Many NGOs and businesses have innovated with commitment and imagination over the last year. But with the global economy still weak, the challenge remains how to do more with less

Partnerships between companies and non-profit organisations look set to multiply and strengthen in 2015, if the number of high profile alliances last year is anything to go by. And the most fruitful will be innovative in some way. While weak oil prices will dominate much of the economic and political backdrop, so will the countdown to an international summit on climate change at the end of the year, analysts say. That meeting, in Paris, is aimed at reaching a global treaty on carbon emissions but a plethora of smaller scale deals and alliances between corporations, NGOs and IGOs on all kinds of sustainability issues, could be collectively just as important over the course of the year.

On the downside, the plunging oil price – in December Brent crude had lost roughly half its value since June 2014, trading at a five-year low under $60 a barrel – could hamper attempts to shun fossil fuels, particularly in transport. For global supply chains, the task will be to demonstrate that ethical production with respect for human and labour rights is compatible with competitiveness and profitability.


Low oil prices could restrict green innovation
 

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Bioplastic  Carbon emissions  Child labour  Human rights  NGO  partnerships  sharing economy  Unicef 

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