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The race to meet global clean energy targets is on, and the supplychains supporting this shift are feeling the pressure. As new clean energy projects take off, manufacturers must secure vital materials while navigating an increasingly complex web of sustainability expectations from regulators and consumers alike. In the U.S.,
Originally published in Lenovo's 2023/24 ESG Report Supplychain ESG practices As a global business offering a variety of products and services in 180 markets around the world, Lenovo manages a diverse and dynamic supplychain. ODMs include manufacturing partners who manufacture products on behalf of Lenovo.
EV sales surpassed 1 million for the first time in 2023, the International Energy Agency (IEA) projects U.S. EV sales to exceed 17 million by the end of 2024, marking a 20% increase from 2023. This transition is reshaping global supplychains in ways manufacturers are still scrambling to adapt to.
Originally published in Qualcomm's 2023 Corporate Responsibility Report We work to have a sustainable supplychain management program that emphasizes product quality while minimizing risk and improving overall sustainability. Understanding risks and enabling supplychain sustainability is a key part of acting responsibly.
Originally published in Qualcomm's 2023 Corporate Responsibility Report Each of our primary semiconductor manufacturing suppliers is required to have an ISO 14001-certified environmental management system, and in 2023, all such suppliers reported meeting this requirement. We also evaluate physical risks in our supplychain.
December 13, 2023 /3BL/ - Growing demand for electric vehicles is reshaping manufacturingsupplychains, according to a new report by DP World and Canary Media’s Canary Creative. Available for download now, the report provides an examination of how this shift impacts manufacturingsupplychains.
This can not only damage the reputations of wind turbine manufacturers and operators, but also adds weight to arguments against wind power. Product defects are one possible cause, but how can manufacturers resolve quality issues when supplychains are so complex? And repairs are costly, too.
Sustainable investing is changing global supplychains: 4 key takeaways. As a result, the Sustainability Accounting Standards Board framework and the recommendations from the Task Force on Climate-related Disclosures have emerged and are expected to become part of companies’ reporting cycles starting in 2023.
SteelZero commitments represent a new era in heavy manufacturing production. Industry experts say current processes for doing it are so extremely expensive that few manufacturers have the financial ability. Manufacturing. Jesse Klein. Wed, 01/27/2021 - 00:30. Decarbonizing steel has a chicken or the egg problem. Pull Quote.
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.
DUBAI, United Arab Emirates, December 5, 2023 /3BL/ - My Green Lab, the world’s leading nonprofit organization dedicated to improving the sustainability of scientific research, today announces the launch of Converge, a collaborative supplychain initiative.
SITGES, Spain and BARCELONA, Spain, November 1, 2023 /3BL/ - The second edition of The Consumer Goods Forum’s (CGF) SupplyChain Conference (SCC) officially closed with a networking dinner at Finca Villadellops, a vineyard on the coast of the Catalan region of Spain.
On this episode of our series, we look at creating a circular economy in manufacturing. Dennis Wilson shows us why reverse supplychains are the future of manufacturing. billion in sales in 2023 160,000 employees, locations in 76 countries Committed to achieving net zero carbon emissions by 2050
In early March, the company announced it would have 20 new EVs by 2023. The company is also on track to manufacture more than 100,000 electric vans for Amazon. EV design and manufacturing comes with an entirely different set of challenges, even without a global pandemic as a backdrop. Manufacturing changes.
We are known by many for our expertly crafted fragrances and our best-in-class retail store presence, but a full understanding of our business begins with a closer look at our unique supplychain. based, vertically integrated supplychain enables us to deliver high-quality, on trend luxuries at affordable prices.
Chief SupplyChain Officer Tamera Fenske recently provided insights for Consumer Goods Technology’s 2023SupplyChain Special Report. In an interview, Tamera discussed Kimberly-Clark’s commitment to elevating supplychain capabilities sustainably while maintaining quality.
July 6, 2023 /3BL/ - Lenovo has once again been named in the Gartner SupplyChain Top 25 for 2023, ranking eighth in this list of global companies with supplychains. The SupplyChain Top 25 ranking comprises two main components: business performance and opinion.
Read the 2024 Wesco Sustainability Report here Products, Innovation and SupplyChain Designed for a Dynamic Market Our Products We offer a wide range of sustainable products from the world’s leading manufacturers and help our customers determine the best solution to meet their sustainability goals.
To increase supplies of its fuses, Eaton is building a new 65,000 square-foot, state-of-the-art assembly plant in the Santiago province and creating approximately 300 manufacturing jobs. Eaton has operated in the Dominican Republic for more than 35 years and is one of the country’s largest manufacturers. Follow us on LinkedIn.
Worldwide, there are more than 95,000 private companies with annual revenues over US$100 million, compared to only 10,000 public companies over that threshold, according to a 2023 report from investment management firm Hamilton Lane. By 2023, Bosch reported that 99% of its electricity requirements were met by green energy. in 2024.
Lenovo’s International Services SupplyChain (ISSC) is the winner of the 2023 Award of Excellence for Making an Impact from the Association for SupplyChain Management (ASCM). We firmly believe that authentic sustainability leadership extends far beyond symbolic actions like curbing travel or planting trees.
On balance, all the uncertainty surrounding various trade issues as well as supplychain constraints took their toll on industry growth. As the industry looks ahead to 2023, there is cause for optimism. Download the executive summary today.
