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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Schneider Electric 'among world’s most ethical firms'

Schneider Electric 'among world’s most ethical firms' | Sustainable Procurement News | Scoop.it

Schneider Electric, a leader in digital transformation of energy management and automation, has been recognized as one of the World’s Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing ethical business standards. It is the ninth year that Schneider Electric has received this accolade, proving the group’s long-term commitment to ethical business in all respects, a company statement said.

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UAE waste to fuel facility set to start operations in 2020

UAE waste to fuel facility set to start operations in 2020 | Sustainable Procurement News | Scoop.it

The UAE's Ministry of Climate Change and Environment has signed a concession agreement with the shareholders of the Emirates RDF Company to develop and operate a refuse derived fuel facility in Umm Al Quwain. The project will be developed under a public private partnership (PPP) scheme and is co-financed by the Ministry of Presidential Affairs. It will convert the waste of 550,000 residents from the two emirates into an alternative energy source. This product, named refuse derived fuel (RDF), will be used in cement factories as a fuel. It will partially replace the traditional use of gas or coal.

EcoVadis's insight:

Every area of industry will be impacted by climate change. Just as business operations are important, it is imperative to consider the impact of climate change on business operations, and potential impacts on sustainability. Business has a key role to play in addressing the challenges of climate change. It is the world’s most powerful economic force, and it is responsible for the majority of spending, wealth creation and investment.

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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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Green and inclusive? Paris builds a zero-carbon future with a social conscience

Green and inclusive? Paris builds a zero-carbon future with a social conscience | Sustainable Procurement News | Scoop.it

Arrayed between elegant stone buildings and run-down railway tracks in the northwest of Paris lie bustling playgrounds, plant-filled ponds and stretches of lush grass. The Clichy-Batignolles area, a former industrial wasteland, has morphed into the French capital's first "eco-neighbourhood", billed as a model of sustainable development for the rest of the city. Clarisse Genton, project coordinator for the Clichy-Batignolles district, said it aims to be "environmentally responsible" – with solar panels on homes and clean geothermal energy for heating, for example. But the eco-effort also has a social aim: to address the city's affordable housing crisis and ensure green benefits reach the poor as well as the rich.

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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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