The automotive sector has known a deep transformation over the last two decades. First, because the EU legislation has pushed automakers to better treat end-of-life vehicles by imposing high recycling, reusing and recovering rates. Secondly, because the fight against climate change and the rise of electrification are questioning the whole business-model and thus, companies have to reinvent themselves.

At Amundi, we consider that the Circular Economy is a change of economic model that allows to produce sustainable consumer goods, while protecting nature - by giving it time to regenerate - and ensuring the well-being of individuals.

While carbon emissions have been increasing slowly despite efforts to bring them down, “net zero” commitments, however, have skyrocketed.

The Covid-19 crisis can be considered a turning point for social issues: it has put global socio-economic inequalities in the spotlight and made them more concrete than ever before. It has also clearly shown the tragic effects, from an economic and societal perspective, that systemic shocks can have on unequal, non-resilient societies.

The Conference of the Parties (COP)26 in Glasgow has been hailed as a turning point in the global fight regarding climate change amid a new US administration and a long and strenuous exit from the Covid-19 pandemic. Six years on from the Paris agreement, the objective is clear: limit the temperature rise to 1.5°C above preindustrial averages, which means reaching net zero carbon emissions by 2050, and cutting them by half this decade.