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The PSFK report reveals the latest sustainable business strategies that companies are using to align their business goals with the needs of all stakeholders.
Sustainability has become a pressing issue for all industries and stakeholders, requiring significant changes throughout the supply chain and in customer-facing initiatives to meet regulations and customer demands. Despite the challenges posed by inflation, global conflicts, ESG backlash, and concerns about greenwashing, all critical stakeholders – from consumers to manufacturers, local brands, and governments – seem committed to advancing sustainability. However, To successfully deliver on sustainability strategies, there is a great deal of work to be done, including re-evaluating the entire supply chain, fostering collaboration, bridging the skills gap, and engaging consumers in positive change.
In this PSFK report, various aspects of sustainability, including consumer behavior, supply chain, and company initiatives, are analyzed in depth. The report aims to provide a comprehensive overview of the current state of sustainability, identifying the key challenges and opportunities facing companies as they work towards more sustainable practices. It highlights best practices and case studies from leading companies and offers practical advice on how to effectively implement sustainability strategies.
By reading this report, executives at brands and retailers will learn about the latest trends and developments in sustainability, and gain a deeper understanding of the role that companies play in driving change. They will learn about the challenges and opportunities in the supply chain and consumer behavior, and discover innovative approaches to incorporating sustainability into business strategies. The report will also provide valuable insights into the importance of collaboration, stakeholder engagement, and continuous improvement in advancing sustainability goals. Ultimately, this report serves as a resource for executives and brands looking to lead the way in sustainability.
This PSFK report provides in-depth analysis of leading sustainability initiatives and endeavors to present a comprehensive guide for companies seeking to make sustainable choices for the long term. Covering all relevant stakeholders, including brands, consumers, and the environment, the report offers five effective strategies for advancing sustainability and ensuring that all parties benefit from these efforts. With its focus on best-in-class practices and up-to-date insights, this report is a valuable resource for businesses seeking to prioritize sustainability in their operations.
This report on NYC retail was developed by the same PSFK research department that since 2004 has provided trends-led innovation consulting advice to Apple, BMW, Meta, Google, Microsoft, Samsung and Volkswagen.
As the circular economy evolves, post-purchase services are becoming more prevalent. Brands and retailers are offering product lifecycle elongation solutions to extend the lifespan of products and deepen customer relationships, helping consumers sustain their possessions for a longer time through education and care services.Regenerative Ecosystems
Regenerative Ecosystems involve an holistic examination of a brand's supply chain activities to identify and enhance sustainable and renewable practices from source to end-of-life.Value-Activated Sustainability
In the context of increasing cost-of-living, brands and retailers are implementing strategies to bridge the gap between consumers' desire for both sustainability and affordability, enabling them to meet their sustainability goals without sacrificing economic value.