The Bittersweet Benefit of COVID-19: A More Sustainable Future?
The COVID-19 pandemic is an unprecedented global challenge across all industries, businesses, countries, sectors, and stakeholders, not least every individual’s personal situation. As with every crisis, there are always those hit harder than others, but amidst arguably the most serious crisisof this generation, we hope for and work towards a more sustainable future.
To this extent, we’vegathered insights from experts on how COVID-19 is affecting sustainability work, and it’s, thankfully, looking on the bright side. In times of difficulty and heartache, humanity is called to look up and find ways to propel itself into a brighter future – in this case, reversing our impact on people and planet.
Here’s what’s being said about the way COVID-19 is affecting our planet and sustainability work as a whole:
Pausing Production and the Reduction of Air Pollution
Chinese cities are known for the smog and high levels of air pollution. In the past few months, these cities and their populations are experiencing an increase in rare blue skies. Wuhan, China, where the outbreak started, was locked down and eleven million people were quarantined.
NASA and the European Space Agency show the difference in the city’s nitrogen dioxide levels in January before the lockdown and inFebruary after these dramatic measures were taken. The results are not short of astounding. As factories, transportation, and production in general took a halt for four weeks, CO2 emissions in the region dropped by a minimum of 25% as a result of actions taken to contain COVID-19. That translates to a drop of 200 million tons of CO2 emissions which is6% decrease in global emissions. A more sudden and large-scale impact is hard to come by, as industrial emissions account for86% of all emissions worldwide. However, this positive drop is accompanied by an equally large economic downturn, sorelyimpacting the lives of millions.
The same is now happening in Italy – check out this video to compare the amount of nitrogen dioxide position in Northern Italy, China, and South Korea last year compared to this year. There is no denying the enormous effect of human activities on our planet through CO2 emissions. However, because production is so closely tied with the economy, nothing short of a global pandemic would be able to make such drastic changes in such a short period of time. Now, because of COVID-19, these measures had to be taken, and in turn, the world is witnessing the extent of our impact on the environment in just one month. Marshall Burke, an Earth Systems Professor, calculates on G-Feedthat this pandemic“likely has saved the lives of 4,000 kids under 5 and 73,000 adults over 70 in China” because of the decrease in air pollution. Perhaps this will encourage industries, the public sector, and individuals to find alternate solutions, and act now.
Shifting Business Meetings Online
In an effort to unite businesses to respond to COVID-19, work from home arrangements are encouraged to the maximum extent possible. This means the amount of business travel has reduced and is being replaced by online meetings. Thanks to the possibility of teleconferencing and video conferencing, business does not have to stop, but takes a slightly different format. Before this outbreak, businesses didn’t think twice about sending people across the country, or planet, for meeting that could also be conducted online. Now, businesses are grateful for the practicality and productivity of these online solutions.
The reduction in business travel has taken a huge toll on airlines and the tourism industry. Though this has detrimental economic and individual consequences, overall, the number of airline flights has dropped by12.5% per weekwhich eliminates 2.2 million metric tons of CO2 from the atmosphere every week.
Flying for meetings are still the norm. Maybe learning how to leverage technology for future meetings will enlighten people and businesses about the effects of their decisions, and push airlines and industries to prioritize environmentally friendly solutions.
Supply chains prove how connected we are
The COVID-19 pandemic is hitting businesses in a never-before seen way and at a never-before seen rate. As China shutdown, factory outputs stopped, causinghuge disruptionsin global manufacturing industries and supply networks. This is largely due to the fact that China has become a major world production center in the last two or three decades.
According to the World Economic Forum(WEF), this has caused businesses to scrambleafter alternative solutions, turning their attention to the second and third tiers in their supply chains. Because of the COVID-19 crisis, competition for valuable supply sources is intensifying, especially in the industrial sector. Now, China is slowly turning back to work and factories are opening again, but the impact of the shutdownof a country responsible for some of the biggest production worldwide has left its mark.
As WEF puts it,“moving forward, there will be an increased need for infrastructures and technical means to create the transparency within global supply chains.”
There has never been a better opportunity to get started on this critical work. Businesses can’t afford this kind of crisis again – they need to create what-if situations based ondata that considers uncertainties and risks. This is possible by leveraging technological platforms that can share and manage supply chain data. This technologyincreases transparency and traceability in all tiersof the supply chainand in so doing, helps manage risks and create predictive models to prepare for various scenarios. Gaining traceability and transparency, in turn, advances all kinds of sustainability work – from human rights standards to climate impact.
If we look at this in retrospect, perhaps COVID-19 is, in its tragedy, awakening the world intoaction, where the climate, sustainable business decisions, and transparent supply chains are at the top of the agenda. Times like these serve as a fresh reminder that people and planet are intricately and closely connected and thrive in collaboration with each other. We hope these positive predictions come into fruitionand hold on to this hope in the midst of our current, turbulent reality.
Learn more about multi-tier supply chain transparency in our on-demand webinar below!