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The past three years have seen mounting challenges compound on a global scale – from the ongoing COVID-19 pandemic and supplychain disruptions, to fuel shortages, energy security issues, and extreme weather events – raising the stakes within an already complex purchasing environment. Today’s markets are more volatile than ever.
DESCRIPTION: Covid-19 has instigated significant changes in global procurement and supplychain operations. The global lockdowns exposed supplychain weaknesses, which were pervasive even before the pandemic, especially sub-par labor practices. Understanding supplychain complexity.
In November 2021, we were proud to publicly announce our goal to achieve net-zero global emissions across our value chain by 2040, joining more than 2,000 businesses around the world committed to the Science Based Targets initiative (SBTi). What does it mean to achieve net-zero? Why 2040 vs 2050?
Make no mistake, for high tech and every industry, netzero is a bottom-line issue. IDC researchers predicted that by 2024, to improve long-term supplychain profitability, 70% of manufacturers in global supplychains will invest in software tools supporting sustainability and a circular economy business model.
initiative in 2021, which uses a digital watermark to improve sorting and increase the recycling rate of plastic packaging in the EU. Learn more about Essity's Journey to NetZero here. Download Essity's Journey to NetZero report here. To address plastic recycling, Essity joined the HolyGrail 2.0
The company aspires to have its own carbon neutral supplychain by 2040 and recently extended its 100% renewable electricity target to all suppliers. . This effort aligns with Ørsted’s own net-zero by 2040 supplychain initiative - we understand firsthand that in the realm of decarbonization there are no competitors, only partners.
The higher education sector has a major role to play in the journey to NetZero – both in terms of reducing its own environmental footprint and by helping to develop new climate technologies through applied research and co-innovation with industry. New research and skills are needed to meet NetZero demands.
DESCRIPTION: Microplásticos announces goal of being Net-Zero in Scope 1 and 2 by 2030. Collaboration will support Schneider Electric’s Zero Carbon Project to decarbonize supplychain. Our mission is to be your digital partner for Sustainability and Efficiency. SOURCE: Schneider Electric.
Ericsson is actively working to reduce emissions in its supplychain. In 2021 Ericsson supplychain emissions totalled 2.6 In 2020, Ericsson set a target to engage with 350 of its high emitting and strategic suppliers – responsible for 90% of Ericsson’s supplychain emissions – to set their own 1.5°C-aligned
The Energize program aims to address the current and future challenges of climate change and its impact on human health by supporting decarbonization across the global industry supplychain. As a key partner to the pharmaceutical industry, we’re also pleased to support their efforts to decarbonize their supplychain emissions.”
billion based on exchange rates this week) over the next decade in efforts to tackle climate change and deliver on a new goal to ensure netzero emissions across its value chain by 2039. The firm also confirmed that it is aiming to achieve a deforestation-free supplychain by 2023. SupplyChain.
Reducing emissions from Ericsson’s supplychain and own activities. To support the ICT sector’s transition to a low carbon economy, the International Telecommunication Union (ITU) has released the NetZero standard 1 ) to guide companies in the sector on setting NetZero targets and strategies.
When working toward 2050, we must leave no stone unturned and engage all employees on our journey to netzero. Best practices are shared digitally in real-time to achieve energy excellence by learning from others. Digitalization in manufacturing. Learn more about Essity's Journey to NetZero here.
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 Gartner SupplyChain Top 25 identifies, celebrates and profiles supplychain excellence on a global scale, and by target region and industry.
Broadly focused on the fossil fuels company's digital transformation, the applications being built collaboratively by the two companies are aimed at measuring carbon emissions — both Shell's and those of its suppliers and customers. As part of its long-term strategy, Shell declared a net-zero emissions target by 2050 back in April. .
Together with partners, we use our experience and resources to accelerate innovation to ensure that our portfolio satisfies customer and consumer demands while contributing to a circular society and netzero future. Learn more about Essity's Journey to NetZero here. Download Essity's Journey to NetZero report here.
Indeed, the connection between environmental health and human health underscores the importance of the medical community’s role in reaching netzero carbon emissions. Some of these greenhouse gases are produced from healthcare facilities; others are the result of the industry’s supplychain of goods and services.
Professional services firm KPMG and supplychain visibility solutions provider Circulor announced a new alliance aimed at enabling clients to create sustainable and circular battery and industrial value chains, and to ensure access to supplies of scarce raw materials.
DESCRIPTION: I work at a company committed to reaching netzero greenhouse gas (GHG) emissions by 2040, including our operations, supplychain, and product use. But what exactly does “netzero” mean, and how can someone interested learn more? What netzero means. Want more details?
And they need to realize that encouraging and helping their suppliers, customers, and other business partners to strive for greater energy efficiency—through electrification and digital and automation technologies—and cleaner energy procurement, is a huge part of the answer. Digital technologies are central to this.
Canada is making strides to address climate change, pledging ambitious commitments to accelerate a path towards a safe and prosperous net-zero future by 2050. But achieving a net-zero future requires every sector of the economy play a role, not just government. It’s a connected chain. Be selective with suppliers.
