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3 Mins Read Luxury fashion house Burberry has pledged to become climate positive by 2040 and aims to do so by slashing its emissions across its extended supply chain by 46% by 2030, with the brand promising to invest in initiatives that support taking action on climate change. British-based Burberry announced its new commitment to becoming climate positive […]
4 Mins Read Responsible chocolate brand Alter Eco is taking the lead in radical transparency, releasing its annual sustainability report to document its environmental and human impact – both good and bad. Being “brutally honest” about failing to achieve its initial goal of 100% compostable and recyclable packaging in 2020, the company committed to continue to improve until […]
3 Mins Read As sustainable investing gains momentum, more funds touting themselves as “green” are misleading investors. According to a report published by the Economist, some of the world’s biggest ESG funds are “stuffed full of polluters and sin stocks”, suggesting widespread greenwashing practices in the realm of sustainable finance. Sustainable investing has been steadily gaining momentum globally, […]
4 Mins Read More than 8 in 10 consumers now expect businesses to help solve global climate and social justice issues, a recent survey has found. Part of a report on the rise of sustainability, the poll also revealed that the majority of shoppers have held brands to a higher bar since the pandemic, and are actively rethinking […]
4 Mins Read More than 8 in 10 consumers believe that sustainability is an important attribute for brands, a new consumer perception survey has found. The U.S. poll also found that over 70% of shoppers now value sustainable products more than they did a year ago, and identified Bombas, Patagonia and The North Face as brands faring well with […]
3 Mins Read IKEA has launched its much-anticipated secondhand furniture program around the world, as part of the retail giant’s goal to go fully circular by 2030. The new sustainable Circular Hub concept opening across IKEA stores were originally scheduled to land in November, but have experienced pandemic-related delays. Swedish home furnishing giant IKEA has opened its buy-back […]
3 Mins Read Mattel has launched a new toy takeback program as part of its sustainability push, enabling customers to send back their old toys once they are done playing with them. The program, PlayBack, will recover materials from old Mattel toys to create future products, as the company strives to use only recycled, recyclable or bio-based materials […]
4 Mins Read Compass Group is planning to replace 40% of the animal-based foods throughout its supply chain with alternative proteins as part of its net-zero emissions campaign. The British multinational foodservice conglomerate also pledged to halve food waste and source a greater share of its produce from regenerative agriculture to reach its goal. Compass Group, the biggest […]
3 Mins Read Forbes has launched a new channel dedicated to covering sustainability, as the mainstream media landscape begins to sound the alarm on the climate crisis. The channel, Forbes Sustainability, comes in response to “rising global interest in environmental reporting” and is part of the business media giant’s “commitment to social responsibility”. Last month, Forbes decided to […]
4 Mins Read Co-op has announced its plan to “tackle the plant-based price gap” as part of its goal to reach net-zero emissions by 2040. The commitment will see the British retail chain invest over £1.7 million (US$2.36 million) to slash the cost of more than two dozen vegan products, a move catering to its increasingly flexitarian consumer […]
4 Mins Read Thrive Market, the American membership-based online retailer for natural and organic products, has set its sights on becoming the “world’s first climate positive grocery store” by 2025. In addition to going “beyond carbon neutral”, the company has pledged to become plastic-free and double down on their food access, regenerative agriculture and social impact initiatives. Los […]
4 Mins Read Warren Buffett helped to reject a shareholder resolution that would push his multinational conglomerate Berkshire Hathaway to inform investors about climate risks. In addition to defending the dirty oil and gas industry, the billionaire CEO also tore down a resolution that called for greater diversity and inclusion efforts, putting the old-fashioned firm out of step […]
4 Mins Read In March, Danone’s CEO Emmanuel Faber was let go from his position, a decision the French multinational food giant’s board made under pressure from shareholders. As one of the leading voices in the corporate world for ESG-forward principles and stakeholder capitalism, was his championing of green business principles the reason for his exit? That’s the […]
4 Mins Read More than half of the world’s biggest companies are making their net-zero transition too slowly to meet the 2050 deadline, a new report finds. The analysis, which examines carbon neutral financing, points to inadequate investment into the transition as the primary barrier, particularly from carbon-intensive industries and emerging markets. A new study has found that […]
4 Mins Read Starbucks has pledged to reduce its carbon footprint by 30% and eliminate all single-use cups by 2025 in its South Korea operations, as part of the firm’s global “resource positive” push. The coffee giant says that part of the strategy will include expanding its plant-based offerings and use of local ingredients. Separately, the chain will […]
4 Mins Read Imperfect Foods, one of the first startups to slash food waste with “ugly” produce boxes, has pledged to double down on its sustainability efforts by slashing its carbon footprint. Pledging to reach net-zero emissions by the end of the decade, the company says it will convert to 100% renewable energy, improve regional sourcing and eliminate […]
4 Mins Read Hong Kong-headquartered food corporation Lee Kum Kee has announced that its Guangdong-based production site has received the LEED Platinum certification, making it the first in the global fermented food industry to have earned the achievement. Equipped with a solar photovoltaic power generation system, geothermal heat pumps, a wetland park and wastewater treatment facilities, the manufacturing […]
3 Mins Read Goldman Sachs has reaffirmed its sustainability commitments in a new pledge to reach carbon neutrality by the end of the decade. The investment banking giant says it will develop climate data, improve disclosure, and integrate climate-risk considerations throughout its operations in a bold statement penned by its chairman and CEO David Solomon, who said the […]
4 Mins Read SaladStop, the Singapore-headquartered healthy salad chain with locations across Asia, has carbon labelled its entire menu, making it the first restaurant in the region to do so. Describing the move as a “simple and convenient way for customers to make planet-friendly food choices”, the chain’s commitment comes as more F&B businesses begin to take up […]
3 Mins Read A new collaboration between the Hong Kong Management Association (HKMA) and Social Ventures Hong Kong (SVhk), an organisation supporting social enterprises, has been forged to drive the growth of value-led businesses in the city. Working together as an impact partnership, the two organisations will seek to accelerate the “business with purpose” movement, help tackle environmental […]
4 Mins Read Sweetgreen, the American fast casual salad chain, is the latest food establishment to hop on the sustainability bandwagon, pledging to become carbon neutral within the next six years. Describing the commitment as the “right thing to do”, the popular healthy go-to salad spot says that it will be increasing its range of plant-powered options and […]