Month: December 2022

Co-op to ‘clear’ shelves of all coloured milk bottle tops to increase recyclability

Stuart Mitchell

Co-op has committed to removing all coloured milk bottle caps from its shelves, the convenience retailer has confirmed, delivering ‘clear’ benefits for the recyclability of the lids. Shoppers are soon set to see clear caps on all Co-op’s skimmed, semi-skimmed and whole milk across all its stores in towns, villages and cities across the UK. Clear bottle tops reduce colour contamination in the high-density polyethylene (HDPE) stream, allowing materials to be recycled more easily into food-grade packaging. The move follows successful consumer trials on semi-skimmed milk in more than 400…

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IFC Launches New Platform to Bolster Venture Capital Ecosystems in Africa, Middle East, Central Asia, and Pakistan

Stuart Mitchell

To help build the digital economy in Africa, Middle East, Central Asia, and Pakistan, IFC has launched a new $225 million platform to strengthen venture capital ecosystems and invest in early-stage companies addressing development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors. In 2021, these regions collectively received less than 2% of $643 billion of global venture capital funding. Access to capital has been exacerbated by a slowdown in global venture capital investment, the COVID-19 pandemic, the rise in food and supply chain costs,…

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XPO Logistics Releases 2022 Sustainability Report

Stuart Mitchell

XPO Logistics, Inc., a leading provider of freight transportation services, today announced the release of its fourth annual sustainability report. The 2022 report details the company’s ESG progress from January 1, 2021 to December 31, 2021. It includes an overview of the company’s sustainability initiatives, as well as data on more than 60 performance indicators. Brad Jacobs, chairman and chief executive officer of XPO Logistics, said, “Our updated Sustainability Report shows how our performance in 2021 aligns with our core values – safe, inclusive, innovative, entrepreneurial and respectful. With the…

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Triodos Bank sets out concrete action for an inclusive society

Stuart Mitchell

Triodos Bank– a frontrunner in sustainable banking – urges governments, companies, social institutions and the financial sectorto make the transition to a regenerative economy that is fairer and more inclusive. There are three courses of action: empowering people, building inclusive societies, and challenging dominant values and structures. All the proposals are included in Triodos Bank’s vision paper “Building open and resilient communities for an inclusive society” published today. Promoting inclusion in society is a strategic priority for Triodos Bank: its loans and investments focus particularly on the labour market, financial inclusion,…

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