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Environmental NGO WRAP is using COP29 to highlight the need for countries to include food loss and waste in their Nationally Determined Contributions (NDCs). A new report shows that, of the 195 countries attending COP29, only 12 have committed to reducing food waste and just 17 to tackling food loss.
The energy transition is creating a profound shift across industries and globaleconomies. Amplified by technological innovation and intense competition, it is reshaping sectors and shifting economies toward renewable energy. Central to this effort is the energy transition, one of the key economic growth drivers of our time.
PARIS, November 16, 2023 /3BL/ - The Consumer Goods Forum (CGF)’s Food Waste Coalition of Action has today released its first baseline report , presenting operational food surplus and waste aggregated data from sixteen of its retailer and manufacturer members. Total food waste across the cohort was 2.12 billion tonnes.
In food, for instance, business models and distribution methods were reshaped in a matter of weeks, as supplychains flexed to keep groceries in stock and farmers struggled to offload overripe crops. It’s a globaleconomy-wide issue but the fact that it is everywhere should inspire us to action. Chief legal officers .
SANTO DOMINGO, Dominican Republic, August 22, 2024 /3BL/ - DP World , a global leader in logistics and supplychain solutions, is embarking upon a multi-phase initiative to improve sustainability at the Port of Caucedo in the Dominican Republic.
Although the global COVID-19 outbreak is first and foremost an existential public health threat, it also likely represents the dawn of an economic "new world order" and a reshaping of the globaleconomy. How can we ensure more resilient supplychains for essential goods, such as food and medicine?
So, how can consumer goods companies contribute to global goals around reducing plastic waste and pollution? Progress toward the New Plastics EconomyGlobal Commitment , signed by over 500 organizations, for example, has been a mixed bag. trillion in the globaleconomy, and reducing plastic waste is a crucial focus.
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
VANCOUVER, British Columbia, November 19, 2024 – DP World , a global leader in logistics and supplychain solutions, has deepened its commitment to environmental stewardship by enrolling three additional Canadian terminals – Vancouver, Nanaimo, and Saint John – in the Green Marine program.
percent of the globaleconomy is circular. A significant part of our carbon footprint comes from the supplychain, including the whole value chain from raw material extraction to customer sites. This is where the concept of circular economy enters the stage. SOURCE: Ericsson. Currently, only 8.6
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.
SANTOS, Brazil, August 26, 2024 /3BL/- DP World , a global leader in logistics and supplychain solutions, has been granted with the Gold Seal standard for publishing a comprehensive greenhouse gas (GHG) emissions inventory verified by external audit.
VANCOUVER, British Columbia, June 11, 2024 /3BL/ - In another endorsement of its commitment to sustainability and the environment, DP World , a global leader in supplychain solutions, has achieved Green Marine recertification for its Fairview Container Terminal at the Port of Prince Rupert.
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.
Investment giant BlackRock announced today the acquisition of infrastructure investor Global Infrastructure Partners (GIP) in a cash and stock deal valuing the company at $12.5 billion, citing emerging long-term opportunities in areas including decarbonization, energy security, digital infrastructure, and supplychain transitions.
This includes waste reduction and the environmental impact of packaging, such as using recycled paper and cardboard. 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.
DUBAI, United Arab Emirates, August 27, 2024 /3BL/ - DP World , a global leader in logistics and supplychain solutions, has secured validation from the Science Based Targets initiative (SBTi) for its ambitious commitment to reduce its carbon footprint.
Since its inception over a decade ago, the BNEF Pioneers program has witnessed significant advancements in the development and implementation of technologies and solutions aimed at decarbonizing the globaleconomy. Challenge 3: Creating the next generation of net-zero fuels CoverCress Inc. CoverCress Inc.’s CoverCress Inc.’s
Regulations regarding plastic waste are expanding at a dizzying pace. According to UNEP , 91% of consumers express concern over plastic waste. Driving Up Accuracy, Driving Down Costs For consumer goods giant Henkel, the quest for an effective solution to its plastic waste challenge began in its tax department.
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. We produce vast amounts of waste in the form of chemicals and plastics, which contaminate the land, ocean, and air.
kilograms of plastic waste from entering the ocean since the start of our partnership with Plastic Bank [1] 100% renewable electricity sourcing at all CooperVision facilities in New York and the United Kingdom Governance Adherence to high standards of ethics, compliance and accountability provides long-term value for our stakeholders.
DESCRIPTION: As the world continued to experience the direct and indirect impacts of the COVID-19 pandemic, including globalsupplychain disruptions, resource shortages, employment challenges and inflation – these have not been easy times. Scope 3 includes all other indirect emissions that occur in a company’s value chain.
A detailed analysis by McKinsey notes that the path to achieving net-zero will require a universal transformation of the globaleconomy throughout all energy and land-use systems, with significant capital allocations, costs, and shift in jobs. The Power of Technology.
