IOC commits to cutting its greenhouse gas emissions by 50 per cent by 2030

The announcement was made by IOC President Thomas Bach during the General Assembly of the Association of National Olympic Committees (ANOC), currently taking place in Greece. It was made ahead of the UN Climate Summit (COP26) at the end of October in Glasgow, Great Britain. With this decision, the IOC increases its level of ambition from a previous commitment that set a 45 per cent reduction over the same time period, in line with the Paris Agreement on Climate Change. “The climate crisis is arguably the biggest challenge humanity is facing,” said…

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Corporate ESG Storytelling Focused on “E” in 2021, Reports 3BL Media

Companies were far more communicative on environmental topics in 2021, ahead of stories about philanthropy and diversity, equity and inclusion, according to study from 3BL Media’s environmental, social and governance (ESG) news platform 3BL Professional. Of the more than 8,000 reports and stories on ESG topics distributed by 3BL Media in 2021, environmental topics generated the most volume and audience interest, with engagement rising 68 percent over 2020. “As the public awaits the U.S. Securities and Exchange Commission’s proposed rule on mandatory climate disclosure for publicly traded companies, there has…

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Tetra Pak Invests in Four New Recycling Facilities, Enabling Global Carton Packaging Recycling to Exceed Fifty Billion a Year

Over the past four months, Tetra Pak has co-invested over €11.5 million with recyclers and industry players, to help set up four completely new recycling solutions for carton packages in Turkey, Saudi Arabia, Ukraine and Australia. From building recycling capacity from scratch via cross-border cooperation (in Saudi Arabia), expanding that capacity by 50% (in Turkey), tripling the production capacity for the cartons’ PolyAl2 element (in Ukraine) to leveraging a public/ private partnership (in Australia), these projects share one single, critical trait. They will enable recycling of all components of a…

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Supply Chain Due Diligence Pioneer Sourcemap Raises $10 Million to Meet Global Demand for Transparency and Traceability

Sourcemap Inc., the leading provider of end-to-end supply chain due diligence software, today announced it has raised a $10 million Series A funding round, led by Energize Ventures with participation from E14 Fund. With the funding, Sourcemap will further expand its operations in North America and grow its global footprint with a European subsidiary to support growing demand for supply chain due diligence. Recent supply chain disruptions have underscored the importance of end-to-end visibility in how goods and raw materials are sourced. In January 2021, the United States seized over…

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PepsiCo Announces New Innovations and Partnerships to Celebrate World Water Day

As part of its pep+ (PepsiCo Positive) transformation, PepsiCo, Inc. announced several new innovations, investments and partnerships to progress against its ambition to be Net Water Positive by 2030, aiming to replenish more water than the company uses. This includes developing a new technology to recover more than 50% of the water used in its potato chip manufacturing, investing nearly $2 million for the Colorado River Basin, extending safe water access to 8 million more people in 2021, and signing a new partnership to scale a groundbreaking drip irrigation technology across…

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