Sustainable business

ANTA Group Among the First to Sign Sustainable Business Initiative at Second United Nations SDG Summit

Retrieved on: 
Monday, September 18, 2023

NEW YORK, Sept. 18, 2023 /PRNewswire/ -- The Second United Nations Sustainable Development Goals (SDG) Summit is being held at the United Nations Headquarters in New York, USA, which is the highest-level UN summit in the field of sustainable development.

Key Points: 
  • NEW YORK, Sept. 18, 2023 /PRNewswire/ -- The Second United Nations Sustainable Development Goals (SDG) Summit is being held at the United Nations Headquarters in New York, USA, which is the highest-level UN summit in the field of sustainable development.
  • As the leader of the Chinese sports apparel industry, ANTA Group signed the Business in Action—Sustainable Industrial Development Commitments.
  • Simultaneously, ANTA Group's sustainable development case was selected for the SDG Good Practice Database.
  • This initiative was proposed by Action for Sustainable Businesses in China, which invited representatives from Chinese businesses to sign the initiative in support of the United Nations 2030 Agenda for Sustainable Development and showcased the Chinese business community's commitment to international responsibility.

ESG is broken; business leaders and Erin Brockovich share the smart solution, based on insourcing

Retrieved on: 
Friday, September 15, 2023

NEW YORK, Sept. 15, 2023 /PRNewswire/ -- ESG is critical to addressing the climate crisis, and this Climate Week NYC, leading experts are calling for a new approach to rescue the failing system – one that's based on insourcing. At a fully booked event hosted by Datamaran in New York on Tuesday September 19th, experts will discuss their proven new approach to ESG on a panel moderated by international broadcast journalist Shakuntala Santhiran. Erin Brockovich, consumer advocate, author and TV host, will deliver an inspiring keynote for business heroes committed to sustainability and driving organizational change.

Key Points: 
  • Erin Brockovich, consumer advocate, author and TV host, will deliver an inspiring keynote for business heroes committed to sustainability and driving organizational change.
  • The docuseries features C-suite leaders who are successfully navigating their businesses through three significant ESG challenges: fast-paced change, increased scrutiny and a growing ESG skills gap.
  • Despite being largely unaddressed, the ESG skills gap is leaving leaders unprepared and unsupported to guide companies through the climate crisis.
  • Strategic decision making can't be outsourced; instead, Smart ESG is built on a foundation of insourcing - bringing ESG skills within the business.

Building Sustainability's Digital Future with EcoStruxure™ Resource Advisor Copilot: Schneider Electric's Latest AI Advancement

Retrieved on: 
Tuesday, August 29, 2023

Using Large Language Model technology, Schneider Electric has securely built Copilot as a convenient digital companion embedded inside Resource Advisor .

Key Points: 
  • Using Large Language Model technology, Schneider Electric has securely built Copilot as a convenient digital companion embedded inside Resource Advisor .
  • By using the new Copilot, Resource Advisor users will be able to retrieve data, generate visuals, and gain valuable insights effortlessly.
  • Amy Cravens, Research Manager at International Data Corporation commented that, "The launch of Resource Advisor Copilot represents a new wave of digital leadership from Schneider Electric."
  • Resource Advisor helps clients observe and steer all aspects of their resource management journey through an elevated AI lens, including emissions, energy management, resource consumption reduction, ESG reporting, and carbon accounting.

Yamaha Lends Support to Drawdown Georgia

Retrieved on: 
Thursday, July 27, 2023

A statewide initiative facilitated by the Ray C. Anderson Center for Sustainable Business at the Georgia Institute of Technology® (Georgia Tech®), the Drawdown® Georgia Business Compact is a business-focused collaborative initiative focused on galvanizing climate action in Georgia.

Key Points: 
  • A statewide initiative facilitated by the Ray C. Anderson Center for Sustainable Business at the Georgia Institute of Technology® (Georgia Tech®), the Drawdown® Georgia Business Compact is a business-focused collaborative initiative focused on galvanizing climate action in Georgia.
  • View the full release here: https://www.businesswire.com/news/home/20230727862545/en/
    “Yamaha’s support of and participation in Drawdown® Georgia underscores the company’s mission to achieve carbon neutrality within our facilities worldwide by 2035 - that includes our facilities located here in Georgia, specifically Yamaha Motor Manufacturing Corporation of America in Newnan,” said Martin Peters, Director of External Affairs, Yamaha U.S. Marine Business Unit.
  • “Through our involvement in this initiative, Yamaha has the opportunity to access research and collaborate with conservation-minded Georgia businesses as we work toward reducing carbon emissions.”
    Launched in 2020, Drawdown® Georgia is a research-based initiative born from a multi-university collaboration.
  • Led by Georgia Tech®, the research also involved partners from Emory University®, Georgia State University® and The University of Georgia®.

New Research From MIT SMR Shows Sustainability Progress Is Stalled at Most U.S. Firms

Retrieved on: 
Thursday, July 20, 2023

CAMBRIDGE, Mass., July 20, 2023 /PRNewswire/ -- According to new research released today in MIT Sloan Management Review, fewer than one-third of U.S. employees surveyed reported that their organizations engaged in practices that embed sustainability goals in business models and employee roles. 