Originally published in Sustainable Brands Whether making a widget or a culinary treat, prioritizing a circular life cycle for products helps keep them out of waste streams until they are negligible — or better yet, they never land there. But food waste has enormous benefits for the planet, if recycled correctly.
Dr Liz Goodwin, Senior Fellow and Director, Food Loss and Waste at the World Resources Institute, outlines how to reduce food loss and waste at every stage of the supplychain and the benefits of doing so. Converted into calories, this equates to 24% of the world’s food supply going uneaten.
Companies are adopting new technology solutions to help them manage sustainability across many different dimensions, from environmental issues like energy, water, and waste, to social issues like diversity and human rights, to governance and reporting issues. SAP customers produce 87% of the world’s global commerce.
trillion USD to the globaleconomy in 2030[2]. AI can be applied in water resource prediction as well, where management and monitoring can help to improve the global water crisis by reducing or eliminating waste, as well as lowering costs and lessening environmental impacts.
Lenovo is committed to achieving Net-Zero emissions by 2050 and our sustainability efforts start with our own manufacturing and supplychain. More than 25% energy savings with the help of compressor waste heat recovery systems. Learn more about how Lenovo Powers Lenovo, from supplychain innovation to AI-powered transformation.
We all have a role to play in this, and at EGA we are committed to playing our part including working with our waste management, can-making and beverage producer partners in the UAE Aluminium Recycling Coalition we formed.”
Walmart, the largest retailer in the world, made headlines recently as it launched its Project Gigaton , an effort to help its supplychain go green and cut by a billion metric tons its carbon footprint. . And with the global population projected to swell to 9.5 It is an imperative.
Nature underpins societal wellbeing by providing basic life support services and material goods such as soil, air, water, food, fuel, and fibre 1 , so the impacts of nature loss are wide-reaching and threaten the foundations of our globaleconomies, livelihoods, and food systems 2,3.
Anti-microbial use also impacts the environment, and its heavy use in animal husbandry often leads to the anti-microbial being discharged into the environment via animal waste, which impacts micro-organisms and further increases AMR. Three AMR shareholder resolutions have been filed at high-profile food service companies this year: Yum!
When we discuss scale, we cannot afford to ignore the millions of small and medium sized businesses – or SMEs – that drive globaleconomies and create the fabric of local communities. As corporate customers face increasing scrutiny over their supplychain emissions, businesses of all sizes must become more transparent.
Improved visibility of the role of plastics in business processes and supplychains will help, according to environmental disclosure platform CDP, but forward-looking metrics will also be needed to guide future investments. .
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
If we don’t respond, not only will a massive array of the rural and vulnerable poor not have access to key resources, but nor will the rest of the globaleconomy,” says Wendy Elliott, Deputy Practice Leader and Innovation Lead for Wildlife at WWF Kenya.
A Tipping Point for Social Enterprise Inclusion in the GlobalEconomy. The pandemic pierced the reality of “business as usual” in many ways, including by revealing the fragility and unsustainability of existing supplychains. Why should SESOs prioritize corporate readiness, and why now?
The cost of climate change is rising at an alarming pace, with ripple effects being felt across communities and the globaleconomy. More frequent and extreme weather events, exacerbated by climate change, are disrupting supplychains, displacing people from their homes and causing disaster response and recovery costs to skyrocket.
In short, the circular economy is an attempt to close the linear consumption model of resource extraction, use, and then waste. In a linear economy, a tree grows, is cut down and then is pulped to make paper which is then used. Tailings dams burst, oil wells leak and companies regularly dump toxic waste into rivers.
The packaging sector was found to be one of the largest applications of plastics globally in 2021, using 44% of all plastics. One hundred petrochemical companies produced 90% of all single-use plastic waste generated globally. For fossil fuels, about 4% of annual total use of oil and gas globally is for plastic production.
Only a root-and-branch transformation of our economies and societies can save us from accelerating climate disaster.” It is a tall, and some would say impossible, order to reform the globaleconomy and almost halve greenhouse gas emissions by 2030, but we must try,” said Andersen.
Firstly, the globaleconomy is in the midst of the clean energy transition, one of the biggest changes to an economic system since the second industrial revolution, which introduced mass production in the late 19 th and early 20 th century. Dynamic market expansion.
New Zealand Prime Minister Jacinda Ardern wasted little time raising the stakes in her nation’s fight against climate change after handily winning re-election in October. In that role, she was engaged in helping clients develop strategies for supplychain transparency disclosures and claim, emissions reporting and human rights. . "In
Companies poised to act early will find themselves at the forefront of the growth markets in the globaleconomy. Further, more than 30 countries endorsed the COP29 Presidency’s Reducing Methane from Organic Waste Declaration. Methane reductions provide immediate climate benefits, helping to curb near-term warming.
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