The transport sector is facing a period of profound changes, which will be accentuated in the coming decades”.
This is the beginning of the draft bill of the Sustainable Mobility Law to be approved this year in Spain. The environmental, social and economic challenges facing cities are leading to the development of new services, solutions and technologies that represent a disruptive transformation in the sector.
The cornerstone of all this development is to enable companies to improve their impact and become more sustainable.
In this context, institutions and policymakers are working incessantly on the elaboration of frameworks and regulations that directly affect mobility as we know it. The transportation industry and its regulations are changing completely, which can be a great opportunity for companies that integrate these aspects as soon as possible in their decision making.
The European Union (EU) has a large legislative package under development. This package aims to increase the responsibility of companies in relation to their social and environmental impacts.
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1. Reducing CO2 emissions and moving towards Net Zero
- Adaptation to climate change
- Sustainable use and protection of water and marine resources.
- The transition to a circular economy
- Pollution prevention and control
- Protection and recovery of biodiversity and ecosystems
Reducing CO2 emissions in all company activities should be a priority and can be seized as an opportunity, as it will not only enable compliance with regulations but also reduce costs and optimize resources.
2. Know your impact
It is increasingly common to hear that “what cannot be measured, cannot be improved”. Moreover, what is not known cannot be compared or valued.
3. Report
Companies face another challenge that can be seized as an opportunity: increasing transparency. Non-financial information should be more detailed, public and easily accessible.