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Innovations to address environmental regulations can also lower product costs and boost resource productivity by reducing unnecessary packaging or simplifying designs.
That requires resource productivity targets backed by indicators.
Strict standards can and should promote resource productivity.
Raising resource productivity will require a refocusing of industrial effort, capital allocation and innovation.
In terms of resource productivity, chemical industrial agriculture is highly inefficient.
Capturing the total resource productivity opportunity could save $2.9tn in 2030.
The founders say businesses that innovate to increase their resource productivity offer investors an attractive return.
Ultimately, this enhanced resource productivity makes companies more competitive, not less.
At the level of resource productivity, environmental improvement and competitiveness come together.
With a focus on innovation and resource productivity, today's compliance costs represent an upper limit.
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Companies that adopt the resource-productivity framework will reap the greatest benefits.
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