European climate commissioner Connie Hedegaard and Australian climate change minister Greg Combet have announced that Australia and Europe will link their emissions trading systems, which will allow businesses to use carbon trading units from either trading scheme for compliance under either system.
The Panama Canal will implement more sound "green building" practices in future construction in order to improve compatibility with the environment, according to the canal's development authority.
The worst U.S. drought in more than half a century has rallied critics of the federal renewable fuel standard, which will reserve about 40 percent of the nation's corn crop for ethanol production this year.
A number of macro-economic developments, such as the expansion of the Panama Canal, are driving changes in supply chain design, says John Trestrail, supply chain solutions manager at LLamasoft. "Supply chain managers are trying to understand the impact of the canal's expansion on cargo flows, especially from Asia to the East Coast," he says.
Johnson and Johnson, owner of personal care brands Aveeno, Neutrogena and Clean and Clear, says it will remove a number of potentially harmful chemicals, including formaldehyde, from its line of adult consumer products by the end of 2015.
In emerging markets, regulations impacting trade and business differ greatly from country to country and changes constantly occur with little or no notice, says Mark Millar, managing partner at M Power Associates, Hong Kong. Because of this, trade compliance is an increasingly important issue for companies doing business in these economies.
Ian Darley, an inventory specialist in the mining industry, tells how he helped to pioneer a new method for storing materials on site - and eliminating a substantial amount of unnecessary packaging.
Just as homeowners are more likely to renovate their current homes rather than purchase a new one when the economy is soft, so too are many manufacturers opting to maintain and repair their existing equipment rather than making substantial capital investments in new systems.
By 2025, annual consumption in emerging markets will reach $30tr - the biggest growth opportunity in the history of capitalism. To compete for the prize, companies must be disciplined.
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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