As many Australians grapple with how to save their Great Barrier Reef from global warming, others are preoccupied with building one of the world's biggest coal mines nearby.
Major manufacturers like Tesla and General Electric are facing a severe shortage of ethically sourced cobalt, and the metal is expected to increase in demand by 500 percent, says OilPrice.com. Amazon, too, needs the metal for its Kindle, and other consumer electronics are contributing to the demand and resulting shortage of supply.
Economist Milton Friedman once said that "the social responsibility of business is to increase its profits." But then again, Friedman spent his entire career in academia - not manufacturing.
Environmental policy will see a clear shift from land to sea, as shipping is (and will remain) the most efficient way to transport vast amounts of goods long-distance, according to the Norwegian Shipowners' Association chief executive Sturla Henriksen.
Everything at Blue Hill at Stone Barns in Pocantico Hills, N.Y., has a story. Servers, chefs, and farmers at the restaurant, which was recently ranked No. 11 in the world, are there to tell it to anyone with a few hundred dollars, several hours, and a reservation.
Archer Daniels Midland Company (ADM) announced in its sustainability report this month that it has reached its goal in palm oil traceability - achieving 98 percent traceability for palm oil and more than 95 percent for palm kernel oil, as well as 24 percent reduced water usage since 2008.
Companies like Ikea and Apple have been investing in their supply chains in order to avoid unknown and potentially environmentally damaging activities from their suppliers by purchasing forest, building wind farms, and taking over plastics recycling plants. Ikea has purchased forest in Romania and the Baltics, while Apple has invested in forest in the US, writes The Guardian.
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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