Sustainable Procurement News
77.9K views | +8 today
Follow
Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
Curated by EcoVadis
Your new post is loading...

Popular Tags

Scooped by EcoVadis
Scoop.it!

US consumers emphasise sustainability in shopping choices: Survey

US consumers emphasise sustainability in shopping choices: Survey | Sustainable Procurement News | Scoop.it
Sustainability is a priority for 78 per cent of US shoppers, who are willing to pay more for eco-friendly products, as per a Blue Yonder survey.
Interest in sustainable purchases is strong, with 83 per cent open to delayed deliveries for greener options.
Yet, scepticism over brands' sustainability claims persists, with 35 per cent expressing distrust.
No comment yet.
Scooped by EcoVadis
Scoop.it!

Guidance seeks to give fund finance a clearer sustainability path

Guidance seeks to give fund finance a clearer sustainability path | Sustainable Procurement News | Scoop.it
Four industry groups have released new guidance that aims to enable wider adoption of sustainability-linked loans in fund finance. It’s meant to address several hurdles for extending SLLs to funds, which have ranged from incongruencies with certain funds’ operational structures to the difficulty of formulating the key metrics a fund must abide by to benefit from SLLs.
No comment yet.
Scooped by EcoVadis
Scoop.it!

How Amazon uses AI to become a more sustainable company

How Amazon uses AI to become a more sustainable company | Sustainable Procurement News | Scoop.it

Climate change is one of the world’s greatest challenges—and at Amazon, we know we have to move fast, constantly innovate, invest, and stay nimble in order to continue to become a more sustainable company. Artificial intelligence (AI) and machine learning (ML) can help us meet our climate goals at the speed, scale, and urgency our planet requires. 

No comment yet.
Scooped by EcoVadis
Scoop.it!

Inside the European Commission’s last-minute push to stall its own sustainable packaging law 

Inside the European Commission’s last-minute push to stall its own sustainable packaging law  | Sustainable Procurement News | Scoop.it
The EU is set to usher in new rules to slash the bloc's packaging waste — but the European Commission's trade department is mounting a rearguard action to stop that from happening.

EU countries are set to give a final stamp of approval to a hard-won deal on the sustainable packaging rules on Friday, after EU institutions came to an agreement last week.

But the Commission's DG TRADE has privately been trying to turn EU countries against the freshly negotiated compromise and in favor of reopening the deal.
No comment yet.
Scooped by EcoVadis
Scoop.it!

Sustainability in Europe with Train Travel accompanied with Rail Europ

Sustainability in Europe with Train Travel accompanied with Rail Europ | Sustainable Procurement News | Scoop.it
Train is the only sustainable, comfortable and easy way to travel in Europe.

By making it easier to book train tickets, Rail Europe encourages mobility by train and meets the expectations of today's travellers, who are increasingly aware of the impact of their journeys.
No comment yet.
Scooped by EcoVadis
Scoop.it!

French rail industry outlines decarbonisation plans in white paper

French rail industry outlines decarbonisation plans in white paper | Sustainable Procurement News | Scoop.it

The FIF and SNCF led the publication of the paper which set out a range of plans, including the creation of a steering committee to guide businesses in their sustainability goals.

No comment yet.
Scooped by EcoVadis
Scoop.it!

Building a Successful and Sustainable Future for the Rail Industry

Even when accounting for current commitments for decarbonisation, global transportation activity is expected to double by 2050, leading to a 16% rise in emissions.

The railway industry is a significant contributor to these emissions and while it is committed to change, there is still a lot of work to be done if long-term sustainability goals are to be met.
No comment yet.
Scooped by EcoVadis
Scoop.it!

Path to net zero: Rail industry launches Sustainability Guide - Arup

The Australasian Railway Association (ARA) has released a dedicated Sustainability Guide to support the rail industry move faster towards a net zero future.

The guide, launched on 13 November at ARA’s major conference AusRAIL PLUS 2023 in Sydney, offers practical solutions for small- to medium-sized businesses in the rail industry.

ARA CEO Caroline Wilkie said rail will play a crucial role in Australia and New Zealand’s sustainable development and growth and is key to achieving net zero targets. 

No comment yet.
Scooped by EcoVadis
Scoop.it!

Vossloh AG Paves the Way for Sustainable Rail Infrastructure with Innovative Financing

Vossloh AG Paves the Way for Sustainable Rail Infrastructure with Innovative Financing | Sustainable Procurement News | Scoop.it
Imagine a future where every dollar invested in infrastructure not only generates economic value but also contributes directly to the health of our planet. Vossloh AG, a titan in the rail industry, is making this vision a reality. On February 22, 2024, the company announced a groundbreaking syndicated loan agreement that not only secures its financial future but also ties its fate to the company's environmental, social, and governance (ESG) performance. This bold move could redefine how corporations approach financing, making sustainability a cornerstone of economic success.
No comment yet.
Scooped by EcoVadis
Scoop.it!

