Scenarios

Climate change is also affecting shopping habits, with brands rethinking their products and supply chains

According to the ECB, by 2035 the effects of climate change could add more than one percentage point to inflation each year by affecting prices, consumption and business strategies

4' min read

Translated by AI
Versione italiana

4' min read

Translated by AI
Versione italiana

“No single institution can tackle the challenges of our complex and interdependent world on its own.” These words, spoken five years ago by the World Economic Forum to describe the pandemic emergency, are once again highly relevant during this sweltering summer marked by by record-breaking weather events. A collective effort to tackle a systemic challenge. This is the essence of Get Blue, a platform that transforms the water crisis into global mobilisation. Instead of competing for consumers’ attention, companies from different sectors are forging an alliance around a common cause: access to water and climate resilience. You are not buying a product, but contributing to a concrete solution.

Blue becomes a symbol of belonging to a shared cause. The idea is reminiscent of the famous Red campaign promoted by Bono in the 2000s: by purchasing certain products or services, a portion of the proceeds goes towards a social project. Gap has thus created capsule collections, Starbucks has launched special-edition drinks, and Amazon allows you to donate via Alexa. The cause marketing campaign was presented at the World Economic Forum, but the launch took place just a few days ago. The face of the campaign is Matt Damon, co-founder of Water.org. The aim: to turn everyday purchases into support for access to clean drinking water, which is currently denied to 2 billion people worldwide.

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Survival strategies

And sothe climate issue is making its way into marketing campaigns. Whilst for years climate change has been portrayed as an environmental issue, today it has even become a commercial reality. This is the paradigm of climateflation, inflation caused by the effects of climate change. Climate change is affecting prices, supply chains and consumer behaviour. According to the ECB, which introduced this concept in a study by the Potsdam Institute, by 2035 climate change could add more than one percentage point to inflation each year. Specifically, this would mean a +3.2% increase in annual food inflation and a +1.18% increase in overall annual inflation.

But these emergencies have already become part of brands’ strategies. Agricultural shocks account for 30 per cent of medium-term inflation volatility in the Eurozone. Whereas marketing used to focus on how to save the planet, today it is shifting towards survival strategies on a changing planet. The climate is no longer just a value to be communicated, but a need to be addressed. This is where new products, new services and new alliances are emerging. ‘This is the shift that has transformed public perception into mainstream awareness: the issue no longer concerns the niche of militant environmentalists, who are often still steeped in anti-consumerism and austerity, but the vast majority of consumers who have experienced first-hand the damage that environmental imbalance can cause in everyday life. Climate change is no longer a political-ideological issue that divides people into opposing camps, but a critical issue felt first and foremost by younger generations”, says sociologist Francesco Morace, co-author of the book *Ma quale GenZ?* published by Egea, who has long argued that consumption patterns reflect societal transformations. “These new needs converge in a magic formula that is as simple as it is powerful: one health. Health and wellbeing have now become a new paradigm that shapes the desires and expectations of all generations,” says Morace.

 Teams on the pitch

This commitment cuts across the board. Axa has launched a campaign focused on climate resilience: the emphasis is no longer on saving the planet, but on protecting people, homes and businesses from extreme risks. Heineken outlines its investments in safety measures agricultural supply chains threatened by drought and water stress. The Spanish hotel chain Iberostar has turned ocean conservation into a competitive advantage, safeguarding seagrass beds as part of the tourist experience. Lego is driving research into alternative materials to reduce dependence on fossil-based plastics. The US flooring giant Interface is proposing a paradigm shift with new products that help regenerate the climate. Fashion brands are also at the forefront. The North Face, with Renewed, has launched a range of regenerated products; Timberland, with Nature needs heroes, is focusing on reforestation in urban design; and Nike, with Move to zero, is showcasing trainers designed using recycled materials and production processes with a lower environmental impact.

 New Worlds

This is a shift that would have been unthinkable in the past. Because today, marketing no longer simply sells green products, but solutions for a better quality of life: resilience, adaptability and security are now part of the offering. So we have moved on from messages about environmental responsibility to a narrative about the ability to cope with uncertainty .

Meanwhile, the public is also getting involved in social campaigns linked to climate change. Leading the way was the Arctic town of Salla, which provocatively put itself forward as a candidate to host the Summer Olympics. The Faroe Islands, halfway between Iceland, Norway and Scotland, have launched the campaign ‘Closed for maintenance, open for voluntourism’. To protect their fragile ecosystem, the initiative involves closing the islands to traditional tourists for one month each year, welcoming only selected volunteers to carry out environmental maintenance work. Meanwhile, Copenhagen has launched CopenPay: tourists are rewarded with free admission if they arrive by train or cycle. To symbolise the climate crisis, enormous benches have been installed to highlight rising sea levels.

“In the medium to long term, it will be in businesses’ interests not to further exacerbate the inequality gap in order to prevent the permanent disappearance of the middle class and an entire target market. Focusing exclusively on the luxury market, which has suffered significant contractions in recent months, means confining one’s business to a global niche that is increasingly subject to the whims of a privileged minority,” concludes Morace. John Grant had already theorised this twenty years ago in his bestseller The Green Marketing Manifesto: the future will not lie in selling greener products, but in helping people to live differently in increasingly inhospitable environments.

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