Sustainable Procurement News
60.6K views | +30 today
Follow
Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
Curated by EcoVadis
Your new post is loading...
Your new post is loading...
Scooped by EcoVadis
Scoop.it!

FoodTech startup creates portable scanner that detects chemical contamination

FoodTech startup creates portable scanner that detects chemical contamination | Sustainable Procurement News | Scoop.it

FoodTech startup Inspecto has developed a portable scanner that detects chemical contamination in food in real-time, expected to be commercially available in 2020. The device, called Inspecto, can detect contaminants at concentration levels as required by regulators, guaranteeing traceability and complete transparency. The scan can be conducted outdoors or indoors, anytime to ensure responsible sourcing. 

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Haelixa ensures traceability of organic cotton 

Haelixa ensures traceability of organic cotton  | Sustainable Procurement News | Scoop.it
With the goal of ensuring organic cotton supply chain transparency and integrity, Haelixa has developed a solution to trace cotton fibers along the entire supply chain. The technology has been validated in real-life operational environment and scale. Among the various initiatives that Haelixa is joining to foster transparency in the industry, the company took part in a pioneering new project, called the Organic Cotton Traceability Pilot. The pilot which started in Q4 2018, is testing the combination of cutting-edge technologies including physical in-product markers and blockchain to trace organic cotton through its value chain.
EcoVadis's insight:

Consumers are demanding deeper insights and greater involvement: Today’s consumers are well informed, which requires companies to maintain transparency.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Transparency demands sees sustainable cotton gain ground

Transparency demands sees sustainable cotton gain ground | Sustainable Procurement News | Scoop.it

The 2025 Sustainable Cotton Challenge encourages brands and retailers to commit to source 100% of their cotton from the most sustainable sources by the year 2025.The Challenge was formed in 2017 when His Royal Highness The Prince of Wales convened a group of CEOs through the work of his International Sustainability Unit that existed to address critical challenges facing the world. Those original 13 CEOs committed to work together to accelerate the use of sustainable cotton, which paved the way for other industry leaders to follow – resulting in 39 companies now committed to sourcing 100% sustainable cotton by 2025.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Accenture builds sustainable trade 'Circular Supply Chain' blockchain to trace and track goods

Accenture builds sustainable trade 'Circular Supply Chain' blockchain to trace and track goods | Sustainable Procurement News | Scoop.it

Global professional services company Accenture Plc announced Monday the launch of what the company calls the Circular Supply Chain: a blockchain distributed ledger that connects sustainable trade practices with producers, suppliers, processors, wholesalers and consumers. The system combines digital identity, payments and blockchain tracking to directly reward small-scale growers and suppliers for engaging in sustainable and “green” practices while providing transparency across the entire supply chain.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

WWF launches blockchain platform to promote transparency in supply chains

WWF launches blockchain platform to promote transparency in supply chains | Sustainable Procurement News | Scoop.it

A blockchain platform has been launched by WWF-Australia to trace products throughout supply chains. WWF-Australia has partnered with BCG Digital Ventures (BCGDV) to create OpenSC, which tracks food and products and enables businesses and consumers to avoid produce linked to environmental damage and unethical practices such as slavery.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

CDP: Corporate demand for supplier transparency increased eight-fold since 2008

More than 110 of the world's largest companies are now requesting sustainability data from their suppliers, up from just 14 in 2008, new research from the CDP has found. Released today, the non-profit’s ‘cascading commitments’ report reveals that more than 5,500 large suppliers disclosed information regarding their carbon, water and waste footprints to key corporate clients in 2018.

EcoVadis's insight:

The growth of Corporate Social Responsibility (CSR) is not just a trend for intrinsically motivated companies, or those for which it is assumed that their large size drives its necessity. The business implications for embedding sustainability into core business practices have become ever more clear for companies across industries, countries, and even sizes.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Stricter global standards needed for impact funds to work - OECD

Stricter global standards needed for impact funds to work - OECD | Sustainable Procurement News | Scoop.it

Impact investment funds should be measured more strictly to ensure they are transparent about how much good their money is doing, the OECD said on Thursday, a day after a hoax letter on environmental investments hit global headlines. The funds, which promise social and environmental benefits as well as financial returns, could do more good if proper international standards were in place, said the Organisation for Economic Cooperation and Development in a report.