Kia is making cars with sustainable materials like mushrooms, fishing nets and roots

Kia is making cars with sustainable materials like mushrooms, fishing nets and roots | Sustainable Procurement News | Scoop.it

Kia Motors is focusing on using sustainable materials in vehicle manufacturing. The innovative EV9 model is leading the way, and Kia plans to expand use of these materials to other models like the EV6. This effort is based on 10 sustainable materials that will become essential components for cars of the future. By prioritizing sustainability, Kia’s new models will be more eco-friendly than ever. 

No comment yet.
Scooped by EcoVadis
Scoop.it!

Humans Could Consume 60% More Natural Resources by 2060: UN Report

Humans Could Consume 60% More Natural Resources by 2060: UN Report | Sustainable Procurement News | Scoop.it
The United Nations Environment Programme’s Global Resources Outlook — the flagship report of the UN’s International Resource Panel, due to be published later this month — highlights how the consumption of natural resources globally is set to rise by 60 percent by 2060.
No comment yet.
Scooped by EcoVadis
Scoop.it!

EU Releases Final Draft Of Corporate Sustainability Due Diligence Law

EU Releases Final Draft Of Corporate Sustainability Due Diligence Law | Sustainable Procurement News | Scoop.it

On January 30, the European Union released the final draft of the Corporate Sustainability Due Diligence Directive. If adopted, the CS3D will be the latest reporting requirement imposed on EU businesses to address environmental, social, and governance standards relating to climate change and human rights both within the company and in the supply chain. The CS3D will most likely be adopted in the spring, going into effect in phases starting in 2027.

No comment yet.
Scooped by EcoVadis
Scoop.it!

Microsoft announces cutting-edge data and AI solutions for sustainable organizations

Microsoft announces cutting-edge data and AI solutions for sustainable organizations | Sustainable Procurement News | Scoop.it
Microsoft is revolutionizing the landscape of sustainability with its latest offerings in data and AI. Today, the tech giant introduced a suite of powerful tools within the Microsoft Cloud for Sustainability, empowering organizations to accelerate their journey toward a greener, more responsible future.
No comment yet.
Scooped by EcoVadis
Scoop.it!

IBM Study: Sustainability Remains a Business Imperative, But Current Approaches are Falling Short

IBM Study: Sustainability Remains a Business Imperative, But Current Approaches are Falling Short | Sustainable Procurement News | Scoop.it
- Three-quarters (76%) of surveyed executives agree that sustainability is central to their business, but nearly half (47%) say they struggle to fund sustainability investments
- Organizations that embed sustainability throughout the business are more likely to see financial benefits, yet only 31% of respondents report they incorporate sustainability data and insights into operational improvements to a great extent
No comment yet.
Scooped by EcoVadis
Scoop.it!

UN adopts Statistical Framework for Measuring the Sustainability of Tourism

UN adopts Statistical Framework for Measuring the Sustainability of Tourism | Sustainable Procurement News | Scoop.it
The UN has officially adopted a Statistical Framework for Measuring the Sustainability of Tourism (MST) during its 55th session from February 27 to March 1, 2024. This framework is now the global standard for assessing the economic, social, and environmental aspects of tourism.
No comment yet.
Scooped by EcoVadis
Scoop.it!

Nestlé's Mission to Boost Sustainable Cocoa Farming 

Nestlé's Mission to Boost Sustainable Cocoa Farming  | Sustainable Procurement News | Scoop.it
Nestlé has joined forces with two of its suppliers, Cargill and ETG | Beyond Beans, to launch a pair of projects using agroforestry to regenerate land around cocoa farms and cut carbon emissions in its supply chains.

As part of its commitment to reach net-zero emissions by 2050, Nestlé has launched the five-year programmes to accelerate the transition to regenerative agriculture and support reforestation of degraded lands around cocoa-farming communities.
No comment yet.
Scooped by EcoVadis
Scoop.it!

EU Member States reduce corporate due diligence rules to a shadow of their former self | WWF

EU Member States reduce corporate due diligence rules to a shadow of their former self | WWF | Sustainable Procurement News | Scoop.it

The EU countries agreed to massively dilute the Corporate Sustainability Due Diligence Directive (CSDDD), removing roughly two-thirds of the companies from the law’s scope and weakening the law’s ability to combat climate change.

