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EV sales surpassed 1 million for the first time in 2023, the International Energy Agency (IEA) projects U.S. EV sales to exceed 17 million by the end of 2024, marking a 20% increase from 2023. This transition is reshaping global supplychains in ways manufacturers are still scrambling to adapt to. Moreover, Gartner Inc.
Originally published in Lenovo's 2023/24 ESG Report Supplychain ESG practices As a global business offering a variety of products and services in 180 markets around the world, Lenovo manages a diverse and dynamic supplychain. The practices disclosed in Section 6.0
Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. Faïg Abbasov, head of shipping at campaign group Transport & Environment, told BusinessGreen the proposal was "essentially an empty shell." "To Cecilia Keating. To achieve 1.5
Product defects are one possible cause, but how can manufacturers resolve quality issues when supplychains are so complex? But the wind energy sector is highly competitive, experiences rapid innovation, and is prone to massive supplychain issues. And repairs are costly, too.
VANCOUVER, Canada, December 14, 2023 /3BL/ - DP World , a global leader in integrated supplychain solutions, has endorsed a new Memorandum of Understanding (MOU) aimed at establishing an international green shipping corridor linking Canada’s West Coast with ports in Asia and the Middle East. Lawrence Seaway.
This marks a significant departure from traditional supplychain models in the fashion industry, which typically relies on intermediaries to ship, process, and sell in bulk. In 2023, about 43% of our cotton was purchased directly from our Alabama farm partners. and around the world.
Originally published in Quest Diagnostics' 2023 Corporate Responsibility Report Minimizing our environmental impact Our work to minimize our environmental impact starts within our walls. ASSESSING OUR RENEWABLE ENERGY USE In 2023, we purchased over 40 million kilowatt hours of electricity generated from renewable energy sources.
Originally published in FedEx's 2024 Global Economic Impact Report Delivering a more sustainable future FedEx works hard every day to make global supplychains smarter for everyone by leveraging advanced technologies to help optimize logistics. In 2023 and early 2024, FedEx Freight in the U.S. First launched in the U.S.
If a country or region relies on supply only from within their region and they experience a crisis, there is a risk people won’t get the medicines they need, when they need them. A secure supply of medicines from multiple regions and countries around the world is more reliable and at less risk of being disrupted.
SANTO DOMINGO, Dominican Republic, November 27, 2024 /3BL/ - DP World , a global leader in logistics and supplychain solutions, has successfully received the MSC Marie, an Ultra-Large Container Vessel (ULCV), at the Port of Caucedo, the largest ship to ever dock in the Dominican Republic.
There, container ships can shut down their auxiliary diesel engines and plug into the local electrical grid while berthed – cutting emissions by up to 80%. We've introduced new ships that run on cleaner-burning methanol, upgraded vessels for greater efficiency, and improved routes to achieve measurable fuel savings.
Never in history has the global supplychain been more complex. DP World, in partnership with Economist Impact, recently released our 2024 edition of the Trade in Transition report, highlighting key trends in global trade and supplychains. Let’s unpack these, starting with diversification.
July 6, 2023 /3BL/ - Lenovo has once again been named in the Gartner SupplyChain Top 25 for 2023, ranking eighth in this list of global companies with supplychains. The SupplyChain Top 25 ranking comprises two main components: business performance and opinion.
We are known by many for our expertly crafted fragrances and our best-in-class retail store presence, but a full understanding of our business begins with a closer look at our unique supplychain. based, vertically integrated supplychain enables us to deliver high-quality, on trend luxuries at affordable prices.
Lenovo’s International Services SupplyChain (ISSC) is the winner of the 2023 Award of Excellence for Making an Impact from the Association for SupplyChain Management (ASCM). We firmly believe that authentic sustainability leadership extends far beyond symbolic actions like curbing travel or planting trees.
The idea of green shipping corridors – referring to specific trade routes where the feasibility of zero-emission shipping is catalysed by public and private action – has gained currency in recent years, but progress could stall without urgent action from governments to overcome a “feasibility wall.”
As Deloitte explains, sustainability initiatives can also achieve efficiencies through cutting waste, shortening the supplychain, and saving energy. 1] Deloitte – The Sustainable Consumer 2023 These are some of the direct benefits of circular solutions, but there are also other reasons to choose a more sustainable path.
The recyclable unpadded mailer, introduced in late 2023, is now available in four standard sizes and also customizable to customers’ needs for shipping a wide range of items. The newly developed side- and bottom-gusseted versions of the recyclable unpadded mailer expand to hold larger-volume shipments.
We are implementing a similar shared pack concept in Europe, which makes our packaging much leaner and gives us more flexibility in our supplychain to supply medicines where they are most needed. View the full 2023 Sustainability Report. This advances our previous work with trilingual packs that we implemented in 2022.
And now, the 2023 federal budget promises $20 billion in new funding for clean power and green infrastructure. But supplychain problems slowed production at its Chinese plant last year, and in February EM recalled all 429 of its Chinese Solos for “unexpected loss of propulsion.” Capital is out there.
Originally published in Lenovo's 2023/24 ESG Report Under the EMS, energy-related targets are set annually. 2 Energy consumption also occurs throughout Lenovos value chain. Energy is used by Lenovos suppliers and its supplychain is encouraged to develop energy targets, use renewable energy, and report energy usage.
As of 2023, 12 percent of travel volume worldwide was for business, but the level is falling thanks to videoconferencing. Less weight means less energy is required to ship the phones in bulk, reducing supplychain costs and emissions. And cutting these emissions can have a multiplier effect, says Kjesbu.