EcoVadis's insight:

Companies should contribute to economic, social and environmental development with the aim of achieving sustainable development. The OECD Guidelines for Multinational Enterprises recommend that enterprises conduct due diligence in order to identify, prevent or mitigate and account for how actual and potential adverse impacts are addressed. 

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Procurement predictions for 2019

As 2019 begins, SM rounds up some of the key trends for the year.

 

  1. The rise of partnerships - From strategic alliances to joint ventures and mergers and acquisitions, the rate of companies partnering up is at an all-time high.
  2. Adaptability will be key to managing risk -  Procurement is operating in an uncertain environment, with negative impacts from Brexit, trade relations, and economic instability.
  3. The march of technology will continue - Innovative technologies including artificial intelligence (AI) and the internet of things are all investments that procurement leaders will recognise as vital to revolutionise supply chains. 
  4. There will be a need for strategy planning and assessment - Strategy planning and more regular assessments will be necessary to ensure the continued smooth running of supply chains.
  5. Supply chain transparency will become a must-have - Companies are becoming increasingly transparent, with many pledging to ensure transparent and sustainable supply chains.

 

EcoVadis's insight:

No matter what industry you operate in, procurement can create immense value — in some sectors, for instance construction, as much as 80 percent of revenue goes into the supply chain. And given that sustainable procurement benefits go way beyond cost savings, organizations worldwide are embracing the principles of transparency, fairness and collaboration when developing their procurement strategies.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Zurich UK banks on new accreditation to green supply chain

Zurich UK banks on new accreditation to green supply chain | Sustainable Procurement News | Scoop.it

The British unit of Swiss insurance giant Zurich has launched a new accreditation scheme to encourage its suppliers to adopt sustainable business practices. The Supplier Accreditation Scheme is designed to help Zurich UK increase transparency in its own supply chain by measuring and tracking its suppliers’ environmental and community activities and scoring them accordingly. Companies could be awarded gold, solver or bronze accreditation depending on their approach to sustainability.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

British brand Clipper promises slave-free tea

British brand Clipper promises slave-free tea | Sustainable Procurement News | Scoop.it

British tea brand Clipper released a list of its Indian suppliers on Thursday, joining a growing campaign to improve worker conditions in the state of Assam and rid the industry of widespread abuse. "We believe that providing transparency on where we source our tea from will help build a more sustainable supply chain by empowering all stakeholders in the tea industry," said Rebecca Vercoe, Clipper Teas brand controller.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

UK's Tetley reveals tea suppliers in push for slave-free sourcing

UK's Tetley reveals tea suppliers in push for slave-free sourcing | Sustainable Procurement News | Scoop.it

Tetley, the world's second biggest tea company, has released a list of its suppliers, including those in India, to boost transparency in its supply chain, the British firm's owner Tata Global Beverages said on Friday. Tetley sources most of its tea from India, with 141 suppliers of a total 227 named in the list published last week.

Major brands are facing mounting regulatory and consumer pressure to ensure their products are free of slavery and other abusive practices.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Marks & Spencer tops list of major British firms tackling modern slavery

Marks & Spencer tops list of major British firms tackling modern slavery | Sustainable Procurement News | Scoop.it

Major retailer Marks & Spencer (MKS.L) topped a list on Tuesday ranking Britain's biggest businesses on their efforts to tackle modern slavery, yet labour experts urged the country's top 100 companies to be more transparent and lead by example globally. 

EcoVadis's insight:

Great job by Marks & Spencer. In our global economy, supply chain management has proven to be a complex challenge. If your company provides goods or services to a large multi-national, you no doubt have been measured on the traditional criterias of quality, cost effectiveness, speed, and reliability. 

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Supermarkets recognise slavery risk in seafood supply chains

Supermarkets recognise slavery risk in seafood supply chains | Sustainable Procurement News | Scoop.it

The SCC, whose members include Tesco, Sainsbury’s, Morrisons, Waitrose, Marks and Spencer and Lidl, now states members must comply with the Modern Slavery Act and have policies that “consider social and ethical challenges in seafood sourcing in their supply chains”. The seafood sector has come under fire for cases of forced labour and modern slavery, mostly in Southeast Asia. SCC coordinator Oliver Tanqueray said: “The risk of modern slavery is taken very seriously by the seafood industry and it’s positive that these leading UK seafood businesses formally agree to recognise the challenge

