This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Tips for auditing an ethical supplychain. Mon, 03/29/2021 - 00:01. Many serious concerns have hung over the supplychains of global corporations for decades, ranging from human rights issues to lack of transparency about sourcing and other matters. Jerome Brustlein. Embed internal teams on the workshop floor.
The crisis also has multiplied the insecurity of some workers and left some precious material supplychains, such as cashmere and exotic skins, even more vulnerable. . Optimized distribution of valuecreation is important in a context where the pandemic has rendered raw material and manufacturing workers more vulnerable.
We are really looking at valuecreation from the customer perspective." . Billed as the first fully electric driver-optional tractor, the Monarch will be available in fall 2021 at a pricetag starting at $50,000. It's supposed to deliver the first models in fall 2021 and claims "hundreds" of pre-orders. Media Source.
Tue, 05/18/2021 - 01:00. The organizations that comprise the infamous alphabet soup of reporting frameworks and standards each provide their own approach to the reporting of sustainable valuecreation and disclosure of climate-related risks, which makes deciding what reporting-related certification to pursue incredibly difficult.
Only then will companies be able to respond with the innovation and valuecreation that can, without hyperbole, change the future of the world. When it comes to their own valuechain, companies can incentivize and enable their partners (including medium, small, and micro-enterprises) to adopt low carbon processes.
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. Compliance and risk still play an important role, but we see CSOs increasingly take more responsibility for valuecreation.”
The new ambition was unveiled as part of a series of ESG-related goals and initiatives announced by the company at its ESG Conference to investors and analysts today, encompassing areas including renewable energy, supplychain decarbonization, circular economy and human rights, among others. ESG enables long-term valuecreation.
DESCRIPTION: Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supplychain solutions, issued its annual Sustainability Report. In 2016 Wesco created five specific environmental goals, most of which were met at the end of 2021. SOURCE: 3BL Alerts.
More than half a century later, the automobile is once again reshaping established supplychains and creating a new industrial order—only this one is built on the high-density lithium-ion batteries that power Electric Vehicles (EVs). Subsequently, valuecreation shifts to the infrastructure and device makers with higher penetration.
Established in 2021 by fellow immigrants from Turkey and former Goldman Sachs execs Ugur Kaya and Mithat Can Ulubay, Flora aims to greater access to sustainable products at affordable prices, through the acquisition, reinvention and growth of mission-driven brands across its marketplace and 3 rd party platforms.
Wed, 03/24/2021 - 01:00. Corporations need to explore the social and broader contextual, market, employee, customer and supply-chain environmental/physical climate risks, and the adaptation actions they are implementing or could undertake as well, if they are to truly consider the interests of all of their stakeholders.
The firm’s integrated service areas include Strategy & Governance, SupplyChain & Operations, Sustainable Products & Services, Brand & Communications, Education & Culture, Cities & Environments, and Transactions & Finance. Palatine made its initial investment in 2021.
Our sustainability strategy is helping power our transformation as a premier multi-industrial company and strengthening our portfolio to deliver long-term valuecreation. It’s at the core of how we innovate, operate our businesses, and empower our people every day. million lives since 2020.
Continues to help create long-term value for business through ongoing investments in ESG and supplychain resiliency. Nasdaq: MDLZ) today published its 2021 Snacking Made Right Report, demonstrating progress against its short- and long-term ESG (Environmental, Social and Governance) goals. used in 2021 (baseline 2020).
Child labour and human rights violations are a critical and growing issue in the battery supplychain, particularly as demand for batteries continues to increase to achieve the green transition. We must keep the people across our entire valuechain top of mind. Everyone must take part in the valuecreation.
In 2021, the IFRS Foundation established the International Sustainability Standards Board (ISSB) which provides a global baseline of industry-agnostic and industry-specific sustainability disclosures, known as the IFRS Sustainability Disclosure Standards. As of August 2022, the IFRS Foundation assumed responsibility for the IR Framework.
2021 was an uncommon and tough year due to COVID19 guiding our lives. In this article, I’ll summarise key sustainability events defining 2021 and then present four sustainable ESG trends that will settle companies’ environment in 2022. 2021 Sustainability Summary. ESG trends in 2022: Sustainable SupplyChains.
