Turn of the times - from a sustainability perspective
Russia's attack on Ukraine marks a fundamental turning point - many are already talking about a new world order. Does the world situation change the view on sustainable investments? In our theses, we outline the medium-term effects we expect the Ukraine war to have on various sustainability issues.
Focus on secure supply accelerates energy transition
Even before the Ukraine war, the energy transition was high on the political agenda, especially in terms of abandoning coal and oil. The independence from Russian gas that is now being sought is forcing all parties to accelerate the transformation process that has begun and to expand ecologically sensible energy alternatives.
The EU is creating a genuine single market for energy
For rapid implementation of the diverse climate programs, regulatory blockades must be resolved at the European and national levels. Programs such as REPowerEU are helpful in cutting this Gordian knot. Only a functioning EU internal market makes the green energy transition possible.
A lack of green electricity is holding back the sustainable hydrogen economy
In order to establish a truly climate-neutral hydrogen economy, it must be produced without additional CO2 emissions during generation. The concept of a sustainable hydrogen economy therefore stands and falls with the sufficient availability of green electricity - and this will be even scarcer than it already was.
The war is accelerating the expansion of the circular economy
The war in Ukraine has raised awareness of the EU's dependence on problematic exporting countries for scarce raw materials in many areas - and also exacerbated the shortages themselves. It will therefore accelerate political processes to drive the expansion of a circular economy.
Success of electric-powered transport is exacerbating dependencies on China – and Russia!
To a large extent, the further expansion of electric-powered transport revolves around battery production. But the war in Ukraine has intensified the debate about problematic strategic dependencies, in this case primarily involving China and Russia.
The war in Ukraine is driving up investment in cyber defence
The war in Ukraine has seen the start of a new wave of attacks against a variety of countries. What is remarkable is that these strikes have been carried out via digital channels, allegedly by groups of Russian and Chinese hackers. What security solutions are available to fend off this type of aggression?
For now, the current refugee crisis is strengthening solidarity in Europe
Refugee crises are a major ethical challenge and thus also highly relevant from a sustainability perspective. They touch on the social dimension of the acronym ‘ESG’. What are the economic and political repercussions of this wave of migration?
Learn more about our sustainable investment topics.
All research papers on the topic of transformation: