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"The species of the world are connected with each other. I think that’s actually one of the lessons, the real reminders, if you will, of the year 2020, as we all live every day with the issues obviously created by COVID-19," observed Microsoft President Brad Smith, during a video launch Wednesda ...
Amid the coronavirus pandemic, climate change still demands global attention, which is why a green movement is sweeping the wine and spirits world.
While the ongoing health, political, economic and social impacts of the coronavirus pandemic continue to preoccupy people across the world, as recovery plans are discussed and taking shape, decision makers are encouraged to use this as an opportunity to set our societies on a more sustainable de ...
Airlines in Europe have applied for €12.8bn (£11.3bn) government support since the start of the coronavirus pandemic with no binding environmental conditions attached, according to an analysis of the sector’s bailout pleas.
Reference: SCBD/SSSF/AS/BB/ML/GD/88853 (2020-036)
To: CBD National Focal Points, Cartagena Protocol Focal Points, Nagoya Protocol Focal Points, UN organizations and specialized agencies, IGOs, NGOs, indigenous people and local communities, and other stakeholders
In the wake of the COVID-19 crisis, any economic stimulus measures must safeguard nature or governments risk exposing humanity to further pandemics.
The resounding message from Fashion Revolution’s annual Transparency Index: many apparel brands are becoming more transparent, considered by many to be a proxy for how aggressive their sustainability efforts are.
When businesses review their balance books, the contributions of nature to profits and losses are usually egregiously absent. No company operates in a vacuum. Whether it’s wind, waves or coal providing power; soil microbes boosting crop fertility; or ocean systems helping maintain a stable clim ...
As part of the POPAS 2020 project, Nestlé Romania launches the first biodiversity study for Cozia National Park, focusing on green areas a year ago, when more than 500 Nestlé volunteers, the Park administration and members of the local community collected more than 40 tons of waste, sent for rec ...
Recently, one of the world’s largest insurance companies released a report warning that a fifth of countries worldwide are at risk of ecosystem collapse as biodiversity declines.
It is easy to descry companies engaging in activities that drive biodiversity loss, but there is another player that is equally, if not more responsible. Both direct and indirect involvement with corporations’ activities in global food production, mining, fossil fuels and other harmful environme ...
When McDonald’s announced its plan to launch a plant-based burger earlier this month, Twitter users were quick to mock the product’s unimaginative name: the … McPlant.
Los Angeles and Google have struck a partnership to track canopy density in the huge metropolis to determine which neighborhoods need more trees as a means of fighting extreme temperatures.
The statistics are truly alarming. More than eight million tons of plastic enter the oceans each year, the equivalent of dumping a garbage truck full of the stuff into the seas every minute. By 2050, there will be more plastic in the oceans than fish.
How does a business grow and expand, but function in a way that doesn’t overexploit the Earth? A new enterprise is offering an answer to this question. Last week, the Science Based Target Network (SBTN), an offshoot of a global partnership called the Global Commons Alliance (GCA), launched a pro ...
Those of you whose memories still stretch all the way back to the beforetime — January and February — may recall that 2020 was to be a "super year" for biodiversity. Plans called for several global events focusing on the role of nature in mitigating the climate crisis, protecting us against the ...
Diageo, manufacturers of Johnnie Walker, Smirnoff and Guinness, has announced a range of 25 bold and ambitious goals in its ‘Society 2030: Spirit of Progress’ plan, aimed at making a positive impact on the world by 2030, in the ‘Decade of Action’ to achieve the United Nations Sustainable Develop ...
Businesses worldwide have a critical role to play in addressing the inherent, existential risks of biodiversity loss. Yet, less than one-quarter (23 percent) of companies worldwide at risk from the loss of biodiversity are currently disclosing that risk in their corporate reporting, according to ...
This week, in advance of World Soil Day — Dec. 5 — the Textile Exchange Corporate Fiber and Materials Benchmark (CFMB) Program is launching a new tool to help the fashion and textile industry take urgent action on biodiversity.
The multinational food and beverage giant has today (3 December) published a net-zero roadmap detailing the scope of the new targets and its plans for meeting them. The targets have been approved in line with 1.5C by the Science-Based Targets Initiative (SBTi).
Last year, Mary Kay Inc., an international leader in corporate and social responsibility, announced the company had partnered with The Nature Conservancy to protect Texas fisheries and the Gulf of Mexico. Mary Kay is proud to announce they’ve expanded that partnership with The Nature Conservancy ...
AXA Group’s chief risk and investment officer, Alban de Mailly Nesle is required to ponder myriad dangers to the Paris-based insurer and its 830 billion-euro ($995 billion) asset management arm. He says one of the greatest and most under-appreciated threats to human health, economic vitality and ...
High-quality alternatives to animal hides from sustainable production technologies and materials are making headway.San Francisco-based startup MycoWorks announced a $45 million Series B financing in November to scale up its production of its biomaterial called Reishi, a sustainable leather alte ...
You’ve heard it called the "nature crisis," an "ecological collapse" or the "sixth mass extinction." Regardless of the label, there is no doubt that the accelerating decline of biological diversity will have dangerous repercussions for ecological resilience and human health and security.