More companies are committing to emissions reductions but still struggle to measure and verify the impact from corporate headquarters to global operations to supplychains. As more companies make "carbon net-zero" commitments, how will stakeholders — investors, employees, customers and regulators — hold these companies accountable?
billion square feet of managed property, CBRE has an outsized opportunity to help reduce greenhouse gas emissions through our own operations, services for our investor and occupier clients, and our entire value chain. . Advancing NetZero. DESCRIPTION: With buildings responsible for 40% of carbon emissions globally and our 7.1
The company touts advancing responsibility for sourcing raw ingredients, such as cobalt, within its supplychain. Last year, Ecolab set a goal for net-zero carbon emissions by 2050, getting halfway there by 2030. The company’s "Commitment to Life" vision for 2030 includes net-zero GHG emissions by 2030, and raising by 7.4
Research from an industry body called the Energy Efficiency Movement shows the industrial sector could save $437 billion by 2030 by applying efficiency measures such as digitizing machinery and processing data in the cloud. Less weight means less energy is required to ship the phones in bulk, reducing supplychain costs and emissions.
CRM software provider Zendesk revealed a series of climate-related milestones, including reaching carbon neutrality across its product supplychain, and on employee travel and commuting-related emissions, as of the end of 2022. The post Zendesk Achieves Carbon Neutrality Across Product SupplyChain appeared first on ESG Today.
We’re talking about the factories that manufacture the machinery and parts for farming tractors, construction excavators, robots, data centers, elevators, cars, wind turbines, heating and ventilation equipment, and more – essentially the infrastructure of modern, digital society. Remanufactured SupplyChains Coalesce Around Sustainability.
Partners bring the domain-specific knowledge and platforms that allow companies to harness AI for sustainability, whether it’s for monitoring carbon hotspots or optimizing supplychain emissions.
The Government of Canada announced the signing of new agreements with German automakers Mercedes-Benz and Volkswagen, aimed at enhancing collaboration and promoting investments in electric vehicle (EV) and battery supplychains and manufacturing in the country.
Recognition of the role of digital tools for traceability : Improved data and the application of digital tracking will enable true progress. Some envisaged applications in the production process include reducing virgin polymers and boosting material and supplychain efficiency.
There also is this realization: if we want to ensure Germany and other countries remain industrious, then digitalization and optimizing automation processes are key. Over the decades, the combination of efficient, software-centric automation and digitalization will result in true sustainability. How are we going to do this?
I work at a company committed to reaching netzero greenhouse gas (GHG) emissions by 2040, including our operations, supplychain, and product use. But what exactly does “netzero” mean, and how can someone interested learn more? Here are some things I learned about netzero from this live discussion: 1.
Across the globe, an overwhelming 94% of consumers are demanding a shift to a green economy and holding businesses accountable for driving the crucial changes needed to achieve global net-zero emissions. Mastercard Strive is enabling Alner to further enhance its mobile app by introducing features to boost small businesses’ performance.
Lenovo is committed to achieving Net-Zero emissions by 2050 and our sustainability efforts start with our own manufacturing and supplychain. To solve that challenge, we embarked on an ambitious project to digitize our manufacturing site and monitor ESG data points.” Rico Liu, Sr. JianBiao Yin, Sr.
The standard setter emphasises internal decarbonisation, action-based targets as part of revamped netzero standard for corporates. Wyburd said that while carbon credits and removals can support the path to netzero, they must never be a substitute for internal decarbonisation.
We track almost everything these days: packages, food, supplychains, even pets. Google, Microsoft, and, a few weeks ago, IBM have all come out with a commitment to 24/7 traceability of their clean energy purchasing to meet their NetZero goals. The post Forget net-zero, businesses should be striving for true zero.
It led us to set comprehensive 2030 goals to combat climate change , advance human rights and accelerate digital equity. Journey to netzero: We reduced HP’s carbon footprint by 9 percent compared to 2019, and we need to accelerate efforts to reduce 50 percent greenhouse gas (GHG) emissions by 2030 and to achieve netzero GHG by 2040.
growth in companies’ net-zero emissions targets. The study, an annual report on the state of corporate purpose that companies use to benchmark their goal setting and disclosures, found companies are adapting very quickly to setting net-zero and carbon-neutrality goals. SOURCE: CECP: Chief Executives for Corporate Purpose.
Lenovo unveiled new concepts, solutions, and emerging innovations that will define the way we work, learn, and engage in the digital world. The company also announced its vision for net-zero emissions, honing in on a credible and collaborative blueprint to addressing one of humanity’s greatest challenges. AI Solutions.
In 2021, new and updated sustainability targets were adopted, that included a commitment to achieve net-zero emissions of greenhouse gases by 2050. The most important areas have been identified for the Science Based Targets 2030 and net-zero emissions by 2050. Key action areas.
DESCRIPTION: Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced the global launch of Energy Expert, a sustainability platform to help customers worldwide measure, analyze and manage the carbon emissions of their business activities and products. SOURCE: Alibaba Group. View original content here.
The proposals make up critical elements of the EU’s recently launched Green Deal Industrial Plan, a series of strategies and initiatives aimed at enhancing the competitiveness of the Europe’s netzero industries, and supporting the EU’s transition to climate neutrality.
There’s discussion among many water utility leaders to have water utilities sign up for netzero goals, for example,” he added. And Schlaman added that the megatrend in the industry is a shift toward digitization. Planning for the future. There’s a big push toward dynamic master planning,” he said. “We
This vast reach means our solutions organize much of the world’s supplychain, transportation, financial data, and more. A Shift Towards Simplifying Data Sharing In recent years, more and more companies have made net-zero commitments – often before knowing how to execute these lofty goals.
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