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The race to meet global clean energy targets is on, and the supplychains supporting this shift are feeling the pressure. But it’s not all smooth sailing—gaps in infrastructure, regulatory uncertainties, and supplychain bottlenecks are complicating progress. Here’s a head-first dive into what that report found.
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
As global supplychains continue to grapple with unprecedented challenges, the industry is being tested like never before. DP World and SupplyChain Dive’s studioID survey-driven report “ SupplyChains Prepping for a Greener, More Agile Future ” underlined the nature of these concerns.
In this new webinar, you will learn firsthand how to set up a sustainable supplychain program that will help meet increasing ESG requirements stemming from regulators, customers, consumers, and investors alike. August 31, 2023 at 9:30am PDT, 12:30pm EDT, 5:30pm BST
Originally published in Quest Diagnostics' 2023 Corporate Responsibility Report Creating a healthier world requires collaboration, both across our internal team and with our global suppliers. We also look for opportunities to improve sustainability in our supplychain and support more diverse businesses.
LONDON, February 25, 2025 /3BL/ - Leidos (NYSE: LDOS) announced the company has been contracted for cybersecurity work by NHS SupplyChain, which supports excellence in patient care across England and Wales by ensuring access to high-quality, cost-effective medical products, services and food.
Originally published in American Airlines' 2023 Sustainability Report American is committed to conducting business in an ethical manner consistent with our values. Our approach is outlined in American’s Sustainable SupplyChain Policy , which we updated in July 2024. We updated these standards in July 2023.
Global management consulting firm Bain & Company and supplychain decarbonization intelligence solutions startup Terralytiq announced the launch of a new strategic partnership, aimed at enabling companies to optimize supplychains for carbon and costs, and to help deliver lower carbon products.
Despite the company’s success in addressing its data center emissions, however, the report also indicated that Google’s overall carbon footprint continued to grow in 2024, driven by a sharp increase in emissions from its supplychain, with Scope 3 emissions rising by more than 20% in the year.
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.
1 Columbia Impact Report 2023 [link] (pg15) 2 Better Work (2022). She concluded by underscoring the importance of business cases framed around factors such as return on investment, compliance and reputational risk, and competitive differentiation as key drivers of meaningful investment in gender equity.
Food, beverage and snacking companies Nestl and Mars announced new agreements with New Zealand-based dairy cooperative Fonterra, which will see the companies funding incentives to farmers to lower emissions, and reduce the climate footprint of their dairy supplychains. The co-op has also set an ambition to achieve net zero by 2050.
The supplychain industry is evolving rapidly, driven by artificial intelligence (AI), blockchain, automation, and sustainability initiatives. A 2022 Deloitte study found that only 25% of supplychain professionals feel adequately trained in digital tools, despite 76% of companies investing in AI-driven solutions.
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.
With a new three-year supply agreement and an increased equity stake in Gen Phoenix to 9.9%, Tapestry has nearly quadrupled its initial investment from 2023. It’s about building a resilient, future-ready supplychain that aligns with the values of today’s consumers. This isn’t just about sourcing materials.
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.
Through our recently completed DMA and climate scenario analysis, we took steps to identify and assess potential climate-related risks and opportunities within our operations and supplychain over multiple time horizons. 2023: Scope 1 - 0.83 Operational Emissions (Thousand MT CO2e) (See chart above) 2019: Scope 1 - 1.36
Founded in 2024 by former Eurazeo CEO Virginie Morgon, Paris-based Ardabelle targets opportunities presented by the shift to sustainability within the value chain of consumer corporations, or the Scope 3 value chain transition, driven by Europes industrial transformation and sustainable transition.
Strengthen SupplyChain Reporting: Novata will help Microsoft suppliers meet their climate reporting obligations, providing companies with the tools needed to track, manage, and report sustainability metrics with greater accuracy, efficiency and affordability. "Our
This investment will allow us to rapidly accelerate our solutionenabling businesses to understand nature across their supplychains and make informed operational and financial decisions. Founded in 2014, NatureMetrics provides solutions enabling companies to measure and report on nature impact. ”
reduction to date in greenhouse gas emissions across Mars’ value chain, relative to a 2015 baseline, with the company pointing out that much of the progress was driven by its focus on partnerships advancing innovative agricultural practices and deforestation-free supplychains.
As we work to build more sustainable sourcing practices throughout our supplychain at Bath & Body Works, an ingredient of immediate focus is palm oil. We embarked on our sustainable palm oil journey in 2023. To learn more, check out our 2023 ESG report at bbwinc.com. In calendar year 2022, we used approximately 26.5k
Worldwide, there are more than 95,000 private companies with annual revenues over US$100 million, compared to only 10,000 public companies over that threshold, according to a 2023 report from investment management firm Hamilton Lane. By 2023, Bosch reported that 99% of its electricity requirements were met by green energy.