The European Investment Bank (EIB) and Paris-based financial services group Societe Generale announced the launch of a new clean energy financing initiative, aimed at unlocking as 8 billion in investments to support manufacturers across the wind energy supplychain in Europe.
The consumer goods giant unveiled its new Climate and Nature Fund on Monday as it set out a raft of fresh sustainability goals, which include plans to end deforestation in its supplychain and communicate the carbon footprint of every product it sells. SupplyChain. Corporate Strategy. Natural Climate Solutions.
Sourcing algae from sustainable seaweed farmers that capture carbon as they grow their crop, Loliware is working to manufacture a variety of bio-based polymers. Although the pandemic has disrupted hospitality and demand, Loliware has used the lull to advance its technology and scale manufacturing with a mission to overturn legacy plastics.
The FY 2023/24 Verification Statements for GHG, Energy, Waste and Water can be viewed here. In addition, Lenovo ESG Navigator is in use at Lenovos Beijing Headquarters where it is deployed as a smart building solution and within Lenovos Global SupplyChain where it collects and monitors select ESG data related to suppliers and products.
21 A core component of any circularity strategy are products that enjoy multiple lives through repeated cycles of reuse, recovery and recycling, and the assurance that any byproducts of the manufacturing process are put to good use. Dry ash can be used in road construction and in the manufacturing of concrete.
Originally published in Lenovo's 2023/24 ESG Report Lenovo is working both internally and externally to minimize and mitigate water risks. During the FY 2023/24 reporting year, Lenovo continued to measure and monitor water use and risk. During the FY 2023/24, there were no water-related incidents.
According to a recent study by the SEMI Semiconductor Climate Consortium , the semiconductor industry’s carbon footprint was equivalent to 500Mt of CO 2 in 2021—with 16% coming from the supplychain. Collaboration is critical in reducing global emissions, no one company nor one industry alone can do it all.
The S&P Global Commodity Insights Clean Energy Technology service provides in depth coverage of the supplychain economics and outlooks for batteries and energy storage. 10 cleantech trends to look out for in 2023: Component prices decline but do not immediately translate into lower renewable system capex.
At Henkel Adhesive Technologies, water is not just an essential resourceit is a key part of our value chain, from raw material sourcing to manufacturing and product application. Since the site does not use water in manufacturing, all reductions stem from domestic water use.
The report details Arrow’s ESG performance in 2023 and identifies the company’s related goals for 2024 and beyond. “We About Arrow Electronics Arrow Electronics guides innovation forward for thousands of leading technology manufacturers and service providers. CENTENNIAL, Colo., March 26, 2024 /3BL/ - Arrow Electronics Inc.
Nearly two-thirds of forced labour (63%) occurs in the private sector, and the consumer goods industry is deeply impacted, with most cases identified in agriculture and manufacturing. Undoubtedly, it can be challenging to take on a leadership role when it comes to excluding abuse from global supplychains.
The Canadian government recently passed the Fighting Against Forced Labour and Child Labour in SupplyChains Act. The new law is designed to address forced labour and child labour in supplychains by requiring companies to disclose their efforts in eliminating labour abuse from their supplychains.
Monster Beverage Corporation 2023 Sustainability Report At Monster Beverage we aim to use fewer resources in the production and sale of our beverages. Our 2023 Sustainability Report details our sustainability journey and ongoing efforts. 2023 was a year of remarkable achievements. Thank you for being a part of our journey.
based manufacturer of sporty, one-person electric cars, recalled 429 of its three-wheel “Solo” models in February, due to both performance (occasional losses of power) and regulatory issues. And now, the 2023 federal budget promises $20 billion in new funding for clean power and green infrastructure. Capital is out there.
This concept is often known as product takeback when products are returned to the manufacturer for responsible reuse or recycling. Since Cisco started holding these events in 1995 through our fiscal year 2023, our employees and contractors have helped recycle 3283 metric tonnes of used electronics.
Photo Credit: Nextracker The clean energy industry is staging a great American comeback—facilitating the buildout of manufacturing and the revitalization of communities in the U.S. It’s no secret that the United States has experienced a downturn in manufacturing. In addition, 71 percent of U.S.
SAN FRANCISCO, AMSTERDAM and HONG KONG, February 14, 2024 /3BL/ - The Sustainable Apparel Coalition (SAC) will host its first Manufacturer Forum of 2024 on March 6 in Dhaka, Bangladesh; the event will be held alongside the Sustainable Apparel Forum , which will be hosted by the Bangladesh Apparel Exchange on March 5.
In 2023, we advanced on our strategy to reduce greenhouse gas emissions through increasing renewable electricity use, enhancing operational efficiencies, upgrading equipment and expanding use of alternative fuels. Working to Reduce Emissions in Our SupplyChain We are working to reduce carbon emissions across our supplychain.
Lenovo’s newest Global Innovation Centre , unveiled in October 2023 and operating on-site at the facility, now has the capacity for customers to test HPC workloads on 100% solar energy. At Lenovo, from our supplychain to our services, we offer customers significant support when it comes to helping reach their sustainability goals.
We are implementing a similar shared pack concept in Europe, which makes our packaging much leaner and gives us more flexibility in our supplychain to supply medicines where they are most needed. View the full 2023 Sustainability Report. This advances our previous work with trilingual packs that we implemented in 2022.
Cascale (formerly the Sustainable Apparel Coalition) hosted its first Manufacturer Forum of 2024 — and first under the new name — on March 6 in Dhaka, Bangladesh. She outlined what manufacturers must anticipate upon their release.
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