Category: Green business

Walmart’s Flipkart cuts single-use plastic packaging from supply chain, shifts sustainability focus to sellers

Read the full story at Supply Chain Dive.

Flipkart has eliminated single-use plastic packaging in its fulfillment centers in India, the Walmart-owned e-commerce platform announced last week. It reached its goal while grappling with a surge in online retail demand.

The company achieved this by implementing sustainable alternatives, such as recycled paper bags to replace polythene pouches and swapping shredded carton waste in place of bubble wrap.

Flipkart is now shifting its focus to reducing single-use plastic packaging among its seller partners who fulfill orders directly from their own locations, Hemant Badri, senior vice president and head of supply chain, said in a statement.

Lidl commits to carbon neutrality by 2022

Read the full story at edie.

Lidl GB has announced plans to become a carbon-neutral business by 2022 alongside wider commitments to reduce operational emissions and encouraging key suppliers to set their own climate commitments.

Al Gore: “Net zero can’t be a ‘get out of jail free’ card”

Read the full story at Fast Company.

The former vice president’s investment firm has a new report on sustainability trends that shows a huge growth in sustainable investments—but also finds big risks that could hamper continued progress.

Returned merchandise stockpiles as waste: One company’s solution

Read the full story at Waste360.

Each year about five billion pounds of returned merchandise ends up landfilled, according to goTRG’s data.

The Miami, Fla-based organization is among businesses working to keep these materials in circulation. It recovers and manages returns, distressed inventory, and overstock. And it processes these materials to prepare them for resale (and occasionally for first-time sales).

Too few companies advocate for climate-friendly policies despite lofty goals: report

Read the full story at Smart Cities Dive.

Of the United States’ top 100 companies, only 40% lobby lawmakers at the state and federal level for climate-friendly legislation despite setting lofty sustainability goals, according to a new report.

Seventy-six percent of companies have said publicly they believe in climate science and 92% have said they plan to make their operations greener with sustainability and emissions reduction goals, according to a report released Tuesday by sustainability nonprofit Ceres. Meanwhile, 20 of the companies have lobbied against climate-friendly policies in the last five years, according to Ceres, 17 of which had set emissions reduction targets of their own.

And of those surveyed, 51% see policies and legislation that look to address climate change as a short-term financial risk, even as 74% say they believe climate change will threaten their assets long-term. Ceres said the short-term concerns show that companies are still too focused on the near-term impacts and not on the “systemic impact of climate change.”

The MSCI Net-Zero Tracker

The MSCI Net-Zero Tracker indicates the collective progress of publicly listed companies in the MSCI ACWI Investable Market Index (IMI) (which covers 9,300 listed companies, representing 99% of the global equity universe) in keeping global warming well below 2°C. It also highlights the largest listed companies with improved climate disclosures, as well as those that lag. It offers investors, companies, financial intermediaries and policymakers an objective gauge of the contribution by the world’s public companies to total carbon emissions and their progress toward a net-zero economy.

Unilever makes sustainability its business

Read the full story at Progressive Grocer.

How innovative products and processes and changed conversations with retailers are helping one of the world’s largest CPG companies change the world.

Moody’s launches small and medium enterprise ESG scoring tool

Read the full story in ESG Today.

Moody’s ESG Solutions announced today the launch of ESG Score Predictor, a new tool aimed at enabling real time ESG assessments for small and medium-sized enterprises (SMEs), and monitoring risk across global supply chains.

Addressing biodiversity authentically and effectively

Read the full story at GreenBiz.

As a global beverage company that relies on water, protecting the healthy biodiverse environment that nurtures water has been at the center of Suntory’s work over the past several decades. The company has worked to preserve the resources that enable our business to thrive. For corporations unsure where to begin on their biodiversity events, here are some guiding tips based on our experience of preserving forests and water, managing bird habitat and communicating our biodiversity efforts.

There’s growing demand for greener goods, but it’s not an easy sell

Read the full story at GreenBiz.

More people than ever before are speaking out on behalf of the planet — not just with their voices and votes, but with their wallets as well. The individual consumer decisions that each of us makes, from the car we drive to the food we eat, may be mere drops in the bucket when it comes to solving the biggest ecological challenges, but together they add up to a groundswell of support for change — one that leaders from all sectors of society would be wise to embrace. 

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