Sustainable Procurement News
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Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
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Producing bitcoin currency could void climate change efforts

Producing bitcoin currency could void climate change efforts | Sustainable Procurement News | Scoop.it

Producing bitcoin at a pace with growing demand could by 2033 defeat the aim of limiting global warming to 2 degrees Celsius, according to U.S. research published in the journal Nature Climate Change. 

EcoVadis's insight:

Climate change is almost certainly man-made, as reiterated by the latest report by the Intergovernmental Panel on Climate Change. Most companies still do not see climate change as relevant to their business and rarely publish climate change scenarios. Publishing more data on climate change and analyze the ways companies address it in their supply chains is vital.

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PwC: RE100 commitment just one step on sustainability journey

PwC: RE100 commitment just one step on sustainability journey | Sustainable Procurement News | Scoop.it

The latest addition to the Climate Group’s RE100 initiative for green energy has been named as global consultancy PricewaterhouseCoopers (PwC), which aims to source 100% renewable energy for its global operations by 2050. The company has also set itself a target of 70% renewable energy by 2022. However, the company has already made strides on its sustainability journey in the past year, reducing emissions per employee by 7%. It has also achieved an 85% reduction of emissions from energy use over the last 11 years and is now introducing an air travel offset program. PwC will also enjoy the knowledge that its business can continue to operate not only sustainably but economically too, following the recent release of figures stating that RE100 members enjoy “above average financial performance” in comparison with their counterparts.

EcoVadis's insight:

Great initiative by PwC. More than 70 cities have already adopted ambitious 100 percent clean energy goals, and five have already hit their targets. This proactive drive to increase sustainability efforts is just one step toward a greener future, but swift action must be taken to ensure these cities meet their goals by their respective deadlines – some, like Boulder, Colorado, as soon as 2030.

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Canada's Trudeau vows to impose carbon tax despite resistance

Canada's Trudeau vows to impose carbon tax despite resistance | Sustainable Procurement News | Scoop.it

Canadian Prime Minister Justin Trudeau on Tuesday said he would press ahead with plans to impose a carbon tax on provinces unwilling to combat climate change despite resistance in voter-rich parts of the country. Starting in April 2019 carbon pollution will initially cost C$20 ($15.27) a tonne, rising by C$10 a year until it reaches C$50 in 2022.  "The effects of climate change are everywhere, and they are a constant reminder of the need to act now," he said in a statement, citing recent heat waves, floods and forest fires. Official data regularly show Canada has little chance of meeting its climate change goals of reducing emissions by 30 percent from 2005 levels by 2030

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Britain asks experts to advise on net zero emissions climate target

Britain asks experts to advise on net zero emissions climate target | Sustainable Procurement News | Scoop.it

Britain has asked its climate change experts to advise on whether it should set a date to meet a net zero emissions target, the government said on Monday. Britain has a target to cut its greenhouse gas emissions by 80 percent compared with 1990 levels by 2050, but campaigners have warned this does not go far enough to meet pledges made under the Paris climate agreement.
The move comes a week after a United Nations report warned the world needs to make unprecedented changes in the way people use energy to curb global temperature rises and limit the worst effects of climate change such as more extreme weather and loss of species. Under the Paris agreement more than 190 nations agreed in 2015 to pursue efforts to limit a rise in global temperatures this century to 1.5 degrees Celsius.

EcoVadis's insight:

 The Paris agreement aims to strengthen the ability of countries to deal with the impacts of climate changeHigher temperatures lead to an increase in greenhouse effect, leading itself to higher temperature. Such global warming is believed to cause climate change.