VMware released its 2023 Environmental Social and Governance (ESG) Report , sharing progress and demonstrating its commitment to creating a more sustainable, equitable and secure digital world. The report provides benchmarks toward the goals outlined in its 2030 Agenda , a decade-long ESG commitment that guides business actions across VMware.
One such advancement came as a new packaging system that uses product-to-package ratio optimization technology to cut down on the use of shipping materials significantly. The switch to digital delivery notes also eliminated the need for protective plastic covers and improved the overall recyclability of our shipping cartons.
May 16, 2024 /3BL/ - DP World , a global leader in supplychain solutions, announces a strategic expansion of its North American freight forwarding network with two new offices in Texas. CHARLOTTE, N.C., These new additions are part of the company’s global expansion of its freight forwarding network , announced earlier this year.
small and medium-sized enterprises (SMEs), enabling SMEs to address their emissions from shipping through the use of sustainable aviation fuel (SAF). DHL rolled out its GoGreen Plus service to DHL Express in February 2023 , starting in the UK, with plans to extend it to other markets in the following months.
VANCOUVER, British Columbia, June 5th, 2024 /3BL/ - DP World , a global leader in supplychain solutions, announces it has received the prestigious 2023 Blue Circle Award for Energy Action.
December 13, 2023 /3BL/ - Consumers in the United States can look forward this coming year to SUNRAYS® mandarins independently certified as Sustainably Grown® by SCS Global Services. As the global climate becomes ever more unstable and erratic, our industry has seen firsthand the impact this has had on our supplychain,” said Paap. “At
by Don Maier, University of Tennessee The world’s largest shipping companies are starting to update their fleets for a greener future. Maersk received the world’s first dual-fuel methanol container ship in July 2023, and dozens more container ships that can run on alternative fuels are currently on order.
A global challenge, a regional response As the world celebrates World Ocean Day 2024, Indonesia takes center stage for its pioneering efforts towards sustainable shipping. Within the Association of Southeast Asian Nations (ASEAN), a region heavily reliant on maritime trade, the need for sustainable shipping practices is particularly acute.
Originally published on Built From Scratch ATLANTA, September 1, 2023 /3BL/ - The Home Depot Foundation is committing up to $250,000 to support immediate disaster relief and long-term recovery efforts in communities impacted by Hurricane Idalia.
PITTSBURGH, November 14, 2023 /3BL/ - Wesco, a leading provider of business-to-business distribution, logistics services and supplychain solutions, has joined the Department of Defense (DOD) SkillBridge program. Hear more from both veterans and active service members who are working for Wesco.
One way in which Avantor collaborates across the value chain is through its recently launched Responsible Supplier Program , designed to help reduce environmental impact and accelerate sustainable practices across the supplychain. Check out Avantor’s 2023 Sustainability Report.
The CMA CGM BAHIA, boasting a length of 336 meters and a capacity of over 13,000 TEUs, began its voyage in Singapore on December 28, 2023, berthing at the Port of Rio de Janeiro before making a stop at the Port of Santos.
In addition, VS&Co also received a Bronze Award for the launch of its 2023 Adaptive Collection in the category of Diversity, Equity & Inclusion. In 2023, VS&Co embarked on a first-of-its-kind initiative to purchase cotton directly from four Alabama family farms one Black-owned, and three women-owned.
CALLAO, Peru, October 15, 2024 /3BL/ - DP World , a global leader in logistics and supplychain solutions, has been awarded the Women’s International Shipping & Trading Association (WISTA International) Corporate Diversity Award for 2024.
We test all new product packaging to make sure it can get safely through the supplychain to a customer’s home or work site. to cut down on shipping space and shipping costs and reduce the carbon footprint associated with the supplychain? We have three areas of focus: performance, value and sustainability.
Running the new Innovation Center operations from the Budapest factory with onsite inventory stock, allows Lenovo customers to access the most advanced power and cooling infrastructure solutions and latest generation technology within the supplychain.
Originally published in Lenovo's 2023/24 ESG Report I am pleased to introduce our FY 2023/24 Environmental, Social and Governance (ESG) report. In 2023, Lenovo announced the new reduced carbon transport service for global logistics, as well as L.I.S.S.A., This solution is a breakthrough for the 2.3
Thu, 01/12/2023 - 13:30. For more than two decades, FedEx has proactively sourced products and services from small, minority- and women- owned Businesses across our supplychain. FedEx and the Black Enterprise Entrepreneurs Summit. Type of Content. Standard Format. Black Enterprise Entrepreneurs Summit. Supplier Diversity.
October 31, 2023 /3BL/ - FedEx Corp. NYSE: FDX) released its annual economic impact report, analyzing the company’s worldwide network and role in fueling innovation during its 2023 fiscal year (FY 2023). FedEx celebrated 50 years of operations on April 17, 2023. MEMPHIS, Tenn., million jobs. million jobs.
TAIPEI, Taiwan, September 14, 2023 /3BL/ - Acer Inc. In addition, to reduce carbon emissions in shipping its products worldwide, Acer has partnered with logistics provider Kuehne+Nagel to reduce standard sea containers emissions thanks to biofuel on various routes since Q4’22.
With Lenovo CO 2 Offset Services, we estimate the carbon emissions across the entire lifecycle of the device from manufacturing to shipping, typical use, and end-of-life.
Lenovo’s newest Global Innovation Centre , unveiled in October 2023 and operating on-site at the facility, now has the capacity for customers to test HPC workloads on 100% solar energy. At Lenovo, from our supplychain to our services, we offer customers significant support when it comes to helping reach their sustainability goals.
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