Are you ready for 2030?

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Furniture & Homeware

With expected population of 8.5 billion by 2030, profitable business growth will come with increasing environmental and social externalities. This creates risks to companies, but also opportunities.

Have you considered?

Raw material

Have you thought about how much your products depend on natural resources; woods, textiles, leather, adhesives, metals, glass?

Do you know the impacts your products are having on people or on the environment?

By knowing the raw material mix and quantity of your products, you can not only start to measure the impacts of your products , but also understand business implications, such as security of supply and identifying cost savings.

Processing & Production

Have you thought about the impact of finishes applied in the processing stage of your products?

Have you put policies in place to ensure decent working conditions? Are you able to ensure these policies are complied with along your supply chains all the way to raw material?

Waste & end of use

Do you know how much waste your products create? Could you design waste out of your supply chains or could your waste be used for other products, in your company or in other companies? 

Most of your products will end up broken down and dumped in landfill, unless you start to build in a solution, e.g. recycling, donations, re-use, collection and disposal.

Could circular economy and innovative designs be an exciting opportunity for you?

* This is not an exclusive list of questions to consider. 

Externalities that can affect your business

  • Social – working conditions, labour practices, health & safety, equality, living wage (Modern Slavery Act, Child Labour, UN Convention of Human Rights)
  • Environment – water, land, soil, biodiversity, ecosystems, air quality, climate change
  • Business transformation – risk of not adjusting to trends and disruption, as well as aligning people, processes and technology to business strategy
  • Transparency and traceability in the supply chain – without knowing where your raw material is from and who has made your products and where, you won’t be able to define and mitigate risks in your supply chain

What questions are you having right now?

Get in touch and we can have an exploratory discussion where we provide suggestions for areas that would be useful for you to work on.

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