Day: 18 October 2020

Evian Launches New Range Made From Recycled Bottles

Stuart Mitchell

evian natural spring water has announced an additional milestone in its mission to become a circular brand, with the introduction of new recycled bottles in its portfolio, made from 100% recycled plastic. The innovation is now available in France, Switzerland, Belgium, Germany and the UK. The uniquely sourced spring water is naturally protected during its 15-year filtration through the French Alps. The way it is delivered from the natural spring to people is constantly evolving as evian looks to accelerate its circularity goal. All evian bottles are recyclable and today’s…

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Boots launches new sustainability scheme where customers can recycle their empties and get rewarded for it

Stuart Mitchell

Boots champions reducing plastic waste in all areas of the business and is taking further steps to becoming more sustainable by launching a new recycling scheme. The scheme encourages customers to bring back empty hard-to-recycle products (even from brands not stocked at Boots) and get rewarded for it. In partnership with No7, the new scheme will be available in 50 Boots UK stores across the country from 24 September and is the first on the market to use Scan2Recycle technology. Customers can simply access the technology via a dedicated Boots…

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CHANEL pioneers new Sustainability-Linked Bonds supported by BNP Paribas

Stuart Mitchell

BNP Paribas has announced it has supported leading luxury goods company CHANEL to issue its first Sustainability-Linked Bonds. The pioneering €600mn inaugural transaction – a first in the luxury sector linked to the ICMA Sustainability-Linked Bonds Principles – will support CHANEL’s ambitious Mission 1.5° climate strategy by linking the bond terms to carbon reduction targets.  The targets include: Decreasing CHANEL’s own (scope 1 and 2) emissions by 50% by 2030  Decreasing CHANEL’s supply chain (scope 3) absolute greenhouse gas emissions by 10% by 2030  Shifting to 100% renewable electricity in…

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First opportunity for banks to receive stamp of approval on science-based climate targets

Stuart Mitchell

New science-based target validation now available to help financial players align their lending and investments with the Paris Agreement. 55 institutions already committed. The first opportunity for financial institutions to set science-based targets to align their lending and investment activities with climate science is launched today by the Science Based Targets initiative (SBTi). Banks, investors and insurance companies can now verify whether climate targets for their operations and portfolios align with the Paris Agreement’s goal of keeping global warming to 1.5°C or well-below 2°C . 55 financial institutions including Bank.…

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Tesco commits to 300% sales increase in meat alternatives

Stuart Mitchell

Tesco has announced it will become the first UK retailer to set a sales target for plant-based meat alternatives as it steps up its work with its partner, WWF to halve the environmental impact of food production. The retailer has committed to a 300% increase in its sales of meat alternatives by 2025*, alongside a wider set of sustainability measures which it has developed with WWF. Taken together, the measures included in the partnership’s Sustainable Basket Metric will aim to halve the environmental impact of the average UK shopping basket.…

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