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Marshall Islands marches toward zero greenhouse emissions by 2050

Marshall Islands marches toward zero greenhouse emissions by 2050 | Sustainable Procurement News | Scoop.it

The Marshall Islands, an atoll-nation vulnerable to sea level rise from climate change, announced steps on Monday towards an ambitious plan to cut its greenhouse emissions to zero by 2050.
The Pacific country became the first small island nation to present such a strategy to the United Nations amid increasing interest from governments worldwide towards eliminating planet-warming emissions in a bid to curb man-made climate change. Heine upped the pressure on world leaders to go beyond current pledges to reduce their heat-trapping greenhouse gas emissions as agreed in the 2015 Paris climate agreement. Worldwide, nine other countries have so far unveiled long-term plans to completely eradicate carbon emissions at home, from Britain to France and the United States under the administration of former U.S. president Barack Obama.

EcoVadis's insight:

Great initiative by Marshall Islands! The best practice for emissions policies is to communicate clear principles and objectives for the reduction of GHG emissions in qualitative and quantitative terms, reporting of Key performance indicators (KPIs) can have an even stronger, positive impact on a suppliers’ scorecard.

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Britain to tax non-recycled plastic packaging

Britain to tax non-recycled plastic packaging | Sustainable Procurement News | Scoop.it

Britain will levy a new tax on those who make or import plastic packaging with less than 30 percent recycled material, finance minister Philip Hammond said on Monday. The measure, to be introduced in April 2022 subject to consultation, is an attempt to reduce waste and help tackle climate change. "

EcoVadis's insight:

Great sustainable initiative by Britain to reduce waste and help tackle climate change. Climate change has been acknowledged for a few decades now. Many companies are making efforts into reducing their carbon footprints, making sure to mitigate climate change.

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Reduce and reuse raw materials to slash waste and emissions, UN and think-tanks urge

Reduce and reuse raw materials to slash waste and emissions, UN and think-tanks urge | Sustainable Procurement News | Scoop.it

The rapid consumption of raw materials must be curbed to cut waste and carbon emissions, the United Nations and global think-tanks have urged, with resource consumption set to almost double by 2060, especially in developing economies. "We are using the planet's resources at a faster rate than they can be replenished, while polluting our seas, air and countryside with the waste from our consumption habits," head of U.N. Environment Erik Solheim said in a statement. Governments, cities and companies have been under increased pressure in recent years to cut down on waste, including plastic, and to reach ambitious climate goals.
In 2015, countries signing the Paris Agreement to curb global warming set a goal of limiting a rise in average world surface temperatures to "well below" 2C (3.6F) above pre-industrial times, while "pursuing efforts" to limit rising temperatures to 1.5C (2.7F).
Yet with two-thirds of people set to be living in cities by 2050, according to U.N. estimates, the use of raw materials is predicted to nearly double by 2060.

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EU lawmakers move to ban throw-away plastics

EU lawmakers move to ban throw-away plastics | Sustainable Procurement News | Scoop.it

Under the proposal, EU states would also be obliged to recycle 90 percent of plastic bottles by 2025, with help from manufacturers to cover costs of waste management. European Union lawmakers moved on Wednesday to ban widely-used, throw-away plastics such as straws and cotton buds, and put a greater burden on manufacturers to recycle in an effort to clear up ocean pollution. Under the proposal, overwhelmingly backed by the European Parliament, 10 single-use plastic products with readily available alternatives would be banned by 2021. EU states would be obliged to recycle 90 percent of plastic bottles by 2025 and producers to help cover costs of waste management.

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With solar farms and roof panels, Bangladesh inches toward green power goal

With solar farms and roof panels, Bangladesh inches toward green power goal | Sustainable Procurement News | Scoop.it

Bangladesh's electricity generation from renewable sources has passed the 5 percent mark with the opening of a major new solar plant - boosting hopes the country might meet its goal of getting 10 percent of power from renewables by 2020, experts say. The solar plants come on top of the widespread use of solar home systems in the low-lying country, considered one of those most vulnerable to climate change impacts.

EcoVadis's insight:

Great Sustainable step by Bangladesh. Despite the advances in solar power technology, it still costs significantly more to produce electricity from solar panels than it does from using traditional coal, gas or nuclear sources. But as energy prices continue to increase, the future looks bright for solar power.

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