VULNERABILITY DIAGNOSIS AND ADAPTATION STRATEGY TO MEET THE CHALLENGES OF ENVIRONMENTAL TRANSITION

Faced with the scarcity of resources and growing pressure from consumers and regulations, companies' fundamentals are being called into question. New obligations and opportunities are emerging to meet these new challenges.

• Limited resources: Raw materials are becoming increasingly scarce, creating major tensions in supply chains. A vulnerability diagnosis enables companies to identify the risks linked to the resources they use, measure their impact and, in the long term, reduce their dependence on unstable supplies.
• Waste: At the same time, the quantity of waste continues to grow: Annual waste production has more than doubled in 20 years to 460 million tonnes, according to a February 2022 report by the Organisation for Economic Co-operation and Development (OECD). By adopting circular models, companies can design products in such a way as to minimize waste, extend product life and encourage reuse and recycling.
• Consumer expectations: Sensitive to environmental issues, many consumers are prepared to switch products if they feel they are not environmentally friendly. By integrating sustainable practices into their operations, companies can benefit from a better brand image and meet consumers' growing expectations in terms of social and environmental responsibility.
• Legislation and regulation: More and more countries, particularly France and EU member states, are introducing strict environmental and sustainability regulations. Companies must adapt to comply with these regulations, but also anticipate future regulations in order to transform constraint into opportunity.