The shift to Industry 5.0 could lead to job losses if workers are not retooled and reskilled, the Asian Development Bank (ADB) has warned. In a special supplement titled, “Capturing the Digital Economy: A proposed measurement framework and its applications,” experts also said shifting to Industry 5.0 from Industry 4.0, however, would still lead to increased consumption and job opportunities if workers are able to adapt. “Data suggest that, while effects of technology improvements observably reduce labor demand as a result of substitution, positive job impacts coming from consumption and new labor requirements may compensate,” the ADB said.
At OMRON, our aim is to contribute to the creation of a sustainable society and enhance corporate value, by using our OMRON Principles to solve social issues through our business activities. In order to make this a reality, we feel it is very important to identify the material sustainability issues upon which OMRON should focus, incorporate these into medium to long-term strategies and then establish specific initiatives, and through our business activities, solve these problems. Based upon this, we identified and set targets for 15 sustainability issues under the VG2.0 medium-term management plan which started in fiscal 2017, from the viewpoints of stakeholders and OMRON. In fiscal 2018, OMRON established a company-wide management structure aimed at achieving our year 2020 Sustainability Goals, and accelerated implementation of our initiatives.
‘Sustainable materials and products’ are the new black in fashion. Commitment is high with fashion brands from large to small and new to iconic, all are focusing on improving their sustainability like never before. When it comes to environmental sustainability in the fashion textile space, raw materials have been one of, if not the, most significant focus areas. Generally speaking, the industry has used the same raw materials for generations: t. Their environmental burdens that these materials bear are major contributors to global climate change, natural resource depletion, and biodiversity loss – to name a few among a long list of concerning effects. Therefore, there’s a dire need for the next generation of textile materials, and that calls for innovation. “Going for all of these challenges, we need actually innovation.” – An interviewee
he government is considering to introduce insurance bonds as an alternative to bank guarantees, Finance Secretary T V Somanathan said here on Tuesday. Somanathan made the announcement during a meeting between industry captains and Finance Minister Nirmala Sitharaman, who is on a two-day visit to the financial capital. ”Government is exploring on instituting insurance bonds as alternatives to bank guarantees,” an official statement said. Bank guarantees are usually asked for while extending a loan and typically require a collateral. An insurance bond is also a surety but it does not require any collateral. As per reports last year, insurance regulator Irdai was also looking at the option of insurers offering surety bonds in the context of road projects.
Here at Anestis Metal, we recycle all types of metals at our Lawrence Scrap Yard, including Brass! It doesn’t matter the quantity of the Brass, we will recycle just about anything; so if you’re a homeowner, plumber, electrician, architect, or none of the above, come one down to our scrap yard in Lawrence MA, recycle some metals, and get some cash! We pay in cash on the spot for your old or unwanted Brass scrap! Recycling Old & Used Brass Scrap – We recycle a variety of Brass scrap for residential and commercial needs at our Lawrence MA recycling facility. Schedule a pickup today or stop by out recycling center.
A circular economy, an economy without waste and no depletion of finite resources, gains traction in the sustainability debate as a way out of the current linear “take-make-waste” economy. Circular economy principles, ranging from ecodesign and recycling to new business models, such as products-as-a-service, can lower CO2-emissions and significantly contribute to combatting climate change. Furthermore, moving towards a more circular economy could deliver benefits such as improving the security of the supply of raw materials, increasing competitiveness, stimulating innovation, boosting economic growth and creating jobs.
An Ecovend reverse vending machine or an RVM is a recycling device with integrated technology that accepts used (empty) beverage containers in return for a monetary or non-monetary reward – these can be for example vouchers, discounts or even charitable donations. Our machines collect, sort, compact and store bottles and cans ready for onward recycling. This provides a simple and effective solution to beverage container waste. RVMs have gained signiﬁcant popularity in the last ﬁve years. Impressive levels of user engagement across Europe has led to up to 97% beverage container recycling waste in some countries.
Agnico Eagle is committed to not only meeting, but going beyond, regulatory requirements for health, safety, environmental, social and governance matters. We believe that by working together as a team, we will continue to adapt, be sustainable and remain accountable to our shareholders, stakeholders and society at large. Our Sustainability Commitment – This commitment translates into four fundamental objectives, which are the foundation of our Sustainable Development Policy: Operate a safe and healthy workplace: We aim to operate a safe and healthy workplace that is injury and fatality free. We believe that if we all work together, we can achieve zero accidents in the workplace and enhance the well-being of employees, contractors and communities. Protect our environment: We aim to eliminate, minimize and mitigate impacts of our operations on the environment and maintain its viability and diversity.
Six in 10 Filipino households that experienced financial difficulties had to reduce their food intake or pawn their possessions to survive in the pandemic, according to the Asian Development Bank (ADB).
ADB’s Key Indicators for Asia and the Pacific 2021 report showed 64 percent of households were in financial distress and had to employ coping strategies.
These strategies, which included skipping meals as well as selling and pawning their possessions, were necessary to survive, given that only 36.7 percent of these families were covered by at least one social protection benefit.
Read the full article at: businessmirror.com.ph
Every business must create a sustainability/Net Zero plan. Options are limited and alternatives are expensive. Zellar, in partnership with the Leicester Business Gateway and the Leicester & Leicestershire Enterprise Partnership are funding 100 annual subscriptions to their sustainability platform, to businesses located in Leicestershire. At this session, you will learn more about how Zellar’s software enables businesses to measure, manage and amplify their sustainability journey in one place.