No comment yet.
Scooped by EcoVadis
Scoop.it!

Skoda and Tesmec to produce high-performance and sustainable railway solutions

Skoda and Tesmec to produce high-performance and sustainable railway solutions | Sustainable Procurement News | Scoop.it

This partnership intends to revolutionise the rail industry through developing cutting-edge, high-performance and ecologically sustainable products on a worldwide scale.

No comment yet.
Scooped by EcoVadis
Scoop.it!

Stadler and KiwiRail Forge Ahead with Green Rail Technology in New Zealand

Stadler and KiwiRail Forge Ahead with Green Rail Technology in New Zealand | Sustainable Procurement News | Scoop.it

As the sun rises over the lush landscapes of New Zealand's North Island, a groundbreaking partnership between Stadler and KiwiRail takes a bold step forward, setting new standards in the rail industry's journey towards sustainability. This collaboration, which recently expanded through a significant rolling stock agreement, not only underscores the commitment of both entities to decarbonize rail transport but also marks a pivotal moment for the future of eco-conscious rail operations on a global scale.

No comment yet.
Scooped by EcoVadis
Scoop.it!

RTE’ 2024: sustainable tendering for rail

RTE’ 2024: sustainable tendering for rail | Sustainable Procurement News | Scoop.it

Travel by train remains overall the most environmentally friendly mode of motorised passenger transport in Europe in terms of greenhouse gas emissions, but efforts must still be made to reach the European Union (EU) 2050 sustainability targets, namely net-zero greenhouse gas emissions and climate neutrality in the next 26 years. As stated by CEO and founder of Evias Rail, Dr. Matthias Landgraf, “We must not stop optimising rail. This is especially important when you think about the so-called ‘scope 3’ greenhouse gas emissions,” – those that arise in the value chain but outside a company’s operations.

No comment yet.
Scooped by EcoVadis
Scoop.it!

RSSB releases a sustainable blueprint for the rail sector 

RSSB releases a sustainable blueprint for the rail sector  | Sustainable Procurement News | Scoop.it
Setting flexibility aside, rail transportation is one of the most sustainable forms, leading the way in mass transit whatever the region. Boston Consulting Group (BCG) cites it’s responsible for 9% of motorised passenger mobility globally and is also used for 7% of freight shipments worldwide. 
No comment yet.
Scooped by EcoVadis
Scoop.it!

Railways are advancing their ESG agenda

Railways are advancing their ESG agenda | Sustainable Procurement News | Scoop.it
A comprehensive ESG strategy could help railway companies to advance their sustainability agendas—and address more than decarbonization.
No comment yet.
Scooped by EcoVadis
Scoop.it!

Businesses Scramble As Global Regulators Set Their Sights On Biodiversity Impacts

Businesses Scramble As Global Regulators Set Their Sights On Biodiversity Impacts | Sustainable Procurement News | Scoop.it

The term “net zero” has become a bit of catch-all for corporate sustainability efforts. Globally, some 929 publicly listed companies currently have publicly disclosed net zero targets, a number that has more than doubled over the past two years, and countless press releases and environmental, social and governance (ESG) reports have touted corporate efforts to reduce their carbon dioxide (CO2) emissions as a symbol of their commitment to environmental action.

No comment yet.
Scooped by EcoVadis
Scoop.it!

Sustainable Logistics: Preparing For A Green Future By 2030

Sustainable Logistics: Preparing For A Green Future By 2030 | Sustainable Procurement News | Scoop.it

The logistics sector stands at a pivotal junction, facing a now-or-never moment. With rising sustainability pressures and radical technological shifts, businesses must transform operations to meet stringent emissions regulations and growing customer expectations around eco-friendly deliveries.

No comment yet.
Scooped by EcoVadis
Scoop.it!

Study Finds Execs Value Sustainability Yet Fall Short on Implementation

Study Finds Execs Value Sustainability Yet Fall Short on Implementation | Sustainable Procurement News | Scoop.it
Salesforce recently released a study that reveals a large majority of executives think sustainability is key to their organizations’ success, but only about a third consider their business to have effectively adopted sustainable operations in practice.

The study, conducted in partnership with GlobeScan, surveyed 200 sustainability, finance, and technology professionals, including 76 C-suite executives from the United States, Europe, and Asia. The study identified a major gap between ambition and realistic action — while 93% of these executives highly value sustainability in terms of their business’ success, only 37% find it to be well-integrated into their business.
No comment yet.

Interested in Sustainable Procurement News?

Sign up for the Sustainable Procurement Bulletin (monthly).
* Mandatory fields