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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. Photo via Danwatch.
How transforming the mica supplychain transforms lives. The partnership aimed to help Beautycounter better understand the local politics and to support a comprehensive plan for the legalization of mica mining, which would increase supply-chain transparency and traceability. Joel Makower. Tue, 10/06/2020 - 02:11.
COVID-19, 3D printing and the digital supplychain reckoning. It took mere weeks to showcase their potential as enablers of flexible supplychains — capable of decentralizing worldwide production and responding to violent, unforeseen disruption. SupplyChain. Heather Clancy. Thu, 05/14/2020 - 03:28.
Sustainable investing is changing global supplychains: 4 key takeaways. In 2019, Liu (who was not the chairman during the aforementioned shareholder meeting) led a Foxconn delegation that met with senior executives at Cathay to discuss the latest international ESG trends and understand how to move forward. José Miguel Salazar.
Semiconductor firm Applied Materials puts supplychain at center of new commitments. We are going to hold our supplychain to the same standards that we hold ourselves in the areas of environmental impact, labor standards, and diversity and inclusion. Heather Clancy. Tue, 07/28/2020 - 02:00. It generated more than $14.6
As 2021 begins, more companies are seeing their strategies for addressing deforestation deep down into their supplychains scrutinized. . "We Both companies already have commitments to eliminate deforestation, but the investment firm would like to see them become even more aggressive with members of their soy supplychains.
The Consumer Goods Forum’s Sustainable SupplyChain Initiative (SSCI) expands its scope to include environmental sustainability, helping to build trust, confidence, and clarity in expected standards across vital areas including the impact of farming, forestry and manufacturing.
If a country or region relies on supply only from within their region and they experience a crisis, there is a risk people won’t get the medicines they need, when they need them. A secure supply of medicines from multiple regions and countries around the world is more reliable and at less risk of being disrupted.
A proliferation of greening initiatives from industry players has emerged with public announcements of policies to tackle this issue, measures to address their supplychain footprints, promotion of circular economy practices and encouragement for sustainable brands growing increasingly popular. But it is not all doom and gloom.
The company touts advancing responsibility for sourcing raw ingredients, such as cobalt, within its supplychain. The next frontier is "connected chemistry," extending the internet of things to "the internet of natural resources," Beck said in 2019. and globally by 2040. Rosalind 'Roz' Brewer, COO and Group President, Starbucks.
Improving supplychain resilience helps mitigate these risks, benefiting our consumers, suppliers and franchisees.” beef supplychain; they also generate many important ecosystem services, including helping with carbon storage, supporting water retention and providing habitats for fish and wildlife. In 2021, Yum!
The COVID-19 pandemic has thrown the fashion industry into disarray, leaving supplychain workers without wages and causing major global brands to file for bankruptcy. A strong signal of the circular fashion opportunity: Resale grew 25 times faster than the overall retail apparel market in 2019. SupplyChain.
According to the company, the new goal reflects a growth in funding needs for the hydrogen sector, a key component for decarbonization in several emissions-intensive sectors, to address the growing urgency to set up supplychains for hydrogen and related technologies.
While environmental issues such as climate change, biodiversity loss, water scarcity and water pollution dominate the list of issues that experts say are the most urgent — these are all considered more urgent than they were in 2019 — the perceived urgency of social issues is also on the rise. The time to act is now. Consumer Trends.
DESCRIPTION: Entergy's supplychain organization this year donated more than 8,000 cases of hand and surface sanitizing liquid, spray and wipes, valued at $694,000. We needed the space those supplies were occupying for storm readiness and other requirements, plus the supplies needed to be used before their expiration dates.".
This collection of disaggregated waste management decisions is a challenging start of the "reverse supplychain" that is recycling. Americans continue to value and demand recycling as an essential public service according to The Recycling Partnership’s 2019 Earth Day survey. The Recycling Partnership’s 2020 State of U.S.
The same study found that sustainability-marketed products are responsible for more than half of the growth in consumer-packaged goods from 2015 to 2019. Any company that has taken on net-zero commitments will be looking at its supply-chain partners to reduce its carbon emissions and switch to renewables in the next few years.
Climate accounting software provider CarbonChain announced today the launch of CarbonChain Comply, a new carbon reporting solution for businesses within metals and energy supplychains.
Remember 2019? German sportswear company adidas committed to using only recycled polyester across its supplychain by 2024. And pressing companies to eliminate deforestation in their supplychains has long been an activist focus. It was a very long year. But it was much, much longer than that. Neither do I.
There are also two highly recognizable minority "non-participating" investors: pop star Katy Perry and media queen Oprah Winfrey, who previously invested in Apeel in 2019. . "I Apeel can extend the life of fresh produce, which is critical to our food supply and to our planet too.". "Our Pull Quote.
In addition to the net-zero goal, the e-commerce site has set two science-based targets using a baseline year of 2019, which are pending validation from the SBT i. Back in 2019, Etsy launched its first initiative focused on reducing the carbon emissions of its marketplace by introducing carbon offset shipping.
In the context of sourcing and supplychains, we’ve seen this movie before. In a circular supplychain, sourcing no longer focuses exclusively on virgin materials. Yet, these efforts traditionally have acknowledged only one phase of a material’s life.