EcoVadis's insight:

Current legislation regarding forced labor in supply chains, including the California Transparency in Supply Chains Act and the UK Modern Slavery Act, require companies to disclose their efforts to identify and prevent supply chain forced labor.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Governments and industry partner on cocoa supply chain sustainability

Governments and industry partner on cocoa supply chain sustainability | Sustainable Procurement News | Scoop.it

The governments of Côte d’Ivoire and Ghana have released action plans to support industry efforts to end cocoa-related deforestation. The plans include three strategic pillars covering forest protection and restoration, sustainable cocoa production and community engagement and have been developed to strengthen transparency and accountability in the cocoa supply chain.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Kew Gardens uses DNA to tackle illegal logging

Kew Gardens uses DNA to tackle illegal logging | Sustainable Procurement News | Scoop.it

A landmark partnership between Kew and the Forest Stewardship Council is using DNA technology to help prevent illegal logging, estimated by Interpol to cost between up to £76 billion annually.
Globally renowned centre for botanical and mycological knowledge, Kew Gardens, and global forest management not-for-profit, the Forest Stewardship Council (FSC), have teamed up to use identification technologies that allow scientists to determine the species and origin of timber using only a small piece of the wood.  The ultimate aim is to facilitate on-the-spot tests for timber across the globe and increase transparency across the supply chain.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Sustana Meets Needs of Supply Chain Partners with New Sustainability Strategy

Sustana Meets Needs of Supply Chain Partners with New Sustainability Strategy | Sustainable Procurement News | Scoop.it

Sustana Group, a recycled fibers and paper products provider, is a supply chain partner for many companies that are becoming increasingly environmentally conscious, says chairman and CEO Fabian de Armas. With that in mind, the company has built a new sustainability strategy that will guide the company in its future business operations. The strategy focuses on environmental stewardship, workplace and communities, and a circular value chain. Sustana says it hopes to create a “sustainable, closed-loop fiber future,” and believes it can achieve this future through collaboration, transparency, and strategic decision-making and measurement.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Cargill works toward deforestation-free supply chains by 2030

Cargill works toward deforestation-free supply chains by 2030 | Sustainable Procurement News | Scoop.it

Cargill wants to achieve deforestation-free supply chains by 2030 by implementing a set of land-use guidelines for suppliers, gaining greater visibility into the origin of goods, and determining what percentage of its current supply chain complies with these goals, according to the company's updated Forest Policy and a company press release.

EcoVadis's insight:

The expansion of the world population and the induced growing demand for natural resources makes it a challenge to halt deforestation. However, in recent years, many major producers and buyers of agricultural commodities have made ambitious commitments to eliminate deforestation from their supply chains.  With the increased availability of technology, companies are able to monitor and manage deforestation. Yet additional efforts will be needed to ensure the sustainable management of forests worldwide.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Unilever discloses tea suppliers amid consumer pressure

Unilever discloses tea suppliers amid consumer pressure | Sustainable Procurement News | Scoop.it

Unilever published a list of tea plantations supplying to its brands including Lipton, PG Tips and Tazo, according to a press release from Freedom United, an advocacy group seeking to end human trafficking. "As a next step in our journey to become more transparent, we are happy to share this information with all of you who drink and love our tea," Unilever said.

EcoVadis's insight:

Human trafficking, essentially modern slavery, happens all around the world, even in developed countries such as the United States, and poses risks to companies across all industries. At the same time, however, businesses are in a unique position to help eradicate human rights violations, improve millions of lives globally and protect their operations by implementing sustainability collaborative platforms.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Tiffany joins top diamond miners in disclosing origins of gemstones

Tiffany joins top diamond miners in disclosing origins of gemstones | Sustainable Procurement News | Scoop.it
World famous jeweller Tiffany & Company has launched an initiative to provide greater transparency about the origins of its diamonds to customers, from miners to retailers.

Following in the footsteps of the world’s No. 1 diamond miner, De Beers, which is testing a blockchain technology-based platform aimed at clearing the supply chain of imposters and conflict diamonds, Tiffany has begun tracing each of its individually registered diamonds (0.18 carats and larger) by a unique serial number.
more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Tiffany & Co. ushers in new era of diamond supply chain transparency 

Tiffany & Co. ushers in new era of diamond supply chain transparency  | Sustainable Procurement News | Scoop.it

One of the worlds largest diamond and jewellery manufacturers and retailers has embarked on a major supply chain transparency transformation, as it looks measure every step of the diamond value chain.Tiffany & Co. announced in a statement this week that, through its Diamond Source Initiative, it will trace each and every one of its individually registered diamond and make the data available to its consumers to ensure its diamonds are among “the most responsibly sourced in the world”.

