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As the Italian fashion house releases its first Impact report, we speak exclusively to the brand’s CEO and president, Marco Bizzarri, about Gucci’s sustainability commitments.
French beauty house Guerlain has partnered with UNESCO (the United Nations Educational, Scientific and Cultural Organization) for a major sustainability initiative to preserve bees and biodiversity.
Your outfit is killing the planet.” That’s the message footwear and clothing company Allbirds is using to raise consumer awareness about the fashion industry’s link to the climate crisis. Figures are debated, but an estimated 10% of annual global carbon emissions originate from the fashion industry.
The building of the world’s largest bioreactors to produce cultivated meat has been announced, with the potential to supply tens of thousands of shops and restaurants. Experts said the move could be a “gamechanger” for the nascent industry.
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 ...
The president of the World Economic Forum (WEF) has cautioned companies that they “only have a very small window” in which to act effectively on climate change
Its new programme, Rewild Our Earth, aims to protect entire regions that produce key ingredients, raising the bar on what biodiversity conservation work can look like in the context of a corporate supply chain.
Ten years ago there seemed to be a huge shift away from corks and towards screw-caps. One reason for this is wine taint, or what many refer to as 'corked' wine, where a bacteria - Trichloroanisol - gives wine a damp cardboard aroma and destroys the wine's pleasurable characteristics.
The fashion industry is one of the most polluting industries in the world, producing 20% of global wastewater and 10% of global carbon emissions—and it's estimated that by 2050 this will have increased to 25%. A staggering 300,000 tonnes of clothes are sent to British landfills each year.
Nature is essential to both global economic prosperity and individual business success. We cannot have a sustainable future for people and economies if we do not address nature, climate and people in an integrated way.
In responsible investing, numerous environmental, social and governance (ESG) metrics can play into risk and performance. To date, the “E” in ESG has been dominated by climate change. Biodiversity, another aspect of the environment, has been called the missing piece of the ESG puzzle.
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 ...
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 ...
In "The Lorax," an entrepreneur regrets wiping out all the make-believe truffala trees by chopping them down to maximize his short-term gains.
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 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.
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.
In 2005, Gillian Tett wrote her colleagues at the Financial Times a memo arguing that the paper should devote more time to covering those submerged parts of the ‘Financial Iceberg’, such as credit and derivatives.
We can't reach the Paris Agreement climate goals without business on board. Some companies are taking the lead, but big polluters still fall way behind.
We’re nearly halfway through 2022 but are already seeing a world on fire, both literally and figuratively. Climate change is causing heatwaves, challenging food production, disrupting supply chains and threatening livelihoods. The demands on business are compounded by the escalating conflict in ...
Pressure is growing on the sector to reduce its greenhouse gas emissions - and campaigners will want to see evidence that companies are doing what they claim
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 World Economic Forum (WEF) has released the first in a series of three New Nature Economy (NNE) reports to be published this year. The series will make the case for why the nature crisis is crucial to business and the economy; identify a set of priority socioeconomic systems for transformati ...
In a press conference held during last week’s Paris show, Vinexposium revealed plans for a sharp focus on sustainability and technology during the upcoming Bordeaux Wine Week.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the close of the U.S. telecommunications industry’s first Green Bond.An amount equal to the net proceeds of the $1 billion offering will be used to fund a variety of new and existing green investments made during the two years prior ...
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 ...
Anglo-Dutch commercial giant Unilever said Monday it will cut its use of new plastic by half by 2025 as pressure grows on multinational companies to do more for the environment.
The first guide for the insurance industry to protect our world’s priceless and irreplaceable assets was launched today at a major event by UN Environment’s Finance Initiative (UNEP FI) in São Paulo, Brazil, convening leading insurers, investors and banks.
As African countries gear up to implement an historic free trade agreement, the UN Secretary-General is urging leaders to pursue economic growth that benefits both people and the planet.
A subsidiary event of the 15th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP15) kicked off Sunday in Kunming, the capital of southwest China's Yunnan Province. Co-hosted by the Secretariat Office of the Convention on Biological Diversity and the Ministry ...
New York, 16 July 2019 – A global partnership of some of the world’s largest organizations today launched two new knowledge platforms – the Green Industry Platform and the Green Finance Platform – at the High-level Political Forum for Sustainable Development in New York.
It is not possible to get more right than the Tourism Business Council’s Tshifhiwa Tshivhengwa in Business Day a week ago.Tourism has become SA’s lifeblood. In one sense, it’s more important than gold ever was. Not as a bigger proportion of the economy but as crucial evidence in these moribund t ...
In the never-ending quest to stave off the worst impacts of climate change, experts are turning to a solution that’s as old as the trees: actual trees.
LONDON (Reuters) - Britain’s top listed companies must disclose how climate change affects their business, using globally agreed guidance, or explain to investors why they have not, the Financial Conduct Authority (FCA) proposed on Friday.
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.
The world’s biggest publicly traded oil and natural gas companies would have to cut production by roughly 1/3 on average by 2040 to meet the goals of the Paris climate deal, according to a new report.
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 ...
Faced with the reality of climate change, the Group now has a dual responsibility to not only protect its terroirs but also to promote them as a “solution”. It must ensure its living soils play their full part in combating global warming by cultivating their biodiversity and maximising their pot ...
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 ...
Paul Polman argues that companies must rapidly transition to a way of doing business that does not destroy biodiversity and natural capital or there will be more Covid-19s Covid-19 has brought into sharp focus the limits of unchecked globalisation as governments around the world seek to contain ...
The urgency of environmental challenges like climate change and biodiversity loss is mounting. Scientists are sounding the alarm of a sixth mass extinction, with 30 to 50 percent of all species on Earth expected to be lost by the middle of this century. And the Intergovernmental Panel on Climate ...
Rothy’s, the brand known for trendy shoes made from recycled water bottles, has just unveiled a collection of handbags and accessories. Like the shoes, the bags are made from recycled plastic. Only this plastic was fished out of the ocean.
We know, now more than ever, that our fate as a species is deeply connected with the fate of our natural environment. Nature loss has tangible business and economic impacts. Over half the world’s total GDP is moderately or highly dependent on nature and its services and is therefore at risk. We ...
The new collection that British fashion designer Stella McCartney showed at Paris Fashion Week in March is blazing a trail for high end brands in the world of responsible fashion merchandising. The show, which took place at the Opera Garnier on the 4th of March, featured a range of upcycled garm ...
Many people are lured to Indonesia and Malaysia because of the palm oil industry. But orangutans like Hope are the real victims, says Hannah Beech
To attempt to buy “sustainable” clothing in 2022 is to face a carnival’s worth of smoke and mirrors — that is, if you’re buying new.
As last year's news headlines have made all too clear, nature is in a state of emergency. In May following the most comprehensive scientific investigation into the planet’s health, a report (PDF) by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) soun ...
Emmanuel Faber, the CEO of $55 billion food and beverage giant Danone, is leading a coalition for an industry at a crossroads.On Monday, 19 companies with combined annual revenues of more than $500 billion, including Danone, Kellogg Company, Mars, and Nestlé, launched the "One Planet Business fo ...
Today, we publish our 13th annual State of Green Business report, examining the key trends and metrics about corporate sustainability: how, and how well, companies are making progress in assessing and minimizing their impacts and embracing a range of strategies that move them forward in signific ...
With decennial arctic ice drops of 13.1 percent and rising temperatures, per NASA figures, more countries and businesses have deemed it imperative to stop or slow down climate change. While adopting ecologically mindful practices would require spending from the private sector,