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The role of location in Environmental, Social and Governance (ESG)
Environmental, social and governance (ESG) considerations are increasingly important decision-making criteria for organisations to measure their activities and report progress. When an organisation chooses a strong ESG profile, it demonstrates strong commitment, both to codes of practice and corporate values, and to current and potential investors and lenders. It is a mark of distinction among competition, and supports an organisation’s attractiveness to employees and customers, presenting a key financial incentive. Whereas, a lower ESG profile or performance will increasingly suggest apathy towards the interests of wider society – whether intentional or not. Accountability is a powerful element in purchasing decisions, particularly in complicated and lengthy supply chains. Consumers want to know the background of service providers. Both employees and customers expect companies to stand for something with a positive social impact. For example, more than six in ten younger consumers closely consider a company’s ethical values and authenticity before buying their products.
Closer look at sustainability tool for agriculture
Land O’Lakes launched the Truterra Insights Engine just a year ago, and it can change the way farmers plan for the future.
New York bans single-use plastic bags, businesses brace for $500 per-bag fines
New York joins other states in banning single-use platic bags as a new law goes into effect that could fine violaters up to $500.
HKRITA and H&M Foundation further sustainable technology drive | Apparel Industry News | just-style
The Hong Kong Research Institute of Textile and Apparel (HKRITA) has entered into a five-year collaboration plan with the H&M Foundation to drive the sustainable development of the fashion and textile industry through research into technology enhancements.
This circular economy is a baby step towards a regenerative economy. And only this will save capitalism.
To make the circular economy work, organisations need to purchase products that have been made from recycled materials. But many materials, especially when they have been contaminated, cannot be recycled. They face a gradual downward slope ending in heat death incineration. It’s about increasing entropy – that is to say, disorder. For which, read usefulness. There’s only so many times paper and plastic can be recycled. There’s only one principle in existence on planet Earth that reverses entropy, creating order from chaos, usefulness from dust – and that is life. Life’s organising principle, from the cell, through organisms, ecosystems, and up to the ecosystem of the entire planet, is what gives us life and our life support system.
Liz Earle becomes a Sustainability Partner for Global Shea Alliance
Liz Earle has become a Sustainability Partner for non-profit industry association Global Shea Alliance, which promotes industry sustainability, quality practices and standards, and demand for shea in food and cosmetics.