EcoVadis's insight:

Modern consumers give great importance to the quality and price of the products they purchase. As consumers demand more information about the origin and authenticity of the products that they consume, forward-looking brands seek to reach new levels of transparency. Transparency is more than just being able to see further into a supply chain.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

It's hard to believe these stylish jackets were once plastic bottles

It's hard to believe these stylish jackets were once plastic bottles | Sustainable Procurement News | Scoop.it

One brand that is innovating through recycling is San Francisco-based Everlane. Over the past few years, it has become known for offering quality basics at reasonable prices, while operating with transparency on their ethical supply chain. Recently they announced a line called ReNew - outerwear, such as puffer jackets, parkas and fleeces - made entirely of recycled plastic bottles. The range of classic garments comes in a selection of neutral tones, with offerings for men and women.

EcoVadis's insight:

Clothing production consumes resources and contributes to climate change. Therefore making stylish jackets out of plastic bottles will reduce both the level of plastics and the negative impact  on climate. Today’s consumers are more environmentally conscious than previous generations and they’re increasingly calling for companies to make sustainability and corporate social responsibility a major part of their business practice. 

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Nespresso in new sustainable aluminium pledge for coffee pods

Nespresso in new sustainable aluminium pledge for coffee pods | Sustainable Procurement News | Scoop.it

Nestlé’s Nespresso brand will commit exclusively to responsibly sourced and certified aluminium for its coffee capsules, after the company agreed a new partnership. It has signed a memorandum of understanding with metal processor Rio Tinto to work towards 100% sustainably sourced aluminium by 2020. Nestlé says that the use of aluminium certified to the Aluminium Stewardship Initiative (ASI) standard is “an important milestone towards reducing the impact that the world’s second most-used base metal has on the planet”.

EcoVadis's insight:

Great sustainable initiative by our client Nestle. There is a growing market for transparency and assurance in the supply chain of raw materials which is a positive step towards creating a more sustainable and environmentally friendly future.”

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Mondelez pressures palm oil supply chain to go 100% sustainable

Mondelez International Inc. MDLZ, +0.34% said Monday that it has "amplified its calls" for palm oil suppliers, and the industry as a whole, to go 100% sustainable and act with 100% transparency. The company says "there is more the industry needs to do in the palm oil supply chain to prevent deforestation."
more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Google uses VR to show supplier transparency

Google uses VR to show supplier transparency | Sustainable Procurement News | Scoop.it

Google has produced a series of virtual reality (VR) videos which purportedly show what life is like working for two of its suppliers in Africa and China. The 360 degree videos, which were published alongside its 2018 Responsible Supply Chain report, claim to put viewers in the shoes of workers at an electronics factory in China and a gold mine in the Democratic Republic of Congo.

more...
No comment yet.
Scooped by EcoVadis
Scoop.it!

Reimagining the ‘Outdated’ Pharmaceutical Supply Chain

Reimagining the ‘Outdated’ Pharmaceutical Supply Chain | Sustainable Procurement News | Scoop.it

The pharmaceutical supply chain that delivers needed medicines to patients around the world is complex and critical. It also appears to be outdated. The pharmaceutical supply chain is highly complex and opaque. Active pharmaceutical ingredients (APIs) originate in one country and then go through the various stages of manufacturing all the way to packaging and shipping through one or more other countries. Greater transparency is not only important for consumers, it also is becoming increasingly important for regulatory bodies, including the U.S. Food and Drug Administration (FDA), which is advancing new laws such as the Drug Supply Chain Security Act (DSCSA) outlining ways that pharmaceutical companies and their supply chain partners must operate to bring about greater security for consumers.

EcoVadis's insight:

With disruption in the pharma industry continuing to change the face of treatment, and competition at an all-time high, organizations need a new approach to drive supply chain innovation and differentiation.

more...
No comment yet.

Interested in Sustainable Procurement News?

Sign up for the Sustainable Procurement Bulletin (monthly).