The health of our planet is as important as human health, and lucky for us, practicing sustainability is slowly but surely becoming the new conduct of life and business.
With that being said, here are a few sustainability policies to watch out for in 2022:
Push for carbon reduction: High-emission companies fund projects that either prevent the emission of greenhouse gases or remove them, and these projects can range from planting trees to deploying technology to capture carbon emissions.
With the framing of carbon market rules, low-carbon emitters will increasingly tap into the carbon offset market.
More shelf space for green products: Millennials are becoming concerned about the environmental challenges that threaten our planet each day.
If we all come together and put forth our best efforts to be more sustainable in our daily lives, we will become an eco-conscious population, and green products won't only occupy a larger mind space but also a bigger shelf space.
Work from home isn't going anywhere: It's not only convenient, but it's also beneficial for the environment because it reduces commutes and the number of vehicles on the road. In addition, it limits the energy usage in an office building, which reduces emissions.
Working from home will continue and become a more acceptable work model, and if not completely 100% remote, then it'll be a hybrid option.
Electric vehicles: If 2022 looks anything like 2021, during which electric vehicle sales more than doubled — demand for EVs will continue to grow.
There's more and more pressure on the industry to source raw materials more responsibly, and India is seeking to achieve its vision of 100% electric vehicles by 2030.