Procurement leaders are braving a confluence of permacrises with post-pandemic rebuilding, rising rates, inflation, price volatility as well as tackling new ESG due diligence regulations, net-zero commitments and digitization initiatives. https://ecovad.is/44Mz0Jb
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The global commercial shipping industry could cut down its carbon emissions by 47 million tonnes per year by deploying artificial intelligence for sea navigation, a study by...
The global forest certification organisation’s Fashion from Sustainable Forests survey was conducted by YouGov among 5,329 adults in the UK, France, Italy and Spain. It found that 74% of consumers...
CapitaLand Investment Limited (CLI) has incorporated three new Scope 3 categories deemed material to its operations – Purchased goods and operations, Fuel- and energy-related activities, and...
Fibre reprocessor and packaging producer DS Smith has announced that it has replaced more than 1.2 billion pieces of plastic across its global operations, hitting its 2025 target 16 months ahead...
According to the National Environmental Services Survey 2024, 80 per cent of UK environmental professionals have expressed concerns about the credibility and transparency of carbon credit...
The EU Council has reached a political agreement to more closely scrutinize soil health monitoring across member states, providing guidelines to manage soil sustainably and identify situations...
Entitled “Driving the fairness agenda,” the Annual Report highlights the achievements of the Fairtrade system and its partners in the past year, such as its programs and initiatives that deepen...
Prominent fashion brands are partnering on a groundbreaking financing initiative to expedite the decarbonisation of their global supply chains, which are responsible for approximately 99% of the...
The recent adoption of the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) has been highlighted as an important step forward in the effort to introduce legislation requiring business...
Sustainability is at the top of the food industry’s agenda. More than one third of food produced goes to waste and this waste accounts for up to 10% of global greenhouse gas emissions. The food...
The Hershey Company is looking to expand on its already 100% independently verified cocoa supply chain by establishing full sourcing visibility for its cocoa volume in both the Ivory Coast and...
The ongoing climate crisis prompts carbon-intensive sectors to abolish their footprint. The UK plans to cut carbon emissions by 78% by 2035, starting to reach Net Zero Carbon Emissions by 2050....
At a time when climate related risks are posing a challenge to businesses, 86 per cent of organisations in India recognise the significance of sustainability in shaping business strategies, but...
The treatment of animals rates higher than green issues when consumers choose meat and dairy products.That's according to a new study, which suggests that while consumers consider sustainability...
The European Parliament has voted to adopt the Corporate Sustainability Due Diligence Directive (CSDDD), following months of negotiations between the European Union (EU) institutions and member...
While financing of deforestation has been business-as-usual for decades, there are signs of change. Leading financial institutions are beginning to chart a way forward, while laggards ignore...
Having a well-defined sourcing policy demonstrates a retailer’s commitment to sustainability, while mitigating the risk of the reputational damage associated with unsustainable practices,...
Microsoft has adopted more than 80 measures to counteract a 29.1 percent increase in its greenhouse gas emissions since 2020, predominantly driven by its new data centers.The company‘s Scope 1 and...
Starting in April 2024, The Yokohama Rubber Co., Ltd. is using the RubberWay Geo-Mapping risk assessment tool to bolster its sustainable procurement practices. By adopting this technology,...
Private market funds may soon need to open their books to scrutiny regarding their ESG performance, and many industry players are welcoming the change.“I’m looking forward to seeing more...
