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Thanks to its neutral stance, the region is not just weathering geopolitical tensions its thriving, according to DP Worlds 2025 Trade in Transition report. The annual report, co-authored with Economist Impact, examines the headwinds of global trade in 2025 and their impact around the world. trade policy.
Today, companies are increasingly accountable for their impact on human rights, the environment, and society at large, and not just for their own operations, but throughout their supplychains as well. In this blog, we will look at key legislation you need to be aware of and also discuss best practices for supplychain due diligence.
This is in addition to 13 per cent lost in the supplychain, according to the FAO. WRAP warns that food loss and waste have devastating impacts on society and globaleconomies too.
Microsoft committed to protect more land than it operates on globally by 2025. When more than 190,000 humans died of COVID-19 globally, nearly five times the number one month earlier, and more than 20 million Americans lost their jobs. When the globaleconomy essentially sank like a stone as people world over sheltered in place.
With more than one quarter of the globaleconomy committed to achieving net-zero emissions over the coming decades, it follows that the shipping sector will be under increased pressure from governments and private players to clean up its act. waters by 2025 as it works to make domestic shipping net-zero by mid-century.
February 12, 2025 /3BL/ - Cascale, a global nonprofit alliance representing over 300 organizations across the consumer goods industry, and Worldly, the leading sustainability data insights platform, released their latest policy deep dive, Building a Global Baseline: The Role of IFRS Sustainability Disclosure Standards.
It’s their supplychain, it’s the whole value chain, it’s everything that happens from the raw materials to the end of the line.”. Change is hard, and we’re talking about massive changes, really reinventing and rebuilding our globaleconomy over the coming decades,” said Makower. “We
This will have a tremendous impact on nature that, in turn, will affect businesses and the globaleconomy. The World Economic Forum analyzed 163 industry sectors and their supplychains and found over half of the world’s GDP is moderately or highly dependent on nature and its services.
Its landmark report, "The New Plastics Economy," sounded the alarm in 2016 that if "business as usual" continues, by 2025 the ocean may hold more plastic than fish by weight. Its 60 signatories across public and private sectors agree to advance circularity goals for plastic by 2025.
The announcement by UBS marks the latest in a series of moves by banks globally to withdraw or pull back on climate commitments, although UBS changes appear less drastic than those by some of its peers.
The newly formed Ontario Power Authority forecast that peak demand for electricity would start growing nearly twice as fast as it had over the previous 15 years, reaching 30,000 MW by 2025. The newest reactor in this country was built 30 years ago; the supplychains for many of the components are long gone.
For years, the relationship between sustainability and profitability in supplychain management was viewed as a zero-sum game. These findings and more are captured in DP Worlds report, titled Sustainability Drives Financial Benefit Across SupplyChains , available for download now. That narrative is rapidly evolving.
“The rapidly changing global context urges the global business community to respond with smarter innovations and more responsible operations, seizing every opportunity to act with a larger purpose in mind,” said Yuanqing Yang, Lenovo’s CEO and Chairman.
For example, the Mission Possible Partnership gets leading heavy-industry companies, banks and governments to create investment-grade “net-zero” sector strategies in seven key areas of the globaleconomy — aviation, shipping, trucks, chemicals, steel aluminum and cement. More than 200 companies and organizations are so far involved.
The NAM and its members are at the forefront of every important policy debate, focusing on solutions to help the industry compete in the globaleconomy and to help the country address challenges ranging from supply disruptions and inflation to the workforce crisis and energy security. Manufacturing employs more than 12.8
It also means protecting, managing and restoring nature, coupled with major investments from businesses to reverse nature loss, beyond their value chains. Deforestation must be removed from supplychains by 2025. In a globaleconomy no-one will be unaffected when climate-related disasters hit.
