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Inside Beautycounter’s quest to transform its mica supplychain. Procuring those ingredients can involve complex supplychains, in which families, small businesses and entire communities in far-flung parts of the globe grow, mine or otherwise source raw materials. Joel Makower. Mon, 10/05/2020 - 02:11.
How transforming the mica supplychain transforms lives. Jharkhand has made great strides in bringing down the number of poor, reducing the incidence of poverty from 75 percent to 46 percent in the 10 years ending in 2016, but the state has lagged behind other Indian states in reducing poverty, according to the World Bank.
Sustainability software provider IntegrityNext announced the launch of two new solutions, Multi-Tier SupplyChain Visibility and EUDR Compliance, aimed at enabling companies to address complex supplychain sustainability challenges and regulatory compliance requirements.
Ericsson is actively working to reduce emissions in its supplychain. In 2021 Ericsson supplychain emissions totalled 2.6 In 2020, Ericsson set a target to engage with 350 of its high emitting and strategic suppliers – responsible for 90% of Ericsson’s supplychain emissions – to set their own 1.5°C-aligned
But although the standard has played an important role in expanding the adoption of better procurement practices, there remains much to be done to build more sustainable and equitable global supplychains. KEYWORDS: EcoVadis, ISO 20400 standard, SUSTAINABLE PROCUREMENT, Sustainability, CSR, ESG, supplychains.
Blackstone-backed ESG performance and risk management software, data and services provider Sphera announced today the acquisition of supplychain sustainability software company SupplyShift, in a move aimed at enhancing its supplychain offering with expanded supplier mapping, scoring and traceability capabilities.
DESCRIPTION: Women make up the majority of factory workers in the footwear and apparel sector, so we partnered with HERproject, in 2016, to bring increased well-being, confidence, and economic potential to the women and men on our supplychain. . KEYWORDS: NYSE:DECK, Deckers Brands, HERPROJECT, International Women's Day.
Supplychain traceability platform TrusTrace, announced today that it has raised $24 million through a growth investment led by circular economy-focused investor Circularity Capital. The data can be used for risk management, compliance, product claims and footprint calculations.
Private equity and venture capital investor EQT Group announced today a €100 million investment by its EQT Growth fund in supplychain sustainability software startup IntegrityNext. We look forward to working with Martin and the entire IntegrityNext team as they accelerate on their journey to making supplychains more transparent.”
SCC-CO2 was identified in 2016 and can affect flexible pipes in pre-salt fields, which have high concentrations of naturally occurring CO 2. By deploying flexible pipe systems that last for decades, Petrobras can more efficiently unlock the vital natural resources that power the region, while also safely returning CO 2 deep underground.
This is 10 million more than in 2016 – a spike in numbers greater than the entire population of London. No company can put its head in the sand when it comes to this problem. Business has a key role to play in eradicating this reality.
Loliware was founded in 2016 in pursuit of "a radical leap towards [a sustainable packaging] future." As Ananas Anam grows, so do its social and sustainability efforts as it further builds a Philippines-based supplychain and promotes local culture and resilience. . Turning algae into straws that are 'designed to disappear'.
And, if you want to consult those lists in their entirety, here are the links: 2016 , 2017 , 2018 and 2019. Sara Bogdan (formerly Lindenfeld) (2016). It also illuminated challenges and opportunities previously obscured in the blurred corners of complex and interconnected global supplychains. Jillian Lennartz (2016).
Research in 2021 from the Farmer Income Lab —a “think-do tank” founded by the multinational company Mars and comprised of companies, NGOs, and civil society organizations— estimated that up to 70 percent of farmers in agricultural supplychains may be living below the global poverty line of $3.20
The company touts advancing responsibility for sourcing raw ingredients, such as cobalt, within its supplychain. Rosalind Brewer is the first African-American and woman to steer the company’s Americas operations as well its global supplychain, product and store development. and globally by 2040. Company profile.
The company will leverage Series A financing to improve end-to-end visibility for businesses with complex global supplychains. the leading provider of end-to-end supplychain due diligence software, today announced it has raised a $10 million Series A funding round, led by Energize Ventures with participation from E14 Fund.
Since methane breaks down in the atmosphere much sooner than carbon dioxide, which will warm the planet for centuries, an additional metric known as GWP* was proposed by Oxford University scientists in 2016 that factors in methane’s potent short-term impacts, taking 2016 methane emissions as baseline.
For any company operating in or with significant supplychain exposure to China, building an understanding of the national and local regulatory landscape and best practices related to VOC mitigation recently has become a vital step to reducing the risk of business interruption arising from environmental enforcement that began in 2016.
Indeed, this fact has been acknowledged in the 2016 Paris climate agreement.). Procurement and distribution systems will need to extensively integrate predicted climate impacts and more agile methods as supplychains become increasingly susceptible to climate change impacts.
The effort is attracting pioneers in green chemistry, design and data to build a first-of-its-kind clearinghouse to help design teams and supplychains ditch hazardous chemicals for good. ChemFORWARD seeks to stand apart from other data plays by building bridges in the supplychain with its "collaborative, harmonized" approach. "We
Founded in 2016, Stockholm, Sweden-based Northvolt was established with a goal to develop the worlds greenest battery, targeting a minimal carbon footprint, sustainable sourcing of raw materials and recycling. The company also noted internal challenges in its efforts to ramp up production.
