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As per our research on the industry, one of the first and foremost points highlighted was the exclusion of demand for oil and petrol as it impacts the environment negatively. Additionally, the gases and pollution which contribute further to climate change are not included. As bicycles do not emit pollution or gases, they are one of the most sustainable modes of transport. Furthermore, it has been shown that cycling only emits five grams of carbon dioxide per kilometer which is ten times less than cars.

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Bicycle Industry ESG Study, Stock, Issues & Challenges Report

Bicycle Industry ESG - Sustainability Assessment, Policies & Regulations, ESG Issues, ESG Trends