The European Business & Nature Summit has taken place virtually. Organised by the EU Business@Biodiversity Platform of the European Commission and other partners, and with the participation of Commissioners Sinkevičius and McGuiness, the Summit aims to strengthen the growing movement of companie ...
Just last month, Jeff Bezos, the CEO and founder of Amazon, announced that he would be donating $791m to 16 environmental organisations to help combat the effects of climate change. The impressive donation is coming from a $10bn fund set up in February to address this critical issue. Amazon also ...
A tumultuous year in retail saw both gains and losses for sustainability, but analysts say progress is lacking in key areas like climate change.
Five years ago, many investors and executives would have politely told Jill Atkins to buzz off. Now they listen keenly when the British academic presents her work, known as “extinction accounting”, which shows how companies are contributing to the demise of honeybees, as well as other species – ...
Julie Gorte is senior vice president for sustainable investing at Impax Asset Management LLC and Pax World Funds. She oversees environmental, social and governance-related research on prospective and current investments as well as the firm’s shareholder engagement and public policy advocacy.
The beauty industry has made collective and individual efforts to become more sustainable in 2020, and one area that has received significant attention sits is biodiversity. Simply put, biodiversity is the variety of flora and fauna in a particular ecosystem. But in practice, biodiversity is the ...
Fortum, a European energy firm with activities in over 40 countries, has introduced new biodiversity targets for the entire group, including Uniper. Fortum is committed to several climate and environmental targets, including at least 12 major voluntary measures that enhance biodiversity, to be i ...
What are the 10 most important stories about the intersection of business and society in 2020? Covid-related issues top the list and include both ways companies innovated and the roadblocks that resulted in less progress on sustainable development. Other top stories are fossil fuels continuing o ...
The Prince of Wales today called on business leaders across the world to invest in green issues and sustainability as he launched a £7.3billion recovery plan to right a string of 'broken promises' over the environment.
Banks have faced increasing criticism in recent years over their ongoing financial support for environmentally destructive industries, but by tweaking their practices they could become part a critical part of the solution to escalating deforestation and habitat destruction worldwide.
Luxury fashion brand Gucci has unveiled a new ‘nature-positive’ strategy which it says will target improvements to carbon emissions, climate and biodiversity.
If 2020 taught us anything, it was that plans can be derailed in an instant, priorities change overnight and what we consider to be pressing challenges one day can become low-priority issues the next. In 2020 all sectors — business, government and NGO — saw their best laid plans unravel or becom ...
Coca-Cola Co. is introducing 100% recycled plastic bottles in the U.S.—a major shift in its sustainability strategy.The company responsible for more plastic pollution than any other, according to the Break Free From Plastic Campaign, once advocated for plant-based bottles that don’t use fossil-f ...
I know, it’s not the most popular of subjects. But on the heels of last week’s GreenBiz 21 conference, the annual gathering of corporate sustainability professionals, I can’t help but address the elephant in the room. (Or as the World Resources Institute appropriately dubbed it, the latest eleph ...
The Rocher Group has been committed to protecting the natural environment and working sustainably for over 50 years. What was the starting point?
Last summer, the investment arm of northern Europe’s largest financial services group dropped Brazilian meat giant JBS from its portfolio. Nordea Asset Management, which manages roughly $280 billion, gave several reasons for the decision, including JBS’s links to farms involved in Amazon defores ...
L’Occitane En Provence has announced it has reached and exceeded one of its primary biodiversity goals four years earlier than originally planned.
Global condemnation is growing at the increasingly widespread use of harmful “fish aggregating devices” (FADs) in the fishing industry, as retailers including Sainsbury’s, Marks & Spencer and the German chain Edeka joined calls for restrictions.
The Fashion Pact has announced the launch of a series of initiatives geared at curbing the sector's impact on biodiversity loss after securing a $2m grant from the Global Environmental Facility.
You can’t have a conversation about fashion these days without touching on the topic of sustainability. The industry’s environmental impacts — from greenhouse gas emissions to microplastics, biodiversity loss and water ecotoxicity — are well-known by consumers and companies alike. But awareness ...
In recent months, the importance of biodiversity in combatting the climate crisis has reached a new level understanding, with policymakers and academics peering into this complex topic to try and outline how the private sector can champion it. Here, edie hears from the businesses that have alrea ...
Swedish fashion giant H&M is extending its partnership with the World Wide Fund for Nature (WWF) for another five years. H&M linked up with WWF to address the environmental impacts of its whole value chain, as well as to champion wider action across the global fashion business, a decade ago.
On March 30, four global companies announced they wouldn't use materials sourced from deep-sea mining in their products and supply chains or fund research into the practice.
US outdoor wear company Timberland has set a target to have a net-positive impact on nature, with regenerative agriculture and circular design playing key roles in this strategy. The company aims to have 100% of its materials sourced from regenerative agriculture and 100% of its products designe ...
Even before the COVID-19 pandemic went global just over a year ago, there had been a notable shift in messaging from some of the world’s largest companies around their responsibility beyond profit maximization. A growing number of firms were making commitments to reduce emissions, diversify thei ...
Through its Perpetual Planet initiative, Rolex is lending its support to the effort to preserve ocean ecosystems for posterity.