Daily Magazine

The logistics giant Maersk will order eight new ocean-going ships that will use only carbon-neutral fuels to hit its net-zero goal by 2050. While it will be a more expensive endeavor than traditional vessels that run on fossil fuels, it is in line with what its customers want. They include: Amazon, Disney, H&M Group, HP Inc., Levi Strauss & Co., Microsoft, Novo Nordisk, The Procter and Gamble Company, PUMA, Schneider Electric, Signify, Syngenta, and Unilever. More than half of Maersk’s 200 largest customers have set – or are setting – ambitious science-based or zero-carbon targets for their supply chains.

Via EcoVadis, Ricard Lloria

Each partner is targeting a specific part of the automotive supply chain for carbon-emissions neutrality over the Polestar 0’s expected lifecycle.

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A study on how stakeholders can influence sustainability in the supply chain shared interesting insights.

-Pressure from stakeholders on sustainability can result in greater awareness. 

-Stakeholders have a critical role to play in the adoption of sustainable goals. 

-The impact of stakeholders is dissimilar in key decision areas. 

-The sustainability issue influences the weight of what the stakeholders have to say. It could, for instance, have more impact depending on whether the issue is social or environmental. 

Without a doubt, stakeholders have a crucial role to play in sustainability. After all, the organizations depend on them for business success. 

Via EcoVadis, Ricard Lloria

An analysis developed for HSBC UK by a team at Harper Adams University forwards a list of ‘key suggestions’ to cut carbon emissions and the carbon footprint of the UK food supply chain.

Three academics from the University’s department of food, land and agri-business management prepared the report, which examines the issues currently facing the UK’s supply chain when it comes to sustainability – and makes recommendations as to how improvements could be made.

Via EcoVadis, Ricard Lloria

Reduced environmental impact
At the heart of sustainability is the environment and how it can be protected. But often there’s a misconception that this comes at a cost. To highlight the benefits of an eco-friendly supply chain, let’s take a look at what French dairy producer Danone has been able to achieve.

In Evian-les-Bains, Danone worked with local authorities and farmers to convert 40,000 tons of organic waste into natural fertiliser while also producing biogas to provide power for 1,200 inhabitants. The organic waste helped to avoid contamination of spring water and ensured that farming continues without disruption or damage to the environment.

The switch from traditional farming to organic practices can see a 20% dip in milk production. But in the long term, the benefit of being able to sell at a higher price is realised, while using fewer resources keeps costs down and profits high.

It all forms part of Danone’s vision to be carbon-neutral across the full supply chain by 2050, something which will benefit the environment, the brand, and the profit margins.

Via EcoVadis, Ricard Lloria

In a successful proof of concept in Indonesia, Unilever applied GreenToken to sustainably source more than 188,000 tons of oil palm fruit. SAP and Unilever are using a pilot of the GreenToken by SAP solution to further increase traceability and transparency in Unilever’s global palm oil supply chain. The tool enabled Golden Agri-Resources and other suppliers from whom Unilever sources to create tokens that mirror the material flow of the palm oil throughout the supply chain and capture the unique attributes linked to the oil’s origin.

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The third revolution in the movement of goods and services now is at hand with the new emphasis on sustainable delivery that conserves resources and pays heed to the societal impact of freight transport, says Automotive Futures Managing Director Bruce Belzowski.

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Increased global awareness and debate surrounding climate change and sustainability has propelled environmental, social and corporate governance (ESG) practices from a ‘nice to have’ to a necessity for today’s corporate treasurer, according to Karin Flinspach, head of transaction banking, Europe & Americas at Standard Chartered

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The latest United Nations Global Compact-Accenture CEO Study charts a mixed picture of progress and what’s next for business following The UN Climate Change Conference in Glasgow (COP26).
Half the CEOs surveyed say they're grappling with supply-chain due to extreme weather but a mere 7% of CEOs globally say they have advanced early-warning systems or scenario planning in place.
Going into COP26, only 18% of CEOs said governments have given them the clarity needed to operate their businesses in line with a 1.5°C warming trajectory. They laid out what's needed to meet the 1.5°C target.

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Coca-Cola European Partners (CCEP) has announced that it’s switching the carriers on its multipacks from shrink wrap to paperboard to reduce packaging waste. CCEP estimates this change in its beverage packaging will remove about 4,000 metric tons of single-use plastic per year from its current supply chain.

Via EcoVadis, Apparel Resources