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Date: 2024-04-25 Page is: DBtxt001.php txt00019112

WBCSD
Vision 2050 Refresh

In 2010, the World Business Council for Sustainable Development (WBCSD) released Vision 2050,

Burgess COMMENTARY

Peter Burgess
Vision 2050 Refresh

In 2010, the World Business Council for Sustainable Development (WBCSD) released Vision 2050, a landmark piece of work that laid out a pathway to a world in which nine billion people are able to live well, within the limits of the planet by mid-century. Recognizing that business cannot succeed in societies that fail, it explored what a sustainable world would look like by mid-century, how such a world could be realized, and the role that business has to play in making that vision a reality.

Although many of the concepts at the core of Vision 2050 have stood the test of time, inevitably, a number of topics have either increased in importance or emerged as critical new areas within the sustainable development landscape and beyond. Furthermore, the world in which business is operating continues to change: social tensions and environmental impacts are on the rise and fundamental questions are being asked about the role of business, and the economy as a whole, within society.

In March 2019, WBCSD launched a refresh of this respected piece of work. This new Vision 2050 Refresh project is bringing the original vision up to date and restating the baseline for business action and leadership for the decade to come. We are working to make systems transformation and the realization of the Sustainable Development Goals more clearly actionable, building an inspirational agenda for sustainable business, while also attempting to simplify an increasingly complex sustainability landscape.

Under the leadership of WBCSD’s Executive Committee, over three dozen member companies from 16 countries, representing more than ten industry sectors and with a combined USD $2 trillion in annual revenue, have signed up to lead this project. To help guide and inform these efforts, WBCSD has also assembled an external review committee comprised of a diverse collection of global thought-leaders and experts. The result is a collective, business-led effort to shape how business can help to unlock the transformations that are needed to allow over 9 billion people to live well, within the boundaries of the planet by mid-century.

Key focus areas

1. Exploring systems transformation

We are reviewing and synthesizing a broad range of emerging research and expert insight to establish a common understanding and vocabulary around how systems transform, what the key factors are that can help to enable and accelerate these transformations, and the role that business has to play.

Exploring systems transformation

2. Updating the Vision 2050 Pathway

Central to our efforts is the task of bringing the original Vision 2050 Pathway and its associated content up-to-date. This will involve identifying gaps, revisiting our pathway structure, and incorporating details on the latest science and emerging innovations on the road to 2050.

Updating the Vision 2050 Pathway

3. The 2020-2030 Operating Environment

In order to ensure that our Vision remains actionable, we are also exploring the most likely and disruptive trends that look set to shape our operating environment over the next ten years, and the impact these trends look set to have on the sustainable development agenda.

The 2020-2030 Operating Environment

4. Transformation enablers (and barriers)

Crucially, the project is also focusing on identifying and exploring key enablers (such as policy, finance, technology etc.) to transformation and how business can maximize its capacity to leverage these in support of our Vision.

Transformation enablers (and barriers)

5. Regional inputs

Finally, in order to ensure that our work is truly reflective of the global reality, we are conducting a series of workshops and consultations across a broad spectrum of geographies, testing the applicability of our research across a variety of local operating environments.

Regional inputs

News & Insights

NEWS 1 Jul 2020 Unlocking systems transformation – A business view

NEWS 11 Jun 2020 WBCSD releases exploration into systems transformation in support of inclusive and sustainable growth for business

NEWS 10 Jun 2020 Covid-19: The impact on business and the ‘decade of action’

NEWS 13 May 2020 Challenging the definition of success with future leaders

NEWS 7 May 2020 WBCSD releases insights into macrotrends and disruptions impacting businesses over the next decade

NEWS 9 Apr 2020 WBCSD engages with businesses across Asia-Pacific on Vision 2050

NEWS 26 Mar 2020 Business as unusual, reshaping the present and the future

NEWS 12 Mar 2020 South Africa: Vision 2050 dialogues hosted by the National Business Initiative

NEWS 4 Mar 2020 Finland: Engagement with business leaders in Northern Europe around Vision 2050

NEWS 26 Feb 2020 BCSD Hungary hosts dialogue on Vision 2050 during its Annual General Meeting

INSIGHT Filippo Veglio | 24 Jan 2020 The future is determined by what we do now, and the window of opportunity is closing fast

INSIGHT Peter Bakker | 9 Jan 2020 Garbage in, garbage out: systems transformation in a capitalist world

WBCSD IN THE NEWS Ethical Corporatio | 3 Jan 2020 ‘The future is determined by what we do now, and the window of opportunity is closing fast’

NEWS 13 Dec 2019 Australia: Vision 2050 dialogue in Sydney

NEWS 28 Nov 2019 Brazil: Vision 2050 dialogues to shape a common agenda for business action

NEWS 17 Oct 2019 Portugal: BCSD Portugal convenes business leaders in Lisbon to discuss Vision 2050

NEWS 10 Oct 2019 The role of business in accelerating systems transformation

NEWS 24 Apr 2019 Realizing systems transformation – WBCSD embarking on a refresh of its landmark Vision 2050 Videos & Resources

PUBLICATION 11 Jun 2020 Unlocking systems transformation (Vision 2050 Issue Brief)

PUBLICATION 7 May 2020 The consequences of COVID-19 for the decade ahead (Vision 2050 Issue Brief)

PUBLICATION 7 May 2020 Macrotrends & Disruptions shaping 2020-2030 (Vision 2050 issue brief)

VIDEO 8 Nov 2019 Vision 2050 Refresh – update November 2019

VIDEO 4 Jun 2019 WBCSD Vision 2050 Companies External Review Committee Seema Arora, Deputy Director-General, Confederation of Indian Industry Guillermo Castilleja, Special Advisor Gordon and Betty Moore Foundation John Elkington, Founder & Chief Pollinator, Volans Naoko Ishii, CEO & Chairperson, Global Environment Facility Marco Lambertini, Director General, WWF International Jane Nelson, Director CR Initiative, Harvard Kennedy School Cherie Nursalim, Vice Chairman, Giti Group Mukund Rajan, Former Chairman, Tata Global Sustainability Council Caroline Rees, President, Shift Johan Rockström, Director, Potsdam Institute for Climate Impact Research Jeffrey Sachs, Director, SDSN Andrew Steer, President & CEO, WRI Gunhild Stordalen, Founder & Executive Chair, EAT Kazuhiko Takeuchi, President, IGES Nigel Topping, Former CEO, We Mean Business Dominic Waughray, MD, Centre for Global, Public Goods, WEF Contacts Filippo Veglio Managing Director Julian Hill-Landolt Project Director James Gomme Project Director Uta Jungermann Project Manager Linden Edgell Regional Engagement Lead Jacqui Machin Transformation Enablers Lead Robin Nelson Operating Landscape Lead Jacqueline Pieters Finance & Investment Lead Email us at vision2050@wbcsd.org World Business Council for Sustainable Development (WBCSD) Copyright © 2020 World Business Council for Sustainable Development All rights reserved | Privacy Policy Follow us Twitter LinkedIn Youtube Flicker Links Careers Our offices Contact MAISON DE LA PAIX Chemin Eugène-Rigot, 2B Case Postale 2075 CH-1211, Geneva 1 Tel: +41 (22) 839 3100 How to find us We use cookies to ensure you get the best experience on our website. By choosing to continue, you agree to our use of cookies. You can learn more about cookies on our privacy policy page.

The text being discussed is available at

and
WBCSD-Vision-2050-Refresh-webpage-200701.pdf
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