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Mondelēz 2022 Snacking Made Right Report We strive to make sure that the rights of people in our value chain are respected and promoted and that the communities where we matter most are resilient. Conducting a New Value Chain Human Rights Assessment In 2022, we conducted a new value chain human rights risk assessment.
The abuse of workers’ rights was severe in 2022 2 , with only 3 out of 148 countries showing improvements in this area 3. In recent years, socialsustainability has gained increasing attention from businesses, consumers, regulators, and civil society.
DESCRIPTION: December 15, 2022 /3BL Media/ - Whirlpool Corporation announced that it has been named to the 2022 Dow Jones Sustainability World Index (DJSI) in recognition of the company’s ongoing focus on responsible and ethical business practices. Learn more about its environmental sustainability strategy: [link].
25% CO2e emissions reductions across our manufacturing 39% In 2022, 39% of the electricity used in our manufacturing sites was renewable, compared to 32% in 2021. 96% In 2022, 96% of our packaging was designed to be recyclable, on track for our goal of 100% by 2025. All the different elements can and must reinforce each other.
Originally published in Crown Holding's 2022 Corporate Responsibility Report Sustainability is not just about what we do—it is also about how we do it. That is why in 2022, we refreshed our long-standing best practices program to incorporate the Transit Packaging Division and the full Twenty by 30 ™ strategy.
Key’s sustainable finance commitment includes lending and facilitating activities across the following environmental criteria: Battery Storage and Manufacturing . Green, Social, Sustainable (GSS) Bonds . Sustainable Agriculture and Forestry. Clean Transportation . Clean Water . Conservation . Energy Efficiency .
Foundation FSSC’s FSSC 24000 SocialSustainability Management System Certification Scheme is currently being benchmarked under the SSCI’s Processing and Manufacturing scope (Social). FSSC 24000 is the fourth SSCI Benchmark applicant to advance to the public consultation stage of the SSCI Benchmark.
In addition to consumer sentiment rankings for sustainability across 18 categories, the Report found that, for consumers, a combination of environmental sustainability and socialsustainability is required to influence brand reputation.
DESCRIPTION: PARIS, May 31, 2022 /3BL Media/ - The Consumer Goods Forum is delighted to announce the following new companies have joined our global membership community and, in doing so, have confirmed their commitment to our vision of better lives through better business. SOURCE: The Consumer Goods Forum.
The Consumer Goods Forum (CGF)'s Sustainable Supply Chain Initiative (SSCI) benchmarks third-party sustainability auditing, monitoring, and certification standards against industry-developed criteria to provide trusted guidance on which standards cover key sustainability topics and operate responsibly.
PARIS, February 15, 2024 /3BL/ - The Consumer Goods Forum’s (CGF) Sustainable Supply Chain Initiative (SSCI) is pleased to announce that Foundation FSSC has successfully completed the SSCI Benchmarking process and achieved SSCI Recognition for their FSSC 24000 Scheme. More information on the FSSC 24000 Scheme is available on their website.
Issuance volumes of green, social, sustainability and sustainability-linked (GSSS) bonds rebounded strongly in Q1 2023, resuming double-digit growth trends after falling 18% in 2022, according to a new report from Moody’s Investors Service. trillion in 2021. While the U.S. Non-financial corporate issuance in the U.S.
Read more about topics related to environmental and socialsustainability, themes and projects close to us in terms of culture and corporate modus operandi on our Soft&Green blog. According to Polman, companies should put themselves on the front line and support governments that cannot solve these problems alone.
Prior to the new offering, Hong Kong had issued approximately $10 in green bonds, beginning with its inaugural $1 billion offering in 2019, followed by additional institutional issuances in 2021 and its first retail green bond in 2022.
JUST Capital, a nonprofit organization with a purpose to equip the market with these insights, released its annual JUST 100 rankings at the beginning of 2022. The transition from a “trust me” to a “show me” mentality with sustainability reporting. Why socialsustainability will be the prominent focus in 2022.
In August 2022, the government followed up with a strengthened Nationally Determined Contribution (NDC) , including commitments to reduce emissions intensity by 45% and to transition to approximately 50% electric power from non-fossil-based sources.
At European level, according to Morningstar’s findings, there has been an increase from less than 400 billion open-end funds and sustainable ETFs (Exchange Traded Funds that allow investors to manage risks associated with environmental, social and governance factors) in 2017 to about 2.5 trillion in 2022.
Winners of the 2023 awards are as follows: Crown's LaCrosse, Wisconsin beverage can plant won the Environmental Sustainability Award, which recognizes excellence in environmental protection by minimizing the impact of the Company's operations, reducing material consumption or improving recycling or reuse of resources. Crown Holdings, Inc.,
As part of our continued commitment to the future and in line with our strategic ambition to lead the sustainability transformation, we have taken a holistic approach across five interconnected areas where we can contribute the most: food systems, circularity, climate, nature, and socialsustainability.
Moody’s forecasts the GSSS bond market to grow 10% in 2023 to issuance of $950 billion, after declining 18% in 2022 to $862 billion, from a record $1.05 Despite the 2022 decline, the sustainable bond market substantially outperformed the global bond market, which saw issuance volume fall by 27%. trillion in 2021.
By region, Moody’s anticipates that Europe will maintain the largest share of GSSS volumes, after accounting for 45% of issuance in 2023, with sustainable bonds representing 20% of total bond issuances, and growing to $428 billion in 2023 from $411 in 2022, as sustainability issues remain top of mind for issuers.
