Emerging Economies

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We have seen a growing level of interest in and commitment to sustainability standards and similar systems in emerging economies over the last decade. The number of certified companies and products in Brazil, China and India has grown significantly - and shows no sign of slowing.

China

In June 2016, the China Standards Press published the ISEAL Code of Good Practice for Setting Social and Environmental Standards to audiences in China. 

The Code is of great value as stakeholders engage with and develop sustainability systems in key sectors. China's new 14th five-year plan emphasises green development, and sustainability systems are well positioned to support China’s green trade and investment goals. 
 

 

Latin America

The 2016 Global Sustainability Standards Symposium in Bogotá, Colombia, brought together more than 250 business leaders, sustainability standards, NGOs and government representatives. Participants explored the business case for implementing sustainability, consumer perceptions of labels and certifications, and how to strengthen competitiveness through the adoption of good practices. The audience heard from panellists how sustainability systems can play roles in strengthening the competitiveness of companies, drive up profits and create long term growth. Speakers also highlighted how there is a growing appetite for sustainable investment, where sustainable initiatives benefit from positive social and environmental impact, risk mitigation and long term financial returns.
 

India

In November 2015, more than 400 people came together in Delhi for a three-day conference on sustainability standards. Testament to the growing discussion around sustainability standards and related systems in India, many ISEAL members had a platform in the conference to discuss how we address the challenges and opportunities in the country. Conversations ranged from discussions around mining, electronics and finance to workshops on responsible tea production.

The conference was hosted by ISEAL's partner, Centre for Responsible Business, and was run in collaboration with members, United Nations Development Programme, UNICEF and companies such as the Laudes Foundation. ISEAL's work in India was supported through a partnership with the Swiss State Secretariat for Economic Affairs (SECO).