ESG post coronavirus – What will change in the environmental, social and political spheres?
Sometimes there are signs that herald an imminent shock, but ultimately, every shock comes as a surprise. Coronavirus has been a global shock. Now, we are slowly coming to terms with what has happened.
At first glance and in the short term, almost everything has changed for many people. But what about the medium- and long-term outlook? Will coronavirus really have a lasting impact on society, the environment and politics?
We have decided to look ahead and play out potential future trajectories of relevant trends. Our analysis shows: The pandemic is accelerating trends that were already apparent long before the first coronavirus cases were reported. This applies as much to digitalisation as it does to changes in travel and transport habits. Nor were the trends toward deglobalisation and the revival of stronger nation states originally sparked by the virus.
But the pandemic and its indisputably tragic consequences detract attention from other problems: Climate change, social injustice and species extinction all remain key challenges. Coronavirus is having a mitigating effect on climate change as many people work from home and air travel has reduced to a minimum. What areas of the economy are most affected by coronavirus and how does this relate to sustainability?
You will find the answers below in our Twelve propositions on the topic of ESG post coronavirus: What will change in the environmental, social and political spheres?