Day: 1 February 2020

PepsiCo to Achieve 100% Renewable Electricity in the U.S.

Stuart Mitchell

Pepsi’s products will soon be made using electricity from renewable sources, such as wind and solar. PepsiCo, Inc. has announced plans to achieve 100% renewable electricity for its U.S. direct operations this year. The U.S. is the food and beverage company’s largest market and accounts for nearly half of its total global electricity consumption. PepsiCo’s efforts in the U.S. build upon its global progress in switching to renewable electricity around the world. For example, nine countries in PepsiCo’s European direct operations already meet 100% of their electricity demand from renewable…

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The CE100 Network begins 2020 with three new members

Stuart Mitchell

Bringing together business, innovators, cities and governments, universities, and thought leaders, the CE100 Network is pleased to welcome Iberostar, SAP, and SCG. Every time a new member joins the CE100 Network, a new opportunity arises for cross-sector collaboration to find circular solutions which address common challenges. Iberostar, SAP, and SCG will join other members in this pre-competitive Network to learn, share knowledge, and put ideas into practice through collaborative projects. Iberostar Group is a Spanish multinational hospitality company committed to eliminating single-use plastic from its operations by 2020, becoming waste-free…

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Circulytics – the new digital tool which accurately measures circularity

Stuart Mitchell

The Ellen MacArthur Foundation has launched Circulytics, the digital measuring tool which gives companies a fully comprehensive picture of their circularity across all operations. Going way beyond simply measuring products and material flows, Circulytics has arrived at a crucial time. Companies around the globe are adopting the circular economy as an opportunity to create thriving businesses that meet the challenges of global issues such as climate change and pollution. Using company-level data, with applied insights and analysis from our Data and Metrics team, Circulytics highlights and inspires opportunities for innovation,…

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IFC Supports Vietnam Prosperity Bank to Boost Climate Financing, Reduce Greenhouse Gas Emissions

Stuart Mitchell

IFC, a member of the World Bank Group, is providing a financing package of $212.5 million to Vietnam Prosperity Joint Stock Commercial Bank. The funding will help VPBank expand its lending to small and medium enterprises (SMEs) and boost financing especially for climate-friendly projects. Concerning greenhouse-gas emissions, Vietnam’s is one of the most carbon intensive countries in the world, ranking only after China and Mongolia in the East Asia and Pacific region. While reducing greenhouse-gas emissions has been a national target to mitigate climate change impact, it presents a $753…

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Londoners reduce food they throw away by 9% with the help of pioneering food project

Stuart Mitchell

TRiFOCAL, the project encouraging sustainable food behaviours in London, has announced its results as the three-year initiative comes to an end. The project helped citizens in six London boroughs reduce the amount of good food thrown away by 9% between spring 2017 and spring 2019. Delivered by WRAP, the London Waste and Recycling Board (LWARB), and Groundwork London, TRiFOCAL addressed three message areas relating to food: healthy and sustainable eating, food waste recycling, and food waste prevention. The project has succeeded in its main objective to encourage sustainable food systems…

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