Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
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Renewables: Europe on track to reach its 20% target by 2020

Europe as a whole is performing well in its deployment of renewables. In 2011, renewables generated 21.7% of the EU's electricity; three years later, this figure has reached 27.5%, and it is expected to climb to 50% by 2030. The EU's initial efforts in promoting the use of renewables facilitated this continued growth which resulted in lowered renewable costs: the prices of photovoltaic modules fell by 80% between the end of 2009 and the end of 2015. Renewables have now become cost-competitive, and sometimes even cheaper than fossil fuels.
EcoVadis's insight:

The European Union is working its way to become world's number one in renewables

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Electronic waste in Asia is piling up

Electronic waste in Asia is piling up | Sustainable Procurement News | Scoop.it
A recent study issued by the United Nations University’s Sustainable Cycles programme (UNU) indicates that the amount of e-waste in Asia has risen by 63 percent in the last five years. In China, the generation of e-waste more than doubled between 2010 and 2015, with Hebei, Hunan, Guangdong and Jiangxi Provinces being the most prominent.
EcoVadis's insight:

Proper disposal is critical and requires support from all stakeholders - how are you dealing with e-waste?

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Corporate Renewable Energy Buyers’ Principles PepsiCo and TD Bank sign on to Renewable Energy Buyers’ Principles

Corporate Renewable Energy Buyers’ Principles PepsiCo and TD Bank sign on to Renewable Energy Buyers’ Principles | Sustainable Procurement News | Scoop.it
As of January 2017, 65 companies have signed on, representing over 48 million MWh of annual demand by 2020, equivalent to powering 4.4 million American homes with clean, renewable energy.
EcoVadis's insight:

Great to see PepsiCo and TD Bank take bold initiatives!

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Achieving Breakthrough Results in Sustainability

Achieving Breakthrough Results in Sustainability | Sustainable Procurement News | Scoop.it
Bain research on corporate transformation programs shows only 12% achieve or exceed their aims. For sustainability, that figure is just 2% (see Figure 1). Why? Sustainability transformations add another dimension of challenge. Often, enthusiastic leadership teams overlook the difficulties frontline employees confront when implementing new approaches.
EcoVadis's insight:

While many CEOs want to make a difference, momentum fades throughout the journey. Read the report to see the obstacles to sustainability efforts.

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Can China meet its 2017 air quality goals?

Can China meet its 2017 air quality goals? | Sustainable Procurement News | Scoop.it

When China launched its five-year Air Pollution Action Plan in 2013 it was recognition that the country’s smog problem needed to be brought under control. As the plan enters its final year, official data indicates that long term progress is being made to improve air quality overall.
Yet the continued occurrence of major air pollution events shows that there’s still a long way to go.

EcoVadis's insight:

Despite the rapid progress, it will take some more time to meet the goals..

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P&G launches world's first recyclable shampoo bottle made with beach plastic

P&G launches world's first recyclable shampoo bottle made with beach plastic | Sustainable Procurement News | Scoop.it
P&G says its move to increase the amount of post-consumer plastic in its production is part of an effort to establish a “unique supply chain” that will rely on thousands of volunteers and hundreds of non-government organisations to collect plastic waste from beaches. 
EcoVadis's insight:

It is one of a series of high-profile moves by global manufacturers to use plastic in a more sustainable way. How are you dealing with plastics in your supply chain?

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Railsponsible joins UNEP Sustainable Public Procurement Program

Railsponsible joins UNEP Sustainable Public Procurement Program | Sustainable Procurement News | Scoop.it
Railsponsible, a non-profit business organisation formed by seven rail companies: Alstom, Bombardier Transportation, SNCF, Deutsche Bahn, Knorr Bremse, Nederlandse Spoorwegen (NS) and SKF, became the 109th partner of the 10YFP Sustainable Public Procurement Program led by the United Nations Environment Programme (UNEP).
EcoVadis's insight:

Great to see Railsponsible, supported by EcoVadis, engaging to make sustainable procurement a reality.

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New reporting guidelines set benchmark for palm oil transparency

New reporting guidelines set benchmark for palm oil transparency | Sustainable Procurement News | Scoop.it

Recently launched, the 16-page Reporting Guidance for Responsible Palm was jointly developed by green groups, sustainable investment advocates, and human rights organisations, with input from the private sector.
The guidelines lay out 21 indicators that palm oil growers, processors, and traders (GPT) should include in their corporate reporting.

EcoVadis's insight:

This guideline will help oil companies, manufacturers, and retailers communicate their sustainability efforts in a transparent way; are you following this guidance?

