As part of the Biden administration’s 100-day evaluation of U.S. supply chains, in June the Department of Defense (DoD) issued its review of certain “strategic and critical materials” that are key ingredients in electronics and green technologies. Supply chain resiliency is an increasingly important area of Environmental, Social, and Governance (ESG) focus for companies and stakeholders alike, and the DoD’s review has implications for ESG reporting.
Read the full story at Logistics Viewpoints.
Supply chain sustainability is a higher priority than ever. In MIT’s State of Supply Chain Sustainability 2021, 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Investor concern about material risks from climate change have created new reporting frameworks, such as those by the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD). From many different angles, supply chain sustainability matters, so how do we get there and what is the role of planning?
Leaders from two transformative initiatives explain how new supply-chain tracking systems will impact strategies to reduce emissions.
Speakers: Anna Stanley | Manager, Climate Action | World Business Council on Sustainable Development Jim Giles | Conference Chair, VERGE Net Zero | GreenBiz Group Paolo Natali | Principal | Rocky Mountain Institute
This session was held at GreenBiz Group’s VERGE Net Zero, July 27-28, 2021. Learn more about the event here: https://events.greenbiz.com/events/verge-net-zero/online/2021
Read the full story at European Pharmaceutical Manufacturer.
Jay McHarg, CEO of AeroSafe Global, discusses the importance of a sustainable, eco-friendly supply chain, how it’s critical for pharmaceutical companies and how it can play a role in delivering better outcomes for both patients and the environment.
This report exposes the untold environmental and public health impacts of retail companies’ reliance on fossil-fueled maritime shipping to bring products into the United States.
Read the full story at Grist.
Take a look around your home and you’ll likely find plenty of goods that traveled by cargo ship to your doorstep. A set of IKEA plates made in China. A dresser full of pandemic-era loungewear, ordered on Target and made in Guatemala, Sri Lanka, and Vietnam. Tracing the impact on the environment from shipping any of these goods is incredibly tricky to do. The data — if you can find it — involves many companies, countries, and cargo carriers.
Such obscurity makes it hard to count the full cost of our consumption. But a recent report helps unravel some of the mystery.
Read the full story at Packaging News.
Schoeller Allibert has shared insight on how it believes the supply chain will adapt towards circular economies, with a focus on systems that eliminate waste and embrace the use of sustainable materials and energy.
Read the full story at ESG Today.
Containership owner and operator Seaspan, a subsidiary of asset manager Atlas, announced today the closing of its Blue Transition Bond offering, issuing $750 million senior unsecured notes, significantly ahead of the initial $500 million offering size.
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.
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.