While Canada has tabled a variety of clean economy policies to support industry since 2016, the latest proposals represent a step toward a true industrial strategy. The made-in-Canada plan seeks to bolster manufacturing at home and secure a place for Canadian firms and products in global supplychains.
We also believe that scale of investment in solving wicked water problems is grossly inadequate, whether at the watershed level, supplychain, operations or engagement on public policy and with civil society. The belief that more of the same is unacceptable.
Guiding Principles in 2016, included multiple data points at the macro level, perhaps to make up for sparse company-specific data. The report offers a wealth of company-specific data such as the number of workers affected by discrimination, fair wages and working hours across the company’s supplychain.
The average American spends $2,392 per year on food while the average Kenyan spends $543 per year on food (World Economic Forum, 2016). Companies have targets that push them to fix their own supplychain, but this can lead to simply shifting the problem to another company’s supplychain.
Later, when we had breached the corporate gates, even finding our way into boardrooms, it felt as though we were putting corporations — their leaders, cultures, technologies, business models and supplychains — under the microscope. Someone else who achieves this trick is Ramez Naam — whose "Nexus Trilogy" I strongly recommend.
In March, Samsonite announced "Our Responsible Journey," a new global sustainability strategy that outlines its commitments across four priority areas: Product Innovation; Carbon Action; Thriving SupplyChain; and Our People, including engagement, development, diversity and inclusion.
In 2016, the HYBRIT project was launched as a joint venture between utility Vattenfall , iron ore producer LKAB and steelmaker SSAB. 23, LKAB announced that it intends to integrate forward in the steel supplychain and start producing "sponge iron" as a value-added product from its current pellet product, using the HYBRIT process.
Regularly assessing and monitoring suppliers allows us to minimize potential harm to individuals, communities and the environment, as well as create more resilient supplychains. Collaboration with our suppliers is augmented by our participation in the RBA. As of 2021, 78% have received audits.
They are therefore taking things into their own hands, actively engaging with companies to eliminate modern slavery from supplychains. The number of people in modern slavery increased by 20% globally between 2016 and 2021, rising to an estimated 50 million people, according to the International Labour Organisation (ILO).
The program started in Côte d’Ivoire in 2016 and aims to increase gender equity in households and communities, while supporting increased savings, improved skills, income growth and diversification, improved school enrollment rates, and increased nutrition. What did we accomplish? million with over $3.7 million of loans disbursed.
In Chile, the Pre-University Program in San Antonio has supported over 300 students since 2016, helping them prepare for the Higher Education Admissions Test (PAES). Empowering Students with Scholarships and Career Guidance Scholarships are a cornerstone of DP Worlds education strategy, breaking down barriers for low-income families.
Fisher’s personal rise from simply tweaking the supplychain to resetting corporate strategy became emblematic of the growth of the CSO position itself – in sheer numbers and in increasing clout. We’re seeing the CSOs becoming more and more important and more integrated with their organizations’ financial performance.”
Since 2016, Starbucks FoodShare program has diverted more than 75 million pounds of food from waste streams and donated more than 63 million meals. Food waste happens across the supplychain, and targeting the QSR subsector broadens our impact and action in reducing food waste systemwide. In addition to Starbucks, current U.S.
Wind struggled until it was eventually acquired by another telecom giant, Shaw, in 2016. More meaningful would be to use the dramatic rise in food prices for a wider inquiry into the privatization of food access, grocer accountability and how lack of competition affects prices and innovation throughout the food supplychain.
Recent reports from the International Labour Organization (ILO) estimate 28 million people were in situations of forced labour in 2021 , a 12 percent increase from 2016. Forced labour is everywhere – and it’s on the rise. Forced labour truly is everywhere, and often, it’s #CloserThanYouThink.
Located in NYC’s Harlem neighborhood, UASGC is a mobility-focused high school specializing in supplychain management and freight logistics. EXP’s programs elevate high school students to become competitive candidates in some of the most rewarding career fields including logistics, goods transportation, and supplychain.
These commitments coupled with a global supplychain have a far-reaching and positive sustainability impact around the world.”. “We 2017), Jacobs – formerly CH2M (2016), SC Johnson (2015), Unilever (2013), IBM (2012), Nestlé (2011), Wal-Mart Stores (2010), The Coca-Cola Company (2009), and Marks & Spencer (2008).
The COVID-19 pandemic exposed weaknesses in global supplychains, resulting in increased attention to supplychain risks , including child and forced labor. We also see in our polling that human rights issues in supplychains are fairly important to the American public , ranked at 11th in 2023.
Product recalls, a major factory closure and supplychain disruptions have wreaked havoc on North America’s baby formula market over the last year. The effects of the temporary closure of a troubled Similac supply factory in Michigan in early 2022 continued to be felt late in the year, as the U.S. That equates to more than 1.16
The Food and Agriculture Organization (FAO) estimates that in 2016, 13.8% GRI 13 references World Resources Institute (WRI), Food Loss and Waste Accounting and Reporting Standard, 2016, which includes a methodology to calculate food loss. of food, from harvest to retail, was lost globally. Food Security. Food Security.
About Ampaire Los Angeles-based Ampaire was formed in 2016 with a mission to become the world’s most-trusted developer of practical, compelling electric aircraft. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets.
As workers in global supplychains – particularly migrant workers – may be coerced to pay fees to recruitment agencies in order to secure jobs, they are at risk of falling into debt bondage, which may lead to cases of forced labour. The full guidance is available here.
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