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Kering shifts focus to supply chain with 2025 strategy

Kering shifts focus to supply chain with 2025 strategy | Sustainable Procurement News | Scoop.it
“Global luxury fashion group Kering has today (25 January) revealed new targets which place a focus on emissions reductions and supply chain sustainability, as part of the next phase of its CSR strategy.
Via Acquisti & Sostenibilità not-for-profit
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Lingerie maker Victoria's Secret looks to uncover supply chain issues

Lingerie maker Victoria's Secret looks to uncover supply chain issues | Sustainable Procurement News | Scoop.it

Lingerie giant Victoria’s Secret has pledged to trace the sources of its wood-based fabrics, joining the ranks of fashion companies addressing human rights and deforestation, its parent company said.
In a new policy statement, parent company L Brands said it aimed to eliminate sources of wood pulp, used to make rayon, viscose and modal, that contribute to rainforest destruction or violate the rights of local people.

EcoVadis's insight:

Great to see brands beginning to take responsibility for their supply chains

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Business Leaders World-Wide Agree that Disruptive Technologies Can Drive Corporate Sustainability Efforts

Business Leaders World-Wide Agree that Disruptive Technologies Can Drive Corporate Sustainability Efforts | Sustainable Procurement News | Scoop.it

Disruptive technologies and digital infrastructure have the potential to solve some of the world’s most pressing risks and to transform industries. These include safeguarding the planet's soil and water, and improving inequality and education.
This is the main conclusion of the 2017 Global Opportunity Report, released by DNV GL, Sustainia and the United Nations Global Compact. The report also demonstrates the commitment of the global business community towards taking action on the UN Sustainable Development Goals (SDGs) and the 2030 agenda.

EcoVadis's insight:

Explore the report to learn how disruptive tech is driving corporate sustainability globally

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Samsung raided in political corruption probe - BBC News

Samsung raided in political corruption probe - BBC News | Sustainable Procurement News | Scoop.it
In this latest twist of the scandal that's been rocking South Korea for weeks, prosecutors are investigating allegations that Samsung might have provided €2.8m euros ($3.1m, £2.5m) to a company co-owned by Ms Choi and her daughter, to bankroll the daughter's equestrian training in Germany.
EcoVadis's insight:

Allegations of this type can create damage to your company's image; how are you protecting your brand?

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Eighty-two per cent of construction industry investing in sustainability strategies according to Tata Steel report

Eighty-two per cent of construction industry investing in sustainability strategies according to Tata Steel report | Sustainable Procurement News | Scoop.it
Barry Rust, Energy & Sustainability Manager at Tata Steel stated: “Sustainability is becoming a critical issue in the construction industry, as shown by the results detailed in our report. Responsible sourcing emerged as a particularly important theme, with the industry clearly prioritising a need to understand the provenance and impact of the materials used in construction. As a manufacturer of construction products certified to BES 6001 responsible sourcing standard, we are pleased to see such a positive response to responsible sourcing and plan to use the findings from the report to encourage greater adoption of sustainable materials in the construction industry."
EcoVadis's insight:

Leaders in the construction industry are already investing in responsible sourcing; are you also following the tren?

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Why green bonds are reaching record highs

Why green bonds are reaching record highs | Sustainable Procurement News | Scoop.it

Last year, Apple issued the largest green bond by a U.S. technology company, Poland issued the world’s first sovereign green bond and total green bond issuances grew to a record high.
According to a recent report by Moody's Investors Service, the rise of green bonds issuances in 2016 is projected to carry over into 2017 as well. The report projects that green bond issuances will increase to over $200 billion in 2017 from $93.4 billion in 2016 if green bonds grow at their 2016 rate.

EcoVadis's insight:

Apple and Toyota have issued green bonds to finance energy efficiency projects, green buildings and electric-powered cars. Looking forward to see more corporate issuers this year..

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Banks, UN set standards on channelling investments for sustainable development

Banks, UN set standards on channelling investments for sustainable development | Sustainable Procurement News | Scoop.it

Nearly 20 leading global banks and investors, totalling $6.6 trillion in assets, have launched a United Nations-backed global framework aimed at channelling the money they manage towards clean, low carbon and inclusive projects.
The Principles for Positive Impact Finance – a first of its kind set of criteria for investments to be considered sustainable – provide financiers and investors with a global framework applicable across their different business lines, including retail and wholesale lending, corporate and investment lending and asset management.

EcoVadis's insight:

Great to see leading finance institutions committing to such an ambitious and practical framework.

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Phoenix Teams Up with Recyclebank to Tackle Waste and Recycling Goals 

Phoenix Teams Up with Recyclebank to Tackle Waste and Recycling Goals  | Sustainable Procurement News | Scoop.it
The City of Phoenix, AZ and Recyclebank, a company that pioneered and patented an education and incentives platform to help cities encourage residents to make sustainable purchasing and disposal habits, formally announced today that they will be teaming up to amplify the city’s “Reimagine Phoenix” initiative, a program aimed at diverting 40 percent of the city’s waste from landfills by 2020.
EcoVadis's insight:

Over 1.5 million residents in Phoenix will be educated to reduce, reuse, recycle and reconsider eco-friendly consumption choices. Are your products adapted to this growing need?

