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Sustainableinvesting is changing global supplychains: 4 key takeaways. Sustainableinvesting strategies have ascended quickly in the last 10 years. For more great analysis of ESG and sustainable finance, sign up for GreenFin Weekly , our free email newsletter.). José Miguel Salazar.
December 19, 2024 /3BL/ - Integrating sustainability into supplychain operations is more than an ethical imperativeits a smart business move. This report highlights how integrating sustainability measures can serve as a catalyst for substantial improvements in both economic efficiency and strategic innovation.
Owens Corning, owner of Paroc AB, celebrated breaking ground on its new sustainabilityinvestment at the Paroc Hällekis plant in Sweden. The Hällekis plant manufactures stone wool insulation for use in building insulation and technical insulation applications.
Fashion and design brands company H&M Group announced the launch of a new partnership with zero-carbon industrial heat solutions provider Rondo Energy, aimed at applying Rondo’s industrial decarbonization solution to help address the emissions footprint of H&M’s supplychain.
This SustainedInvestment Furthers Momentum for National Smart Manufacturing Adoption Across SupplyChains, with Focus on Small and Medium-Sized ManufacturersThe U.S. Department of Energy's (D.
The impact of human rights abuses in portfolio companies and their supplychains is becoming more apparent to investors. Martin Buttle, Head of Good Work at NGO ShareAction says, given the estimates, “there is a very real chance that victims are present in the global supplychains” of investee companies.
Coffee LENS is challenging us to do more to contribute to a fairer, more resilient coffee future, while continuing to deliver high-quality sustainable ingredients to our roasters and manufacturing customers.”. It consists of industry-leading businesses of cocoa, coffee, dairy, nuts, and spices.
As countries scramble to secure supplies of the raw materials they need to manufacture wind turbines, batteries and other technologies key to preventing runaway climate change, this facility run by local startup Cyclic Materials is part of an emerging industry: creating a circular economy for critical energy transition minerals.
Canada Signs EV and Battery SupplyChain Agreements with Volkswagen, Mercedes-Benz. Diginex Launches “Worker Voice” SupplyChain Transparency Platform. ESG Investing. Robeco Opens up Access to SustainableInvesting IP. Sustainable Finance. California to End Sales of Gas-Powered Cars by 2035.
Sustainableinvestment solution provider u impact has joined forces with specialized green banking software provider ecolytiq to introduce innovative sustainableinvestment products to a wider branch of private investors.
They are therefore taking things into their own hands, actively engaging with companies to eliminate modern slavery from supplychains. This means they havent assessed the risks in their supplychains nor taken steps to adequately mitigate those risks, she tells ESG Investor.
Investments Leadership Development Program at Columbia Threadneedle Investments, U.S. Many have cited the past year as an inflection point for sustainableinvesting. I hope to see an increased push for carbon-neutral investments and economic structures that are available to people of all financial and social classes.
In addition to the financing, suppliers in the program will also receive technical support from sustainability consultant, Guidehouse, to embark on factory upgrades to decrease their climate impact. According to H&M’s 2022 Sustainability Report, Scope 3 makes up nearly 99% of the company’s emissions.
This is due to the sector's extensive supplychains and the energy-intensive nature of its products' lifecycle, from extraction through to final consumption. For renewable energy firms, the largest source of Scope 3 emissions are in the manufacturing and transportation of materials for technology like solar panels or wind turbines.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Google Signs 435 MW Solar PPA to Power U.S. Solar PV Manufacturing Capacity Green Data Center Solutions Provider Submer Raises $55.5 Operations Rio Tinto Acquires Arcadium Lithium for $6.7
For years, the relationship between sustainability and profitability in supplychain management was viewed as a zero-sum game. This data marks a critical inflection point, repositioning sustainability from a burdensome requirement to a strategic lever for financial growth, efficiency, and resilience.
Investments to date be SGE include mining-focused data solutions company MineSense Technologies , and utilities-focused climate tech data startup Arcadia. Tanya Barnes, Managing Partner and Co-Global Head of Sustainable Growth Equity at J.P. Brian Carlin, CEO of J.P.
Recycle : Breaking down products into their raw materials and manufacturing new items from them. For businesses, this could mean: Using recycled material in manufacturing rather than raw materials. Choosing manufacturing processes that minimize offcuts and scrap.
As an example, let’s assume that most of a retailer’s locations are in the US northeast corridor, but it sells products that are manufactured overseas. For example, one provider calculates a company’s physical risk based solely on its headquarters location, despite its global supplychain stretching across far-flung manufacturing locations.
"As a business at the forefront of eMobility solutions, Siemens applauds the finalization of this standard as it will set clear expectations for the pace of emissions reduction from large vehicles in the coming years, providing predictability for manufacturers, companies, fleet operators, and policymakers alike."
Business Benefits of Sustainable Finance Several advantages to sustainable finance go beyond producing dividends. Here are a few of the outcomes that contribute to a company's long-term sustainability and competitiveness. Another way companies reduce operational costs is through investing in a sustainablesupplychain.
The firm focuses on creating value by helping companies transform their businesses to be sustainable, and targets companies that can drive long-term value by positioning to benefit from once-in-a generation transformations such as the energy transition and supplychain onshoring. 1, said: “Engine No.
