Month: June 2022

Alliance launches US$3M prize for solutions to address flexible plastics in household waste

Stuart Mitchell

FLEXIBLE plastic packaging waste remains one of the most challenging types of materials to process and recycle. To help solve this issue, the Alliance to End Plastic Waste (Alliance) has announced a US$3 million prize to incentivise solutions that advance a circular economy for flexible plastic packaging found in household waste. The inaugural prize aims to identify and accelerate novel solutions that enable more effective collection, processing, and recycling of flexible plastics. These solutions should also be commercially viable and replicable, to enable widespread adoption across different geographies. Innovators from…

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Largest Database for Recycled and Next Gen Paper and Packaging Launched

Stuart Mitchell

The world’s largest compilation of recycled and NextGen paper and packaging options available to brands and companies — the EcoPaper Database — has just been updated and expanded. This integral resource comes at a vital time as the impact of paper packaging on the world’s forests, climate, and biodiversity continues to grow. The EcoPaper Database (EPD), created by international environmental non-profit Canopy, is a listing of over 1,100 paper and paper packaging options available to help businesses reduce their impact on Ancient and Endangered Forests. The much-anticipated update of the…

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ELC Expands Renewable Energy Portfolio with Canadian Solar Array

Stuart Mitchell

The Estée Lauder Companies (ELC) has expanded its global renewable energy portfolio with an on-site solar installation at its new, state-of-the-art fill and assembly manufacturing facility, Hillmount, in Markham, Ontario. The rooftop installation makes Hillmount the company’s first Canadian facility to use on-site solar power, bringing the company’s total solar capacity to 5.7 MW worldwide and helping to further its climate action strategy. The leading component of ELC’s climate-related strategy to address Scope 1 and 2 emissions for its direct operations is the pursuit of energy efficiency and on-site/off-site renewable…

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Regenerative agriculture transition to be accelerated through new impact fund

Stuart Mitchell

Worldwide insurance and asset management company AXA, global consumer goods company Unilever, and global alternative asset management group Tikehau Capital, have announced they have signed a Memorandum of Understanding outlining their ambition to create an impact fund dedicated to accelerating and scaling the regenerative agriculture transition. Together, agriculture, land use, and deforestation represent the second-largest source of greenhouse gases emissions globally and the primary driver of biodiversity loss. Regenerative agriculture practices can reverse this trend and play a crucial role in addressing climate change and environmental challenges. Healthy soils can…

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Triodos Bank named ‘Best Ethical Financial Provider’

Stuart Mitchell

Triodos Bank UK has been voted both ‘Best Ethical Financial Provider’ and ‘Best Investment Provider’ at the British Bank Awards 2022. The sustainable bank was nominated in five categories overall, including ‘Best Current Account Provider’ and ‘Best British Bank’. The awards recognise financial companies that offer the best products, innovation and service, and are entirely voted for by customers. In total, over 81,000 people voted in this year’s awards. Bevis Watts, chief executive of Triodos Bank UK, said: “It really says something that these awards are voted for by customers.…

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