We have a goal to incorporate Circular Design Principles into 100% of new Cisco products and packaging by our fiscal year 2025 and we are working with our internal engineering and supplychain teams, and our suppliers, to execute on them.
According to NitroVolt, the ammonia supplychain is also highly exposed to global events and political disruptions, as evidenced by drastic price increases due to the Covid pandemic and war in Ukraine.
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.
Sustainable heating startup Vamo announced that it has raised €7 million in new capital, expanding its seed round to over €10 million (USD $10.8), after having raised €3 million in 2023, with proceeds aimed at advancing its solution enabling households to deploy heat pumps.
NEW YORK, April 22, 2025 /3BL/ - Chief Executives for Corporate Purpose (CECP) today released the 2025 edition of Corporate Purpose: Driving Business Value , finding that companies with a corporate purpose statement had 58% more revenue growth, and 63% higher returns on invested capital (ROIC) in 2023. points between 2022 and 2023.
Decarbonizing our customer operations and our supplychain In 2024, SLBs Transition Technologies portfolio of upstream and midstream products and services continued to expand, helping customers reduce their greenhouse gas emissions.
In 2023, we launched the first hybrid-electric ferry in the UK , Pioneer, which runs on a combination of traditional diesel fuel and electric battery power. With over 120 vessels handling 16,000+ port calls each year, this is where small efficiency gains yield massive emissions reductions.
Another example of a circular customer solution comes from Italy where IP collaborated with long-standing customer Colgate-Palmolive to design a circular supplychain solution to decrease waste and increase recycling. The result is a closed and sustainable circular supplychain. Net sales for 2023 were $18.9
Collaborative Industry Transformation In 2024, BGMEA signed a partnership MoU with Cascale to drive unified sustainability efforts across the supplychain and, in 2025, the International Apparel Federation (IAF) and International Textile Manufacturers’ Federation (ITMF) launched the Apparel and Textile Transformation Initiative (ATTI).
Initially unveiled in 2023 , and forming part of SAP Sustainability solutions, the new solution provides a carbon accounting system that directly integrates with a companys financial data, according to SAP, by allocating emissions to economic activities and transactions captured by SAPs ERP solutions.
Colin Browne, chief executive officer at Cascale, commented, The climate crisis is here, and fashions supplychain feels it every day. Since integrating SBTs into Cascale membership requirements in 2023, over 60 percent of Cascale corporate members have set or are actively working towards setting SBTs or science-aligned targets (SATs).
In 2023, as part of its Long Range Planning and 2030 Aspirations, Griffith Foods committed to expanding its presence in Alternative Proteins. However, we are excited to announce that we are launching an Alternative Proteins Portfolio, a first step in our quest to make to make this category a cornerstone of our business.
Advocacy: Engaged in 100+ trade associations globally on a range of policy issues from direct selling and entrepreneurship to personal care and supplychain and logistics. Honored with a “Leadership in Conservation and Sustainability Award” by Texan By Nature (TxN) in 2023 and again in 2024.
Following the release of the standards in 2023, IOSCO called on regulators to incorporate the standards into their sustainability reporting regulatory frameworks.
The European Investment Bank (EIB) and Paris-based financial services group Societe Generale announced the launch of a new clean energy financing initiative, aimed at unlocking as 8 billion in investments to support manufacturers across the wind energy supplychain in Europe.
[CHICAGO, IL] — [January 21, 2025] — Sphera, the leading provider of Enterprise Sustainability Management solutions, has unveiled its 2025 SupplyChain Risk Report , offering an in-depth analysis of the most pressing risks and emerging opportunities reshaping global supplychains.
During FY 2023/24, there were no reported incidents of refrigerant releases. Lenovos climate risk assessment in FY 2023/24 also included climate scenario analysis to explore how physical and transition risks and opportunities of climate change can impact its business. This process is managed by Lenovos Global ESG team. Read more
In December 2023, the COP28 declaration set out to triple renewable energy (RE) capacity and double energy efficiency (EE) improvements by 2030. It touches upon every aspect, from materials, equipment design, production and supplychain to project design and development, construction, and operations.
Royal Canadian Mint In 2023, Canadas coin producer released its inaugural Impact Report and committed to making its manufacturing carbon-neutral by 2030. In 2023, the Mint offset 491 tonnes of emissions, and it is now pioneering more sustainable methods of gold refining and mineral sourcing. In 2023, EDC provided a record $12.2
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