Sketched, sustainability in 2023
In a shortened week, we revisit some of the most well-read sketches from the 230 we published this year on the consumer, technology, and sustainability.
Rapidly changing tastes, the availability of exceptionally inexpensive clothing, and insufficient recycling or re-use programs lead to large volumes of fashion ending in the wastebins. To learn more about the investment implications of sustainability in the fashion industry, please see Robeco’s article Fixing fashion’s faux pas.
Source: McKinsey, July 2022
Although the data has been increasingly consistent with global temperatures recording the hottest summer this year and with weather-related storm damages on the rise, many still doubt the science of climate change.
Source: Pew Research, October 2023
Renewable energy, sooner than you think
Driven by technological progress, public demand and government support, the world is on track to add as much renewable energy capacity in the next five years as it did in the preceding 20, according to the International Energy Agency (IEA).
Source: IEA, December 2022
Although battery electric vehicles (BEV) have significantly fewer moving parts than petrol powered vehicles, which lowers maintenance costs over time, the starting price is still higher. Looking under the hood of a BEV, you are not likely to see the most expensive component: the battery.
Source: Benchmark Minerals, October 2023