Month: July 2020

Charities are facing a £12.4bn shortfall in income for the year due to impact of coronavirus

Stuart Mitchell

The Chartered Institute of Fundraising (IoF) and Charity Finance Group (CFG) say that charities are facing a huge predicted loss to their income as they continue to grapple with the impact of the coronavirus pandemic and continued social distancing measures. The analysis comes following the publication today of the results of a recent survey of charities reporting financial loss and reforecasting of income for the year ahead. On average, respondents to that survey reported that they were expecting a reduction of 24% to their total income for the year, which…

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FareShare and XPO Logistics join forces to help feed country’s most vulnerable during pandemic

Stuart Mitchell

FareShare, the UK’s biggest food charity, has teamed up with XPO Logistics, a leading global provider of transportation and logistics solutions, to run two new national distribution centres which have so far delivered enough food to provide almost 10 million meals for vulnerable people through the pandemic. “With millions more people now struggling to access food as the result of the crisis, it has never been more vital to pull together to ensure the most vulnerable in our society don’t fall through the gaps. Thanks to partners like XPO Logistics…

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Procter & Gamble and Cargill collaborate to bring nature-powered innovation, fueling the future for more sustainable products

Stuart Mitchell

An innovation developed in the corporate R&D labs at P&G that converts lactic acid into bio-based acrylic acid could be a helpful step to shift everyday goods to be made from annually renewable crops. P&G has granted Cargill an exclusive license that allows Cargill to further develop and commercialize this technology, so that it can ultimately be incorporated in a range of applications from superabsorbent polymers in absorbent hygiene products to thickeners in household paints and beyond. The use of bio-based acrylic acid is estimated to reduce greenhouse gas (GHG)…

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Intel Launches First Global Challenges, Marks a New Era of Shared Corporate Responsibility

Stuart Mitchell

Intel has released its annual Corporate Responsibility Report. The report builds on Intel’s decades of transparency in corporate responsibility and details progress Intel has made in the past decade to reduce greenhouse gas emissions, restore billions of gallons of water to local communities and achieve gender pay equity across its global workforce, among other milestones. The report also establishes a new 2030 strategy and goals for continued progress for the next decade – from achieving net positive water use, 100% green power and zero waste to landfills across Intel’s global manufacturing operations…

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WRAP receives major funding boost to accelerate action on global food loss and waste

Stuart Mitchell

WRAP’s new and ambitious ‘FLAWLESS’ food waste reduction partnership project has been awarded US $826,000/c.£677,000 in scale-up funding by the Partnering for Green Growth and the Global Goals 2030 (P4G) initiative. FLAWLESS (Halving Food Loss and Waste by Leveraging Economic Systems) is a global coalition of partners that will accelerate action on food loss and waste. This will be achieved firstly by mobilising the financial sector to factor in both financial and environmental performance in their lending. This could include, for example, investments that enable the food sector to acquire…

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