Sustainability
8 trends in sustainable consumption
Recent research found 58% of EU citizens are changing their consumer behaviours to mitigate climate change. More people are realising that sustainable living is not only the right thing to do – it’s becoming the norm. Here are eight trends that show we’re on the right track.
Sustainable consumption profoundly influences the choices and practices of retail companies. The power is in the hands of the consumer
Research carried out in 2023 by Eurobarometer showed widespread concern about climate change, with 58% of respondents calling for a swift transition to a green economy.
A 2024 survey by the Intesa Sanpaolo revealed mitigating behaviours practised by two out of three respondents. These included buying environmentally-friendly products, modifying diets and spreading the word on eco-sensitive habits.
The percentage of people who had adopted repair, reuse and recycling habits was high: 74%. A similar percentage said they were conscious of energy-saving and 8 out of 10 were careful to reduce food waste.
All these behaviours have led to the spread of sustainable consumption, which profoundly influences the choices and practices of retail companies. The power is in the hands of the consumer.
Here are 8 trends that illustrate the rise of sustainable living.
Consumers increasingly seek products with verified eco credentials. They are more sceptical about misleading environmental claims and demand transparency around the traceability and sustainability of what they’re buying, and the raw materials used. This information, conveyed clearly, can increase trust in a brand. Products from clothing to furniture and building materials will soon come with digital passports that verify their environmental credentials. Meanwhile, Artificial Intelligence will help to predict demand, optimise inventory levels, enhance route planning and reduce waste.
Most consumers prefer products that maintain their functionality and integrity for longer. This particularly applies to multiple-use items such as vehicles, electronics and clothing. There is a preference for items made with high-quality materials that receive good reviews and come with a strong guarantee. A longer life reduces the extraction of raw elements and conserves resources. Innovations in development include self-healing materials, and the use of modular design to make products that consist of easily replaceable or upgradeable components.
A lifestyle that minimises waste and maximises the use of resources is a manifestation of the circular economy in individual consumers. There are five main routes to zero-waste living: avoiding products that generate waste; reducing purchases; reusing and avoiding single-use products; repairing damaged items; and recycling. This reduced consumerism drives new processes such as the extraction of secondary raw materials from food waste, the use of edible packaging, and product-as-a-service models, in which “ownership” of a product exists for a limited time only.
Shoppers increasingly look for products packaged in sustainable materials. This suggests an evolution of the consumer value system, which now prefers recyclability over design and appearance. Companies are meeting these demands with sustainable and environmentally friendly materials, such as paper, cardboard, glass and bioplastics, which can be composted or recycled. Meanwhile, the internet of packaging allows analysis of the entire value chain of materials used to monitor their levels of sustainability.
Environmentally friendly delivery is growing in importance. More online shoppers are combining several orders into single deliveries, while retailers are offering the option for sustainable solutions including picking up purchases from collection points or stores, opting for couriers that use greener transport and offsetting emissions by paying a surcharge. Future options will expand to take in robots that can orientate themselves in urban areas, and drones for deliveries to addresses not connected to main road networks.
Trading of products already owned – “pre-loved” – is increasing as the environmental benefits become clear. This is especially true with clothing – the fashion industry generates about 10% of all global greenhouse emissions. Even the luxury market is driven by demand for high-quality, sustainable products. Transactions can take place through a consumer-to-consumer model, in which some platforms will get items verified by qualified brand experts for certification of authenticity or recondition them for returning to the market.
The power of social media networks should not be underestimated. The value of the global influencer market has grown to $30 billion, according to Italian newspaper Il Sole 24 Ore, guiding consumers on everything from what to wear to how to vote. Over the past five years, sustainability as a subject for discussion has risen in popularity. So-called “greenfluencers” deal with all aspects of sustainability, from fighting pollution to saving energy, stirring users’ consciences and promoting a greater awareness of environmental problems.
Transport is responsible for a quarter of the EU’s CO2 emissions, of which almost 44% is created by motor vehicles. With environmental sensitivity increasing globally, consumers are changing their transport habits, opting for public or private vehicles that limit environmental impact, such as electric, hybrid, hydrogen or bio-fuel. Environmental damage is also mitigated by using public transport, which helps limit traffic congestion in cities. In the future, demand-responsive public transport will include microcars and optimised algorithms to select the best routes according to passenger need and destination.
Intesa Sanpaolo is committed to help create a better future by raising awareness and knowledge of the issues around climate change and the actions that can be taken to counter it. Sustainable living is a vital element of that future.
Read the full Sustainable Consumption Report on Intesa Sanpaolo Innovation Center.
Last updated 20 December 2024