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Supply Chain Slavery Index Identifies High-Risk Countries in Fashion Supply Chains 

Supply Chain Slavery Index Identifies High-Risk Countries in Fashion Supply Chains  | Sustainable Procurement News | Scoop.it

Russia, Slovakia, India and Pakistan have been identified as ‘severe risk’ source countries of ‘modern day slaves’ to the UK. Of the G7 nations, Italy is identified as a ‘high risk’ nation — partly due to the conflict in Syria. Greece and Turkey are additionally categorized as ‘high risk’ countries.

EcoVadis's insight:

Are you sourcing from those high-risk countries?

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Current policies will fail to decarbonise transport by 2050

Current policies will fail to decarbonise transport by 2050 | Sustainable Procurement News | Scoop.it

"Technology will  provide about 70 per cent of the possible CO2 reductions to 2050. The rest will come from doing things differently, and this is where there is still a lot of potential."
José Viegas, secretary-general, International Transport Forum

EcoVadis's insight:

Co2 emissions is expected to rise up to 60% in the transportation sector. Read more in the recent report.

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The State of Green Business, 2017

The State of Green Business, 2017 | Sustainable Procurement News | Scoop.it
Companies and markets dislike uncertainty, of course, so the coming year or two may see head-snapping policy shifts as the public and private sector grapple with two seemingly unstoppable forces: the political momentum of an increasingly nationalist and protectionist world, and the wrath of a changing climate on a civilization ill-prepared to cope.
EcoVadis's insight:

The interest of companies in understanding the value of natural capital is surging, as companies look to reduce their exposure and communicate the benefits of their operations or products.

Download the report to explore more.

 

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How Hewlett-Packard, General Motors, Other Major Purchasers Helped Suppliers Save $12.4 Billion by Reducing Emissions 

How Hewlett-Packard, General Motors, Other Major Purchasers Helped Suppliers Save $12.4 Billion by Reducing Emissions  | Sustainable Procurement News | Scoop.it

Hewlett-Packard, General Motors and Bank of America are among the major purchasers that are saving billions and reducing emissions by working with their suppliers to improve environmental management, according to a Carbon Disclosure Project (CDP) report.
Hewlett-Packard, for example, helped its suppliers avoid 800,000 metric tons of CO2e emissions and save more than $65 million through developing energy-saving action plans targeting local efficiency improvements.

EcoVadis's insight:

New report lists companies awarded a position on CDP’s first-ever supplier engagement leader board.

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Our love of cheap seafood is tainted by slavery: how can it be fixed?

Our love of cheap seafood is tainted by slavery: how can it be fixed? | Sustainable Procurement News | Scoop.it
Murder and slavery have become endemic in the global fishing industry. Will an ongoing legal case recognise crew members’ rights? And how can the industry police and fix itself?

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CDP: Big businesses are driving huge cuts in supply chain emissions

CDP: Big businesses are driving huge cuts in supply chain emissions | Sustainable Procurement News | Scoop.it

CDP new report reveals that global supply chain emissions fell by 434 million tonnes last year - more than France’s total greenhouse gas (GHG) emissions in 2014.
The emissions reduction, which led to £10bn in cost savings, was driven by the world’s seeking to exploit the opportunities presented by the low-carbon transition, CDP says.

EcoVadis's insight:

Business community is increasingly aware of the benefits of assessing indirect carbon emissions in the supply chain which include efficiency gains, savings to the bottom line and ultimately increased revenue. Are you following the same trend?

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Asia firms slump in sustainability rankings

Asia firms slump in sustainability rankings | Sustainable Procurement News | Scoop.it
Not only were Japanese companies the most numerous from Asia in the ranking, they also showed the most improvement year on year. Pharmaceuticals firms Takeda (67th) and Astellas Pharma (85) both moved up the ranking, as did medical IT company Sysmex Corp (70). Electronics giant NEC (86) appeared in the rankings for the first time.
EcoVadis's insight:

We usually see the same Asian corporate leaders in those type of rankings; where are the others?

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Samsung and Panasonic accused over supply chain labour abuses in Malaysia

Samsung and Panasonic accused over supply chain labour abuses in Malaysia | Sustainable Procurement News | Scoop.it
The men said they had been deceived about pay, had their passports confiscated and had been told that they must pay large fines if they wanted to return to Nepal before the end of their contract. They also claimed they were forced to work for up to 14 hours on their feet without adequate rest, and with restricted toilet breaks, in an attempt to settle recruitment fees of up to £1,000 – they said they had to pay this money to secure their jobs
EcoVadis's insight:

These allegations have led Samsung and Panasonic to open investigations into the conduct of their suppliers; are you waiting for allegations to ensure that your supply chain is clean from labour abuses?

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Can artificial intelligence make supply chains sustainable?

Can artificial intelligence make supply chains sustainable? | Sustainable Procurement News | Scoop.it
In fact, AI is such an important priority that one of these firms, France’s EcoVadis, just signed its first outside funding — for about $32 million from institutional investor Partech Ventures — and specifically mentioned this area as a motivation for the arrangement.
EcoVadis's insight:

Great EcoVadis coverage in GreenBiz's article on the use of AI in supply chain risk management system.

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