DESCRIPTION: As we wrap up 2022, we’re taking a look back at the impressive adoption rate of the WELL Health-Safety Rating for Facility Operations and Management throughout the Asia Pacific region. In 2022 over 4.2 Active Super has long-been a leader across Australia when it comes to environmental and socialsustainability.
The winners have been announced for the 2023 Environmental Finance Bond Awards, which celebrate the leading green, social, sustainability and sustainability-linked (GSSS) bond and loan deals in 2022 and recognise market innovations.
Global issuance volumes for green, social, sustainability, and sustainability-linked bonds (GSSSB) are expected to fall 16% this year to $865 billion, according to a forecast in a new report by S&P Global Ratings, as credit conditions continue to pressure overall global bond issuances. trillion for 2022.
Sustainable Sourcing: Joining the Global Shea Alliance, Mary Kay promotes economic well-being for the 16 million women Shea collectors in West Africa. Resource Conservation: Through a 16-year partnership with the Arbor Day Foundation, Mary Kay has supported the planting of over 1.4
Issuance volumes of sustainability-linked bonds (SLBs) fell sharply in late 2022, after several years of rapid growth, according to a new report by S&P Global Ratings, as challenging market conditions and increasing investor scrutiny pressured the asset class.
With the new issuance, the group’s sustainable debt share now exceeds 60%. Sustainability-linked debt is one of the fastest growing areas of sustainable finance, with attributes including interest payments tied to an issuer’s achievement of specific sustainability targets.
Global issuance of labelled sustainable bonds – including green, social, sustainability, sustainability-linked, and transition bonds – declined sharply in the second quarter of 2024, as fewer new issuers entered the market and issuers contend with regulatory scrutiny, according to a new report released by Moody’s Ratings.
Issuance volumes of green, social, sustainability and sustainability-linked (GSSS) bonds rebounded sharply in Q1 2024 over the prior quarter, rising 36% to $281 billion, up from $207 billion in Q4 2023, according to a new report from Moody’s Investors Service.
The acquisition follows several years of rapid growth in the sustainable finance market, with the ESG debt universe reaching $4.5 trillion now compared to $1.5 trillion 2 years ago.
Just as environmental and economic sustainability require careful preservation and use of natural and financial resources, people sustainability requires treating people and human potential as precious resources that must be supported and valued to drive resilience and agility — and the future we all wish to see.
Despite the pullback, Moody’s maintained its full year forecast for green bond issuance of $550 billion, up more than 10% over 2022. Social bond volumes fell 29% to $42 billion in Q3 after a strong Q2, while sustainability bonds declined by a more modest 13% to $37 billion.
Ola Elmqvist, Executive Vice President Packaging Solutions, Tetra Pak Read more here Our progress in 2022 Increase access to safe, nutritious food Food innovation Food processing and packaging can be an enabler for healthy diets through technologies that enhance nutrient content and advance plant-based alternatives.
In 2022, LVHM became 1 of only 12 companies in the world to receive a "triple A" rating from the CDP for its leadership in protecting the climate, forests, and water. The post LVMH’s Third Annual Social and Environmental Responsibility Report Highlights Progress and Innovation appeared first on Environment + Energy Leader.
For the second quarter, GSSS bond issuance volumes of $258 billion were flat over the same period last year, recovering from a sharp decline in the second half of 2022, and significantly outperforming the broader market, with GSSS bonds rising to 15% share of global bond market issuance.
But they invested less, and less often, than in 2022. billion compared to 2022. However, investing in socialsustainability has several challenges, including difficult geopolitical environment in many countries, as well as a perceived lower rate of return and higher risk.
DESCRIPTION: PARIS and SHANGHAI, February 24, 2022 /3BL Media/ - On 17th and 18th February 2022, The Consumer Goods Forum (CGF) successfully held the fourth edition of its annual China Day series of events. Yajuan WANG, CMO of Xiaohongshu, delivered a speech entitled “2022 Consumption Trends”. SOURCE: The Consumer Goods Forum.
By issuer type, the report notes the substantial growth in sovereign issuance in 2023, increasing by over 50% to a record $160 billion, as more issuers – 35 in 2023 compared to 24 in 2022 – joined the market, and seven issuers topped $10 billion, including the UK at $23 billion, Germany at $19 billion, and Italy at $15 billion.
PARIS, September 21, 2022 /3BL Media/ - The Consumer Goods Forum’s (CGF) Sustainable Retail Summit will bring together hundreds of the world’s industry leaders in-person in Amsterdam next month, to accelerate action on urgent challenges facing the consumer goods industry.
2022 was a landmark year for impact investing. billion overall in 2022, according to Tameo. Green, social, sustainability and sustainability-linked (GSSS) bonds have reached a tipping point. Investors can also find an ever-increasing range of impact investing products.
IDH operates globally in 12 different industry sectors ranging from coffee and tea to cotton and soy and encourages joint investment in innovative models to realize long-term solutions for environmentally and sociallysustainable production and trade. SOURCE: Musim Mas.
Socialsustainability requires considering their needs. There’s a need for examples of organizations with “successful social justice strategies and processes,” wrote a North American academic. Get Started: What Is SocialSustainability provides an overall framework for action. Sustainable Finance 10.
The group’s latest report, “ A world in balance 2024:Accelerating sustainability amidst geopolitical challenges ” tracks advancements in organisations’ environmental and socialsustainability over the last three years. In late 2023, executives were planning to increase investments in sustainability this year.
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