 2023 | Page 67

IBM
not just during the light power , but beyond .” Here is the need of Life-Cycle Investing and Circularity Transition Indicators as part of Financial Investing .
Circularity in terms of production , use , and recycling , is key . “ It ’ s more about becoming attuned to the needs of both the industry but also the needs of the planet , as we are going through this sustainable transition . And I can see innovation playing a fundamental role in the creation of more secondary markets for further recycled and repurposed materials too . But it ’ s ultimately a collaborative dialogue because we all have a role to play from design to consumption to regeneration – both at a corporate and individual level .”
Furthermore , Thompson explains that whilst COP27 and COP15 have played a vital role in addressing the needs of the planet as we move forward , time is of the essence . “ The timeline for required change is actually lower than 2025 . You realise very quickly that there will be a domino effect from nature and in terms of biodiversity , degradation , water scarcity , and obviously climate change itself in terms of the temperature rises and consequently climate human migration as a result ”.
He concludes : “ It ’ s fundamental to everyone ’ s livelihood that we address this . And sustainable finance is absolutely key in playing that by channelling funds and investments in the right direction to make impactful change . But it ’ s very clear that the runway that we all have to address this is shortening . We need to take action now for the foreseeable future .” sustainabilitymag . com 67