One Man’s Trash Is Another Man’s Treasure

November 2022       
By Joy Yang, Global Head of Index Product Management

According to the World Bank, the world generates 2.24 billion tonnes of solid waste per year (as of 2020). With rapid population growth and urbanization, annual waste generation is expected to increase by 73% from 2020 levels to 3.88 billion tonnes in 2050. This is far more than we can process or recycle and contributes to both pollution and greenhouse gas emissions leading to ocean plastic pollution and geopolitical tensions as Western countries search for new places to stash their trash. 

How did we get here? Historically, the global economy is designed for linearity: harvest, produce, use, dispose. To meet the United Nations Sustainable Development Goals on Responsible Consumption & Production and Clean Water & Sanitation (SDG 12), the global economy must transition to a circular economy by finding opportunities to reinvent consumption and production models through the prioritization of the reduction or elimination of waste and pollution by keeping products and materials in use for longer and regenerating natural systems or resources.

Linear Economy

Circular Economy

The MVIS® Global Circular Economy ESG Index (ticker: MVCIRC) follows the EU SFDR principle of “Do No Significant Harm” (DNSH) and targets sustainable objectives mapped to the United Nations Sustainable Development Goals on Responsible Consumption & Production and Clean Water & Sanitation, to align with European regulations for ESG requirements.

For more information on the Circular Economy, read “Introducing The MarketVector Global Circular Economy ESG Index”.

For more information on our family of indexes, visit: www.marketvector.com 

About the Author:

Joy Yang is Global Head of Index Product Management at MarketVector IndexesTM. She is responsible for managing MarketVector IndexesTM products and services to accelerate innovation in financial index design and adoption. Joy brings more than 25 years of investment experience to MarketVector IndexesTM, having led teams delivering index and quantitative-active investment solutions at Arabesque Asset Management, Dimensional Fund Advisors, Vanguard, Aberdeen Standard Investments, AXA Rosenberg, and Blackrock. Joy has an MBA from the University of Chicago Booth School of Business, and a BS in Electrical Engineering from Cooper Union’s Albert Nerken School of Engineering.

 

For informational and advertising purposes only. The views and opinions expressed are those of the authors but not necessarily those of MarketVector Indexes GmbH. Opinions are current as of the publication date and are subject to change with market conditions. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results. It is not possible to invest directly in an index. Exposure to an asset class represented by an index is available through investable instruments based on that index. MarketVector Indexes GmbH does not sponsor, endorse, sell, promote or manage any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. Inclusion of a security within an index is not a recommendation by MarketVector Indexes GmbH to buy, sell, or hold such security, nor is it considered to be investment advice.

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