Increased regulatory pressures and ongoing supplychain disruptions are putting a bigger spotlight on sustainability risks and requiring organizations to rethink their approach to their social and environmental commitments,” said Pierre-Francois Thaler, co-founder and co-CEO of EcoVadis. Average sustainability scores reached 49.2
Central to the SAC’s mission is the Higg Index, a suite of comprehensive tools that empower members to measure, evaluate, and improve sustainability performance across the supplychain. About the Social & Labor Convergence Program SLCP is a multi-stakeholder initiative driving decent work in global supplychains.
Through 2019, it managed a 1 percent reduction against a 2015 baseline. The company actually increased waste to landfill by 16 percent through 2019 but is has pledged to focus more closely on "a strong byproducts plan, product donation strategy and improved forecasting.". Through 2019, it has achieved 70 percent.
"Each year, approximately 50 million tonnes of electronic and electrical waste (e-waste) are produced, equivalent in weight to all commercial aircraft ever built; only 20 percent is formally recycled," write the authors of a report published by the World Economic Forum in 2019. "If Strengthening the circular electronics supplychain.
Global food and beverage company Nestlé has launched two new projects aimed at reducing and removing carbon emissions from the company’s cocoa supplychain.
Prioritizing sustainability within supplychains is becoming increasingly critical, and this latest announcement is another step for Lenovo as part of its goal to remove one million tons of greenhouse gas emissions from its supplychain by Fiscal Year 2025/26. About Maersk. Website: www.maersk.com.
According to a Prepared Foods report , 44 new fermentation companies launched in late 2019 and early 2020, a 91 percent increase compared to 2018. . Even as COVID-19 upended global markets, alternative protein companies focusing on fermentation raised $435 million in venture capital by July, 58 percent more than in 2019.
With about $9 billion in annual revenue in 2019, AGCO is behind some of the best-known global brands in tractors, combine harvesters, balers and other farm equipment, including Massey-Ferguson, Fendt, Challenger and Valtra. . It's supposed to deliver the first models in fall 2021 and claims "hundreds" of pre-orders. Innovation.
Likewise, a recent report from Ceres on climate commitments from fast-food chains shows progress being made on setting emissions reductions targets, but not so much on water. While the companies acknowledge the materiality of water risks to their supplychains, they’re lagging on disclosing these risks and on efforts to address them.
Deutsche Bank announced the publication of its initial Transition Plan, outlining the bank’s methodologies, targets and achievements on its path to net-zero by 2050, across its own operations and supplychain, as well as financed emissions.
According to Joshua Davies, sustainability manager for Multiplex Europe, 42 percent of his company’s overall 2019 footprint came from embodied carbon from its suppliers. According to a 2019 Rocky Mountain Institute report, full-scale hydrogen-based steel production would cost 20 to 30 percent more than conventional steel-making processes.
In order to be on track to deliver on their most recent climate pledges, G7 and BRICS countries needed to reduce their carbon emissions by 822 million tonnes in 2019, the most recent year for which countries have reported. Decarbonize your supplychain. In recent years, this gap has widened. There are only 415 weeks until 2030.
The bank, currently Europe's second largest financier of fossil fuels, has committed to reaching net-zero across its supplychain and operations by 2030, before reaching net-zero across its customer portfolio 20 years later.
One goal of Closed Loop Partners (CLP), entering its ninth year, is to bring together institutional investors with strategic corporate investors who seek to build a circular economy for their supplychains while helping their sustainability goals. The economics are very efficient today.".
Amazon's plans to decarbonize its shipping supplychain isn't just focused on electrifying its delivery vans. However, just last week, the UN group that's in charge of implementing CORSIA agreed to set the baseline targets for 2019 because of the coronavirus, essentially watering down the targets. Katie Fehrenbacher.
division in 2019 signed the beer industry’s largest power purchase agreement to date) and support for farmers adopting regenerative agriculture practices. We've figured out how to make them and donate them to our supplychain partners — to launching digital platforms to support bars and restaurants. That's short-term efforts.
Bath & Body Works has been a corporate partner of Disability: IN since 2019. Disability: IN empowers businesses to achieve disability inclusion and equality practices not only in their supplychains, but throughout their organizations including hiring practices, work environment and digital accessibility.
When surveyed in 2019, 42 percent of our member companies put "biodiversity risk" as important or very important to them. We need much stronger alignment with all stakeholders in the value chain surrounding industry to adequately scale the rapid adoption of next generation solutions that truly protect our biodiversity. SupplyChain.
households reported lacking the resources needed to feed all members during 2019. Another solution involves expanding the pandemic programs that have created new supplychains between farmers and consumers. Another thing that’s insane: Less than 10 percent of surplus food is donated rather than wasted, while one in 10 U.S.
compared to the 2019 baseline. Water Reduction Progress Highlights: In 2021, Pentair’s absolute water withdrawal increased 12% compared to the 2019 baseline due to organic growth. Pentair then launched this enhanced Supplier Code to the company’s global supply base. workforce and 26% (from 23% in 2019) of its U.S.
In 2019, the company added 400 electric vehicles to its fleet including delivery trucks, forklifts and airport ground service equipment and by the end of that year was operating close to 3,000 EVs. SupplyChain. By 2030, 100 percent of those new purchases will be ZEVs. . Transportation & Mobility. Carbon Capture.
In 2019, 690 million people or 8.9 While I understand the complexity of these supplychains and how difficult it will be to fully transition to a more sustainable food system, we are losing critical time in endless debates that are not focusing on action. . The world seems to be less nourished than ever before.
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