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HP Recognized as World Leader for Corporate Action on Climate Change

HP Recognized as World Leader for Corporate Action on Climate Change | Sustainable Procurement News | Scoop.it
HP was one of only 29 global companies out of more than 3,300 assessed by CDP to earn a position on the inaugural supplier engagement leader board, which highlights the leading practices of companies working directly with their suppliers to reduce emissions and lower climate-related risks in the supply chain in the past reporting year.
EcoVadis's insight:

Congrats to HP for leading the way in reducing GHG emissions and actively engaging its suppliers to commit to clean energy

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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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Trump hesitates over global climate deal

Trump hesitates over global climate deal | Sustainable Procurement News | Scoop.it
The postponement of the Trump administration meeting on the Paris agreement has meant the global climate community continues to live in uncertainty about what the US will do.

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UN forum highlights importance of stronger partnerships for financing sustainable development

UN forum highlights importance of stronger partnerships for financing sustainable development | Sustainable Procurement News | Scoop.it
We are at a time when we must foment a global conversation bringing all stakeholders together to discuss how we can mobilise the right mix of resources to achieve the SDGs.
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There’s a Leadership Vacuum on Climate Change. Business Should Fill It

There’s a Leadership Vacuum on Climate Change. Business Should Fill It | Sustainable Procurement News | Scoop.it
There’s much more to keeping the economy clean. It’s increasingly strange to have to say this, but workers struggling to breathe are not productive, places without access to safe water, like Flint, Michigan — not to mention 3,000 other U.S. counties where lead rates are even higher — have trouble building a strong economy, and people in cities fighting rising seas or extreme drought do not make great customers. In short, the economy can’t thrive if people and the planet suffer.
EcoVadis's insight:
Interesting article from our new Scientific Committee member Andrew Winston that has some great examples of supply chain emissions reduction efforts by large multinationals
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Cut fossil fuel use ‘dramatically’ to meet climate goals, says Shell-backed report

Cut fossil fuel use ‘dramatically’ to meet climate goals, says Shell-backed report | Sustainable Procurement News | Scoop.it
Global coal use must be cut by 70 per cent within 25 years, oil use must fall 30 per cent and gas can increase by only 2 per cent out to 2040. The growing global population will instead get its energy from a huge expansion of renewables, combined with more efficient energy use and other low-carbon technologies.

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World first international sustainable procurement guidelines published

World first international sustainable procurement guidelines published | Sustainable Procurement News | Scoop.it
The guidelines offer routes for integrating sustainability into organisations’ procurement policy strategies and process, helping them to make purchasing decisions that, they claim, will address social, economic and environmental issues such as sustainable communities and responsible consumption and production.

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Australia must legislate to prevent modern slavery in our supply chains

Australia must legislate to prevent modern slavery in our supply chains | Sustainable Procurement News | Scoop.it
Modern slavery also permeates the global supply chains of Australian businesses supplying goods to the Australian market from overseas. Major retailers, including Rip Curl, Woolworths, Coles and Aldi, have all been implicated in recent scandals involving exploitation in their supply chains. No company wants the curse of slavery in their products, yet too often that is the reality.
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City of Sydney adopts net zero emissions plan

City of Sydney adopts net zero emissions plan | Sustainable Procurement News | Scoop.it
After months of public consultation, the City of Sydney has fast-tracked the adoption of an action plan that will help it achieve net zero emissions by 2050, tackle waste and water usage, and scale up renewable energy use.
EcoVadis's insight:

Great example to follow...

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Ford grows sustainable supply chain initiative 

Ford grows sustainable supply chain initiative  | Sustainable Procurement News | Scoop.it
As part of the programme, Ford provides 350 monitoring tools to help its suppliers achieve their own sustainability goals, and in return suppliers report and share their environmental progress and best practices.

EcoVadis's insight:

Great to see Ford engaging actively its suppliers.

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The climate finance architecture the world needs

The climate finance architecture the world needs | Sustainable Procurement News | Scoop.it
Over the past 25 years, dozens of national, regional and international climate funds have been created. Each new fund responded to needs and gaps that existed at the time, but this has led to a rather complicated system
EcoVadis's insight:

Which kinds of funds should a country use for its climate investments?

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GRI is Strengthening Ties with the Investment Community

GRI is Strengthening Ties with the Investment Community | Sustainable Procurement News | Scoop.it
“In order to integrate sustainability deeper into investment decisions, companies need clear and consistent standards to communicate their sustainability impacts and opportunities to investors. The collaboration with UNCTAD will allow us to reach key players in the investment chain together to raise awareness on how sustainability reporting can pave the way to a green economy,” said GRI’s Chief Executive Tim Mohin, speaking at the GRI Standards launch event in Zurich.

EcoVadis's insight:

Great to see that the partnership between UNCTAD and GRI will help promote responsible investment practices by leveraging both organizations’ core strengths and competencies.

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EBN - Ariella Brown - HP Supply Chain Leads the Call for Recycling Transparency

EBN - Ariella Brown - HP Supply Chain Leads the Call for Recycling Transparency | Sustainable Procurement News | Scoop.it
HP believes that setting this standard for a transparent electronics recycling supply chain will lead to others following suit. That would be better for the planet and provide reassurance to customers that their cast off electronics will not endanger their confidential data by slipping through cracks of the regulated  recycling process.  

EcoVadis's insight:

What other leading electronics companies are taking actions on this important topic?

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Climate action and sustainable development as one agenda: Simple truth, complex task

Climate action and sustainable development as one agenda: Simple truth, complex task | Sustainable Procurement News | Scoop.it
By the end of 2018, governments are looking to complete a clear, consistent and comprehensive set of operating rules and guidance under which countries account transparently for their emissions reductions, adaptation action, flows of climate finance and technology development and transfer.