UK-based Berry bpi will break ground on a recycling facility in Leamington next month, which will produce certified FDA post-consumer recycled polypropylene for use in packaging. The new facility will not only recycle used plastics, but it will also wash, sort, and sift them to produce food-grade materials with a target purity standard of 99.9 per cent. CleanStream, Berry’s proprietary process, is a closed-loop system to mechanically process domestically recovered household waste PP back into consumer packaging. The company claims that the facility will pave the way for the future of rPP packaging using automated sorting processes, integrating online sensor technologies and machine learning algorithms to separate PP containers, tubs and trays.
India stands committed to working with the US on clean energy, Union Environment Minister Bhupender Yadav said on Tuesday after a telephonic conversation with US Special Presidential Envoy for Climate SPEC John Kerry.During the conversation with Kerry, the minister discussed the Climate Action and Finance Mobilization Dialogue CAFMD Track under the India-US Climate, Clean Energy Agenda 2030 Partnership, and other related issues, the environment ministry said in a statement.Had a telephonic conversation with US Special Presidential Envoy for Climate Mr JohnKerry and discussed at length how the largest and oldest democracies can set examples for other countries on climate action.
Red Oak encourages other businesses and residents to do as much as they can to “green” their properties and offset their impact on the environment.
Red Oak is proud to announce that it is the first real estate brokerage in the Bay Area to be both carbon neutral and green-certified. Based upon our experience, we encourage other Berkeley businesses, as well as residents, to do as much as they can to “green” their properties and offset their impact on the environment. This is how the process went for us.
The Samsung ‘Galaxy for the Planet’ initiative is a new commitment being launched by the tech brand to help eliminate the use of single-use plastics from all its product packaging in the near future. The commitment will see the brand shifting to recycled materials across all its new mobile products by the year 2025. The brand will also push to minimize the amount of waste generates at mobile worksites to divert all waste from going to the landfill by 2025. President and Head of Samsung Electronics’ Mobile Communications Business TM Roh explained the new Samsung ‘Galaxy for the Planet’ initiative further saying, “We believe that everyone has a role to play in providing innovative solutions that protect the planet for generations to come. Samsung understands our efforts need to match our scale, our influence, and the magnitude of the entire Galaxy ecosystem around the world. Galaxy for the Planet is an important step in our journey toward creating a more sustainable world, and we will do so with the openness, transparency, and collaboration that drives everything we do.”
Metro Pacific Investments Foundation (MPIF) took its Puhunang Pangkabuhayan Project to its coastal community partner in Del Carmen, Surigao del Norte, donating bicycles, pocket Wi-Fis, sewing and edging machines, and Smart retailer kits for the establishment of alternative livelihood programs amid the Covid-19 pandemic. Kickstarting Alternative Livelihood – Most of MPIF’s coastal community partners depend on tourism as a source of income. Siargao Island in Surigao del Norte was even named one of Time magazine’s 100 unique destinations featured in its “The World’s Greatest Places of 2021”. However, the heightened restrictions and the strictly imposed lockdowns jeopardized this sector, forcing employees to search for other means to provide for their families. To augment this, MPIF sought to empower and give these individuals a source of stability against the looming uncertainty.
It all started with a simple yellow dress created from old, discarded blue jeans. It was the first garment made entirely from recycled clothing seven years ago by what was then a new company, Renewcell. “The dress shook up everything,” says Tahani Kaldéus, the head of research and development at Renewcell. “This changed the equation of consumption in the fashion industry.” When the Stockholm textile recycling company introduced its yellow dress to the fashion industry on a catwalk in June 2014, it received widespread praise, because the dress looks no different from one purchased at a leading retailer. The difference, however, is the technology.
UOB has been approved to join the Equator Principles Association and has adopted the Equator Principles (EPs), a set of international standards to assess environmental and social risk projects, according to a press release. UOB said that it is committed to the implementation of the EPs in its environmental and social policies, procedures, and standards for financing projects. “As an Equator Principles Financial Institution, we will ensure that rigorous environmental and social standards are applied in the projects we support, from the project development stage through to follow-up monitoring,” said Eric Lim, chief sustainability officer, UOB.
The COVID-19 pandemic forced the global corporate community to react to the unforeseen. Also other challenges, such as global warming and extreme weather events have been pushing companies to prepare for risks other than only those of a purely financial nature. An integrated approach and sufficient focus is therefore key. For investors, the relevance and importance of environmental, social and governance (ESG) factors has never been more pressing. The 2020 EY global investment study revealed that no less than 98% of investors conduct a formal or informal review of non-financial disclosures, compared to only 64% in 2013. The extent to which businesses are prepared for ESG risks, plays a central role in an investor’s decision-making and long-term investment management.
China’s State Administration of Market Regulation said on Monday it would further regulate the sharing consumption sector. The regulator said on its website that price hikes in the sharing economy were effectively contained due to its guidance of the industry.
Hurricane Ida became a tropical storm as its top winds slowed over Mississippi on Monday, while across southeast Louisiana residents waited for daylight to be rescued from floodwaters and see how much damage was caused by one of the most powerful hurricanes ever to strike the US mainland. All of New Orleans lost power right around sunset Sunday, leading to an uneasy night of pouring rain and howling winds. The weather died down shortly before dawn and people began carefully walking around neighborhoods with flashlights, dodging downed light poles, pieces of roofs and branches.