American consumers prioritize risk-taking, adventure and living an exciting life when it comes to making purchases, according to global research by HSBC. This structural shift among U.S. consumers' purchasing habits is prompting companies to rethink existing marketing and business strategies.
The Panama Canal Authority (ACP) has unveiled a new recognition program for clean operators that will help them to get ahead of the pack for transit bookings. The ACP calls the new system "environmental premium ranking."
Tesla has announced four different solar roof tiles that the company plans to tie tightly into its manufacturing and sales of household and commercial battery systems, that will be able to store the energy while at the time making it available to charge Tesla electric cars
Three councils in the North of Scotland say they hope by combining their procurement operations, they can incentivise key suppliers to invest in local supply chains. Aberdeen City Council, Aberdeenshire Council and Highland Council will be encouraging primary suppliers to increase their local footprint and help deliver social value.
Target has surpassed perennial champion Walmart as the U.S.'s top corporate user of solar power, according to a new report. Target has installed 147 megawatts of solar capacity on 300 stores, according to the 2016 Solar Means Business Report from the Solar Energy Industries Association (SEIA).
Cotton, the most widely used natural fiber, is considered the world's dirtiest crop because of its heavy use of pesticides - its cultivation accounts for 17.5 percent of global insecticide sales. So in recent years, several apparel and home-goods companies, including Eileen Fisher, Patagonia, and Nike, have used organic cotton, grown by farmers who eschew pesticides and enrich their soil with compost. That's good for the environment but raises another big problem: Organic cotton is too expensive for average shoppers.
Negotiators from more than 170 countries have reached a legally binding accord to counter climate change by cutting the worldwide use of a powerful planet-warming chemical used in air-conditioners and refrigerators.
As corporations look to cut their environmental costs, evaluating total cost of ownership - or the total direct and indirect costs of owning a product or service - may provide a way to achieve greater environmental accountability, better resource management and financial savings, according to a report by the Carbon Disclosure Project.
A five-year plan from Lufthansa Cargo and logistics provider DB Schenker to reduce carbon dioxide emissions is on track to meet its goal of reducing 20,000 tonnes of CO2 output by 2020, both companies say. To date, Lufthansa and Schenker have reduced their CO2 output by more than 10,000 tonnes, combined, under their joint Carbon Reduction Agreement.
According to a 2015 World Economic Forum study, organizations can increase revenue up to 20 percent and boost brand value up to 30 percent by investing in supply chain sustainability. But are organizations taking action to realize these benefits? And if so, how?
The latest news, analysis, trends and solutions for sustainability and corporate social responsibility (CSR) and their impact on supply chain management. New customer expectations for green and ethical products and practices are transforming the way companies do business — and requiring more supply chain transparency than ever before. As solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are leveraging sustainability and CSR to stay ahead of the competition in their industries.
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