Nature Positive Role of the Automotive Sector

Page 47 of 62 · WEF_Nature_Positive_Role_of_the_Automotive_Sector.pdf

Conclusion International agreements such as the Global Biodiversity Framework are corralling global consensus on the urgency of tackling nature loss, and regulations are tightening to ensure more nature-friendly practices. The automotive sector stands at a critical juncture in the transition to a nature-positive future. While progress towards ZEVs and circularity is under way, the industry still faces significant challenges regarding pollution, water use and land-use change throughout its value chain. To lead in sustainability, automakers must prioritize avoiding and reducing the impacts of operations and materials, transforming their product offerings, conserving and restoring nature, and collaborating across sectors. A comprehensive approach, balancing GHG reductions with nature impacts, is essential to ensuring that the drive for net zero does not come at the expense of ecosystems. Through collaboration with companies across the sector, with suppliers and customers, other industries, regulators, civil society and local communities, the automotive industry can champion a transformative shift that aligns with global biodiversity goals, securing a sustainable future for both business and the planet. Nature Positive: Role of the Automotive Sector 47
Ask AI what this page says about a topic: