In the improvement of sustainability practices, there is still massive potential in the supply chain. For example, according to CDP, if suppliers to 125 multinationals were to increase their renewable electricity consumption by 20%, over a billion metric tons of greenhouse gas emissions could be saved: equivalent to the combined emissions of Brazil and Mexico. Nevertheless, only 23% of tier-1 suppliers are engaging on emission reduction activities with their own suppliers. Evidently, business processes such as planning, sourcing, producing, and logistics require restructuring and redesigning. One of the factors that can play a major role on enhancing efficiency and optimization in the supply chain is improving traceability: the ability to track and monitor all steps involved in the development of a finished good, from the procurement stage of raw materials to production, consumption all the way to the disposal of goods.
The Dutch climate agreement and recent developments in the carsharing market present business opportunities to tap into the circular economy and bounce back better. Car sharing not only reduces the administrative and financial burden of company cars but also decreases emissions and congestion, which lead to better ESG performance. It also paves the road for a more circular automotive industry by incentivizing manufacturers to retain ownership of cars and maximizing their useful life.
During this webinar we'll zoom in on what companies can do to emerge stronger and more sustainably from the pandemic crisis, sharing take-aways for businesses from the 2020 Future Possibilities Report. This UN-sanctioned report explores the possibilities of tomorrow, and how countries can leverage them to reset their economies in the post-Covid world.
In a fast-changing world with increasing internal and external risk, companies need to find smart solutions to achieve their sustainability objectives. Building strong partnerships with external stakeholders can help companies increase their positive impact as well as gaining a competitive advantage. This article sheds light on the partnership between Accor and the food waste reduction start-up Too Good To Go, highlighting both organizations’ objectives and partnership’s benefits.
As epitomized by Sustainable Development Goal 17, Partnerships for the Goals, today’s major sustainability challenges require tailored and collaborative solutions. This means that partnering is to become a part of the company DNA. By forging and maintaining partnerships, companies can achieve more sustainability impact while also gaining the competitive advantage they seek. Several sustainability leaders such as Novozymes, DSM and Umicore have made partnering centric to their sustainability program. In this article, the example of Carlsberg illustrates how this can lead to tangible results.
The roots of global specialty chemicals company Royal DSM are as a Dutch state-owned coal mining company that started in 1902. The company’s future, however, is far removed from its past. DSM’s Strategy 2021 describes how the company plans to drive above-market growth through developing innovative solutions addressing Nutrition & Health, Climate & Energy and Resources & Circularity, together with increased customer-centricity and large innovation projects. In this article, DSM’s approach is decomposed by looking at the elements of its sustainability strategy, and we provide tips how to replicate this.
Worldwide, the mattress market is estimated at a sizable €23 billion. In line with global growth of our population, this market has been predicted to further grow with annual 6.5% between 2017 and 2024. With almost 90% of all mattresses produced in the EU containing between 2 and 15 kg of hard-to-recycle polyurethane foam each and increasing pressures from legislation, mattress manufacturers are starting to lose sleep over finding less impactful solutions.
The Movember movement has grown from a conversation on the come-back of the mustache to one of, if not the, largest men’s health movement with a support of over 5 million people, having raised a total of $900 million since 2003. In this article we take a closer look at this well-groomed initiative.
As the launch of the new Loop partnership at the 2019 World Economic Forum suggests, today’s biggest sustainability challenges require collaborative solutions. That is why the Sustainable Development Goals include SDG 17 Partnerships for the Goals. However, the number of sustainability partnerships has remained low due to fierce competition between companies for recognition of their sustainability performance. By forging and maintaining partnerships companies can make a bigger sustainability impact while also gaining the competitive advantage they seek.
The composer of the Dow Jones Sustainability Index, RobecoSAM, broadcasted four webcasts by the end of 2018 in which key trends and developments of the Corporate Sustainability Assessment questionnaire (CSA) were discussed. In addition, RobecoSAM's expectations on reporting and performance were disclosed to help facilitate company preparations for the next DJSI cycle.