The 2023 edition of the Circularity Gap Report , an annual study of circularity adoption worldwide by Circle Economy, states that the globaleconomy increasingly relies on materials from virgin sources. The authors estimate that the globaleconomy is only about 7.2% circular, down from 9.1%
Economic value: Biodiversity directly supports industries like agriculture, fisheries, and tourism – but also all economic activities based on natural capital, contributing trillions of dollars to the globaleconomy. Biodiversity loss leads to operational risks like resource scarcity and supplychain disruptions.
So, how can consumer goods companies contribute to global goals around reducing plastic waste and pollution? While many consumer goods companies have made ambitious targets for 2025 and beyond, success on some fronts has proven to be elusive. trillion in the globaleconomy, and reducing plastic waste is a crucial focus.
From harvest failures to disruptions in logistics, the impacts of climate-related disasters such as severe flooding and extreme heat also mean greater costs for businesses and consumers in a globalizedeconomy. It is increasingly urgent for companies to take effective action to decarbonize and build resilience in their supplychains.
Convened at COP26, we have already worked to set industry-wide standards for engagements, and are using these, together with the fast-growing set of tools, data and roadmaps to use our best efforts to eliminate the deforestation in our portfolios by 2025.
For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supplychains and lending/investment portfolios are often more complex than for other industries. For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8
Next generation of professionals challenged to develop a business concept leveraging artificial intelligence in plastics value chain Finalists will present virtually to panel of judges that includes leaders in sustainability OAKLAND, Calif.,
The first priority for governments is to ensure their national climate plans (NDCs), due by early 2025, accelerate the transition from fossil fuels to clean energy. These plans must close the gap between current policies and the goal of limiting global warming to 1.5C. Only then can we hope to secure a sustainable future for all.
The EU’s FuelEU Maritime initiative is also set to apply from 1 January 2025. Starting at a 2% reduction in 2025 compared to 2020 intensity levels, it will increase to 6% by 2030, and eventually reach 80% in 2050. It will impose constraints on the average annual GHG intensity of onboard energy used by ships.
Progress on the Sustainable Development Goals (SDGs) is falling short , and there are still around 4 billion people living on incomes below $8 per day — the widely used income threshold for the “base of the pyramid” in today’s globaleconomy.
Drawing on that mandate, Ardern declared a "climate emergency" and set the wheels in motion for New Zealand’s public sector to become carbon neutral by 2025. In that role, she was engaged in helping clients develop strategies for supplychain transparency disclosures and claim, emissions reporting and human rights. . "In
This along with an end to fossil fuel subsidies by 2025 is the timeline business needs to help get us on track. Anything less is incompatible with limiting global temperature rise to 1.5ºC.” is also joining RE100 by committing to 100% renewable electricity by 2025. . Mack-Cali Realty Corporation and NRG Energy Inc.
Companies poised to act early will find themselves at the forefront of the growth markets in the globaleconomy. The UK will deliver its full plans in 2025. We Mean Business Coalition and our business partners are looking forward to working with Brazil to meet this moment in 2025.
The prospects for resolving any of these global issues already dim seem to have gotten even dimmer as the year has progressed, raising doubts about whether solutions will be found in time. Impact investings promise is to offer financial returns alongside tangible social and environmental benefits.
Virginie Derue, Head of Responsible Investment Research at AXA Investment Managers, identifies unifying themes for 2025 across social and environmental issues. In 2025, there is likely to be much scrutiny around US President Donald Trumps anti-green agenda. They risk peoples wealth, health and lives, and endanger political stability.
While opposing camps beefed up their arguments for a re-match, the 2024 presidential election focused attention on Project 2025, a handbook for Trumps second term, which sought to prohibit investing in ERISA plans on the basis of any factors that are unrelated to investor risks and returns (sic).
Under the Paris Agreement, countries were only obliged to update their goals by 2025. Volkswagen announced that it would more than double its network of electric vehicle charging stations by 2025. Nature is the substrate of everything including our economy. The bipartisan legislation in the U.S. will invest more than $7.5
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