Responsible investing has been around in one form or another for quite some time. Pacifists may choose not to invest in companies that manufacture weapons. Environmentalists may choose to invest in companies that produce durable products from natural materials. In fact, ESG investing grew 143% between 2016 and 2020.
The UK government announced plans to invest £960 million (USD$1.2 billion) in green industries aimed at accelerating manufacturing in key net zero sectors, in addition to a new series of significant reforms designed to rapidly boost the capacity of its electricity grid to address energy transition needs over the coming decades.
However, if there is to be wide-spread adoption of hydrogen as a viable alternative energy source, there needs to be a national focus on establishing a network of hydrogen production and refueling — not unlike EV charging roll out — to provide the basis for resilient local supplychains.
Planet worked with SCS Global Services , (SCS) an organization specializing in third-party certification, validation, and verification for environmental and sustainability quality performance claims, to certify its operations as carbon neutral in accordance with the internationally recognized PAS 2060: 2014 Carbon Neutrality Standard.
Anticipated investment in the new facility is expected to exceed £4 billion (USD$5.2 The new gigafactory, which will be one of Europe’s largest battery cell manufacturing facilities, will serve customers in the UK and Europe, with Tata Motors’ subsidiary Jaguar Land Rover as an anchor customer.
In December, a survey of more than 900 institutional investors by the Morgan Stanley Institute for SustainableInvesting found that nearly 40% of asset owners used carbon offsets to mitigate portfolio emissions, while 31% of asset managers said they offered clients offsets linked to specific products or aggregated emissions.
The SCS-007 standard applies to both mined and lab grown diamonds and provides jewelry manufacturers, retailers and their customers with an unprecedented level of assurance. Furthermore, the certification promises a transparent supplychain through comprehensive traceability of diamonds.
Operating in the food and beverage packaging and processing industry, we recognise the importance of promoting social sustainability throughout our value chain and focus on our own workforce, workers and communities in our supplychain, and workers in collection and recycling of packaging. SustainABLE 2.0
Just as revolutionary engineering was at the heart of making the Mercury, Gemini, and Apollo missions possible, engineering is integral to achieving a sustainable future. Sustainedinvestment in research and development to leapfrog current obstacles and take our sustainability efforts to new levels. Cisco’s mission.
ESG Investor’s weekly round-up of news on technology and tools in the sustainableinvesting sector, including Sustainable Trading, Impact Cubed, BME, ClimateTrade, MSCI, GeoQuant, ELEVATE Insig AI, and Higg. Higg will serve as the technology partner hosting the assessment.
Accelerating sustainabilityinvestments to enable design for recyclability and more circular plastics. Scaling supply partnerships with companies such as Mura Technology and Fuenix to produce circular feedstocks from advanced recycling processes. Dow delivered sales of approximately $55 billion in 2021. and its subsidiaries.
From our perspective, it’s simply good investing. For example, businesses using forced labor in supplychains could face an import ban in the US. When ESG risks and opportunities are material, we believe it would be remiss for an investment manager not to consider them in fundamental research.
Investors can play a part in turning the tide against PFAS, says Sudip Hazra, Director of the First Sentier MUFG SustainableInvestment Institute. This is not just a matter of compliance or risk mitigation it is a critical component of sustainableinvestment, aiming to reduce the damage associated with these persistent chemicals.
Then we can create the trade relationships that will underpin international supplychains for these new industries.” He cited the IRA as an example of a government initiative having successfully triggered a manufacturing and investment renaissance. It would also create supplychains that can support the wider economy.
Keller of Lombard Odier Bank, singled out the food systems, which he said was driving 85% of nature loss globally, as ripe for disruption, in the same vein as the car industry was disrupted by electric vehicle manufacturer Tesla. “We are talking about very complex value chains,” he explained.
As auto manufacturers’ strategies evolve, other roads are opening up for investors looking to accelerate the transition to electric vehicles. Electric vehicle (EV) sales across the world are trending upward, not only driving decarbonisation but reshaping an entire industry and its supplychain. to private buyers.
Divestment from Russian investments was a complex affair and an incomplete one. New research finds that many major firms are sending mixed messages on their withdrawal, while reports elsewhere suggest firms including weapons manufacturers continue to evade sanctions.
Eleven of the TNFD’s 14 recommended disclosures replicate the categories used by the TCFD, with the addition of three new ones, including ones related to human rights policies and engagement activities, and the location of assets and activities, including upstream and downstream supplychains where possible.
Customers and investors should exert greater influence over the tropical timber and pulp sectors, sustainableinvestment experts have said, in light of leading sector firms’ failure to reduce and report their exposure to deforestation risks.
With this shift comes standards that are used to certify processors, manufacturers, and traders of organic cotton. In the coming years, Patagonia began creating their own organic cotton supplychain, and after much trial and error has achieved the admirable goal of sourcing entirely organic cotton for all its products.
The group said progress is particularly visible in terms of circularity, sustainable product design, measurement, and water management. This year, nearly two thirds of executives pointed to geopolitics as an increasing consideration in sustainabilityinvestments, and 69% are concerned about the impact of the uncertain US political scene.
In a letter to the Commission, WindEurope explained how low volumes of permitted projects have impacted Europe’s wind turbine manufacturers and wider supplychain. However, investors have previously told ESG Investor that the inclusion of gas won’t change their perceptions of what constitutes sustainableinvesting.
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