Major food companies face intense competition from smaller, more agile brands. With personalization in focus, there are fewer benefits to being big; innovating to address changing consumer demands will be key. Adaptability is critically important for any food company that expects to survive through 2050.
The global market size for CO2 utilization is set to reach a market value of $70 billion by 2030, which will then increase to $550 billion by 2040. Global CO2 emissions witnessed steady growth in the 21st century despite unprecedent action against climate change.
The growth of the global economy has also resulted in a greater demand for energy. However, not every country can meet its own energy demands through domestic production, and the global energy trade – notably coal, oil, and natural gas – is crucial for many countries to maintain a growing economy.
In our new report, “The Lux Carbon Canvas: 2021 Edition,” we developed the Lux Carbon Canvas to evaluate companies’ levels of resilience to a future carbon price. In the 2021 edition, we analyzed 61 companies in the oil and gas, utility, aluminum, cement, fertilizer, and steel industries from the Americas, Europe, Asia-Pacific, and the Middle East.
On April 4, 2022, the IPCC (Intergovernmental Panel on Climate Change) released its third installment of the Sixth Assessment Report, which focuses on “mitigation of climate change.” The IPCC has…