“Bayer remains committed to providing farmers with the tools they need to be productive and sustainable stewards of their land, especially now as they navigate through current disruptions to agriculture’s supplychains.”. At the same time, the Group aims to increase its earning power and create value through innovation and growth.
Elected as the IUCN’s President in 2021, Al Mubarak is the first woman from the West Asia region to have led the organisation in its 72-year history, and its first Arab president since 1978.
The tool is segmented along three axes that are key to driving value-creation and impact: Do you have a holistic value proposition? The second axis that’s key to value-creation and impact is the efficiency and effectiveness of the delivery model, which can be assessed via a range of KPIs. Are you equipped to grow?
2021 Responsible Investment report highlights focus on human rights abuses, corruption, aggressive tax planning. . According to the asset owner’s 2021 ‘Responsible Investment’ report , 35 of its total 52 divestments last year were due to issues relating to poor tax transparency, anti-corruption, and human rights.
The New Formal (Krishnamoorthy & Kapur, 2021). This philosophy, combined with a supplychain that brings high-quality wool and silk rugs to 60 countries, provides Jaipur Rugs with annual revenue of $25 million. . RETHINKING BUSINESS APPROACHES FOR SUSTAINABLE DEVELOPMENT.
Its Corporate Plastic Pollution Scorecard 2021 found a ninefold increase in plastic reduction goals among corporations (compared with its Waste & Opportunity 2020 results) and a nearly fourfold increase in support for extended producer responsibility. Is the private sector leading or following?
In 2021, we did a year-long project and developed a paper called ‘What does stakeholder capitalism mean for investors ?’,” Under the exemption, they will initially only need to check for any human rights and environmental harms in their clients’ own operations, rather than across entire supplychains.
For private sector issuers, relevant considerations for selecting KPIs include information on leadership; employees; supplychain and products. The top 25% of companies in terms of gender diversity at executive level outperformed their peers by 21% on profitability and 27% on longer-term valuecreation.
Value of human capital NBIM’s investee firms this year saw a notable increase in the number of shareholder proposals relating to human rights and human capital management, with 81 proposals in the first half of 2023 compared to 51 in 2022 and 9 in 2021.
Companies release carbon dioxide and other greenhouse gases into the atmosphere due to their operations and supplychain. Furthermore, expansion to new sectors, faster cuts of the supply of allowances and other climate policies like EU’s fit-for-55 or COP26 adoption of Article 6 are pushing prices up. tonne vs $8.0
Countries in the Asia-Pacific region that dealt with SARS in 2003-2004 were best prepared to respond to COVID-19, as their specific readiness plans resulted in lower burdens of disease and death even before vaccines were introduced in 2021. Mazzucato argued that value is not only created in the private sector. First, Prof.
How Tech Moves Fast and Breaks Workers In 2021, IT for Change, with support from the Ford Foundation, undertook a major study of the digitization of the economy to try to understand how the internet has affected work and workers’ rights. Most crucially, rights-based regimes need to be evolved through global standards setting.
Norway-based energy company Equinor announced a substantial reduction in its renewable energy and low carbon solutions investment and development plans, citing a need to adapt to market conditions and further strengthen valuecreation for shareholders. Segments like offshore wind and hydrogen are impacted.
In particular, they discuss material financial risks posed by water challenges in high-tech supplychains. However, major water-related risks for Japanese companies and industries exist in the supplychain and their network of suppliers that extend into Asia. In 2021, Taiwan experienced a significant rain shortfall.
Companies have the scope and scale to deliver as a significant employer, supplychain engine, and social impact partner with society. At CECPs recent CEO Investor Forum, leaders shared their strategies for material metrics and long-term valuecreation. This includes contributions to community development (e.g.,
Successful companies are responsible businesses focused on allocating capital and resources towards long-term valuecreation for investors. Take Action Now to Drive Performance —leading companies focus on enduring, long-term valuecreation—including purpose and measurement—as they assess both risks and opportunities.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content