Key Points: 
  • While many companies talk the talk of sustainability, far fewer walk the walk.
  • When every employee integrates environmental and social concerns into every business decision, sustainability progress is accelerated. "
  • Sustainability Progress Is Stalled at Most Firms ," identifies six key recommendations for managers to embed sustainability into organizational models and cultures:
    Establish a purpose based on values.
  • Sustainability was defined for the respondents as integrating environmental and societal concerns into business decisions and actions.

Sustainability Messages Amplify Marketing Reach by Up to 33 Percentage Points and Perform Across Political Affiliations, Finds New Research by NYU Stern CSB and Edelman

Retrieved on: 
Tuesday, July 18, 2023

NEW YORK, July 18, 2023 /PRNewswire-PRWeb/ -- The NYU Stern Center for Sustainable Business (CSB) and Edelman released first-of-its-kind research, "Effective Sustainability Communications: A Best Practice Guide for Brands & Marketers," uncovering which environmental sustainability claims are most motivating to consumers across wide-ranging demographics. The study was done in partnership with nine global brands spanning apparel, food and beverage, technology, household items, and personal care. Results demonstrate that effective sustainability messages have a powerful amplifier effect, increasing brand reach and relevance between 24-33 percentage points compared with a high-performing category message alone.

Key Points: 
  • Results demonstrate that effective sustainability messages have a powerful amplifier effect, increasing brand reach and relevance between 24-33 percentage points compared with a high-performing category message alone.
  • Results demonstrate that effective sustainability messages have a powerful amplifier effect, increasing brand reach and relevance between 24-33 percentage points compared with a high-performing category message alone.
  • Across all nine brands, sustainability claims significantly expanded brand reach (+24 to +33 ppts) by bringing in new consumers.
  • The sustainability amplifier effect is real and can help brands reach and engage more people.

Trinseo Releases 2023 Sustainability & Corporate Social Responsibility Report

Retrieved on: 
Thursday, July 13, 2023

Trinseo (NYSE: TSE), a specialty material solutions provider, announced today the release of its 2023 Sustainability & Corporate Social Responsibility Report , which details how the Company is materializing a sustainable future through progression of its 2030 Sustainability Goals.

Key Points: 
  • Trinseo (NYSE: TSE), a specialty material solutions provider, announced today the release of its 2023 Sustainability & Corporate Social Responsibility Report , which details how the Company is materializing a sustainable future through progression of its 2030 Sustainability Goals.
  • View the full release here: https://www.businesswire.com/news/home/20230713667661/en/
    Trinseo Launches its 13th Annual Sustainability and Corporate Social Responsibility Report (Photo: Business Wire)
    Highlights from the 2023 Sustainability Report include:
    Addressing Scope 3 Emissions: Trinseo completed baseline calculations for Scope 3 emissions in 2022.
  • The report also incorporates disclosures referencing frameworks for the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Disclosures (TCFD).
  • To complement the Sustainability Report, Trinseo also published a Core Impact Report that provides a holistic view of how the Company defines, creates, and disperses value over time.

Sustainability is Trending Upward and Delivering Growth Across Retail, Reports Circana

Retrieved on: 
Tuesday, June 20, 2023

CHICAGO, June 20, 2023 (GLOBE NEWSWIRE) -- Spending on sustainability is trending upward across several areas of discretionary general merchandise and consumer packaged goods (CPG).

Key Points: 
  • CHICAGO, June 20, 2023 (GLOBE NEWSWIRE) -- Spending on sustainability is trending upward across several areas of discretionary general merchandise and consumer packaged goods (CPG).
  • “Products that impact our energy use, reduce waste, and use recycled materials or natural ingredients are all getting attention from consumers and presenting pockets of retail growth,” said Marshal Cohen, chief retail industry advisor for Circana .
  • Unit sales of footwear made with recycled materials have grown more than six-fold over the past three years while sales of non-recycled options declined.
  • Bringing sustainability to the forefront continues to be a wise marketing tool and, for some brands, the main tool when it is built into the DNA of the product.”

Circana’s 2022 New Product Pacesetters Report Reveals that a Commitment to Innovation Drives CPG Sales

Retrieved on: 
Wednesday, June 7, 2023

In nonfood products, scent plays a crucial role in driving sales for many 2022 Pacesetters, including No.

Key Points: 
  • In nonfood products, scent plays a crucial role in driving sales for many 2022 Pacesetters, including No.
  • Plant-based food and beverages represent $411 million in 2022 Pacesetter sales, more than doubling the number of Pacesetter products and dollar sales in the previous three years.
  • “Big companies’ dollar share dipped from 50% in 2021 to 35% in 2022,” said Lisa Maas, principal and practice lead, Innovation, Circana.
  • In this year’s Pacesetters, brand extensions represent 54% of total food and beverage Pacesetters, while new brands represent 46%.”

Alfa Laval and SSAB collaborate to support global carbon neutral supply chain

Retrieved on: 
Thursday, June 8, 2023

This represents an important milestone towards achieving a global carbon neutral supply chain.

Key Points: 
  • This represents an important milestone towards achieving a global carbon neutral supply chain.
  • Tackling global carbon emissions: Steel production accounts for 7 percent of the world's carbon emissions, making it a critical industry in the fight against climate change.
  • Reducing carbon footprint: By integrating SSAB's fossil carbon emission free, recycled steel, produced through renewable-based processes, into Alfa Laval's heat exchangers, the collaboration takes an important step towards achieving a global carbon neutral supply chain.
  • "Alfa Laval's commitment to sustainability is further strengthened through our collaboration with SSAB," says Thomas Møller, President of the Energy Division at Alfa Laval.