Day: 29 November 2021

Bacardi Cuts Plastic in Its Gift Packs by 50%

Stuart Mitchell

Bacardi, the largest privately held spirits company in the world, has announced that this holiday season its range of gift packs will contain 50% less plastic than last year. Bacardi is removing a total of 147 tons of single-use plastic used annually in its gift packs through innovative new designs, which remove the need for plastic, and by replacing plastic inserts or trays with sustainable alternatives made from cardboard certified by the Forest Stewardship Council.    This year’s 50% cut is a giant step towards Bacardi achieving its 2023 goal…

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Teva Becomes First Pharmaceutical Company to Execute Sustainability-Linked Bond Tied to Both Climate and Access to Medicine Targets

Stuart Mitchell

Teva Pharmaceutical Industries Ltd. announced ambitious commitments to address two of today’s greatest global crises—access to medicines and climate change—tied to its recently issued $5 billion sustainability-linked bond. The bond is linked to three targets, including a 25% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions and a 150% increase in access to essential medicines for patients in low- and middle-income countries (LMICs) by the end of 2025. “A key part of our environmental, social and governance (ESG) efforts is helping the world in ways we’re uniquely positioned…

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Deckers Sets Science-Based Targets and Releases Its FY21 Creating Change Report

Stuart Mitchell

Deckers Brands, a global leader in ­­­designing, marketing, and distributing innovative footwear, apparel and accessories, today announced it has set science-based targets to establish a path to reduce its emissions and released its Fiscal Year 2021 Corporate Responsibility and Sustainability Report, Creating Change. Deckers’ Creating Change report details its aspirations for advancing environmental and social improvements across its business, portfolio of brands, global supply chain, and communities worldwide. In addition, the report highlights achievements from the reporting year April 1, 2020 through March 31, 2021. “I am proud of our bold commitment to…

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The Walt Disney Company Launches Disney Ultimate Toy Drive to Provide Toys to Children in Need This Holiday Season

Stuart Mitchell

The Walt Disney Company has launched its 2021 Disney Ultimate Toy Drive benefiting the Marine Toys for Tots Program, as part of its efforts to inspire a world of hope. The campaign kicked off during Good Morning America on ABC this morning where co-anchor Michael Strahan and ABC News Correspondent Will Reeve announced the $500,000 donation to Toys for Tots.   Now through this December 14, families and fans can join the Disney Ultimate Toy Drive and give back to those who need it most this holiday season by donating a…

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HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India

Stuart Mitchell

HDFC Bank, Mastercard, U.S. International Development Finance Corporation (DFC), and U.S. Agency for International Development (USAID) launched a $100 million credit facility to promote and encourage small businesses in India to digitize, while also helping Indian businesses, particularly those that are women-owned, to recover from the economic impacts of the pandemic. COVID-19 has had a disproportionate impact on small businesses, forcing many to close prematurely. Additionally, the accelerated shift to digital payments engendered by the pandemic means that small businesses must adapt to changing market dynamics and consumer preferences to…

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