EcoVadis's insight:

Great article from UNFCCC's Executive Secretary. 

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Nordic Stock Exchanges recommend GRI Standards

​In March 2017, Nasdaq’s Nordic and Baltic Exchanges issued a framework to support their listed companies to meet ESG disclosure requirements. The guidance has a strong reference to GRI’s sustainability reporting framework, and it reflects the recommendations of the UN Sustainable Stock Exchanges Initiative (SSE), in which GRI is also an active contributor.
EcoVadis's insight:

Great to see that many of the companies listed on the Nordic and Baltic exchanges are already reporting on sustainability.

Learn how to use EcoVadis Assessment Results to Support GRI Reporting

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Walmart’s plan to lift a gigaton of carbon from its supply chain

Walmart’s plan to lift a gigaton of carbon from its supply chain | Sustainable Procurement News | Scoop.it
Today, the retail giant announced Project Gigaton, a goal to remove 1 billion metric tons of greenhouse gases from its supply chain by 2030, equivalent to taking more than 211 million passenger vehicles off the road for a year, the company said.

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Infographic: What do Euro 6 emissions standards mean for you?

Infographic: What do Euro 6 emissions standards mean for you? | Sustainable Procurement News | Scoop.it
The European Union (EU) ranks third in the world for global CO2 emissions from road transport, according to a European Commission report that cited 2015 International Energy Agency (IEA) data. China tops this chart, followed by the United States.

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Europe : EC takes action to make garment sector more sustainable

Europe : EC takes action to make garment sector more sustainable | Sustainable Procurement News | Scoop.it
The European Commission (EC) has presented a set of focused actions to make garment sector's value chains more sustainable. Neven Mimica, Commissioner for International Cooperation and Development, presented the Staff Working Document on 'Sustainable garment value chains through EU development action' at an event organised by the European Parliament and EC.
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P&G Wants to Cut $1 Billion In Media Spend And Supply Chain Inefficiencies | AdExchanger

P&G Wants to Cut $1 Billion In Media Spend And Supply Chain Inefficiencies | AdExchanger | Sustainable Procurement News | Scoop.it
At least $1 billion will come from media, specifically by lowering rates and getting rid of supply chain waste, said Chief Financial Officer Jon Moeller.

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We had slavery in our supply chains, says Andrew Forrest

We had slavery in our supply chains, says Andrew Forrest | Sustainable Procurement News | Scoop.it
One of Australia’s best-known business figures says he uncovered slavery in at least 12 suppliers as he tried to stamp out forced labour from the business chain of his mining company.

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Air pollution: The business concern

Air pollution: The business concern | Sustainable Procurement News | Scoop.it

The mounting problem of air pollution may not immediately seem like a pressing issue for businesses outside of the automotive industry. However, the recognition of bad air as a source of significant health implications and research revealing a potential link to employee productivity and talent attraction should be of concern to all businesses.

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Cost of renewables fell in 2016, lowering global investment in clean energy – UN

Cost of renewables fell in 2016, lowering global investment in clean energy – UN | Sustainable Procurement News | Scoop.it
While the capacity from renewables was equivalent to 55 per cent of all new power, the highest to date, total investment was $241.6 billion, the lowest since 2013.

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O2 becomes first company to receive highest Carbon Trust Standard for supply chains

O2 has been recognised as the first organisation to be awarded the Carbon Trust Standard for Supply Chain at its highest level – Level 3. The standard is awarded for firms that showcase a targeted approach to year-on-year supply chain carbon emission reductions through identification and engagement measures with suppliers.

EcoVadis's insight:

Congrats to O2 for this great achievement!

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Ready to accelerate corporate reporting on the Global Goals

The UN Global Compact, the world’s largest corporate sustainability initiative, and GRI, the world’s leading organization for sustainability reporting, are partnering to create a clear and simple framework for the private sector to assess and report on their contribution to the UN Sustainable Development Goals (SDGs)
EcoVadis's insight:

Looking forward to hear more on this partnership

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Toyota, BMW, Daimler Join Forces to Drive Sustainability in the Auto Industry 

Toyota, BMW, Daimler Join Forces to Drive Sustainability in the Auto Industry  | Sustainable Procurement News | Scoop.it
The auto industry continues to look towards a sustainable future with the development of a new partnership between 10 of the world’s biggest automakers. Dubbed DRIVE Sustainability, the partnership is comprised of heavy hitters BMW Group, Daimler AG, Honda, Jaguar Land Rover, Opel/Vauxhall, Scania CV AB, Toyota Motor Europe, Volkswagen Group, Volvo Cars and Volvo Group.
EcoVadis's insight:

Great to see leaders in the automative industry move to the next level of sustainability and supply chain management.

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Italy Implements Directive Requiring Non-Financial Disclosures for Large European Undertakings 

Directive 2014/95/EU of October 22, 2014 amending Directive 2013/34 EU as regards disclosure of non-financial and diversity information by large undertakings and groups (the Non-Financial Reporting EU Directive) has been implemented in Italy by Legislative Decree No. 254 of December 30, 2016, in force since January 25, 2017 (the Decree).

EcoVadis's insight:

Great to see such initiatives taken in Italy to encourage large companies and groups to disclose non-financial information on sustainability.

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Singapore toughens regulations to meet environment goals

Singapore toughens regulations to meet environment goals | Sustainable Procurement News | Scoop.it
Tougher vehicle pollution standards and mandatory air suction waste systems are two of the initiatives that the Singapore government will be implementing to curb emissions and revive the nation’s stagnant domestic recycling rates, but experts say more must be done to encourage Singaporeans to adopt more environmentally responsible lifestyles.
EcoVadis's insight:

Great to see that the Government of Singapore is taking actions!

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