from Statista.com
— this post authored by Sarah Feldman
Having just celebrated Earth Day 2019 this week, we want to review just how much our dear old planet is being abused by mankind. Every year Global Footprint Network calculates at what point in the year exactly one year of resource generation is consumed.
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Last year the world spent its entire natural resource budget for the entire year as of August 1st, 2018, according to Earth Overshoot Day. This prompted HSBC to release a statement declaring that environmental efforts by companies and governments were inadequate given the alarming pace of climate change.
The multinational bank’s corporate social responsibility initiatives focus heavily on projects in the field of environmental sustainability. Other companies are taking a similar shift in their CSR projects, gearing them more towards sustainability, with Forbes citing this move as a major shift over the past year.
You will find more infographics at Statista.
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