Month: February 2022

McDonald’s Accelerating Climate Action to Reach Net Zero Emissions by 2050

Stuart Mitchell

The McDonald’s Corporation is announcing its commitment to achieve net zero emissions across its global operations by 2050. As part of this initiative, the Company is joining the United Nations Race to Zero campaign and signing on to the Science Based Targets initiative’s (SBTi) Business Ambition for 1.5°C campaign. In pursuit of a 1.5°C future, McDonald’s will increase the emissions reduction levels in its existing 2030 science-based target across all scopes of emissions in line with developing SBTi best practices and will set a long-term reduction target to reach net zero emissions. Efforts underway since 2018 have already resulted in an 8.5% reduction in the…

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Five Tips to Help SMBs Harness the Power of Sport in their Marketing Year-Round

Stuart Mitchell

With the Olympic and Paralympic Winter Games Beijing 2022 ongoing, iStock, a leading ecommerce platform providing premium visual content to SMBs, SMEs, creatives, and students everywhere, has revealed five key strategies to help businesses effectively capitalise on the power of sport to connect with customers on a deeper level.  According to Visual GPS, an iStock research initiative, consumers across the globe are interested in deeper visual representation when it comes to sports, with 81% of people in the UK agreeing that sports should be accessible to everyone. The research also…

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WWF Releases New Position: Chemical Recycling Implementation Principles

Stuart Mitchell

As part of the No Plastic in Nature vision, World Wildlife Fund (WWF) released Chemical Recycling Implementation Principles. These principles aim to help decision makers determine if and how chemical recycling—an emerging technology with unknown environmental and social outcomes—should be pursued as a plastic waste mitigation tactic.  Alix Grabowski, director of plastic and material science at WWF said: “Even as technologies advance, we can’t recycle our way out of the growing plastic waste crisis. Instead of just focusing on recycling, we should prioritize strategies like reducing our overall single-use plastic…

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Walmart and Plenty Partner To Lead the Future of Fresh Produce

Stuart Mitchell

Walmart and Plenty Unlimited Inc. has announced Walmart signed an agreement to invest in Plenty, an indoor vertical farming company, as part of their $400M Series E funding round subject to a regulatory approval. Walmart’s equity investment is part of a broader strategic partnership to utilize Plenty’s indoor vertical farming technology platform to deliver fresh produce to Walmart retail stores. As part of the investment, at closing, Walmart will also join Plenty’s Board of Directors. Together, Walmart and Plenty will work collaboratively to create a new, market-leading product category in…

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Walgreens Looks to Enhance Supplier Diversity Through Upcoming Virtual Summit

Stuart Mitchell

Walgreens has announced that it will hold a Supplier Diversity Summit during the ECRM Supplier Diversity Week, a virtual showcase for diverse businesses and entrepreneurs to share their retail offerings. The virtual event, taking place April 5-8, provides diverse vendors the opportunity to connect with the Walgreens merchandising team, share their products, and receive feedback with the ultimate goal of being stocked on Walgreens shelves in their local areas. During the virtual summit, Walgreens will work to increase sourcing from suppliers that are at least 51 percent owned, operated, and…

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